Chapter 15 Vocab Flashcards
Global Culture
development of communications, expectations, shared artifacts, and social norms across different cultures
Particularism
making judgements and actions based on personal characteristics
- rejects shared global culture
- rejects foreign goods in domestic markets
Main Global Strategies
domestic, francshier, multinational
Organized Structure
centralized, decentralized, coordinated
Centralized
systems development and operations fully at home base`
Decentralized
local foreign units
- each foreign unit designs own solution and system
Coordinated
all participate equally
Domestic
actions in home city
International sales dispersed
Multinational
concentrates finanacial management and control at central home
- decentralizing production, sales, and marketing
Franchiser
created, designed, finaanced initally in home, but product relies on foreign markets
Transnational
truly global, no national HQ
- managed fully from global perspective
Duplicated
development occurs at home but operations foreign
Networked
development and operations occur in coordinated fashion across all units
Incremental Approach
piecemeal
- fail for lack of visibility + power
Grand Design Approach
everything at once