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HI6005 Management & Organisations In Global Environment

   

Added on  2020-02-24

10 Pages1737 Words141 Views
Running head: MANAGEMENT AND ORGANIZATIONS IN A GLOBAL ENVIRONMENTManagement and Organizations in Global Environment Student NameUniversity nameAuthor Name

MANAGEMENT AND ORGANIZATIONS IN A GLOBAL ENVIRONMENTGlobalisationAccording to Thomas Friedman the world has experienced three different eras. The first era ofglobalization happened when countries colonized other countries. For example British colonizedIndia or Germans colonized many European countries. The multinational organizations initiatedthe second era of the globalisation. The digital revolution brought the third where theglobalization is focused on individuals. Activity 1Question1 The following are the disadvantages of the third era:The business will focus more on the cost effective based production so many countries willexperience increased unemployment. Though all the nations are connected through the globalization, the cultural conflicts will rise aswell. Every nation, culture or organization does not possess enough knowledge about othercultures which will cause the conflicts. The cultural conflicts will have negative impact on thebusinesses.Question 2.According to Friedman because of the internet revolution the world is flat; however one needs toinvestigate more before approving it completely. It cannot be denied the definition is more

MANAGEMENT AND ORGANIZATIONS IN A GLOBAL ENVIRONMENTappropriate for the developed world. There are many parts of the world where the people do nothave internet access. The cultural, social or ethical value of individual is different whichprevents the world to be entirely flat. In Friedman’s discussion internet is the main decidingfactor but it should not be, as there are many other factors other than the internet which should beconsidered. Question 3The internet has limited the world to common space where the interactions among individualsare increasing. However it cannot be concluded that just because of this every individual isglobalised. This has opened up possibilities for the multi nation al companies to business allover the world. They see more destinations where the business can expand but to achieve theindividual globalization they have to go a long way. Activity 2Ghemawat explained in his book “World 3.0” the world is far from becoming individuallyglobalised. Ghemawat has contradicted Friedman by saying that the sudden change the internetbrought over influenced him and the theory and conclusion he proposed lack adequate scientificdata. He believed that the large investment, communication and immigration have beenimproved because of the globalization but there are many gaps that still exist.

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