Globalization is the newest concept in management studies. Over the past 30 years, globalization has swept across the business world, emerging as the single biggest business platform in the world. It requires an amalgam of different ideas from various sources to reach the core platform of globalization. However, it is quite a task to deal with the vast canvas of globalization all by oneself. As a result, students keep searching on the internet for "globalization trade and investment assignment help."
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Question:
Discuss about the Globalization Has Offered Businesses To Expand Their Scopes.
Answer:
Introduction
Globalization has offered businesses to expand their scopes through the involvement of the same in the international markets. However, there are issues faced by the organization while managing the cross- cultural workforce while operating in the different markets globally. The HR management and the identification of the steps to manage expatriate adjustments in the workforce help in facilitating the improvements in the situation of the business. The multinational organizations face issues relating to the retention of the expatriates in the different host countries. Okpara and Kabongo (2011) stated in their research that some 10–80% of expatriates prematurely returns home who were sent on a foreign assignment. The main reason for the inability of the people to retain their functioning is identified as their inability to adapt to the different cultures of the host nation (Koveshnikov, Wechtler and Dejoux 2014). Read More.
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