Course: Culture & Organizations Week 1 Discussion Forum Research the pros and cons of globalization. How can firms and governments help to reduce the effect of globalization’s cons? If you ent

Course: Culture & Organizations

Week 1 Discussion Forum 

Research the pros and cons of globalization. How can firms and governments help to reduce the effect of globalization’s cons? If you enter the term ‘‘antiglobalization organization’’ into an online search engine, you will be able to locate many arguments against globalization. Now research academic scholarly peer reviewed articles in the KU online library on the topic. Your initial posting on the topic should be posted by Wednesday with two more postings Thursday through Sunday taking the learning on the topic of Managing Organizational Culture deeper. Each posting is weighted equally on this assignment.

In your Subsequent Posts, respond thoughtfully to the posts of at least two other students.

Back up all opinions with the readings and outside research in academic journals at the KU online library.

• 250 word minimum for initial post
• Include at least two references
• Respond to  two learner's initial post.

KU online library:  https://keiseruniversity.libguides.com/home/home?preview=afb5d66ab3b853fa361847ea7dfda322

Reference requirements:

2020-2023 (Peer Review)

APA format 

Student reply 1:

Good morning, Stephanie,

Your post was very insightful to this week's topic of discussion. Another learning objective for this week is studying international management, culture, and organizations and why they are important. In an increasingly globalized world, businesses and organizations are expanding their operations across borders. Understanding how to manage international activities and navigate the complexities of global markets is essential for their success (Giacalone, R. A., et al., 2003).

Following, international markets offer new growth opportunities. By studying international management, organizations can identify and leverage these opportunities to increase revenue and market share. Global organizations often have a diverse workforce representing various cultures and backgrounds. Understanding and managing this diversity is crucial for fostering a positive work environment, enhancing creativity, and improving overall productivity (Buckley, P. J., 2000). Cultural differences can significantly impact business practices, communication, and negotiation. A strong understanding of cultural nuances is essential to build effective relationships and avoid misunderstandings in international business dealings.

Additionally, international management involves dealing with unique risks, such as political instability, currency fluctuations, and regulatory differences. Properly managing these risks is essential to protect an organization's investments and operations (Ibarra-Colado, E., et al., 2010). International organizations must adhere to a range of legal and regulatory requirements that vary from one country to another. Understanding and complying with these laws is crucial to avoid legal issues and protect an organization's reputation. Organizations that effectively manage international operations and understand global markets gain a competitive advantage. They can tap into new markets, access diverse talent pools, and adapt to changing global trends more effectively.

In summary, studying international management, culture, and organizations is necessary because it equips individuals and organizations with the knowledge and skills required to thrive in the global business environment. It enables organizations to seize global opportunities, manage risks, foster innovation, and build strong international relationships, ultimately contributing to their long-term success and competitiveness (D., & Karjalainen, H., 2015).

References:

Giacalone, R. A., & Beard, J. W. (2003). Impression Management, Diversity, and International Management. The American Behavioral Scientist (2003), 37(5), 621. 

Ibarra-Colado, E., Faria, A., & Guedes, A. L. (2010). Introduction to the special issue on "Critical international management and international critical management: perspectives from Latin America". Critical Perspectives on International Business, 6(2), 86-96. 

Buckley, P. J. (2000). The Role of Management in International Business Theory1: A Meta-Analysis and Integration of the Literature on International Business and International Management. Management International Review, Suppl.Special Issue 1, 36, 7-54.

D., & Karjalainen, H. (2015). The impact of culture on international management research: a comparison on Francophone and Anglophone research communities. Management International, 19, 180-200,239,242,245.

Student reply 2:

Addressing the Challenges of Globalization: Firms and Governments in Action

Firms and governments are vital to reducing globalization's adverse effects. Globalization creates income disparity, a significant challenge. Ethical company practices like fair compensation and safe workplaces can address the issues of income disparity (Mayer, 2021). Firms can invest in local communities, train workers, and support education programs through corporate social responsibility, improving the quality of life for globalization victims. Also, governments can enforce labor rules, control markets, and ensure business ethics.

Environmental degradation is another drawback of globalization. Due to transportation and industry, international trade increases carbon emissions. Firms can reduce their carbon footprint using renewable energy (Zafar et al., 2019). Government subsidies and tax cuts may encourage firms to adopt sustainable practices. Also, rigorous environmental restrictions and international agreements may discourage firms from damaging the environment. Firms and governments may reduce globalization's environmental impact by fostering green technologies and sustainable development.

Globalization raises concerns about cultural homogenization. Global media and consumer goods can destroy local cultures. To combat this, firms should use culturally sensitive marketing that respects local conventions. Governments can protect and promote indigenous cultures to prevent cultural absorption from globalization. Supporting local artists, craftspeople, and cultural events can help retain cultural diversity despite globalization's homogenization.

Outsourcing-related job losses have to be addressed. Firms might receive tax breaks or subsidies to keep jobs in the country. Education and retraining programs give people the skills to adapt to shifting job markets in a worldwide economy.

Corporations and governments must work together to mitigate globalization's adverse effects. They may collaborate to establish a more balanced and sustainable global economy that benefits everyone through ethical corporate practices, cultural preservation, and employment development.

 References

Mayer, C. (2021). The future of the Corporation and the economics of purpose. Journal of Management Studies, 58(3), 887–901.

Zafar, M. W., Zaidi, S. A., Sinha, A., Gedikli, A., & Hou, F. (2019). The role of stock market and banking sector development, and renewable energy consumption in carbon emissions: Insights from G-7 and N-11 countries. Resources Policy, 62, 427-436.