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A Different View
John has done well in his company.In only five years, he has risen to the position of divisional manager.However, he knows that in order to rise to the level of senior management he needs to spend some time managing abroad in his company's foreign subsidiaries.Although he has travelled to foreign countries for business and holidays, he has never lived abroad and wonders what differences he would find.He is considering applying for a new foreign-based position, but first wants to find out some basic differences between managing in Australia and managing in a foreign country.He researched the topic of international management and found many helpful facts about countries and their people.
-Refer to A Different View (Scenario) .John found out that, compared to managers in many other countries, Australian managers are accustomed to legal and political systems that are ________.
Nonmanufacturing Settings
Environments or situations relating to business operations that do not involve the production of goods.
Standards
Established norms or requirements in various fields that act as a basis for comparison, quality measures, or regulations.
Principle Of Exceptions
A management principle emphasizing attention and resources on areas that deviate from the norm or expected results.
Standard Costs
Predetermined costs for products or services used to measure against actual costs for performance management and budgeting.
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