Global Management

Cite this article as:"Global Management," in The Business Professor, updated April 23, 2020, last accessed October 23, 2020, https://thebusinessprofessor.com/lesson/global-management/.

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What is Global Management?

Global management concerns the management of employees and resources when carrying on business internationally. This includes all business activities, such as sales, marketing, hiring, and finance practices.

Global management requires an awareness of unique business factors, including:

  • Political/Legal Environment
  • Economic Environment
  • Cultural Environment

Some of the unique challenges associated with managing in a global organization include:

  • Openness to unique cultural elements.
  • Managing unique cultural elements
    • Cross-cultural Teams
    • Need Cultural Intelligence & Global Mindset

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