How does globalization affect Organisational culture?
The organizations today exist in a variable environment that is directly affected by the process of globalization.
All this leads to many social changes as well as changes in the national culture, on which, in turn, depend the organizational culture, ethical behavior and values in the organization..
How does globalization affect the organizational structure functions and culture of an organization?
In the context of globalization, organizational change involves altering the mission and vision of the organization, the introduction of new technologies with new activities, the introduction of a rating system and performance system, redefined payroll, changes in organizational structure, a new orientation of the .
How does infrastructure affect globalization?
Well designed infrastructure facilitates economies of scale, reduces costs of trade, and is thus central to specialization and the efficient production and consumption of goods and services.
It is a vital ingredient to economic growth and development, which is the key to raising living standards..
What are the features of cultural globalization?
Cultural globalization involves the formation of shared norms and knowledge with which people associate their individual and collective cultural identities.
It brings increasing interconnectedness among different populations and cultures..
Why is infrastructure important in globalization?
Well designed infrastructure facilitates economies of scale, reduces costs of trade, and is thus central to specialization and the efficient production and consumption of goods and services.
It is a vital ingredient to economic growth and development, which is the key to raising living standards..
Contributing factors
New technology and form of communication around the world help to integrate different cultures into each other.Transportation technologies and services along with mass migration and individual travel contribute to this form of globalization allowing for cross-cultural exchanges.- Cultures around the world have also exchanged words or phrases.
Cultural globalization involves the spread of language, the arts, food, business ideas, and technology, and therefore, its impact is felt by almost everybody in the world. - The benefits of globalization for businesses include expanded customer bases, more revenue streams, and a diverse workforce.
But globalization also poses some daunting challenges like environmental degradation, legal compliance issues, and worker exploitation.
