International Business journal assignment
Globalisation
Relates to the increased international competitiveness as a direct consequence of the size if the market increasing all the time. Australian business must be ale to compete in a world scale. It involves corporations planning their production processes so that each specialized subdivision of the whole process is carried out in a country where conditions are particularly favourable for that type of work.
This has all lead to the lowering the tariffs imposed on countries to protect their local markets. All theses beliefs the consumers greatly because now they have the chose to purchase more products made in foreign countries cheaper. However, there being the positive impact of globalisation, there is also a negative influence brought by globalisation. For starters, here in Australia, the local producers and manufacturers must find a new and efficient method to do business or face being over whelmed by foreign investors.
As an overview, globalisation in general is a positive thing. The moving of economies from competing on a local basis, to embracing and competing on a world market situates the evaluation of trade.
Culture
Culture: Culture, in sociology is the beliefs, behaviour, language, philosophical trends and entire way of life of a particular group of people at a particular time. Culture includes customs, ceremonies, and works of art, inventions, technology, and traditions.
In corporate culture, it can be best described as the shared values and beliefs held by the people in the organisation that unite it and keep it together. These values and beliefs are evident through the rituals, knowledge, myths, language, assumptions and ...