Explain what the external environment is and why it is important. Describe globalization and discuss how it affects organizations. Define what organizational culture is and explain why it is important. Explain how the environment affects managers. Describe the components of the specific and general environments. Contrast multinational corporations, multidomestic corporations, global companies, and transnational, or borderless organizations. How is an organization's culture formed and sustained? Is organizational culture an asset or a liability? Explain. Compare the advantages and disadvantages of the various approaches to going global. What challenges might confront a Mexican manager transferred to Canada to manage a manufacturing plant in Winnipeg? Will these be the same for a Canadian manager transferred to Guadalajara, Mexico? Explain