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F.W. Taylor and Scientific Management
Mary Parker Follett
Hawthorn


Frederick Taylor
study ppl at car factories
how to change things in environment to increase performance
standardize the routine
ignore people feeling, everyone is interchange able
very top down command

Bus 188 - 1

188T

Purchase text book
Read chapter 1-2

File Format 188T_Team_"Teamname".xls
188T_Team_RedOctober.xls

Bus 162 - 1

Chapter One

Globalization and International Linkages

1. Assess - the implication of globalization for countries, industries, firms, and communities.
2. Review - The major trends in global and regional integration
3. Examine
4. Analyze

International Mgnt
* International management process:
-Applying management concepts and techniques in a multinational environment
-Adapting management practices to different economic, political, and cultural environments.
*Multinational corporation (MNC):
- Operations in more than one country
- International sales
- Nationality mix of managers and owners

Globalization: the process of integration among countries around the world with a vision of a single market entity: Social, Economic, Political, Technological, Cultural

Internationalization: the process of a business crossing national and cultural borders.

*Benefits of Globalization: Wealth, jobs, technology, lower prices.
*Criticisms of Globalization: off-shoring of business service jobs to lower wage country; growing trade deficits; slow wage growth; environmental and social impacts.

Global Agreement
World Trade Organization (WTO)
(General Agreement on Tariffs and Trade (GATT)
*Regional Agreements:
North American Free Trade Agreement (NAFTA)
U.S. - Central American Free Trade Agreement (CAFTA)
Europe Union (EU)
Association of Southeast Asian Nations (ASEAN)
Free Trade Agreement of the Americas (FTAA)

read ch 1-2

Business Society 1-1

Environment in which business operates.
How much say society should have about bank and finance institution

4 books.
The corporation "the pathological pursuit of profit and power"
"The big squeeze"
Predictably Irrational -
Outliers by malcom gladwell

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