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Untitled Prezi

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by

Monica Roman

on 18 February 2016

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Transcript of Untitled Prezi

Template by Missing Link
Images from Shutterstock.com

Grupo Bimbo
The global economy
Trade
Cultural Forces

Day-to day behavior of people according to their traditions, norms & taboos
Global business is the buying & selling of goods & services by people from different countries
Unintended consequence: puts different societies & cultures in much greater direct contact with one another.
Managing Globally
Foreign exchange rates
Information Technology
Time Orientation
Language
Cultural Distance
Global economic trends
- Borderless organizations
- importance of imports & exports
- global sourcing of parts
Currency



Exports & imports vs.
Gross Domestic Product
world wide communication
-increase wireless networks
- global sourcing of parts
Effective corporate governance
adoption of market-based cultures
strong legal frameworks
(no bribery nor corruption)
Joint ventures, domestic policies mkt oriented
demand for stronger political & economic rights
World wide labor pool
Skilled, technical personnel
Western cultures: change can be shaped & controlled by individuals to achieve their goals.
Non-Western cultures: change is part of evolution of humans & universe
"Time is gold"
"There is more time than life"
Acts to bind or separate
Feedback to employees
Unintended or hidden meaning in translation
Full transcript