First they must have a global vision from their leadership that can serve as a model of where they want to take the organization. That vision must be driven down to a specific plan with specific goals and a way to accomplish them.
The nature of the goals should drive the design of the global organization. It must take into consideration business lines (groups of related products), geographic structure, human resource strategies, transportation strategies, , cultural factors and much more. Every potential organizational structure will have its own advantages and disadvantages.
All of this is greatly facilitated by newly available communications capabilities. Large international banks, for example, are replacing centralized offices with virtual office capabilities. Employees at many levels can work from home offices avoiding wasted personal commuting time and cost. It also avoids costly office space and related costs to the banks. It allows the hiring of the best people rather than just people in any specific city.
shift is industrial economic activities from the core countries to the periphery
Global companies plan activities on a global basis. By operating in more than one country benefits from savings or economies on activities such as R&D, marketing, operations and finance are achieved which may not be available to domestic companies
Which of the following was not an economic effect of colonization? Global economic development
Global Irish Economic Forum was created in 2009.
The global strategic planning process is used by companies that trade across borders. This will entail formulating policies and strategies that will be used to synchronize all the activities in the different countries.
DO you know why companies like to go global if you do please answer the question!
The recent Global Economic Crisis is one example of many
Global Irish Economic Forum happened on 2009-09-20.
Increased farming in colder areas would be one activity created by global warming.There is also a complete industry being setup to provide alternative energies to combat global warming.This has made thousands of jobs for individuals and companies.
Some global communications companies include Cohn & Wolfe, Global Communications Systems, and M Booth. These companies aid in services such as public relations.
Events allow enterprises and small business companies to gain local and global recognition in the market. They also help manifest companies' business lines and activities and share ideas with partners and competitors.
companies that are looking to expand