Global Management
Submitted To
Mr. Md. Mizanur Rahman
Associate Professor
Department of Management Studies
Faculty of Business studies
Jagannath University
Submitted By
Happy Roy
Serial no: 05
Section: A
Subject: Global Management
Subject Code: Mgt 5102
Department of management Studies
Faculty of Business studies
Jagannath University
Date of Submission
26 June, 2013
Jagannath University, Dhaka
Topics of the assignment
1. Concept of global management.
2. Globalization means share jobs and goods – explain it.
3. Three regional trade blocs.
4. Social responsibility of MNC.
1. Concept of global management
Global management refers to the way an organization manages its business internationally, including its sales, marketing, and hiring and finance practices.
As technology continues to connect the world, many organizations have taken advantage of the opportunity to conduct business globally. Global management combines knowledge of business, culture, history and social practices to help companies find their niches in the global business community and successfully work with other cultures.
Global management can usefully be considered from the perspective of the different functions of the organization: marketing, production, human resources, finance and other support activities.
As a global manager one shall not only need to understand business principles, but also need a firm grip of the local customs, professional life and regional policies of the countries that his/her company wants to partner with. Many companies also look for managers who speak multiple languages and have experience representing more than one country, as well as those who are willing to move from one location to another.
3. Three regional trade blocs
A trade bloc can be defined as a ‘preferential trade agreement’