Examination subjects on International Management 2013 Copiute - Management International

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1. International management and its role in the contemporary world. INTERNATIONAL MG- International management is the practice of managing business operations in more than one country. International Management professionals are familiar with the language, culture, economic and political environment, and business practices of countries in which multinational firms actively trade and invest. They also have the conceptual and analytical skills needed to formulate effective management strategies and policies to benefit all the firm’s constituents in today’s globally competitive environment. The global manager has to play multidimension role by combining his technical skill, people skill and soft skill. the manager must have combination of hard as well as soft skills. He must be able to organize, analyse and motivate people at international level. GLOBAL MANAGER HAS FOLLOWING ROLES 1. In the capacity of country manager. The global manager has to deal with clients, legal bodies, immigration authorities on behalf of his office. 2. In the capacity of functional manager. The global manager has to select right technique, right resources, software projects to compete at international level. 3. In the capacity of business leader. The global manager has to make changes in the organization keeping in mind the trend of world and requirement of outsourcing. Role: to make possible the attainment of goals, at any level of world economy, by the means of planning, organizing and controlling the activities and necessary resources. 2. The fundamental operations and functions of international management. Functions by area: 1.Administrative managers-implement policies decisions; 2.Marketing mgs-promote activities,advertising; 3.Financial mgs-manage financial fluxes; 4. Operaations mgs-production; 5. R&D mgs-innovations, laboratories,business incubators; 6.Information mgs-manage informational fluxes, computer intelligence, economic intelligence, internet, intranet extranet, comp & informational literacy in professional area.