Scientific journal paper Q3
Global business models mapping: the American and European models
Renato Lopes da Costa (Lopes da Costa, R.); Nelson António (António, N.); Maria Isabel Miguel (Miguel, M. I.);
Journal Title
Global Business and Economics Review
Year (definitive publication)
2018
Language
English
Country
United Kingdom
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Abstract
The globalisation of business markets requires rethinking existing management theories, and demands a global mental map, open to cultural diversity. The direct competitor, once across the street, might now be kilometres away, putting pressure on companies to continuously learning, developing their competencies and updating their knowledge. This refers not only to practical and technical knowledge, but also to a wide-reaching knowledge of cultures and markets, be they strong, emerging or weak. As such, this article seeks to present theoretical guidance on the manner in which managers 'think strategy' in two very different contexts - those of the USA and Germany. Management models for each, related to their specific cultural characteristics, are presented and the implications of each considered.
Acknowledgements
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Keywords
Globalisation,Management global map,Management culture
  • Economics and Business - Social Sciences