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Docs en anglais
publié le 25/05/2012
Document de 6 pages au format WORDTweeter
The business world has changed dramatically over these last twenty years. But what are these changes?
We can observe that the world is globalizing and the telecommunication industry is become more and more global.
The term globalization which started being used in the 1980s, is the tendency for the world economy to act as one unit, led by international companies doing business all over the world. It refers to the growing economic interdependence of countries worldwide through exchanges of goods and services. The trend increased with the boom of technology.
Globalization concerns numerous and various sectors such as:
- Industrial globalization: expansion of multinational companies around the world
- Financial globalization allows the free circulation of capital
- Informational globalization: wherever people live they can access the same information, watch the same TV programs, etc.
- Cultural globalization refers to increasing cross-cultural contacts
This brings us to the globalization of trade, also called free trade, thanks to: reducing or eliminating tariffs, reducing transportation costs, and reducing capital controls.
In today's business environment, we observe that companies have to use their way of managing change to gain a competitive advantage. Indeed, rapid technological changes are forcing organizations to adopt new technologies and change the way they work and interface with suppliers and customers.
We can also notice how businesses can handle risks in the changing world of social media. Social media is changing the business landscape.
In the past, with a written application, we can make sure human resources rules and regulations in regard to discrimination: race, sex, ethnicity, religion, are established.
But now, companies are starting more and more to engage job applicants by doing Internet searches, running a Google search on names, and checking out Facebook or LinkedIn pages. The danger in that is, whether intentionally or not, we can discover protected information.
The rapid spread of information technology and the internet is also changing the way companies organize production, and increasingly allowing services as well as manufacturing to be globalized.
Progressive companies are taking advantage of some of these changes, modifying their offerings, creating partnerships, embracing technology, revisiting their value proposition to align with what is important to clients.
Roughly speaking, the globalization phenomenon these last thirty years, generated by improvements in transportation and telecommunications, has amplified the economic, financial, cultural differences between human societies. We are now going to analyze more precisely these different phenomena (...)
IV) The market
VI) Information technology
VII) Business ethics and social responsability
Docs en anglais publié le 25/05/2012
Docs en anglais publié le 03/07/2008
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