International Business

Managing Relationships in Transition Economies by Nancy K. Napier

By Nancy K. Napier

The transition from socialist or communist economic system to industry financial system in lots of nations has been dramatic, unpredictable, and totally on the skin, observable in new intake styles or larger criteria of dwelling. yet deeper swap within the managerial approach in those new marketplace economies has been a lot slower and not more glaring. it will be important to enterprise luck for overseas managers to appreciate their transition financial system opposite numbers. This ebook examines the interactions that overseas and transition economic climate managers have in construction enterprise relationships, the impacts at the back of these interactions, how the interactions themselves switch through the years, and the way to control the method of creating relationships extra easily.

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As the principal means of production, the labor collective measured its achievements not only by the increased volume of its production, but also by the size, education, and skill of its labor force (Clarke 1996a). Ideologically, production was meant to increase the well-being of the labor collective with the enterprise manager posing as the paternalistic LEGACY OF SOCIALISM, INFLUENCE OF GLOBALIZATION 21 guardian of the collective. In reality, however, the needs of the labor collective often were subordinated to the production and appropriation of surplus product (Clarke 1996a).

The economics of globalization has pushed the less-developed countries into even deeper misery (Burbach, Nunez, and Kagarlitsky 1997) and has raised the issue of finding a more just distribution of wealth. This consequence of globalization has been the centerpiece of debate and legislation regarding the role of the nation state in the world economy (Zwass 2002), and promises to be a major influence on the environment of business for the foreseeable future. 38 MANAGING RELATIONSHIPS IN TRANSITION ECONOMIES Transnational Corporations The international division of labor is determined as much by competition among transnational corporations as it is by the concerns of nation states (Zwass 2002).

Interestingly, H. , he worked for five years for a ORGANIZATIONAL CHANGE IN TRANSITION 43 nongovernmental financial organization that focused on loans for small businesses. He parlayed that knowledge into starting his own, Web-based investment and consulting firm, and has started to hire employees. All the while, he has been pursuing a low residency doctorate degree in Europe, and he's found a part-time lecturer's post in Hanoi. By 2003, he should have the degree, his firm will be a year old, and he'll still be in his thirties.

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