Globalisation and Mangerial Challenges
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Globalisation has resulted in the gains in the world of trade, however, distributive justice has always been at stake in any type of political and economic system. Outsourcing, tele-communication software and technological innovations have made it possible to shift the production activity anywhere at the globe call centres, medical transcription are some of the examples of this nature. The present era of globalisation of finance markets, the economics of developing countries like India have became highly vulnerable to speculative capital movements within and outside the country. Vertical and horizontals menges and acquisitians have became order of the day. MNC’s are wealthier than the countries in which they invest. They have enoraunous barganing power in corrupting the political system of developing countries to extract the maximum benefits for their organisations. Developed nations like USA and many other European countries have not only tried to impose the globalisation agenda on developing countries through WTO but they have also protected their intrests. The kind of developments taking place at international level show that international economic order is moving towards unipolarisation. There is an urgent need to strengthen the democratic process at the international level.
This sort of shift in the economic and business atmosphere throughout the world has created an environment conducive to an enterprise and has boosted India's efforts at accelerated industrialisation to improve international competitiveness. Indian industry is undergoing massive re-structuring and striving hard to induct new technoloy and to produce quality, cort, energy efficient and environment friendly products to became globally competitive. In this situation, the role of managers has assumed greater significance because they can strike at the root cause of disease affecting, efficiency, productivity and profitability of the business entities.
This book is an attempt to focus the important issues to face the challanges posed by the globalisation and liberalisation.
| Common | |
| Author | S. G. Sharma, N. D. Mathur, S.C. Bardia |
| Binding | Hardcover |
| Edition | 1 |
| ISBN | 81-7132-440-1 |
| Language | English |
| Number Of Pages | x+229 |
| Publication Year | 2019 |
| Publisher | Pointer Publishers, Jaipur |