Written on May, 22, 2015 by in | Leave a comment

Coping with Globalization Globalization includes integration and interaction together with companies, people and nations from a variety of countries. Globalization is powered by investment funds and world wide exchange whereby information technology is included as compared to the contributive thing to commerce by the IT solutions, guys and women have the capacity to obtain the other on the web and …

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First, proportional outsourcing of functional duties in the IT services sector can be realized. Proportional outsourcing is used here to mean transferring only parts of a company’s redundant functions to foreign or local based organizations. Offshoring is the main type of outsourcing that has negative impacts on the rates of employment in domestic economies. There are two ways in which …

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Written on Mar, 27, 2015 by in | Leave a comment

Apart from technology, organizations have also wanted to leverage their advantage through the growth potentials that exist in international markets (Nye 16). Today, every organization is looking to establish itself beyond national boarders due to increased competition and consumer awareness. In terms of consumer awareness, globalization has created a unique culture of standardization where products or services can be harmonized …

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As already stated, organizations must remain committed to being good corporate citizens even as they adjust to globalization oriented changes. There is an urgency for these organizations to find the right balance between cost cutting on one hand and social responsibility on the other, Globalization involves interaction and integration along with nations, people and companies from numerous countries. Globalization is …

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Written on Feb, 18, 2015 by in | Leave a comment

As a result, outsourcing is a practice that will continue to become popular in the world even as globalization takes shape in the 21st century. With the current trends, many other sectors apart from manufacturing and IT service ones are likely to embrace this concept. Since outsourcing is related to increased unemployment in home economies especially in developed nations, a …

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However, it is not these organizations that will effectively make this decision because they have to keep up with competition (Bachmann and Sebastian 11). When one domestic economy decides to regulate outsourcing, the effects are likely to be adverse to firms operating within since they still have to compete of a global front with other firms who will continue looking …

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Written on Feb, 12, 2015 by in | Leave a comment

In the 21st century, however, many things have led to increased push for offshoring by organizations that have been previously large employers. One of the main push factors has been the advancement of technological innovations particularly in the areas of customer service and organizational communication. Due to improvements in information flow and efficiency through widespread use of the internet, customer …

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One of the best strategies is the formation of outsourcing policies for different industries. In the case of IT services sector, the formation of an offshoring oversight committee is the best way to go. This committee has to provide the needed checks and balances in outsourcing so that organizations do not overexploit the opportunities they are accorded as a result …

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Written on Feb, 06, 2015 by in | Leave a comment

The gains made through globalization are numerous and have been good for economies in the long run. In the spirit of embracing change, it is usually important to adjust to changes rather than resisting them. This is exactly what organizations have done through offshoring and restructuring. However, the employment of locals cannot be overlooked in the process of adapting to …

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It is, therefore, realistic that a coping strategy be developed to help protect domestic economies from escalating unemployment rates. Globalization comprises interaction and integration compared to other companies, nations and people from distinctive countries. Globalization is pushed by opportunities and world wide commerce where i . t is integrated due to the fact contributive step to commerce all through the …

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