Why is Globalization Significant for Organizational Behavior?
Outsourcing • Contracting out of work rather than accomplishing it with a full-time permanent workforce. Off shoring • Contracting out work to persons in other countries. Job migration • Movement of jobs from one location or country to another. A global economy –Information technology and electronic communications have: • Promoted a global economy. • Created Internet business opportunities. –Transnational movement of products, trends, values, and innovations. –Multicultural workforces. Regional economic alliances • European Union (EU). –North American Free Trade Agreement (NAFTA). –Caribbean Community (CARICOM). –Asia-Pacific Economic Co-operation Forum (APEC). Global quality standards • ISO designation for quality standards. –ISO framework for quality assurance worldwide. –ISO certification is important for doing business and developing a reputation as a “world-class” manufacturer. Global Managers • A global manager is someone who knows how to conduct business across borders. –The glo
