Negotiating contract with an offshore supplier is tough. McMillan LLP referred to it as “outsourcing” or transferring a business activity or function from a client/customer to a local or international third party supplier or service provider” (2016, p. 1).
This is a common practice now in the operations of business companies since the global economy has facilitated the transfer of goods and services even across national borders.
Many companies nowadays turn to outsourcing in order to compete more effectively in the global market. This is because Continue reading “Negotiating Contract with an Offshore Supplier (SAMPLE GLOBALIZATION ESSAY)”
We are in the most dynamic of times because the global economic and political systems are vastly changing (Gilpin & Gilpin, 2000, p. 1). As the critics have said, the world, as led by the United States of America, has entered “the Second Great Age of Global Capitalism” (2000, p. 1).
Hence, we have already established a global market that is hailed as a purveyor of an international or global economy. This global market is said to bring greater interdependence amongst nations.
It paves for world peace as the global market. The is because it is considered a bridge between the rich and the poor countries.
As everyone assumes a cohesive and unified global economy, this is not always the true case of a market economy.
The significance of this unified economies can be assessed by the overall development of the nations of the world.
In the aspect of world peace, so much can be said about the impacts of global trading in the social development of the nations.
This paper attempts to explore the negative concerns on the statement that “establishing a global market is the pathway to world peace.” Continue reading “Global Market and World Peace (SAMPLE GLOBALIZATION ESSAY)”
The 21st century appears to be marked by the effacement of the east and west. Technology has transcended many aspects of human lives that geographic distance among countries no longer matters.
The internet and media have been instrumental in bridging relationships among people of all nations. Its reach and accessibility have crossed borders and have more closely and independently influenced people.
These communication technologies have expanded and accelerated global connectivity (Tomlinson, 2007, p. 352). Also, international travel has made possible the connections among countries and has facilitated social, cultural, economic and political influences.
Faster and more efficient modes of transportation have provided opportunities for increased exchanges among countries.
Towards increased globalization, interconnections and interdependencies have quickly developed and have become deep as these have become the way of life in the modern world (Tomlinson, 2007, p. 352).
This paper provides the various ways in which the cultural, economic and political factors are interrelated across the world. Continue reading “GLOBALIZATION COLLEGE ESSAY: Globalization: The interrelatedness of cultural, economic and political factors across the world”
The backbone of any good business is reflected in the way a manager handles the various roles in an organization.
The toll that a manager would receive in this regard is that there are also consequences to the daily management of a business as it critically requires a manager to fulfill tasks essential to running a successful business.
Some of these tasks include being the “leader, negotiator, figurehead, liaison, and communicator” (The role of the manager in an evolving organization, 2016).
These roles are made even more complicated by the fact that contemporary managers are no longer confined singularly to local business management but work in multi-national companies which consequently implicate the social and economic circumstances for them on top of dealing with the global dynamics and neglecting social issues.
This paper focuses on this subject and examines these consequences and circumstances. Continue reading “Manager’s Consequences in the Global and Local Context (GLOBALIZATION COLLEGE ESSAY)”
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 adjust themselves to meet the demands of the businesses and consumers in both local and international aspects.
To this point, it can be seen that global managers need to be especially skilled in examining and analyzing market trends so that they can devise strategies to enhance profit potentials for businesses in the international.
The danger posed by this responsibility points to ethics. So the question of whether global managers should be ethical practitioners Continue reading “Global Managers and Ethics (SAMPLE GLOBALIZATION ESSAY)”