Managing Across Borders: Impacts of Globalisation, Knowledge for International Managers, and Contribution of Outsourcing and Off-shoring

Running head: MANAGING ACROSS BORDERS
Managing Across Borders
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1MANAGING ACROSS BORDERS

2MANAGING ACROSS BORDERS
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................4
Impacts of globalisation in the business world............................................................................4
Knowledge that international managers must possess to stay ahead of the game.......................6
Contribution of outsourcing and off-shoring to globalisation.....................................................8
Conclusion.....................................................................................................................................10
References:....................................................................................................................................12

3MANAGING ACROSS BORDERS
Introduction
The phenomenon of globalisation is considered to be the primary force that shaped the
contemporary world through influencing the business and the society. In the business
environment, the process of globalisation influenced near about everything. Globalisation in
business context refers to the integration of the strategies, operations and the processes of a
company into the variety of products, services and ideas (Boyden, 2015). Every consumer and
the sippliers including the corporation all over the globe are linked with each other though means
of materials, capital flows and information since the global production has become highly
distributed and dispersed around different countries. The origin of globalisation is considered to
be in the modern period by many researchers and scholars. However, there are also scholars who
argued against this belief stating that this process has a long history describing the incidents of
trade links in between the Indus Valley Civilisation and Sumerian Civilisation. Globalisation is
considered to be triggered by the present period where maximum of the innovation and
development took place in the fields of business connectivity with the other parts of the world
with a rapid pace (Karlsson, Cornett & Wallin, 2018). This has resulted in the growth of sharing
of the ideas, tradition and culture among different countries. Also, there is a great increase in the
emergence of trade links among different nations which further influenced the national and
international economies. This paper is going to elaborate on the identification of impacts of
globalisation in current business world and on the knowledge of globalisation which
international managers are supposed to possess to stay ahead of the game. Furthermore, the paper
would also focus on the identification of the way the practise of outsourcing and off shoring are