About This Chapter
Decision Making in International Businesses - Chapter Summary
In this chapter, our expert business instructors outline challenges, methods and considerations pertaining to decision making in international business. As you progress through this series of simple and engaging lessons, you'll see how the global business environment influences work teams, group decision making, business ethics and more. You can access the chapter at any time using your computer or mobile device, and we've included short self-assessment quizzes to help you remember the information you study. When you're finished, you should be able to:
- Assess decision-making concepts in global business environments
- Evaluate differences in work teams in global settings
- Discuss ethical and cultural considerations that should be made in group decision making
- Describe the importance of ethical decision making in international business contexts
1. Decision-Making in a Global Business
In this lesson, we explore decision-making in a global business environment, and look at executives as proactive or reactive. They can be aggressive with decision-making or stay passive with decision-making.
2. How Teams Differ in a Global Setting
Different cultures view teams, or teaming, very differently. Those perspectives are compounded when there are multicultural teams present. This lesson will look at this issue in more detail.
3. Cultural and Ethical Considerations in Group Decision Making
Culture and ethics impact how groups interact and, thus, how they make decisions. In this lesson, we will talk about culture and ethics in a group setting.
4. Ethical Decision Making in International Business
Ethical decision making in international business varies depending on the culture of the country in which the business is located. In this lesson, we'll discuss ways to make sure ethical practices are being used in foreign countries.
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Other chapters within the Business 316: Strategic Decision Making course
- Introduction to Strategic Decision Making
- Strategic Thinking in Making Business Decisions
- Decision Making Models for Business
- Statistical Tools for Decision Making
- Quantitative Tools for Decision Making
- Financial Data for Strategic Decision Making
- Technological Support for Strategic Decision Making
- Strategic Decision Making & Risk Management
- Group Dynamics in Strategic Decision Making
- Strategic Decision Making for Managers
- Analyzing Business Decisions
- Communication in Strategic Decision Making