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(PDF) International Management - Assignment

   

Added on  2020-11-12

11 Pages3031 Words345 Views
InternationalManagement

Executive SummaryPeople today live in an era of digitalisation which reflects that everything in today'sworld is connected via internet and people across the world have access to internet every time.Also, as information and technology continue to assist companies by bringing changes rapidly, itbecomes easier for organisations in the digitalise world to build interaction. Also, informationand communication technology largely provide the resources for individuals and groups fromdifferent parts of the world to collaborate and work effectively removing the barriers of culturaland geographical diversities. Connecting with people from various cultural and nationalbackgrounds has become very popular in today's world and this has given rise to thephenomenon called Global Virtual Teams (GVTs). This report is based upon General Motorswhich is an American multinational corporation that manufactures, designs and distributesvehicles and its parts across different parts of the world. This company largely realise theconcept of Global virtual teams as a means of building networking with people across the globe,lowering the cost of global collaboration and enabling efficiency of operations within theorganisation. Company execute this concept by developing effective leaders that can ensuretimely and efficient implementation of these teams.

Table of ContentsExecutive Summary.........................................................................................................................2INTRODUCTION...........................................................................................................................1TASK 2............................................................................................................................................1Concept of Global Virtual Teams...........................................................................................1Role of culture in international business................................................................................2Key organisational and national cultural characteristics........................................................3Challenge and opportunity of managing a diverse global workforce.....................................4Factors that contribute to the notion of a globalised economy...............................................5Training required by global workforce...................................................................................6CONCLUSIONS..............................................................................................................................6REFERENCES................................................................................................................................7

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