Globalization Change on Management
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You are a manager in a large, global manufacturing and services organization. You're trying to explain to your grandfather how different your job is from his. You both know how society has changed and and you want to explain how that has changed management. Discuss your thoughts on how management has changed with respect to globalization.
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This solution discusses how management has changed with respect to globalization in 382 words.
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The increasing degree of globalization in today's business world, where more and more companies are exploring international territories and setting up offshore operations to obtain competitive and comparative advantage, has a manifold impact on today's modern management practices and has radically transformed the way managers conduct their activities.
In today's competitive and global business environment, managers have become much more proactive and innovative as compared to traditional managers in order to quickly adapt and respond to changing market dynamics. Globalization has led to increased competition between companies worldwide, ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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