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WTO vs. U.S. Marine Mammals Protection Act – Flipper Seal of Approval Starbuck’s Fair Trade Blend U.S. MNCs that outsource/off-shore are 21 st century “Benedict Arnolds” Access to lower priced drugs from Canada Angola bans genetically-modified grain donated from World Food Program.
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WTO vs. U.S. Marine Mammals Protection Act – Flipper Seal of Approval Starbuck’s Fair Trade Blend U.S. MNCs that outsource/off-shore are 21st century “Benedict Arnolds” Access to lower priced drugs from Canada Angola bans genetically-modified grain donated from World Food Program Social Influence on Global Management
Hierarchy of External Influences • Social • Economic • Technical • Global • Political/Legal Remote Environment Competitive Environment Firm • Five Forces • Competitor Intelligence • Industry Structure • Strategic Groups • Political/Legal
Social Influencers (Stakeholders) • Shareholders • Government • Financial Community • Host Community • Ecological Environment • Society in General Remote Environment Competitive Environment Firm • Rivals • Customers • Suppliers • Employees • Managers • Board Members
Social Influence on International Strategy Acme GmbH WOS in Germany Acme Inc. HQ in U.S. Cervesa SA JV in Mexico Gang Ped LTD Contract Supplier in Thailand
Who are they? How can they be classified? How do they exert influence? What is level of threat [opportunity] ? Stakeholder Analysis
What company/industry? What are social issues? How do they impact the company? Describe issue in greater detail: Relevant political, legal, social, ethical, economic, and/or strategic drivers How do issue(s) impact company's strategy, entry mode, value chain activities, financial performance, etc.? What are YOUR recommendations? Your Examples and Recommendations