Managing In A Multicultural Environment

International Management

It involves managing across national boundaries. It is concerned with management of resources that operate in more than one country. The term implies the extension of the management process across national boundaries. In the international environment the basic functions of management while retaining their essential characteristics have an added complexity as they plan, organize, direct, control and make decisions managers must deal with new and different situations, characteristics and cultural perspectives.International business is business activity that takes place across national boundaries. It involves buying or selling products between countries.

When a company’s international involvement is high it becomes a multinational company (MNC).