Management and Organizations in Global Environment Global Business

Question: Discuss about theManagement and Organizations in Global Environment for Global Business. Answer: Introduction Managing organization in the global environment have increased in the modern era. From the study about management and organization in the global environment, I have been able to understand that there are a number of issues related to this particular management. As per the study, it can be inferred that if the firm is able to adapt to the changes taking place in the environment, it is important for the managers to understand the factors and forces that operate in the global business and the impact of these forces in creating opportunities as well as threats. From the study I have learned that there are management issues that the managers of the organization faces while trying to globalize their business such as follows: One of the major issue faced by the managers is compliance and regulation. The managers have to comply with the tax law of the different countries that have strict policies about practicing of business in the country. There are certain global economies that have pension restrictions and human resources restriction and rules that restricts employing of foreign workers (Lasserre 2012). Therefore, operation in such global environment becomes difficult. Culture and the languages prevailing in the global market becomes another issue. The managers then needs to find alternative ways to navigate the language issues that might occur during conducting business with the global partners. The cultural difference is another issue that has a great impact on the success of the business in the global market and environment (Cullen and Parboteeah 2013). Therefore, the managers of the organization need to understand the religious and cultural boundaries first in order to carry out effective business in the global environment. The managers of the organization need to understand the impact of the organizational activities on the global economy. The organizations are challenged to implement successful recycling strategies into the workplace as it might be inconvenient for the company. Moreover, in the opinion of Hill, Cronk and Wickramasekera (2013), the organization faces environmental pressure to practice the use of lesser natural resources and produce goods manufactured with materials that are recyclable. Another bigger challenge that the managers of the organizations operating global business experiences are the issue of communication that occurs when technology fails to keep up with every sector of the economy. In case of a company that is dependent on the disparate system, the company is unable to communicate with the other companies or with the global partners effectively (Cohn 2015). Thus, from the overall study, I can evaluate that although there is a huge opportunity for the management and organization in the global environment, there are a number of management issues that follow. These issues have a serious impact on the business operation that might lead to adverse financial downfall if not addressed properly. In order to address the issues and ensure smooth running of the business of an organization n the global market, it is essential for the management to implement appropriate management strategies within the organization. References Cohn, T., 2015.Global political economy. Routledge. Cullen, J.B. and Parboteeah, K.P., 2013.Multinational management. Cengage Learning. Hill, C.W., Cronk, T. and Wickramasekera, R., 2013.Global business today. McGraw-Hill Education (Australia). Lasserre, P., 2012.Global strategic management. Palgrave Macmillan.