One of the most important components of the globalization of business is management. Without proper management, work life would be chaos. While there are many pros and cons to managing a global business, I will take you through a select few today. Not only do managers need to worry about managing their own employees, but now they must coordinate with other managers around the world. However, working with different people all over the world then makes them more aware of the environment and making sure that their companies are being conscious of their own carbon footprints. In addition to each of those points, I think that ultimately managers take on much more responsibilities than they would if they worked for a one country based
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This too comes with many pros and cons, however, I do believe the pros outweigh the cons by a long shot. Not only does outsourcing save on labor costs (sometimes) and keep product prices down, it also saves on time. We all know time is money these days. Our reading cites specific examples of this, one being that if someone in Dallas finished their work at closing time, it could then be sent to Hawaii until their closing time, and then eventually to India. Once in India they would be able to work on it until the job was sent back to Dallas the following morning. Now this does set more responsibility on managers since we are not only dealing with 1 or 2 managers at this point, but 4 or 5. They would all need to coordinate and make sure that the project was seamlessly finished from one country to another. But at the end of the day, a project that could have taken one office a week, could be finished in one full day by sending it to other …show more content…
Today a simple product can be changed into hundreds of different things. Packaging alone, depending on the demographic that is buying the product, can change drastically. From single servings to full blown family sized products, you never know what consumers are going to need. It is up to the mangers to tailor the products to best suit their clientele. It is also up to them to keep up with laws and ordinances that different countries have that allow different additives, fragrances,
This too comes with many pros and cons, however, I do believe the pros outweigh the cons by a long shot. Not only does outsourcing save on labor costs (sometimes) and keep product prices down, it also saves on time. We all know time is money these days. Our reading cites specific examples of this, one being that if someone in Dallas finished their work at closing time, it could then be sent to Hawaii until their closing time, and then eventually to India. Once in India they would be able to work on it until the job was sent back to Dallas the following morning. Now this does set more responsibility on managers since we are not only dealing with 1 or 2 managers at this point, but 4 or 5. They would all need to coordinate and make sure that the project was seamlessly finished from one country to another. But at the end of the day, a project that could have taken one office a week, could be finished in one full day by sending it to other …show more content…
Today a simple product can be changed into hundreds of different things. Packaging alone, depending on the demographic that is buying the product, can change drastically. From single servings to full blown family sized products, you never know what consumers are going to need. It is up to the mangers to tailor the products to best suit their clientele. It is also up to them to keep up with laws and ordinances that different countries have that allow different additives, fragrances,