Term Paper of International Management

8/9/2019 Term Paper of International Management

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TERM PAPER

ON

INTERNATIONAL MANAGEMENT

Prepared by:

ASM Towheed : 801312006

Sorbazit Chandra Saha : 801312086

Shaibal Sen : 801312019

Md. Sumon Mia : 801312087

Prepared For:

Md. Rashedur Rahman

Assistant Professor

Department of International Business

University of Dhaka


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International Management

GermanySpain

Spain

Argentina

Brazil

Uruguay

Spain


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A conceptual and contextual overview

Evolution of management from the early 20th century

Mathematical and statistical techniques for decision

making

Contextual influenced contingency perspective

A social and political process influenced by societal culture

Global micro environmental trends are potential

implication to enrich their management process


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Management by Democracy

Employee control, co-control, joint management, token

consultation and no influence or control

Bureaucratic organizations VS communitarian

organizations

Co- ops can include individual ownership rights and

differing or materials reward

Democratic Management can be found in professionals

service partnership driven more by monetary rewards

Labor can experience a conflict of interest in balancing the

desire for higher pay for long term investment


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Western Europe Management

17 countries of EU

Unique Currency system

Labor comes under collective bargaining contracts

Major Language: German, English, Latin, French

Onion of the worker is valued

The average age to make it to the CEO is 48-50

Manages not mobile, tend to work for long time

Tech-knowledge is valued not EMBA Holders

Better work life balance than the US managers


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Analyzing Bangladesh

Growing home market with 160 million consumers

Comparatively low production costs

The bureaucracy can be quite cumbersome

Infrastructure is not sufficiently developed

Corruption can be a serious issue for setting up Business

Political stability stands as a big concern

Govt provides huge support for FDI’s


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Comparison Bangladesh and Western

European

Western European Management majorly depends on opinions of subordinates and communication is

both ways, however Bangladesh lacks the criteria and communication is always one way top to bottom.

CEO’s of Western European Management is technically sound and EMBA is the second priority where as

in Bangladesh EMBA is a prerequisite of jobs.

Economy has hit the maturity and the growth is very low for Western European countries, Bangladesh on

the other hand shows a very high growth in Economy

The average age to make it to the CEO is 48-50, and number of female CEO’s are very less. In Bangladesh

the CEO’s are older than this and female CEO’s are very few.

European CEO’s tend to have work and life balance; on the contrary Bangladesh’s management does not

seem very concern about the balance.


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Learning and Conclusion

The management varies on the culture and the pattern of the livelihood.

Planning, Organizing, staffing, leading and control have different degree of preference to

different people

Industrialist countries tend to have managers with technical knowledge rather educational

background

The developed nations values the opinions of the subordinates

Unions works in depth and helps the employees in every way possible

Bargaining with the management is well practiced in the Western culture

The benchmark of moral standards are very high in European counties

Starting a new production establishments in Western Europe is not the child’s play

Bangladesh provides very good support for new business establishments, except for the fact

those are political instability and power crisis

Unlike the Europe, people of Bangladesh are habituated with overtime and holiday works


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Term Paper of International Management

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