StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Contemporary issues in management - Essay Example

Cite this document
Summary
Globalisation can be described as the process through which the world is increasingly becoming interconnected due to massive increasing trade as well as cultural exchange. Thus globalisation has led to a growing production of services and goods. This therefore implies that the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
Contemporary issues in management
Read Text Preview

Extract of sample "Contemporary issues in management"

Download file to see previous pages

Thus developments in telecommunications and transportation infrastructure comprising the emergence of the telegraph together with its posterity and recently the rise of the internet are key aspects of globalization, producing more interdependence of cultural and economic activities (Ritzer, 2011). According to scholars, globalisation can be traced long before the European advent in voyages and discovery of New World. There are even those that trace its origins to the 3rd millennium BCE Nevertheless, the cultures and economies of the world grew very fast as the 19th century came to an end and 20th century began.

The phrase globalisation has been used increasingly since 1980s and particularly in the mid-1990s.Thus the International Monetary Fund (IMF) in 2000 identified 4 primary features of globalisation; transactions, trade, investment and capital movements, movement and migration of people as well as the distribution of knowledge. Moreover, environmental challenges like cross-boundary air pollution and water, over-fishing and climate change are all associated with globalisation. Various globalisation processes are affected and do affect business as well as work organization, socio-cultural resources, economics together with natural environment.

Globalisation has also stimulated innovation. Thus American companies can for instance transfer technology to countries such as China. Thus, Apple’s iPad and iPhones were all prototyped and designed in California but their production is done in China. Thus China’s manufacturing competition is progressively more taking low-skill production while at the same time nurturing highly skilled innovations and inventions (Jones, 2010). In addition, around 15% of technological transformation in Europe previously can be directly accredited to Chinese imports competition, a yearly benefit of nearly 10 billion Euros to European economies.

Thus, companies have reacted to China’s imports threat by adopting

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Contemporary issues in management Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Contemporary issues in management Essay Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/management/1682544-contemporary-issues-in-management
(Contemporary Issues in Management Essay Example | Topics and Well Written Essays - 2000 Words)
Contemporary Issues in Management Essay Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/management/1682544-contemporary-issues-in-management.
“Contemporary Issues in Management Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/management/1682544-contemporary-issues-in-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Contemporary issues in management

Livecos Case Study

I am student at University of Westminster and as part of my degree programme, “managing change: a human resource management approach” is part of my study module.... hellip; The basis for me writing to you is due to particular issues at Liveco regarding merging information management and human resource.... The strategy by madam Isolda has led to several effects that are felt by departments, human resource and information management.... It has been a blame game with the human resource complaining about the information management being so critical and the latter complaining of the former being so much....
10 Pages (2500 words) Essay

The Importance of Maintaining High Levels of Job Satisfaction for Increasing the Performance Level

The author states that there exists a link between job satisfaction and the eventually improved job performance of a company's employees, however, more research needs to be conducted into this “holy grail” of organizational research so as to establish results that will be universally agreed upon....
8 Pages (2000 words) Assignment

Knowledge Assessment

hellip; It is expected that, answering such questions will definitely help the researcher to understand contemporary issues in management and increase knowledge of the researcher in comprehensive manner.... Knowledge Assessment Name of the Student: Name of Professor: Course: Date: Introduction In this paper, the researcher will try to answer five questions which related to varied dimensions of management....
10 Pages (2500 words) Essay

Leadership and Service Improvement

Therefore I intend to address this issue and offer a better approach to the leadership and management of the ward.... Title Due date Leadership and service improvement Nursing, as many people may fail to realize is a hectic job much as it is very helpful and productive.... Nurses usually have to put in long working hours every day and this can be very tiresome and therefore draining....
12 Pages (3000 words) Essay

The Perspective and Emergent Approaches to Strategic Management

The present report “The Perspective and Emergent Approaches to Strategic management” is an attempt to analyze the different views of researchers on strategic planning and its associated factors.... Present day management researchers added another agent to the above-mentioned ingredients of strategy making.... Strategies are developed by the management with the support of logical approach, analytical activities, and experiences.... Present day management researchers added another agent to the above-mentioned ingredients of strategy making, i....
10 Pages (2500 words) Essay

Social Responsibility of a Business

A similar statement was made by Archie Carroll.... According to Carroll (1973), “Social responsibility of a business has at least four dimensions: an economic dimension, a legal dimension, an… Under the economic dimension it is emphasised that a business organisation is the agent for creating wealth....
8 Pages (2000 words) Essay

Competitive advantage

The present essay entitled "Competitive advantage" deals with the organizations that aim at devising and implementing numerous strategies in order to gain a competitive advantage in their line of operations.... nbsp;Some of these strategies involve an integration of their operations.... hellip; In so doing the organization tries to look into the costs it incurs in the whole production process and the amount of control it has over each and every process....
6 Pages (1500 words) Essay

My Education And Career

 The writer of this essay discusses since he was a young child, he planned to do he pursue higher education in the discipline of business management.... hellip;  LJMU gives a rough timeline of completion of the BA Hons Degree in Business management as three years, while CU also gives a similar time frame for degree completion.... tudying business management would not only allow me to understand various theories that underpin how businesses are managed, but would also allow me to learn from real life experiences of people, that I could later use to my help when I start my career....
6 Pages (1500 words) Admission/Application Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us