Globalization Of Business At Higher Level Management

Globalization of Business In the world of business, businessmen and women at higher-level management positions need to be able to lead, persuade, control, and communicate with fellow members of their expanding global marketing management discourse community., If these managers are not able to have full control over their staff and business operations, then the branch they are in charge of could end up in disarray and possibly result in a complete failure. as well asManagers also need to be able to reach their audiences and those who may not be in that specific discourse community, but who are associated with the business world whothat make the field of business the trillion dollar daily market it is today. Due to the fact that businesses†¦show more content†¦There are an extensive amount of problems that emerge from the globalization of businesses. Companies that have been left in technological darkness have fallen deeply behind in the quest for economical world power. Other issues involving globalization include some economic policies that countries may have, larger nations abilities to undersell domestic companies, multinational corporations ability to create large plants and work facilities while giving workers poor working conditions, along with the mindset that marketing managers once had but mow are forced to expand to a global thought process and so on. The globalization of businesses affects the personal, production, and the business mindset on numerous levels across the board. When the technology we now use for business purposes today was not available, the success one has as a marketing manager for a major company meant, for the most part, the ability to sell and market your companies product domestically at the highest level possible. However, due to the major advancements in technology such as the Internet that have expanded the marketability of companies, the views of what now makes a successful manager have changed. If marketing managers for a larger company were to only focus on the domestic customer and not have a global mindset, then they wouldill surely fail to expand across the seas or to other countries and more than likely lose their job.