Organizational Structures: Matrix vs. Line Due to the increasing complexity and dynamic conditions of global markets, multinational companies such as Telia Sonera need to design more responsive organizational structures to meet local market needs across various geographical boundaries while maintaining the ability to capitalize on global economies of scale. The traditional hierarchical line structure with its advantages of a clear line of authority and responsibility, unity of command and distinct accountabilities tends to create efficiencies in simple markets, but it does not support the required agility and fast responsiveness to compete within the context of today’s unpredictable and unstable business conditions. Decision makers within complex line structures are often detached from local
From my own words I can say that, strategic drift is the situation when the strategy of the organization fail to cope with the change in the organization, be it internal changes or external changes or when the organization strategic becomes outdated to the extent of failing or stop to hold relevant to the business environment the organization is exposed to; and that risk management as the process of critically managing the business environment in ways of eliminating risk or reducing risk that can affect the organization and that the process need critical examination and logical sequence of activities for follow; with these any organization in the modern world need to focus on the two issues to ensure the operational and financial health of
Pollution released into the air damages the ozone layer in Earth’s atmosphere. Due to the chemicals in the air there is widespread concern that the ozone layer is deteriorating due to the release of pollution containing the chemicals chlorine and bromine. Such deterioration allows large amounts of ultraviolet B rays to reach Earth, which can cause skin cancer and cataracts in humans and harm animals as well. Researchers also have documented changes in the reproductive rates of young fish, shrimp, and crabs as well as frogs and salamanders exposed to excess ultraviolet
‘’Globalization is a widely and somewhat loosely used term intended to describe the recent and rapid process of intercontinental economic, social, and political integration. This worldwide integration allows people to communicate, travel and invest internationally, and helps companies market their produces widely, acquire capital human and material resources more efficiently share advanced technology, and enjoy economics of scale. While many benefit from globalization, others are hurt economically, some cultures may be harmed, and local environments may suffer.
In today’s high competitive globalisation markets, and with its rapid integration of economies and societies, people are living in an increasingly interdependent world. Nation-wide barriers to the stream of goods, people and capital are breaking down, and platforms, policies and processes are standardising. In this report, the author will be exploring three broad sections in order to critically assess the international business environment that are crucial to succeed in the cross-border business. The first section is to discuss between the globalisation and internationalisation. The second section is to identify some issues and challenges business face by managers in an international environment.
Some communication and trade took place between distant civilizations even in ancient times. Global economic integration took place through trade, factor movements, and communication of economically useful knowledge and technology proving to be on a generally rising trend. • This process of globalization in the economic domain has not always proceeded smoothly neither has it always benefited all whom it has affected. Despite there being occasional interruptions, such as following the collapse of the Roman Empire or during the interwar period in this 21st century, the degree of economic integration among different societies around the world has generally been on the rise. • Indeed, during the past half century, the pace of economic globalization has been particularly rapid.
Another reason why landfills are damaging the environment is that much of the waste in landfills is dumped into the ocean or lakes. This waste pollutes water supply for many areas, destroys beaches and kills of wildlife. ( Gottschling, 2016) Incinerators are not an alternative to landfills, contrary to what many believe. Many waist collectors burn the waste in incinerators. The incinerators do remove the waste but it replaces it with toxins and smoke.
Globalization is the concept that describes the process of interaction and integration of people, markets, economies and governments around the world through international trade network, communication, and immigration and information technology. (Financial Times, 2016) “In the more recent past, globalization was often primarily focused on the economic side of the world, such as trade, foreign direct investment and international capital flows, more recently the term has been expanded to include a broader range of areas and activities such as culture, media, technology, socio-cultural, political, and even biological factors, e.g. climate change.” In the last three decades, the global financial market has experienced exponential growth in size; structure and sophistication, as the value of financial assets traded in these markets have grown by over 140 percent. Many countries have realized that the growth and performance of their local financial markets; which is a market that provides the platform for buyers and sellers to trade securities, currencies, bonds, derivatives and other financial assets is considered as a measure of economic growth and relevance in the international community. Therefore, over the years many countries have opened up their borders to international trade and have deregulated their financial markets to spur economic growth as these markets offer financial products that provides avenues for the efficient allocation of resources for firms, funding
Increased traffic on the road has caused smoke emitted into the air through automobile exhaust also increases. If the used vehicle is not properly maintained, the vehicle will remove excessive smoke. Hence, smoke containing toxic gases such as carbon monoxide has polluted overall air hygiene. From exotic vehicles, smoke from plant industry, unmanaged coal consumption, and combustion at landfill. 3) forest exploration activities In addition, air is also polluted due to forest exploration activities carried out by residents living in remote areas.
Education is one of the most vital elements for every society and its people. For someone to improve themselves and become the person they want to be, a proper education is an important step. Everyone needs to have education and this education should be taken by the interest and tendency but the student 's environment or the education system in his/her country may not be sufficient enough. In these cases, the students would most probably like to have different opportunities and a better system for themselves in other countries. And since this is a tough call, students should be encouraged to study abroad so that they can learn different languages, gain a better knowledge about new cultures and get new job opportunities.