Global Management

Global Management involves managing international business activities, distinct from domestic management due to unique factors like culture, political regimes, economic conditions, and logistical concerns. These elements influence how businesses operate globally, affecting employee management, customer interactions, and value delivery.

What is the primary focus of Global Management?

• Managing local business activities

• Managing international business activities

• Managing domestic supply chains

• Managing regional marketing strategies

Which of the following is a unique factor in global management?

• Local customer preferences

• Regional economic policies

• Domestic political stability

• Cultural differences

How does the political regime affect global management?

• It shapes regional supply chain logistics

• It affects domestic employee management

• It determines the laws governing foreign activities

• It influences local marketing strategies

What is a key logistical concern in global management?

• Regional warehousing strategies

• Global value chain management

• Domestic transportation costs

• Local distribution channels

In global management, how is value delivered to the customer?

• Through local partnerships

• Via domestic supply chains

• Through regional marketing efforts

• By managing the global value chain