Nowadays the international trade has a considerable extension; the exchange of goods, services, and natural resources is making in all over the world. Transportation and communication become quicker with the precious aid of the new technology. Often, several companies move from their native country to another one. The world is seen now as a global market where a diversity of societies is appealed to deal together. So, the management must from now on be considered in larger sense as several countries has to combine their view of management, their managerial styles and indubitably their culture, to ensure the globalization of business. So, what is the general impact of management in the international business?
In this essay this question will be clearly answered by deep details, concerning the important issues meet generally the managers in business international, such as: Conflict of culture, ethical issues, and fair trade issues. And the advent of the Multinational Corporation will be largely explained.
Finally, as example, the difference between the managerial styles of USA and Japan will be considered and the managerial styles of China will be described.
Keywords: Management, Globalization, Trade
With the expansion of the market in the world, the rise of production, and the number of customers, the management becomes more complex and more competitive. The globalization of the business requires diversity of tasks and skills; due to the high rise of demand in the international market. Consequently, more employees will be contacted to move to another place to satisfy the unlimited needs. Then, this fact causes the implantation of several international companies or multinational corporations, the conflict of culture, the ethical issues and fair trade issues. View this amazing phenomenon how some countries use the management principles in their area?
A multinational corporation (MNC) or multinational enterprise (MNE) is corporation that is registered in more than one country, or that has operations in more than one country. The multinational corporations takes profits in selling goods and services to a high number of foreign customers who exiting to discover new products, and services. Example of Multinational Corporation is the American company Nike Inc. The multinational corporations often causes employees and managers to move to another place to assure the management of the company, where they usually face new cultures, new managerial styles.
Culture shock experienced by managers who work abroad
As the social and business norms are different in each country. Managers can feel uneasy, and may have difficulty to adapt to new environments. They can surely have some communications problem if they are embarked in a country which speaks a different language from theirs. In plus, each country has its own managerial style. For example, Japan is a country with a culture of strong avoidance of uncertainty, it...