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University of Sunderland

BA (Honours) Business Management

SIM337

Contemporary

Developments in Business

and Management

Version 5.0

Published by

The University of Sunderland

The publisher endeavours to ensure that all its materials are free

from bias or discrimination on grounds of religious or political

belief, gender, race or physical ability. These course materials are

produced from paper derived from sustainable forests where the

replacement rate exceeds consumption.

The copying, storage in any retrieval system, transmission,

reproduction in any form or resale of the course materials or any

part thereof without the prior written permission of the University

of Sunderland is an infringement of copyright and will result in

legal proceedings.

© University of Sunderland 2005

Every effort has been made to trace all copyright owners of

material used in this module but if any have been inadvertently

overlooked, the University of Sunderland will be please to make

the necessary arrangement at the first opportunity.

These materials have been produced by the University of

Sunderland Business School in conjunction with Resource

Development International.

Contemporary Developments in Business and

Management

Contents

How to use this workbook

Introduction

Unit 1

Introduction to the business environment

Introduction

The business as a transformation system

Analysing the environment

Approaches to organisations

Organisational structures

An alternative view

Summary

References

Further reading

1

2

7

19

26

31

32

36

36

Unit 2

Introduction to the international business environment

Introduction

International business

Barriers to international trade

International finance and trade

Key issues relating to globalisation of trade

Summary

References

Further reading

39

40

50

57

65

67

71

72

Unit 3

The political environment

Introduction

Political ideologies and business

North-South and East-West...