Cross cultural management Lecture 1: Cross cultural management:  Three layers of analysis: a general framework to better understand the cross cultural in cross cultural management Indirect lines= indirect influences Direct lines = direct influences The institutional environment forms the ...

Lecture 7: Video 14: Foreign exchange rate exposure:

1. Transaction exposure, exposure is the risk that currency exchange rates will change after the companies have already entered into financial obligations. (for an example see the slides)
2. Translation exposure, the risk that a compan...

Lecture 2: Second industrial revolution, between 1870-1913, also first wave of globalization. US, Russia and Japan were leaders in average percentage growth. When we look at the GPD but not divided by the population, we see that the United States is becoming a global leader, but the Netherlands is l...

Lecture 1: 3 main perspectives:

1. Neo-classical
2. New institutional
3. The entrepreneur

Neo classical theory: The representative firm= a model firm not necessity in existence, which as an abstract construction is used to illustrate the operations of a markets as a whol...