Showing papers on "Business model published in 1973"

International Business in the MBA and BBA Core Program

Abstract: A survey of academic experts on international business reveals a variety of approaches to internationalizing the core curriculum of all business students. Micro as well as macro international topics are considered worthy of inclusion in the common body of knowledge of all business students. Although few schools now require some minimum education in international business of all graduates, such requirements may be more widespread in the future.

The Future of the International Business Professor

Abstract: This article represents the AIB Presidential Address given at the annual meeting in Toronto, December, 1972. It notes certain developments affecting education for international business and considers some possible responses to them.

The Political System in Business

Abstract: F managers who have read the recent literature on organizational behaviour (for example Cyert and March [1],Thompson [2]) can continue to accept that a credo of maximization of profits provides an adequate guideline for top management decision making. However, a difficulty arises with these recent theories of organizational behaviour in that they are largely descriptive and in themselves do not provide guidelines for executive decision making. It is felt that the only way in which a theory of the firm can be evolved, that takes into account actual organizational behaviour and also provides the required prescriptive guidelines, is to take a political approach. In this article a highly condensed version of a more elaborate political model of the firm [3] will be proposed. The basic philosophy of the article is that the activities of individuals and groups of people interacting with a firm are inherently political, where politics can be defined as follows: Politics is a process which takes place when one or more "actors attempt to structure a situation in such a way that their individual goals are promoted. The term "actor" is used here so as to mean an individual, a group, an organization or even a nation. If this definition is acceptable, then there is no doubt that much of the activity which takes place in thefirm ispolitical, as situations which satisfy the above definition arise at three levels:

Toward International Business Communication

Abstract: The author describes his efforts to develop international communication as an academic subject matter, and describes the historical development of studies in the various fields of Business English and Business Communication in Japan.

The Fourth Dimension of Education for International Business

Abstract: Education for international business management must be as dynamic as the management decision making process. The traditional three approaches all suffer from serious weaknesses. Most important, learning is separated from real decision making under constantly, and rapidly, changing environmental influences. The “Fourth Dimension” of international business education takes place through graduate seminars composed of class-teams assigned the responsibility of studying an aspect of real management in depth with their results being considered and/or used by the firm that provided the problem for study.

Management and the multinational business environment

Abstract: In discussing the implications to the business firm of expanding operations overseas, attention is drawn to the impact on the organization of, and the decision-making process within, the firm. The author employs various analytical devices to show multinational business decision-makers how to structure decision problems.

Impressions of an m.b.a. program: its value to a practitioner.

Abstract: The article reports the author's opinion of the master of business administration (MBA) program in management. The author, the recipient of a master of business administration, suggests that the pr...

Terminology in International Business Studies—Order out of Chaos

Abstract: Even the title of this paper poses a question to those studying business conducted in more than one country because definitions of "international" vary from textbook to textbook, from article to article, from book of readings to book of readings. Besides only a rather vague agreement on the adjective, there is also a vagueness as to the noun. Should it be "business," "commerce," "trade," or "marketing"? The second part of the title does not indicate that there will ever be a precise, acceptable set of terms that will be mandated by an association or group. A progression of terms is set forth, however, that may lead to a somewhat more orderly approach to the problems of the business that moves from strictly domestic activities to the broadened range of business abroad.

On Employment and Curriculum of the International Business Program

Abstract: In terms of employment with an international company and entering into the area of international operations of the employer, a survey based on questionnaires suggests that the international business program is more suitable for graduates than undergraduates and for a combined major than a major.

Co-Ordinating Government Relations with Business:

Abstract: I N this article I discusssome of the problems of managing a very large Department, includingsuch questions as encouraging delegation, ensuring proper lines of communication and the scope for such techniques as the creation of units of accountable management etc. It is necessary first, however, to describe briefly how the DTI came into existence and how it is organized at present. The Department of Trade and Industry was created by the present Government three years ago. Its formation was announced in the White Paper on the Re-organization of Central Government (Cmnd 4506) published in October 1970 and it began to operate in the same month. One of the Government's aims was to improve the framework within which public policy is formulated by matching the field of responsibility of Government departments to coherent fields of policy and administration. To this end Government departments were to be organized \"by reference to the task to be done or the objectives to be attained\" and the emphasis was to be on the grouping of functions together in Departments with a wide span, so as to provide a series of fields of unified policy. The Department's aim is, \"to assist British industry and commerce to improve their economic and technological strength and competitiveness\" and for this purpose to establish a general framework of requirements, incentives and restraints within which firms can operate as freely as possible to their own individual advantage. The Department is thus responsible for most of the issues that affect industry and commerce, including trade policy at home and overseas, much influenced by entry into the EEe; competition policy and consumer protection; aspects of prices policy; company law; industrial development, both national and regional; research and development. The field covers most of the private sector of manufacturing industry, and much of the public sector: electricity, coal, gas, atomic energy, steel, airlines and airports. Under previous Governments these responsibilitieswere divided between Departments in various ways, mainly, in recent years, between the Board of Trade and the Ministry of Technology[I]. The White Paper of October 1970sets out, in paragraphs 19-25, the advantages which the Government saw in assigning this whole field of policy to a unified Department. They included bringing together the 'internal' and 'international' aspects of commerce and industry so that the Department responsible for export promotion and overseas commercial policy was also responsible for the bulk of Government's relations with industry; avoiding a division of responsibility for Government relations with publicly and privately owned enterprises operating in the same sector; simplifying industry's contacts with Government; ensuring that general industrial and commercial services (company law, standards, patents etc) were dealt with by the same Department as dealt with specific industries; and improving Government's machinery to deal with trade and industry matters in relation to accession to the European Economic Community. These advantages might also be said to represent some of the main tasks of the Department if their full benefits are to be realized.