Relevancy of Taylorism and Globalization in Modern Business
VerifiedAI Summary
This report discussed about the relevancy of taylorism in the modern day business. It is concluded that this concept is still relevant in the current time and there are number of areas where this concept is beneficial for long term advantages. This report also discussed about the theory of flat world by Friedman. It is concluded that iron rule of globalization is effective in the current time but the concept of globalization is not uniform across the world. It is also identified in this report that impacts of globalization are also different in different regions.