The document summarizes key topics from three chapters on management. Chapter 4 discusses managing in a global environment and developing a global mindset. Chapter 5 covers managing ethics and social responsibility, including frameworks for ethical decision making and corporate social responsibility. Chapter 6 is about managing start-ups and new ventures, identifying traits of entrepreneurs and how to write an effective business plan.

1. Management
Presented by Group 4

2. Title and Content
Chapter 4- Managing in a Global Environment
Chapter 5 - Managing Ethics and Social Responsibility
Chapter 6 - Managing Start-Ups and New Ventures

3. Chapter 4 - Managing in a Global Environment
Introduction
 Think globally - the whole world is a source of business threats and
opportunities. Aware of the international environment and probably
interact with people from other cultures.
 The World is Flat - The Borderless World and the Boss-lessness
Organization

4. Developing A Global Mindset

5. Expanding A Global Mindset
❶ Learning by thinking - Requires a genuine curiosity about other people &
cultures, an interest in and study of world affairs and international business,
the ability to open your mind and appreciate different viewpoints
❷ Learning by doing - Cultivating relationships with people across cultural
and national boundaries

6. Changing the Int’l Landscape
B(R)IC
MNCs - move a wealth of assets from country to country and influence
national economies, politics, and cultures
A Globalization Backlash
Serving the Bottom of the Pyramid Concept -

7. Strategies for Entering the International Arena

8. The International Business Environment
International management – The fundamental tasks - financing, production,
and distribution of products and services—
But experience greater difficulties and risks on an international scale.
When operating on an international basis, important to give considerable
thought to economic, legal-political, and sociocultural factors.

9. Key Factors in the International Environment

10. International Trade Alliances
 GATT and The WTO
 EU
 NAFTA
APTA
ASEAN
Question for Chapter 4

11. Chapter 4 - Managing in a Global Environment
Chapter 5 - Managing Ethics and Social Responsibility
Chapter 6 - Managing Start-Ups and New Ventures

12. Introduction
 Ethical values of corporate culture.
 Current ethical climate, consider the business case for ethics and social
responsibility
 Corporate Social Responsibility
 Create an ethical organization

13. Managerial Ethics
Code of moral principles / values that governs the behaviours of a
person or group with respect to what is right or wrong.
Standards - what is good or bad in conduct and decision making

14. Ethical Management

15. Frameworks for Ethical Decision Making
1. Utilitarian Approach (Benefits for greatest number of people)
2. Individualism Approach (Self gain, not popular in the highly organized and
group-oriented society of today)
3. Moral-Rights Approach (Right to privacy, right to freedom of speech)
4. Justice Approach (Distributive- same salary, Procedural-fairly/Rules should
clearly, Compensatory-Underlying the domain of law
5. Practical Approach (base decision on prevailing standard of the profession
and the larger society)

16. The Stages of Moral Development

17. Corporate Social Responsibility
 Management’s obligation to make choices and take actions that contribute to
the welfare and interests of society, not just the organization
Organizational Stakeholders
stakeholder
 stakeholder mapping

18. Organizational Stakeholders

19. The Green Movement
 New business imperative, driven by shifting social attitudes, New governmental
policies, Climate Changes, IT that quickly spreads any news of a corporation’s
negative impact on the environment
SUSTAINABILITY AND THE TRIPLE BOTTOM LINE
People, Planet, Profit

20. Evaluating Corporate Social Responsibility

21. Managing Company Ethics and Social Responsibility

22. ???
QUESTIONS AND DISCUSSION FOR CHAPTER 5

23. Chapter 4 - Managing in a Global Environment
Chapter 5 - Managing Ethics and Social Responsibility
Chapter 6 - Managing Start-Ups and New Ventures

24. Entrepreneurship - process of initiating a business venture, organizing
the necessary resources, assuming the associated risks and rewards
Start-Ups and New Ventures

25. TRAITS OF ENTREPRENEURS AND CHARACTERISTICS

26. Social Entrepreneurship
Primarily on creating social value by providing solutions to social problems, with a
secondary purpose of generating profit and returns
Committed to both good business and changing the world for the better
 Muhammad Yunus
 Solar Electric Light Company (SELCO)

27. Social Entrepreneurship

28. WRITING THE BUSINESS PLAN
 Clear, compelling vision
 Clear and realistic financial projections
 Profile potential customers and the target market
 Detailed information about the industry and competitors
 Evidence of an effective entrepreneurial management team
 Pay attention to good formatting and clear writing
 Keep the plan short
 Highlight critical risks
 Spell out the sources and uses of start-up funds and operating funds
 Capture the reader’s interest with a killer summary

29. Why Start-Ups Fail
❶ Poor management
❷ Sloppy accounting
❸ No Web site
❹ Operational mediocrity
❺ Fear of firing

30. CHOOSING A LEGAL STRUCTURE
❶ Sole Proprietorship
❷ Partnership
❸ Corporation

31. ARRANGING FINANCING
 Debt Financing
 Equity Financing Angel Financing
• Venture capital firm
• Crowdfunding

32. TACTICS FOR BECOMING A BUSINESS OWNER
Start a New Business
Buy an Existing Business
Buy a Franchise
Participate in a Business Incubator
Starting an Online or Mobile App Business

33. QUESTION ?
THANKS FOR YOUR ATTENTIONS
GROUP _ 4