A multi-level model of global decision-making: Developing a composite global frame-of-reference

Michael Harvey, David Griffith, Tim Kiessling and Miriam Moeller

Journal of World Business, 2011, vol. 46, issue 2, 177-184

Abstract: As organizations globalize their operations, managers are finding that making decisions in a global context is more complex. This research develops a multi-level model that examines the influence of group, organizational and society points of reference on managerial decision-making. Reference Point Theory (RPT) is employed as a foundation for a multi-level global decision-making process. The basic premise of RPT is that global managers need to match global environmental conditions with certain reference points. Yet the more dynamic the environment, the greater the risk associated with misinterpreting the appropriate reference points for making global decisions.

Keywords: Globalization; Global; decision-making; Reference; Point; Theory; Multiple; decision; points; Externalities (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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