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

Management in Context - Essay Example

Cite this document
Summary
Globalization can be a powerful and dynamic force for growth and development. If it is properly managed, the foundations for enduring and equitable growth at the international level can be laid. For that, it is essential to persevere in the search for consensual solutions through open and direct dialogue that takes account of the fundamental interests of all" (UNCTAD, 2000)
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
Management in Context
Read Text Preview

Extract of sample "Management in Context"

Download file to see previous pages

MFP's typically relate to low rates of inflation ,prudent government spending, high rates of investment and a healthy trend of market liberalisation. The Post World War II approach of the BWI's was based upon a much smaller role for the state following the era of the large-scale globalisation (so characteristic of the post cold war years) This was largely a response to the state controlled economy' of the USSR which turned out to be an economic and political disaster. Globalization is a term which has been used to describe and explain many different phenomena like greater economic integration across national borders.

The concept is supported by those who agree with its trade and economic benefits yet those who criticise it believe that those who perceive it as a threat to social cohesion and an invasion of the "capitalist evils of the west" thus undermining state welfare.As at today the term denotes a kaleidoscopic image, a great variety of tendencies and trends in the economic, social and cultural spheres. In brief it can be used to described from an economic and developmental point of view as ,"increasing and intensified flows between countries of goods, services, capital, ideas, information and people, which produce cross-border integration of a number of economic, social and cultural activities.

It creates both opportunities and costs and for this reason it should not be demonized nor sanctified, nor should it be used as a scapegoat for the major problems that are affecting the world today. (Williamson, 2002 cited in Cooper 2005 pg 15) In the light of the above there has been a rapid growth in the Multinational Corporations trying to reap the benefits of Foreign Direct Investment with in foreign legions where the costs of labour etc are far less.This has also been enhanced by the role of the modern state in economic intergration and the elaboration and adoption of market-oriented policies and regulations,internationally and locally.

During the 1980s this integration intensified and there was an increase in "financial sector deregulation, the removal of controls over foreign exchange and enhanced freedom of trade. Financial deregulation has resulted in the progressive elimination of capital controls, the removal of controls over interest rates, and the lifting of traditional barriers to entry into banking and other financial services"( Vincent, 1995) Academics have expressed a lot of scepticism over the fact whether Globalisation of Investments and the growth of MNCs (Multinational Corporations) has been meaningful to the contribution to domestic growth .

According to Froot (1993) Globalisation does not actually require neither capital flows nor investment in capacity but is a mere extension of corporate control over international boundaries: Therefore the recent ability of Globalisation to

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management in Context Essay Example | Topics and Well Written Essays - 4250 words”, n.d.)
Management in Context Essay Example | Topics and Well Written Essays - 4250 words. Retrieved from https://studentshare.org/miscellaneous/1509527-management-in-context
(Management in Context Essay Example | Topics and Well Written Essays - 4250 Words)
Management in Context Essay Example | Topics and Well Written Essays - 4250 Words. https://studentshare.org/miscellaneous/1509527-management-in-context.
“Management in Context Essay Example | Topics and Well Written Essays - 4250 Words”, n.d. https://studentshare.org/miscellaneous/1509527-management-in-context.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management in Context

Forecasting and Business Analysis

Forecasting sales turnover is an important part of business operations.... Forecasts can be helpful in predicting the market behavior and the targets of the business over time (Kotler, Brown, Adam, & Armstrong, 2007).... This paper illustrates a means of forecasting analysis using regression of a given dataset....
4 Pages (1000 words) Research Paper

Process Improvement Plan

Process improvement is focused on the work procedures in order to make the products or services better.... Process is defined as a sequence of steps performed for a given purpose.... It is a set of activities, methods, practices and transformations that people use to develop a product or provide a service....
4 Pages (1000 words) Essay

Corus Group: Business Process and Operations

Operations management involves not just the manufacturing side but also the other… Effective operations management includes principles of quality, lean production, just-in-time, continuous improvement and so on. This paper examines the operations management principles that are reflected in an organisation, Corus Group....
11 Pages (2750 words) Essay

Quality at Gillette Argentina

They implemented Total… The implementation needed a complete effort from not only the top management but also the entire hierarchy of organization.... TQM (Total Quality management) is a process for continuous improvement.... The economic condition in Argentina forced Gillette to look for alternative and better ways in managing their resources more profitably....
11 Pages (2750 words) Research Paper

Relationship between Organizational Compensation and Organization Performances

Reward Management in Context.... The performance appraisal as well as merit plan research and also practice designate that planned failure or success is considerably influenced by context inside which they are entrenched.... Research on the performance appraisal at present covers a broader place of organizational… Research on compensation now demands the significance of viewing pay and pay for performance plans in the context of an organizations personnel system, its managerial Relationship between Organizational Compensation and Organization Performances Table of Contents Table of Contents 2 Introduction 3 Objectives 3 Literature Review 4Research Methodology 4Statement of Findings & Analysis 5Discussion of Findings & Analysis 5Recommendation 5Conclusion 6Bibliography 7Introduction The performance appraisal as well as merit plan research and also practice designate that planned failure or success is considerably influenced by context inside which they are entrenched....
2 Pages (500 words) Research Proposal

Labour Regulation in the 21st Century

The author of the current paper "Labour Regulation in the 21st Century" underlines that a human resource department is a functional unit within an organization that is responsible for ensuring the organization has a competent workforce in the right numbers.... nbsp;… The success of every organization is determined by the nature of its manpower in terms of quality and quantity (Farnham, 2010, p....
4 Pages (1000 words) Research Paper

The Role of the Information Security Officer

This can be very dangerous in context of organization in which the task of department organization depends upon the information coming from some other department for instance supply chain system in which shipment or delivery of a particular order (task of shipping department) to a customer depends upon the information coming from billing department  (Williams, 2007; Pesante, 2008)....
12 Pages (3000 words) Dissertation
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