© 2002 Thomson Learning, Inc. CHAPTER 20 The Future Text by Profs. M. Czinkota, I. Ronkainen, and...

© 2002 Thomson Learning, Inc.

CHAPTER 20CHAPTER 20

The FutureThe Future

Text by Profs. M. Czinkota, I. Ronkainen, Text by Profs. M. Czinkota, I. Ronkainen, and M. Moffettand M. MoffettMultimedia Presentation byMultimedia Presentation byProf. Milton PressleyProf. Milton PressleyThe University of New OrleansThe University of New Orleans

milton.pressley@uno.edumilton.pressley@uno.edu

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• To understand the many changing To understand the many changing dimensions that shape international dimensions that shape international businessbusiness

• To learn about and evaluate the To learn about and evaluate the international business forecasts made by international business forecasts made by a panel of expertsa panel of experts

• To be informed about different career To be informed about different career opportunities in international businessopportunities in international business

LEARNING OBJECTIVESLEARNING OBJECTIVESLEARNING OBJECTIVESLEARNING OBJECTIVES

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The International Business The International Business EnvironmentEnvironmentThe International Business The International Business EnvironmentEnvironment

• The Political EnvironmentThe Political Environment• Planned versus Market EconomiesPlanned versus Market Economies

• The North-South RelationshipThe North-South Relationship• Environmental protectionEnvironmental protection

• Emerging MarketsEmerging Markets• A Divergence of ValuesA Divergence of Values

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The International Business The International Business EnvironmentEnvironmentThe International Business The International Business EnvironmentEnvironment

• The International Financial The International Financial EnvironmentEnvironment• International debt loadInternational debt load

• The Effects of Population ShiftsThe Effects of Population Shifts• Population increasePopulation increase• Population stabilizationPopulation stabilization

• The Technological EnvironmentThe Technological Environment• OnlineOnline

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Changes in Trade RelationsChanges in Trade RelationsChanges in Trade RelationsChanges in Trade Relations

• Formation of the World Trade Formation of the World Trade Organization (WTO)Organization (WTO)

• Major imbalances in trade flows Major imbalances in trade flows tempt nations to apply their own tempt nations to apply their own national trade remediesnational trade remedies

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Government PolicyGovernment PolicyGovernment PolicyGovernment Policy• Trigger mechanismsTrigger mechanisms• Trade policy measuresTrade policy measures

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The Future of International The Future of International Business ManagementBusiness ManagementThe Future of International The Future of International Business ManagementBusiness Management• International Planning and ResearchInternational Planning and Research

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Figure 20.1 – Long- Term PlanningFigure 20.1 – Long- Term PlanningFigure 20.1 – Long- Term PlanningFigure 20.1 – Long- Term Planning

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The Future of International The Future of International Business ManagementBusiness ManagementThe Future of International The Future of International Business ManagementBusiness Management• International Product PolicyInternational Product Policy

• Mass customizationMass customization

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© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

The Future of International The Future of International Business ManagementBusiness ManagementThe Future of International The Future of International Business ManagementBusiness Management• International CommunicationsInternational Communications• Distribution StrategiesDistribution Strategies• International PricingInternational Pricing

• Forward pricingForward pricing

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© 2002 Thomson Learning, Inc.

Careers in International Careers in International BusinessBusinessCareers in International Careers in International BusinessBusiness• Further TrainingFurther Training• Employment With a Employment With a

Large FirmLarge Firm

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© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

© 2002 Thomson Learning, Inc.

Careers in International BusinessCareers in International BusinessCareers in International BusinessCareers in International Business• Employment With a Small or Medium-Employment With a Small or Medium-

sized Firmsized Firm• Self-EmploymentSelf-Employment• Opportunities for Women in Global Opportunities for Women in Global

ManagementManagement

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