I spent time researching what it is and the effects it has in developed countries and developing countries. Globalization is a very wide and a very important focus of discussion. Globalization is something that affects all of us, no matter what our profession or interest is. This report explores a range of interlinking questions, starting with what is globalization, what are the effects of globalization in developing countries and developed countries, this is in terms of positive and negative effects. Companies enjoy economies of scale in the business due to reduction of cost in the management. Managers within the global face a lot of challenges due to high competition in the industry, good decisions must be made in order to satisfy and maintain their customers and attract more customers for their products. This attracts more people to engage in international business and international trade. This is due to the advancement in technology, transport, communication, education, and regulations of trade that makes trade fair to all parties. Globalization makes business management easier and efficient for the company.īased on my research, Globalization simplifies business management in the world. This includes foreign investments whereby a company expands its business and invest in foreign countries. Globalization on business management is interconnection of international markets and managing businesses in a global industry. Globalization in short, points to the whole effort towards making the world global community as a one village. “Order a custom Paper on Similar Assignment at ! No Plagiarism! Enjoy 20% Discount!”īusiness management is the act of getting people together to accomplish desired goals and objectives.EFFECTS OF GLOBALIZATION ON BUSINESS MANAGEMENT IN DEVELOPING COUNTRIES.EFFECTS OF GLOBALIZATION ON BUSINESS MANAGEMENT IN DEVELOPED COUNTRIES.
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