The Cosmopolitan Corporation

In this essay, I am going to discuss how practices of managing culture have been used to develop the management of Globalization in the post-bureaucratic era. Globalization has led to the increasing number of global business relationships, the emergence of new global work structures and work environments. To address this I will discuss Cultural globalization, the practices of Frederick Taylor (Carol Carlson Dean, (1997)) that have led to the social dominance, as corporations around the world have started to adopt these practices to increase bureaucracy for interest and welfare of the companies. Proceeding on to the second point on Global leaders in a heterogeneous vs. homogeneous world. Where (Rego, A., Clegg, S. & Cunha, M. 2011) describe the heterogeneous view “We live in an increasingly borderless world that is nonetheless still filled with linguistic, cultural, political, temporal, economic, and social borders." compared to (Osifo.S, Eromosele. O December 2011) who says that globalisation has allowed “Organizations have an innate tendency to develop homogeneity, in the sense of shared beliefs and shared values. And finally triple bottom line approach in multinationals. Where pressures from stakeholders, have given companies incentive to focus on triple bottom line (Carol M. Sánchez, Alexandra S. Schmid, 2013)

Nowadays, businesses must think big. It is not enough to be the best in the city or even the country. The goal should be to go global and take advantage of the opportunities offered by the phenomenon of globalization and be part of the “global market”. This is rather ambitious but some companies have stepped out their country’s borders and have gained global recognition.

Globalization of business has had a large impact on the field of management. Those seeking management roles in large, multinational corporations must have a different set of skills than in previous generations. In his article “Globalization on the Homefront”, Harold Torrence (n.d.) wrote, “As a direct result [of globalization], management teams are racing to develop the skills and competencies needed to comprehend and appreciate an onslaught of values, assumptions, beliefs and traditions that are fundamentally different from their own.”

The companies have become a key parameter, especially in the global economy. The size of global companies closely correlated with the decrease of vulnerabilities, with higher resistance to economic shocks occurred along the time and with their bigger chances of success in certain markets. Companies aim not only to optimize their size, but also to strengthen the global production networks, affording them a better competitive position, in a mighty competitive environment and under the pressure of quick development of the technological environment. The size of an organization has become a barrier that stops its entry into the sector, higher than profitability, which explains why some corporations have focused, in recent times, more on strengthening their position abroad, although their economic performance does not justify this endeavor. The process of economic globalization is both a resultant of the increasing activity of multinational organizations and a cause of their increasingly stronger internationally affirmation. However, global organizations activity is much more intense in the developed countries; their impact on the developing countries must not be neglected. Global organizations have a few main features that individualize them from all other forms of companies known so far:

The mankind is leaving in the era of changing. Whether we want or not, it is obviously that the present world is different compare with even 20 years ago. This world has become significantly connected and integrated. Globalization processes have affected all aspects of human’s life and a business has not been an exception. While these changes concern every person of the society it is still very important to obtain the knowledge which will remain him competitive and help him to be in trend. Even though the Globalization has some negative aspects for businesses, but it also gives such significant benefits as an opportunity to develop a business all over the world, changing and challenging the way of doing business through a new concept of management in a free world.

Globalisation has been defined as “the processes rendering the world as a whole as a single place” (Robertson, 1990, p.19). With three main developments included trade, foreign direct investment (FDI) and the international transfer of knowledge and technology, it promotes the increase of Multinational Corporation (MNC), especially in US, East and South-East Asian and Western European (Kleinert, 2011). MNCs can be seen as the dominators of world trade as a consequence of sufficient global resources and operations (Clegg et al. 2011). However, managers of such MNCs are required to have sophisticated control skills

Globalisation allows individuals, groups, corporations, and countries to reach around the world farther, faster, more deeply, and more cheaply than ever before. Most large local companies regard globalisation as opportunity, thereby exploring overseas markets for maximum market share and optimum business strategies. However, managers would face a series of challenges caused by leadership models, cultural backgrounds, political and economic risks, HR management, etc. To study multinational management skills is very useful for my future career. In this essay, I will set goals for this subject, identify the skills I have honed and need to improve, and explain my strategies for achieving goals.

It’s likely that the paper that this essay is printed on was produced in the Amazon forest, processed in a South American Factory and shipped on a German made ship to different countries. This is just one aspect of Globalisation. More globally globalisation reflects interconnectivity of markets, people and culture around the word. Today’s world is interconnected like never before, and corporations are trading, expanding, and employing across the continents. Multinational businesses are changing the way that the world works, having new and far-reaching impacts on their customers, business partners, geographical bases, and their suppliers – from established concerns to the independent farmer or craftsperson. The term globalisation is one that is used with ever increasing frequency as if it had a universally accepted meaning and definition. According to Modelski, globalisation is a historical process which is characterised by a growing engagement between peoples on all corners of the globe (Modelski, 2003, pp.55-59) The main aim of this essay is to explain the process of globalisation, and to critically analyse one business in which has been impacted by globalisation, I will be focusing on The Starbucks Company throughout this essay. The main case study which will be referred to throughout this essay is the worldwide brand Starbucks, which has become a global company as a result of globalisation. The essay will start by defining and explaining globalisation. It

In the recent years, the movement of the modern business are very much according to the globalisation of the world's economy, which resulted in the increasing amount of international businesses, global economic competition, and the difference/divergence within the organisations. Globalisation creates international business environment that requires businesses to be more competitive. And in order to be more active and competitive, companies have to be able to adapt themselves to the constant change, which can be driven by cultural diversity (Salas, Goodwin and Burke, 2009). In the future, the skill to

Over the last few decades there has been a substantial amount of attention being diverted towards born global firms who unlike ordinary firms, have defied the traditional stage wise process of internationalization. These firms have long puzzled researchers and challenged the basic perception of internationalization. As a result it has given way to a new field of research and aroused global interest in the emergence and success of these firms. This essay will go on explain why born global firms emerge, the factors that influence them and examples of born global firms in the real world. Uppsala’s theory of internationalization (Johanson & Vahlne, 1977 ) and Stephen Hymer’s Three Determinants theory are used to further analyze this essay.

In this assignment I will attempt to explore the concept that despite the spread and influence of the globalization of business and industries on our world’s economies and cultures, a large multinational firm is still influenced in a fundamental way by its home country’s institutions and culture. I will illustrate this discussion with an analysis of the strategies employed by the multinational energy company BP plc (formally British Petroleum).

The concept of ‘distance’ has been used to explain variations in international business strategies and operations across countries. The more distant a host country is from the organizational centre of a multinational enterprise (MNE), the more it has to manage cultural, regulatory and cognitive differences, and to develop appropriate entry strategies,organizational forms, and internal procedures to accommodate these difference.

The world offers significant business opportunities for every company, however, opportunities are accompanied by significant challenges for managers. Managing global operations across diverse cultures and markets represents a big challenge and opportunity for companies. To compete in the global market and be successful, companies must learn the strategies, policies, norms and technology necessary to conduct international business. The opportunities for global expansion are numerous, and attaining success is a matter of developing the right strategy to win local markets and its consumers.

The Rapid Change of International Business is international transactions that have substantial operations in more than one country. International exposure and experience allow companies to build a brand in other markets, cultures, and customs. The globalization of International Business are direct investments to export and import goods, foreign, domestic control and to advance competition with other companies. International business gives employees opportunities to broaden their horizons to consider learning the business from a foreign point of view through technology, cost, and political resources from a foreign point of view (Bethel, 2011).

INTRODUCTION: Enlarged competition and relaxed economic restrictions have given rise to the development of the force of globalisation, which subsequently have led to multinational companies and managers. In 2000, the global trade in exports and imports extended 25% of the world GDP (Govindrajan & Gupta 2000). The rise of globalisation speculates a number of imperative tests to business seeking international incidence, more notably, to these business’s global managers to successfully help achieve this presence. Numerous strategic facets must be measured prior to commitment at an international level, and afterwards. Continuous flexibility is essential in order to adapt to the fluctuating patterns at local, regional and international