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Globalisation in Business - Research Paper Example

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This research paper describes the globalization in business. This paper outlines strategic options that have focused on the usefulness of the application procedures and the ways through which practical demonstration of the business benefits have been brought to serious action. …
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Globalisation in Business
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Download file to see previous pages For the business to grow both at a local level as well as on the global pattern, it is quintessential to have a clear cut link amongst the people who matter the most within the organizational undertakings. These people comprise the top management domains who are the ones who will make the decisions and enact policies, which will form the essential basis of success in the long term scheme of things. The global synergy can only come about when the local level synergistic efforts are geared to meet the needs and requirements of their particular areas. The local level strategies thus manifest the long term growth and productivity patterns on the global level. The link between the local and the global strategies is an obviously uphill task because the common myths between the two are studied in an exclusive fashion, to take care of the organizational processes and behaviors. This paper will discern whether or not a uniform strategy will form the eventual basis of success within the local as well as the global domains of conducting business and gaining a competitive advantage.
In order to gain a clear cut competitive advantage at the local level, it is significant to distinguish what could be regarded as a competitive advantage in the first place. The manner in which this advantage comes about is at peril when the competitive rivalries are head on and when the competitors are undertaking serious negative perspectives upon the whole industrial settings. This is an ethical dilemma which the organization faces over a period of time and hence needs to be discussed in the light of the Kantian theory of ethics, whereby the positives of business processes are seen in the light of doing good for the global regimes, within the business standpoint. Globalization has demanded of businesses to remain one step ahead of competitive activities because it is hard to predict what moves the organizations will take in the coming times. However, guesswork and prior work record speak a great deal about the vision that a company has for its own self. It also dictates the way through which this organization will make its way to the masses and thus exert its complete control within the related scheme of things.  ...Download file to see next pagesRead More
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