What is global business management?
Global Business Management is a way of managing the business at global level which results in optimum utilization of resources and cost cutting. The main aim is to make business Sustainable.Key Features of Global Business Management :-Marketing knowledge and skills that can be applied across industries and profit and not-for-profit organizationsEntrepreneurship for those interested in starting their own business, but with a current or future global reachInformation Systems skill to manage their information systems while working in a global environmentGlobal Management Consulting is very important for business these days. More and more business are connecting them to digital Transformation Services for better growth. If you are looking for any Global Management Consulting or Business Advisory Services firm then I could suggest you Zinnov, a leading research , consulting and advisory company with core expertisation in digital Transformation .
What is the definition of global management?
I don't believe there is any single accepted definition. But I usually see it used to refer to environmental issues. The concept is that a single authority should have the power to dictate (and enforce) what should be done to "protect the environment". LOTS OF LUCK!!!!! Try explaining to some poor slob making a subsistence living why he shouldn't cut down trees to house his family. I'm afraid it is a very empty theory.
Who knows about the Global Management Challenge?
Global Management Challenge (GMC) is a strategic management competition for managers and university students. Participants form teams of 3-5 members, and each team is placed in a group of 5-8 teams, depending on the round of the competition. The teams are then given a virtual company, initially identical to every other company in the competition. Each team then develops their company by making a series of decisions relating to every aspect of the business, such as how many machines to buy, or how much to spend on advertising. In each round, five sets of decisions are taken, corresponding to five quarters. A quarter is a period said to span three months.These decisions - made on the Decision Sheet - are run through sophisticated business simulation software, which generates in-depth Management Reports, showing the consequences of the decisions. The aim is to finish the game with the highest share-price on the virtual stock exchange.The competition is divided into rounds with usually 3 or 4 rounds on national level and 2 rounds on international level. The number of national rounds can vary in each country and depends on number of participants. Some countries use slightly different approach and combine Global Management Challenge with other competitions. In India teams compete in another competition which is more sector related (e.g. they run a car manufacturing company) and the last 8 teams join GMC national final. Also in Germany the participants play GMC only in their final round. As it might seem interesting it brings disadvantage to those teams because they are not so familiar with the simulation compared to other teams on the international level.Source:WikipediaThank you!
Write an essay on the Supply Chain Management for Global Competitiveness?
Hello... CHALLENGES OF GLOBAL SUPPLY CHAIN MANAGEMENT Introduction Rapid growth of globalisation has enabled the developed countries to gather the motivation for making investment in developing countries. The developed countries nowadays are investing in different sectors of developing countries. Acknowledging the increasing rate of investment of the developed, the entrepreneurs of the developing countries are setting up the necessary infrastructure and facilities to produce low-cost goods for retail and consumption in the developed countries which are usually European countries and North America. Along with the rise of such trend a new concern has emerged within the core of globalisation and that is regarding the ethically responsive initiatives within the global supply network. This concern has emerged because the usual scenario observed is that, the ones with the power to influence takes advantage or exploits the ones who are weak in power or are highly dependant... You can get more info here:
What is the importance of viewing management from global perspective?
You have to take in to consideration all possible factors when it comes to managing, let's say: a business. You have to know what could possibly happen to the business, and what to do when it happens. You have to be open-minded and see the bigger pictures. You need to view every opportunity and global feature and take it to your businesses advantage.
What is the difference between a global business management and international business management course?
That’s a quite tricky question to start the day with. It is more to do with the nomenclature; global versus international. Are they different? Does anything separate the two? Well, I guess it has more to do with the working language and the contextual nature in which the two words are used. The word “global” is an adjective which means “concerning the entire earth” and the word “international,” on the other hand, is an adjective which means “concerning two or more nations.” The scope of the two words therefore are quite different and when the context is a course, one can imagine that a course titled Global Business Management will have a greater scope to accompany whilst an International Business Management Course will have lesser scope. Quite frankly, though none of which is true. Both the words in a more practical scenario is interchangeably used and which makes up for all the differences that are largely literary in nature.There are several institutes, universities or colleges which offer International Business Management course and there are quite a few offering courses titled, Global Business Management course. The content or the pedagogy or the assessment pattern may have a difference marginally, but the output or let us say the eventual skill set may be more to do with the practicality of it; which is common in most cases.Something that also needs mention here. International for most cases remained the word in use for the longest time, until the advent of the term Globalization in the mid 80’s which caught the imagination of the masses. The term Global sneaked in to be a word in use more often and riding on the term and the moment quite a few of them (read education stakeholders et al) used it for launching courses and program.Source of some of the information here: Difference Between Global and International
How good is the Global Management program at XLRI Jamshedpur? What is the placement record?
As XLRI - Xavier Labour Relations Institute moved from a desi to a Global brand Xavier School of Management, it envisaged Global MBA, a 2-year full-time AICTE-approved programme designed considering the current business needs and demands from business leaders.Apart from the rigorous academic curriculum, the students get the opportunity to learn from the three leading economies in the world. They undergo live internships at each of the three countries along with a full-time summer internship in home country (India for us) to understand how businesses are run in these countries. They participate in all the events that these 3 universities/colleges offer while conducting their own events also. XLRI is ranked 4th in India, Weatherhead ranks in top 100 in the world and Tongji University ranks amongst top 10 in China. The batch sees a good mix of freshers as well as work-ex people, with top professors drawn in for the course from each of the three colleges. ROI is good for the learning, networking, exposure, branding and skills developed.No doubt, the course has been willingly accepted by the industry with all the students getting readily placed. The highest package for 2016 batch stood at 56 LPA (domestic), average at 19.25 LPA and minimum 12 LPA. Both batches of 2015 and 2016 saw many international placements in top firms. The course is well supported by the XL Alumni Network who are fascinated by the tremendous opportunities this course offers in today's world.