How Diversity Affects the Global Business Environment
Assignment Cover Sheet
Student’s name: Abed Shikh AlShabab
Student’s number: A4020445
Assignment title:
How diversity affects the global business environment
Words count: 1405
Due date: 17/03/2011
Date submitted: 17/03/2011
Time submitted: 08.45 am
Teacher’s signature:
I hereby declare that: i) ii) iii) This work is entirely my own. All sources used in the preparation of this assignment are fully referenced. No part of this work has been submitted for assessment in any other course of study. Signature:
Date: 17/03/2011
How diversity affects the global business environment
During the past few decades the haste and intensity of globalization has reached unprecedented levels and with the impact of global issues growing incessantly worldwide, they became a major concern of governments and business world, as well as a challenge to economic educators in business school around the world who are responsible of preparing the new generations to compete and succeed effectively in a new international economy.
Accessibility of movable investment funds and inexpensive communication systems has altered not only the way we live, but also how businesses operate. Consequently, multinational corporations are converting into accurately globalized companies with functions located in the most appropriate sites. Meanwhile, the political and legal structures impact the manner in which business is conducted. Also, the new corporation structure and various working environment represent new challenges and create massive opportunities to international companies. As a result, this creates a major need for new level of business practices which are the utilities of the fields of the businesses that are planned and managed. Those in the areas of management, marketing, technology, accounting and finance are more complex in global environment. In this surrounding, the lack of uniformity in those aspects is affected the standards of business ethics,
Student’s name: Abed Shikh AlShabab
Student’s number: A4020445
Assignment title:
How diversity affects the global business environment
Words count: 1405
Due date: 17/03/2011
Date submitted: 17/03/2011
Time submitted: 08.45 am
Teacher’s signature:
I hereby declare that: i) ii) iii) This work is entirely my own. All sources used in the preparation of this assignment are fully referenced. No part of this work has been submitted for assessment in any other course of study. Signature:
Date: 17/03/2011
How diversity affects the global business environment
During the past few decades the haste and intensity of globalization has reached unprecedented levels and with the impact of global issues growing incessantly worldwide, they became a major concern of governments and business world, as well as a challenge to economic educators in business school around the world who are responsible of preparing the new generations to compete and succeed effectively in a new international economy.
Accessibility of movable investment funds and inexpensive communication systems has altered not only the way we live, but also how businesses operate. Consequently, multinational corporations are converting into accurately globalized companies with functions located in the most appropriate sites. Meanwhile, the political and legal structures impact the manner in which business is conducted. Also, the new corporation structure and various working environment represent new challenges and create massive opportunities to international companies. As a result, this creates a major need for new level of business practices which are the utilities of the fields of the businesses that are planned and managed. Those in the areas of management, marketing, technology, accounting and finance are more complex in global environment. In this surrounding, the lack of uniformity in those aspects is affected the standards of business ethics,
References: 1 - Cuizon G, 2009. What is Diversity in the Workplace? Available from < http:// http://www.suite101.com/content/what-is-diversity-in-the-workplace-a92594 / > 2 – Esty K, Griffin R & Hirsch M 1995, WORKPLACE DIVERSITY: A Manager 's Guide to Solving Problems and Turning Diversity into a Competitive Advantage. Published by DBM Publishing 3 - Hollins R, 2011. Global Expansion. Available from < http://www.termpaperwarehouse.com/essay-on/Global-Expansion/27706 > 4 - Johnson controls, 2008. Exploring How Diversity Impacts on Our Workplace. Available from 5 – Nesbitt J, 2009. Workplace Diversity: Developing an Innovated, Forward Thinking Workforce. WHRMA News. Available from < www.whrma.org/.../newsletter/2009.03.05.march2009newsletter.pdf > 6 - McDermott R & O’Dell C, 2001. Overcoming cultural barriers to sharing knowledge. Journal of Knowledge Management. 7 - Mor Barak M, 2011. Managing Diversity: Toward a Globally Inclusive Workplace. Published by SAGE Publications. 8 - Sussman H, 1999. The Future of Diversity and the Work Ahead of Us-A New Map and Compass for the Journey. In J Lindenberger & M Stoltz-Loike 2003, Diversity in the Workplace. Available from < http://ezinearticles.com/?Diversity-in-the-Workplace&id=14974>