Management and Organization in Global Environment

MANAGEMENT AND
ORGANIZATION IN GLOBAL
ENVIRONMENT

INTRODUCTION
 In international trade, one of the significant obstructions are the
three barriers which hinder the overall economic efficiency.
 . Almost all the trade barriers work on a single underlying
principle, which is the imposition of some thought of monetary
expense on trading and thereby hiking in the price of the related
trade product.
 The theory of comparative advantage can be utilised to explain
this phenomenon. In terms of theory, aspect of free trade can be
expressed as the activity of removing all major trade barriers
except those significant barriers which are important for
ensuring health as well as national security.
 In practice, no significant exercising of the theoretical
understatement is evident. Rather, as observed by Giudici and
Rolbina (2018), even those countries free trade also impose
subsidies on several industry specific products like agriculture
and steel.

GHEMAWAT’S VIEW OF GLOBALISATION IN WORLD 3.0
 As highlighted by Ghemawat (2011), based on the
popular perceptions about globalisation, it can be
inferred that the world is becoming more
connected as well as independent
 In support of this opinion, as the author suggest,
most of the recipients talked about the flattening
of the world and the death of distances as well as
disappearance of differences between countries.
Majority of them considered these factors to be
the significant agents of global thinking.

CONTINUED...
 As it is evident in this chart,
the real level of globalisation
related to telephone calls,
University enrolment, long term
migration investment overstock
as well as trade as a portion of
GDP can be perceived at the
blue bars resembling the data
presented above.