About This Chapter
Who's it for?
Anyone who needs help learning or mastering introductory management material will benefit from taking this course. You will be able to grasp the subject matter faster, retain critical knowledge longer and earn better grades. You're in the right place if you:
- Have fallen behind in understanding contemporary business issues or managerial functions in an international organization.
- Need an efficient way to learn about work teams.
- Learn best with engaging auditory and visual tools.
- Struggle with learning disabilities or learning differences, including autism and ADHD.
- Experience difficulty understanding your teachers.
- Missed class time and need to catch up.
- Can't access extra management learning resources at school.
How it works:
- Start at the beginning, or identify the topics that you need help with.
- Watch and learn from fun videos, reviewing as needed.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Submit questions to one of our instructors for personalized support if you need extra help.
- Verify you're ready by completing the International Management and Contemporary Issues chapter exam.
Why it works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the International Management and Contemporary Issues chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any relevant question. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students will review:
In this chapter, you'll learn the answers to questions including:
- What is the function of management in an international organization?
- What qualities will I need to work as an international manager?
- What is the definition and purpose of regional integration?
- How can I manage a diverse workforce?
- How does Hofstede's Cultural Dimension Theory work?
- What roles do business ethics and social responsibility play in an organization?
- How does e-business enhance and enable organizations?
- How can creativity and a sense of innovation enhance my career in international management?
1. Managerial Functions in the International Organization
Every manager focuses on five different aspects of management. These aspects are common knowledge and when used together, they help to create an effective manager. This lesson will address those areas and integrate them into international business.
2. Characteristics of the International Manager in Global Organizations
Managers need to be able to plan, control, organize, and lead their companies and departments. When we look at international business, there are some additional aspects that come into play for a manager to be successful.
3. Internationalization & Globalization of Businesses
When companies decide to do international business, they have a wide variety of methods they can use to actually enter the market. This lesson will discuss those different methods and analyze how they work in an international context.
4. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
5. Regional Integration: Definition, Influence & Purpose
Regional integration is when a group of countries get together and develop a formal agreement regarding how they will conduct trade with each other. There are many different levels of involvement, and in this lesson, we will review the types and how a manager should understand and match them to his or her company's international needs.
6. Managing a Diverse Workforce in Contemporary Organizations
Diversity is all around us and is a huge part of the business climate today. All companies strive for diversity, so they can have a unique perspective and look at issues through the eyes of their employees. This lesson will address diversity in a global setting.
7. Hofstede's Cultural Dimensions Theory
Dimensions of culture are an important aspect of international business. Knowing how cultures view different aspects of business can help a manager navigate through the international business market.
8. Business Ethics in Contemporary Businesses
The concept of ethics is easy to give examples of but hard to define. In this lesson, we will discuss ethics and how they apply in the business world, as well as discuss an example of an ethical situation using Enron.
9. Social Responsibility in Organizations
Watch this video lesson to learn how companies put into practice their social responsibilities. Learn how a socially responsible company helps the environment, people, and employees along with giving freely to society.
10. E-Business Enhanced and E-Business Enabled Organizations
Businesses use the Internet in different ways. Some use it as a part of their business, while some use it to run the entire business. In this lesson, we will discuss the differences between e-business enhanced and e-business enabled businesses.
11. Creativity, Innovation, and Change and the Knowledge Economy
In business, one has to be creative and innovative in order to stay ahead of the competition. Having said that, one also needs to be able to manage change, as the business world changes on a constant basis. This lesson will address each of these topics and explain how they interrelate to business.
12. What Is Foreign Direct Investment? - Definition, Advantages & Disadvantages
Foreign direct investment has been a controversial issue in international economics. In this lesson, you'll learn about it, including some of its advantages and disadvantages. A short quiz follows the lesson.
13. Innovation in Business: Importance, Types & Examples
Innovation is everywhere. Learn several key concepts in the study of innovation, including leading theories, forms of innovation, and its impact on the competitive market.
Earning College Credit
Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Introduction to Management: Help and Review course
- Business Management Basics
- Management Basics: Help and Review
- Classical School of Management Theory: Help and Review
- Behavioral School of Management Theory: Help and Review
- Contemporary and Future School of Management Theory: Help and Review
- Planning in Organizations: Help and Review
- Organizational Change: Help and Review
- Organizing in Business Management: Help and Review
- Work Teams: Help and Review
- Leading in Organizations: Help and Review
- Leadership Theory: Help and Review
- Motivation in the Workplace: Help and Review
- Communication in the Workplace: Help and Review
- Controlling in Organizations: Help and Review
- Human Resources Basics: Help and Review
- Strategic Management and Managerial Decision Making: Help and Review
- Production and Quality Assurance: Help and Review
- Managing Organizational Changes
- Introduction to Small Business Management
- Theories of Business Management