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Write a 10 pages paper on global school of business management. The actions it would take to reach those goals and the resources it would utilize for reaching those goals and, most importantly, the pr
Write a 10 pages paper on global school of business management. The actions it would take to reach those goals and the resources it would utilize for reaching those goals and, most importantly, the procedures it would put in place to measure the extent to which it has been able to achieve the goals it had set for itself prior to embarking on this venture (Holtz 1994). Thus, a business plan is essentially a road map for the organization to achieve its stated objectives (Tyson and Schell 2008).
With a veritable explosion in globalization and a consequent exponential increase in business activities that span across continents and political frontiers the need for suitably educated and properly trained individuals to manage such gargantuan workload in an efficient and effective manner has also increased manifold. People who have an MBA (Masters in Business Administration) are equipped with precisely those skills that are required to manage transnational corporations and thus the craze for obtaining an MBA degree is increasing by leaps and bounds with each passing day (Scalzo 2008).
The subjects that are intended to be taught at GSBM would include strategic management, marketing management, human resource management, adequate knowledge and expertise in finance and accounts, proper induction in the nuances of information technology, imparting the tools and techniques employed by managers in collecting business, and, most certainly, sufficient knowledge about diverse cultures as cultural competency of an organization is imperative to survive and prosper in global market conditions.
There is an immense impact of culture on the negotiating process as negotiating practices vary from culture to culture and the manner in which people conduct themselves during negotiation process depends almost entirely on the cultural context of each country (Weiss 1994). Thus having a broad idea about prevailing cultures and being careful not to transgress the sensitivities of people belonging to alien cultures is an important lesson.