Preface 5
Chapter I Introduction to International Management and Entrepreneurship 6
The roots of international management and entrepreneurship 7
The process of internationalization and globalization-theoretical
and practical issues 9
1.1.1 Globalization from the general viewpoint .........................................11
3
The origin of globalization 17
Influence of globalizations on business 21
Sport as the most globalized legitimate business in the world 22
Causes of Globalization 22
Firm´s activities vs. globalization 23
Economic impact of globalisation: 23
Social impact of globalisation: 24
Environmental impact of globalisation 24
Positive Aspects of Globalization 25
Negative Aspects of Globalization 25
Anti-Americanism 25
Anti-American terrorism 26
Economic Impacts of Anti-Americanism on American Business 27
The business network as one result of globalization 27
A partnership vs. business networks 29
Questions for Discussion 32
References 32
Chapter II The Political, Legal and Technological Environment 36
Political Environment 37
Political Risk 37
Legal Environment 38
Basic Principles of International Law 39
Laws Directly Affecting International Business Transactions 40
Laws Directed against Foreign Firms 40
Questions for Discussion 42
References 42
Business Ethics in International Environment – Introduction 43
Defining Business ethics 44
The ethical code (Code of Conduct) 46
Business Ethics in the multinational context 50
Corporate social responsibility (CSR) 53
Questions for Discussion 55
References 55
Role of the Culture in International Business - Introduction 57
Definition 58
Models of Business Cultures and Organizational models 59
Models of Business Cultures 59
Organizational Models 61
Analyzing Cultures 63
Questions for Discussion 66
References 66