Impact of Globalization on Organizations & Countries Flashcards

Impact of Globalization on Organizations & Countries Flashcards
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International Managers: Unique Challenges

These managers have to adjust to differing holiday schedules, employees from feuding nations, communication variations and a challenge related to gender issues.

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Migrant Workers

Individuals who move from place to place, working at different agricultural jobs depending on the season. These individuals are at high risk for exploitation.

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Labor Unions: Downsides

These organizations have been negatively connected to politics and sometimes to criminal activities. They may also foster corruption.

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Free Trade Agreements

These allow countries to agree to trade with one another without restrictions.

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Globalization: Benefits

As this process grows, it brings with it lower prices and higher amounts of trade, along with more advanced understanding between different cultures.

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Pollution

Contaminants that can be found in land, air or water. Because we all live together, these pollutants can spread across the globe, impacting people who live far from the original source.

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Globalization: Effect on the Environment

This process may negatively affect areas of the environment that are not developed. These areas may suffer deforestation, pollution and the aftereffects of mining.

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Wealth Fluctuation

A shift between wealth and poverty in a country. This can be caused by global influences on supply and demand.

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Globalization: Effect on Economic Inequality

This process can lead to increased exploitation of workers, including children. It may also lower the amount of money people earn for their labor.

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The Montreal Protocol

This guideline was put in place in 1987 in an attempt to lower how many chlorofluorocarbons were released into the atmosphere.

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Environmental Policies

These regulations are designed to control how humans treat the world around them. Because this goes beyond national lines, it requires people from around the globe to cooperate.

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23 cards in set

Flashcard Content Overview

You can work with these flashcards to review how globalization impacts small and large businesses. You'll also be able to focus on aspects of national culture. The benefits and drawbacks of globalization on economic inequality and the environment will also be addressed. Additionally, challenges associated with managing international companies are covered by this set.

Front
Back
Environmental Policies

These regulations are designed to control how humans treat the world around them. Because this goes beyond national lines, it requires people from around the globe to cooperate.

The Montreal Protocol

This guideline was put in place in 1987 in an attempt to lower how many chlorofluorocarbons were released into the atmosphere.

Globalization: Effect on Economic Inequality

This process can lead to increased exploitation of workers, including children. It may also lower the amount of money people earn for their labor.

Wealth Fluctuation

A shift between wealth and poverty in a country. This can be caused by global influences on supply and demand.

Globalization: Effect on the Environment

This process may negatively affect areas of the environment that are not developed. These areas may suffer deforestation, pollution and the aftereffects of mining.

Pollution

Contaminants that can be found in land, air or water. Because we all live together, these pollutants can spread across the globe, impacting people who live far from the original source.

Globalization: Benefits

As this process grows, it brings with it lower prices and higher amounts of trade, along with more advanced understanding between different cultures.

Free Trade Agreements

These allow countries to agree to trade with one another without restrictions.

Labor Unions: Downsides

These organizations have been negatively connected to politics and sometimes to criminal activities. They may also foster corruption.

Migrant Workers

Individuals who move from place to place, working at different agricultural jobs depending on the season. These individuals are at high risk for exploitation.

International Managers: Unique Challenges

These managers have to adjust to differing holiday schedules, employees from feuding nations, communication variations and a challenge related to gender issues.

Global Diversity

Differences in people that are brought to the forefront by the process of globalization. These differences create difficulties for employees in global companies.

National Culture: Power Distance

This refers to how a culture distributes power and what this distribution must be like to be seen as unequal. This can be impacted by the size of the middle class.

National Culture: Individualism vs Collectivism

This determines if a culture values team work or personal accomplishment. The U.S. values individual work, making it difficult for countries that don't to work with them.

National Culture: Uncertainty Avoidance

We look at this when determining how well cultures handle ambiguity.

National Culture: Long-Term vs Short-Term Orientation

You consider this aspect of a country when assessing if its people value immediate solutions or those that take place after a lengthy period of time.

Organizational Structure

This refers to the way a company's departments are connected in order to reach goals. Embracing globalization will change this.

Globalization: Small Business

This kind of business is typically flexible and able to adapt quickly to the global market. Utilizing the internet makes these businesses even more competitive.

Globalization: Large Businesses

These businesses have lots of resources that support them in the global market. They usually have better market research and are able to take greater risks than other businesses.

Task Environment

This environment influences the way a company finishes tasks when they buy, sell or transport services and products. Companies operate in this.

Global Environment

Interactions accomplished on an international scale that affect a business's operation make up this environment. Companies cannot directly control this environment.

General Environment

This is the wide-reaching environment where a company works. It encompasses the politics, culture, location and technology that surround the company.

Planning Strategy

Businesses use this when deciding how to market goods. Companies that go global and change this may find their supply chain management process is impacted.

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