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

Challenges Faced by Graduates and Volatile Global Economy - Essay Example

Comments (0) Cite this document
Summary
Challenges Faced by Graduates in a Volatile Global Economy With globalisation in its apex of applied intellectual transfer feasibilities resulted from the collaborated ties of information trade, graduates are alert that the possibility of entering the job market is becoming a riskier affair owing to the volatility of today’s global economy…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
Challenges Faced by Graduates and Volatile Global Economy
Read Text Preview

Extract of sample "Challenges Faced by Graduates and Volatile Global Economy"

Download file to see previous pages Hence the graduates and aspirants of opportunities are advised to capacitate their personal and professional skills based on the analysis of actual demands of the new business horizons. Various elements are to be considered responsible for the new economic trend of excessive completion in the international job market. Generalised expectations of most of the job market is that graduates from developed countries are basically exposed to luxurious life with the abundance of opportunities while the part of luxury is a rare incident in case of job seekers from emerging economies. As Farley, Malkani and Smith (2008) point out, majority of the graduates are in search of lucrative jobs in developed economies and the employers of the emerging economies find it difficult to fill the positions with efficient people, which will eventually result in reduced productivity and quality performance. Developed and emerging economies are facing the problem of internal competition in most of the productivity regions in pursuit of claiming a stable economic position in the world. Presently, the world economy is moving through the crisis-hit segments in many spheres of international business owing to the competition among countries those have agreed to collaborating ideas and exchange of human intelligence for industries and trade. “The world around is being dramatically reshaped by scientific and technological innovation, global inter-dependence, cross-cultural encounters and changes in the balance of economic and political power” (Association of American Colleges and Universities, 2009). A majority of the leading economies in the world are now on verge of declining themselves from their perspectives of economic leadership over other countries over the past few years. This economic policy changes in the recent years are the earmarking revelation of an imminent move for cut-downs and distribution of intelligence requirement among job markets across the world mostly through information technology. Apart from the various norms of the governments to regulate the job market, a majority of graduates are forced to the risk of losing their technical knowledge in highly intellectual professions like doctors and engineers if the individual abstains from practice over a long period after the studies. As International Business Report (Sep 28, 2010) points out, in the scenario of volatile global economy, graduates are a target for certain challenges like excessive competition against limited requirements, economic downturns in local job markets, inadequate exposure to quality education with facilities for real-world exposure and also the setback of the height of expectations set above the achievable levels of opportunities to them and the development of intellectual debate between job searching with the graduation and further drive of higher education. Advancement in technology and computerisation in the field of operation of all the industries and offices in the recent decade demands for a higher level enthusiasm among young aspirants to update their professional skills with the demands of the time. Unlike the traditional belief that industry involved the physical production of certain commodities, the world today is looking for the excellence of graduates in ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Challenges Faced by Graduates and Volatile Global Economy Essay”, n.d.)
Challenges Faced by Graduates and Volatile Global Economy Essay. Retrieved from https://studentshare.org/business/1432733-ypwithin-the-context-of-the-boundaryless-career
(Challenges Faced by Graduates and Volatile Global Economy Essay)
Challenges Faced by Graduates and Volatile Global Economy Essay. https://studentshare.org/business/1432733-ypwithin-the-context-of-the-boundaryless-career.
“Challenges Faced by Graduates and Volatile Global Economy Essay”, n.d. https://studentshare.org/business/1432733-ypwithin-the-context-of-the-boundaryless-career.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Challenges Faced by Graduates and Volatile Global Economy

Global Culture on Fast Track

Lifestyles are changing fast to invite international practices. Youths in large numbers are instrumental to change to live in a free environment. They are resisting ‘no change’ attitude and fighting for the new environment where they can express freely what think right to make a modern culture. The change is undergoing automatically and being accepted by most of the resistant quarters.

Globalization does not create a common culture, values, attitude or beliefs as mentioned above. It gives way to a single arena in which people of different cultures interact and present their values for comparisons, analysis, acceptance or rejection on certain standard yardsticks. This is the internationalist version of global...
6 Pages (1500 words) Essay

The Challenges of Foreign Market

Any multinational company is exposed to risks such as change of foreign currency exchange rate, commodity prices, and interest rates because it denominates its transactions in foreign currencies. That’s why there is also some uncertainty in future earnings, liabilities and assets values.
Therefore, before taking a decision on the country of entry, a profound analysis of its current political and economical situation is to be performed. According to Kotler and Armstrong (351-361), a decision on whether to enter a foreign market should be based on a profound analysis of potential risks and opportunities, as well as the company’s internal resources.
The company is a Limited Liability that exports roasted and gro...
11 Pages (2750 words) Case Study

Cloning Challenges Concepts of Societal Norms

This results in the creation of embryonic growth of another organism that contains the complete genetic code of the original organism. Through this process, the cloning of mammals has resulted in, to date, hundreds of cloned organisms born.
Those who oppose human cloning argue that this unnatural style of reproduction has an overwhelming potential for decisions being made based on reasons of vanity in regard to children. Their concern is that the very nature of the traditional family is in danger of evolving in a strange, unknown and undesirable direction. Advocates of cloning practices say that it may, among other things, serve society as an effective alternative treatment for infertility. The cloning of animals has stirred...
7 Pages (1750 words) Assignment

Global Warming and Food Production

The carbon fertilization effect of increased carbon dioxide concentration in the atmosphere has an impact on plant growth, which benefits plant growth by facilitating photosynthesis, cannot balance the complex impact of increased temperatures around the world. Thus, although some regions will benefit from global warming, a total reduction in global agricultural production will result. This essay presents a discussion about the impact of global warming on agriculture and food production around the world.
Although the history of the planet earth suggests that for the last million years ice ages have been interspersed with warmer periods, evidence suggests that the average rate of global warming within the recent past has accele...
14 Pages (3500 words) Assignment

Women in American Politics: Past and Future Challenges

The official political role of women in the colonial period was not definite at all. Political rights were founded profoundly on ascribed status such as birthrights and on achieved status such as property. Religion also contributed in determining who could and could not play a part in politics. There was no steady and widespread difficulty in the participation of women in political life, yet only a small number of women voted in England and North American colonies, and hardly any women participated in politics to the degree of putting into effect political influence (ibid). In reality, the minority had any public office at all in England, and no women can be recognized as holding elective political office in the colonies.
It...
19 Pages (4750 words) Research Proposal

The Importance of Employee Empowerment in the Global World

Empowerment is the authority to make decisions within one’s area of operation without having to get approval; from anyone else. Here the operatives are encouraged to use their initiative to do things the way they like. To this end, the employees are given not just authority but resources as well so that they not only take decisions but implement them quickly. This empowerment means giving the employees the authority to make decisions and providing them with financial resources to implement these decisions (Koch & Godden, 1997 11).
Employee participation and empowerment participation means sharing the decision making power with the lower ranks of an organization in an appropriate manner (Lashley & McGoldrick, 199...
9 Pages (2250 words) Assignment

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages (1750 words) Research Proposal

Effect of Corporations Moving Jobs Overseas on the Economy

The issue comes into focus, whenever there are political, economic debates or talks about H1B visa limits. The economic slowdown has further led to the intensification of these debates. But, despite apprehensions from different quarters, neither the companies nor the government has said a final word on the trend. Increasing levels of competition amongst the corporate houses have been one of the key highlights of the globalization era. Be it the retail sector, the banking, the automobile, the IT-enabled services, the white goods space, etc. the companies have always been on the lookout for reaching out to more number of customers while doing everything possible to please the existing lot. Leveraging the economies of scale has prove...
8 Pages (2000 words) Coursework

Global Employee Information and Consultation: Replicating the European Model

...Global Employee Information and Consultation: Replicating the European Model INTRODUCTION The only way for the employees and their representatives to reach the level of multinational corporations is to create an effective transnational mechanism that facilitates consultation and information disclosure. The European model (EWC) is an example of an institution that intends to provide employees voice in the transnational arena. The information dissemination and consultation arrangement enable employee representatives to participate in discussing issues that pertains to their employment. However, there is a need to analyze whether EU style of legislating a mechanism shall be effective if replicated globally. The answer in part depends...
9 Pages (2250 words) Coursework

What Is the Hybrid Warfare and What Challenges Does It Present

... doctrine, which was published in Part Ten of its Field Manual in 2001. Alderson comments that the “pamphlet is the latest in a line of Army publications that have wrestled with the challenges of applying military force to meet the threat of revolutionary war and insurgency thrown up by the Cold War”9. This has created polarised argument with regard to whether or not we are growing a generation of Counter Insurgency Operations (COIN) professionals at the expense of “real war” fighting capabilities10. However, the challenges faced by the hybrid war model highlight the need to acknowledge the reality of constitutes “real war fighting” capabilities in current and likely future conflict scenarios11. Similarly, from the US military...
7 Pages (1750 words) Article
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.

Let us find you another Essay on topic Challenges Faced by Graduates and Volatile Global Economy for FREE!

Contact Us