Sunday, October 6, 2019
Organizational Behavior Essay Example | Topics and Well Written Essays - 500 words - 13
Organizational Behavior - Essay Example Globalization to organizations has many constructive and dynamic features related to improved market access, increased capital as well as better access to technology and information that leads to greater income and employment opportunities. Globalization to organizations presents an opportunity for free trade and the resulting effects of global economy, with free trade leading to increased financial flows. Globalization creates transnational regulatory frameworks, which ensures that organization have the opportunity of tapping into the full potential of global networks because the networks are responsible for the welfare of both nations and the global community. Sharing resources between organizations in a global stage both formally and informally through cooperation and collaboration result in benefits that go beyond what an individual organization can accomplish on its own. Recent advances in technology facilitate intra and inter-organizational communications that are coupled with increased recognition of such organizations in the global society. Through globalization, organizations are faced with the opportunity of increasingly accessing diverse products, services and even technology. Through pooling of knowledge and exchanging more goods as well as services increases domestic economies and offers organizations an opportunity to benefit from technological developments. A combination of these opportunities to organizations means that organization have the opportunity of increasing their volume sales since there is increased growth rate of GDP as well as the empowerment of people through acquisition of additional resources and capital (Monsod, 2000). Globalization offers a complex and interwoven puzzle for organizations since product development needs to go hand-in-hand with supply chain management in individual nations. Moreover, global environment is not always
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