Assignment on Global business | Report

Running head: GLOBAL BUSINESS
GLOBAL BUSINESS
Name of the Student:
Name of the University:
Author Note:

GLOBAL BUSINESS1
The aim of this paper is to discuss the position I belong currently and where I aim to
reach in the future. I am currently pursuing the management courses in a reputed university
and trying to push my limits to align my strengths with the opportunities given by this
particular course. I aim to belong to be in the management position in a renowned
international company. As I possess all the necessary skills and capabilities in order to serve
any type of manufacturing company in the manufacturing industry of the world. Now with
this knowledge of managing people effectively I can serve all my responsibilities but need
more scope to practice in hand. The managers who take responsibilities to manage people
from multicultural places have both the academics knowledge of the factors affecting this
type of business scenario. From the course I have found out that the managers are the persons
who stand out in the crowd by the virtue of their leadership styles and unique features. They
possess excellent communication style and decision making capabilities (Drucker, 2005).
Globalization is in the business trends therefore more business organizations are
trying to enter the international business through operating in the most affluent markets of the
world. To be an outstanding manager in the multicultural environment, there are various
factors that need to be incorporated in my features. These are the exceptional talents like in
depth understanding of the needs of a multicultural organisation and strategize accordingly to
meet those needs. According to the theory of cultural dimensions by Hofstede, the national
culture of a country directly relates to the culture of the organizations as many of the local
employees take part in the workplace as well as the local suppliers. The more the company
enters into different markets the more multicultural the organisation becomes.
In order to manage this type of organisations in an effective way, it is mandatory that
the managers need to have efficiency and skills meeting all the needs of the stakeholders like
the employees, customers, shareholders, communities, supplier, the governments of the
markets and other people associated with the business. In order to reduce the chances of