Global Governance Report

Added on - 21 Apr 2020

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Running head: GLOBAL GOVERNANCEGlobal GovernanceName of the StudentName of the InstituteAuthor Note
1GLOBAL GOVERNANCEExecutive SummaryThe report takes into account the aspect of global governance and connected the concept withbusiness world. Global Governance refers to a movement towards political cooperation betweenvarious actors across the world, mainly aimed to tackle responses to problems which affect morethan one state or region. In today’s generation, one of the most important things to consider forbusinesses, which are going global, is to comply with the rules, regulations and laws applicablein different countries abide by their directives. Governing things globally is regarded as aninternational process of coming to a common consensus which generates guidelines andagreements that has affect on national governments and international corporations. Businessesare increasingly becoming a global affair and the significance of governance has increasedmanifolds.
2GLOBAL GOVERNANCETable of Contents1.Introduction..............................................................................................................................32.Discussion................................................................................................................................32.1 What is Global Governance? How does it affect businesses?...............................................32.2 Role of Governance in Outsourcing......................................................................................62.3 Importance of Global Governance in the World of Business................................................73. Conclusion...................................................................................................................................94. Annotated Bibliography.............................................................................................................10
3GLOBAL GOVERNANCE1.IntroductionThe report looks to take into account how global governance plays a role in the world ofbusiness through ensuring political cooperation among transnational actors aimed for negotiatingresponses to problems which affect the smooth functioning of running a business in differentcountries across different regions. Global Governance mainly managed by institutions like TheUnited Nations, World Bank and The International Criminal Court. These institutions carry withthemselves the authority to enforce rules on compliance. In business world, the organizationalstyle and processes through which decisions are made about technologies and resources neededto carry out the activities in an effective and efficient manner is what governance tends toprovide. There are examples of different organizations where the importance of governance hasbeen highlighted through various situations and certain other organizations would be discussedthrough which a clear idea could be framed on, what impact does lack of governance has onorganizations. The report would conclude by highlighting the importance which globalgovernance has on the world of business and cite out the benefits which they help create onorganizations across different regions, so as to enable them to tackle tricky situations arisingfrom operating their businesses in the most appropriate manner.2.Discussion2.1 What is Global Governance? How does it affect businesses?Global Governance is a key concept in tackling global problems and the recognition ismore so in case of business world. The meaning of global governance stems from the fact thatthis is a phenomenon through which global affairs are managed. There is no such globalgovernment to govern the affairs which take place on a global level. Hence, the global
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