Thursday, May 2, 2019
Impact of Globalisation on the Cultural Environment of Business Essay
Impact of world(a)ization on the Cultural Environment of Business - Essay ExampleIt involves distribution of the services and the goods in the global marketplace. Globalisation also reduces the trade barriers such as, import quotas, tariffs and export fees among others. Globalisation includes the transfer of required skills, knowledge, methodological analysis and labour. Globalisation creates a significant impingement on the business environment of every economy. The impact of globalization can be either positive or negative. Globalisation speci on the wholey puts its impact on the finale of an organisation. The positive impacts can be termed as change magnitude employment while the negative impact of globalization on businesses can be identified as fierce monopolistic contention. It also inspection and repairs to share the technical foul know-how, the spread of market-gardening and education and the ethical-legal resultants. Globalisation also raises various challenges for an organisation such as increased rate of operational costs, the increased rate of slavery and child labour, increased rate of terrorism all over the world. Globalisation has significantly influenced the famous multinational company of US, Microsoft. A publication report of Oxford University squeeze has stated that, the events in one corner of the globe can have a major impact on others, sometimes good, sometimes bad (Oxford University Press, 2011). Microsoft, the famous multinational company of United States of America is set-aside(p) with providing Information Technology based services to global consumers. It also possesses patent rights for manufacturing various kinds of computing products with the help of multiple divisions of production scatted all around the world. Microsoft deals in the division of the online search engines services such as Bing, Skype and also in the interactive entertainment business segment. Microsoft also serves their customers with Microsoft business solu tions, Windows phone division, Windows & Windows remain division and Microsoft office division among others (Oxford University Press, 2011). The major objective of the study is to highlight the impact of globalisation on the cultural environment of the business in the USA. The paper would involve the renowned multinational company, Microsoft to analyse and to approximate the various theories and factors of the impact of globalisation on the business culture. The study would also involve a decisiveness for the overall discussion. Findings Theoretical Framework of the Analysis Globalisation is one of the most important and popular trends in business at present times. Globalisation involves the process of sharing of knowledge, skills, education, labour, economy and social-political environment. There are authoritative positive and negative effects of globalisation in every organisation which are globally connected. The culture of a business considers the personal traits, different languages, races, religions among others in their approach to globalised business. The various positive effects of globalisation consist of factors like increased competition. These factors influence the companies to perform better and to produce quality goods due to the competition among them. These factors also focus on the satisfaction of the customers and to produce improved services and goods quality. The other positive effect of globalisation is in relation to employment. Due to the globalisation the companies are trying to be more in effect(p) and goal oriented with effective skills, labour, and improved potential. According to Wright, more demanding skills are needed, especially with the growth in the need for so-called knowledge workers
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.