Introduction In this modern newly globalised world, the airline industry has begun garnering attention from consumers as a result of headlines surrounding controversial issues such as that of terrorism, excess capacity and recent strikes such as that of Lufthansa Airlines and Air France. International air transport is less than a century old, but is now a major contributor to globalization and is continually reshaping itself to meet the demands of the economic and social integration that globalization engenders (Button, 2008). It is changing the framework through which the airline industry should be viewed – from a national perspective toward a more global one (Yergin et al, 2000). This idea of the world becoming a smaller place would not be
2.4 GLOBALIZATION EFFECTING ORGANIZATIONS Organizations have to respond to globalization as well as to the rapid changes in technology. They must improve their performance and pay more attention to their customers. Companies no longer have the opportunity to only enter new markets as once globalization meant, the old rules don’t apply in today’s situation. With today’s facts organizations have to deal with a fast growing number of competitors and sources of lower cost labor and take responsibility for the risks that are associated with global supply chains. Businesses must adapt to the global market by creating and going after new opportunities.
Globalization thus showed its impact both directly and indirectly on the industrial relations systems and its actors by disturbing the relation between "capital" and "labour" in each country. Capital is significantly movable in an open international environment while labour remains relatively fixed placing "labour" at a relative disadvantage. Globalization brought development in various enterprises changing the course of industrialization affecting employment relations and industrial relations at all levels viz., regional, national and international levels. In addition to the effects of globalization, India is facing more population growth and labour surplus intimidating the sustainability of performance, productivity, economic growth and international
These impacts are causing some troubles and modifying the growth of the nation. Generally, globalization makes competitions among enterprises become more intense than ever and workers could be laid off any minutes. Despite the negative impacts globalization also has its positive ones in order to improve the market of products and enhance commercial development. Therefore, this paper, as the result of our research, aims to answer three questions: What is globalization? ; What are its impacts on civil society in Vietnam?, and How can the young people and/or CSOs formed by the youth in Vietnam be well prepared for the new development era of the country?
Globalization and Tourism Introduction: Globalization and technological advances have changed the way the organization of work, governments and communities. The new business model of the driving forces behind these changes. This new business model is a philosophy of human organization relies on teamwork and motivation of individuals and reduces waste, including the cost of non-optimal use of human energies and builds the necessary knowledge to create infrastructure. The differences in the ratings between the old and the new business model may be false but the important difference here is that the international accounting standards by making relationships and strategic alliances in companies more transparent. The developing countries of the current driving forces in response to the globalization of style will have a major impact on the standard of living and growth rates and quality of life and development processes in these countries in the coming decades.
The old approaches, principles and strategies of marketing and selling a product are no longer effective in today’s world. Innovative techniques and expertise have developed on the surface of the business ground and have become well-known for current marketing policies. One of the fundamental strategies is Integrated Marketing Communications which is presently in practice by all giant multinationals and it’s playing a vigorous role in improving business approach. • In Marketing Process The role of IMC is becoming vital due to denationalization, liberalization and globalization of Developing economies. The Worldwide environment is assuming larger importance than the domestic environment of maximum companies.
Labour turnover is an important and pervasive feature of the labour market. (Martin C., 2003:391) Labour turnover affects both workers and the firms. Workers experience disruption, the need to learn new job-specific skills and find different career prospects. Firms suffer the loss of job-specific skills, disruption in production and incur the costs of hiring and training new workers. (http://www.le.ac.uk/economics/research) Organizations of all types are giving increased attention to a common problem of business-employee turnover.
The theories and study of multinational corporations (MNCs) evolution and expansion (the internationalisation process) have been a prominent aspect in the international business (IB) studies. The empirical studies that have led to the development of MNCs internationalisation theories were based on the perspectives and firms’ from advanced economy in Europe, USA and Japan. Therefore, it is not surprising to see how this reflects on the behaviour of firms’ from these economies. While MNCs from advanced economy had dominated the IB study internationalisation process firms’ from emerging markets (EMs) had received less attention in the IB research especially in terms of their evolution when compared to firms from advanced economies. To some scholars, the internationalisation process is how a business spreads locally and between countries both regionally and globally (Jansson, 2009:48).
Althought it has brought about some positive changes current business enviroment faces challenges and pressures on a scale bigger than ever before. A lot of those obstructions can impact on the continuity of a commercial enterprice, especially through disruption to the wider supply chain (Christopher, 2003, p.11). The functioning of the global, more complex supply chains is subject to increased risk that is related to the geographical distance, the consistency of each cell 's ties, visibility of supply and sudden changes in the market. There are also external factors, like natural disasters, extreme weather conditions, political conflicts and terrorism that increase the risk and threaten operation of chains. According to report „Creating Resilient Supply Chains: A Practical Guide” the framework to classify the sources of risk by location has been set.
Organizations such as WHO, NGO and Doctors Without Borders, which emerged in the process of globalization, opened new possibilities to increase the overall life expectancy and living standards in developing countries by trying to eliminate diseases and provide education. However with globalization privatization and emigration of skilled people increased. My studies illustrated one great observation; Globalization has many different impacts on every sector of a developing country but altogether these effects have in one way or another a great impact on the economy of this