This paper explores the challenges and principles adopted to deal with an initial negotiation between a manager/owner of a business and a third party supplier from overseas. This paper also illustrates how this crucial arrangement could be rendered with great professionalism and smartness. Lastly, it proposes principles and guides to a more productive venture in outsourcing abroad.
This paper attempts to explore the negative concerns on the statement that “establishing a global market is the pathway to world peace.” It tries to show that this statement is not necessarily true since there are many illustrations which prove the opposite. Hence, this paper will initially show the unifying global forces in the establishment of world peace. Then, it shall present the devastating effects of the global markets that actually threaten world peace and instigate nations to take a protectionist stance towards their national growth and development.
This paper provides the various ways in which the cultural, economic and political factors are interrelated across the world and how this interrelatedness has affected globalization.
This paper discusses the roles that managers face including the complications it entails especially in the contemporary period when they handle both local and global fields. Specifically, this paper will tackle the social and economical consequences of being a manager in the modern days.
This article would utilize the comparison of how consumerism works within the context of two distinctly different cultures. This is done to see how much of commercialism prevails in both countries and how this level of consumerism affects the nation’s culture through the behavior and attitudes of its people.
This article discusses how linguistic diversity in the workplace can be dealt with to ensure unity amidst differences. The author suggests identifying strengths, organizing team buildings, and measuring performance,, among others, that would make a diverse organization unified.
Definition of motivation What is motivation? Authors offered various definitions. Robbins and Judge (2013) looked at motivation as “the processes that account for an individual’s intensity, direction, and persistence of effort toward attaining a goal” (p. 202). Luthans (2011) considered it as “a process that starts with a physiological or psychological deficiency or needs that…
The responsibility of global managers Global managers have a huge responsibility to take on. With the ever-changing growth, development and needs dictated by the global community, businesses, and markets all over the world will have to adapt. However, these are not confined only to businesses per se. People within and outside different organizations have to…
Globalization has altered the conduct of trade among businesses. It paved the way for the rapid expansion of different industries from one country to another and enabled breakthroughs regarding scientific and technological development. It also enables people to be aware of the latest products and services worldwide (Ibrahim, n.d.). While this concept of trade…
Introduction Globalization started in ancient antiquity, with the advent of increased use of the wheel inland transportation and ships in overseas exploration and trading. Globalization in modern times grew about the significant improvement in communications such as satellites and the internet, and modes of transportation such as bulk shipping containers and cargo airplanes. “By the…