Uttara university

Department of fashion design & technology

Assignment
On
How Globalization impact on organizational behavior in
the corporate sectors

Submitted to
H. M. Nadim Khan
Lecturer
Department of Fashion Design & Technology
Uttara University

Submitted by
Name: - Sadia Jaman Nishu
ID: - 2193401071
Batch: - 22nd
Course code: - IE-3015
Course Title: - Organizational behavior

Submitted date: - 10-11-2021

What is Global Village?
Global Village is a social or cultural system based on information and
communication technology, where people from all over the world live in a single
society and use ICT to easily share their thoughts, culture and culture with each
other. Collaborates.
Global village is such an environment where the world considered as a single
community in which telecommunications link the inhabitants together.

In other words, Global village is an idea where all the people of the world will live
as a single society and provide communication and services to each other through
the use of information and communication technology. That is, the world based on
information and communication technology is called Global village.

What is Globalization?

Globalization is the process of interaction and integration among people,

companies, and governments worldwide. Globalization has accelerated since the
18th century due to advances in transportation and communication technology.
Economically, globalization involves goods, services, data, technology, and the
economic resources of capital. The expansion of global markets liberalizes the
economic activities of the exchange of goods and funds. Removal of cross -border
trade barriers has made the formation of global markets more feasible. Advances in
transportation, like the steam locomotive, steamship, jet engine, and container
ships, and developments in telecommunication infrastructure, like the telegraph,
Internet, and mobile phones, have been major factors in globalization and have
generated further interdependence of economic and cultural activities around the
globe.

Globalization is the word used to describe the growing interdependence of the

world’s economies, cultures, and populations, brought about by cross-border trade
in goods and services, technology, and flows of investment, people, and
information. Countries have built economic partnerships to facilitate these
movements over many centuries. But the term gained popularity after the Cold
War in the early 1990s, as these cooperative arrangements shaped modern
everyday life. This guide uses the term more narrowly to refer to international
trade and investment among advanced economies, mostly focusing on the United
States.

Examples of Globalization-
Globalization is growth on a worldwide scale. It is the process of integration and
international influence of economies and cultures. In the examples of globalization
below, you'll see that it's not only an exchange of goods, but also an exchange of
ideas and even anti-terrorist protections. The more technology advances and the
more transportation improves; the more global outlets are revealed. Let's take a
look at the many ways in which the world is advanced by methods of globalization.
Here are some examples:
 Multinational corporations operate on a global scale, with satellite offices
and branches in numerous locations. This means multinational companies
can stay open virtually 24 hours a day and service customers no matter
where they're located.
 Outsourcing can add to the economic development of a struggling country,
bringing much needed jobs. If a powerful organization is able to outsource
its call center to a developing country, that creates a new class of jobs for
people who may not have had that opportunity otherwise.
 Some automobiles use parts from other countries. A car being assembled in
the United States may import parts from Japan, Germany, or Korea. This
creates a whole new avenue for trade, when the United States has to pay for
certain parts from around the world, wait for them to be shipped, and then
resume localized production.
 The European Union is an economic and political union of 28 countries.
When you consider the resources that these countries can pool together, it
can be said that they stand stronger. Immigrating from one country to
another is easier, currencies are more easily exchanged, and tourism is
encouraged.
 Consider how one shirt sold in the United States might have been made from
Chinese cotton by workers in Thailand. From there, that same shirt may
have been shipped on a French freighter that hosted a Spanish crew. Now,
people from four different countries have had a hand in the production
process before the shirt arrives in a fifth country to be put on sale.

Improved travel facilitated the growth of globalization, as people moved for a

better job or a better life. Migrants also fled from danger or oppression. People
can pack up all their belongings and have them shipped anywhere in the world.
Planes are faster, frequent, and, often, more affordable. Food is another factor
of globalization. Indian food, for example, is certainly not only limited to India.
Rather, we can dine on Indian delights in America, all across Europe, and
beyond. Certain affections for other cultures can begin with one delicious dish
and then advance to other areas of cultural intrigue.

Although technology, transportation, and the arts are major motivators within
the vehicle of globalization, there are other enjoyable components too, from
international sports to relief groups like the Red Cross. Here are a few closing
examples:

 The Olympics began in ancient Greece and continue today. Now, people
from all across the globe come together to compete in a wide array of
sports and games.
  The FIFA World Cup has more viewers than any other sporting event in
the world. Even though only a handful of countries compete all the way
through to the finals, people all across the globe sit down and watch the
same match on TV, no matter their location
 Travel and tourism allows for the globalization of many things, like the
exchange of money, cultures, ideas and knowledge. There are countless
options to make travel more affordable, including budget airlines and
low-rate hostels. This allows people to explore further and wider than
was ever possible before.
 The United Nations is an intergovernmental organization that promotes
cooperation in many areas including human rights, peace, and economic
development. With one phone call or email, people from all across the
globe can come together to ensure the rights of human beings are
protected.
 Organizations such as the Red Cross can respond more swiftly to
disasters around the world. They have a wider network, more offices, and
staff members who are willing to travel or even relocate in the wake of
natural disasters.

The Pros and Cons Of Globalization-

Pros :-
Supporters of globalization argue that it has the potential to make this world a
better place to live in and solve some of the deep-seated problems like
unemployment and poverty.
 Free trade is supposed to reduce barriers such as tariffs, value added taxes,
subsidies, and other barriers between nations. This is not true. There are still
many barriers to free trade. The Washington Post story says “the problem is
that the big G20 countries added more than 1,200 restrictive export and
import measures since 2008.
 The proponents say globalization represents free trade which promotes
global economic growth; creates jobs, makes companies more competitive,
and lowers prices for consumers.
  Competition between countries is supposed to drive prices down. In many
cases this is not working because countries manipulate their currency to get
a price advantage.
 It also provides poor countries, through infusions of foreign capital and
technology, with the chance to develop economically and by spreading
prosperity, creates the conditions in which democracy and respect for human
rights may flourish. This is an ethereal goal which hasn’t been achieved in
most countries
 There is now a worldwide market for companies and consumers who have
access to products of different countries.
 Globalization has given countries the ability to agree to free trade
agreements like NAFTA, South Korea Korus, and The TPP. True but these
agreements have cost the U.S. many jobs and always increase our trade
deficit.
 Labor can move from country to country to market their skills. True, but this
can cause problems with the existing labor and downward pressure on
wages.
 Most people see speedy travel, mass communications and quick
dissemination of information through the Internet as benefits of
globalization.
 Socially we have become more open and tolerant towards each other and
people who live in the other part of the world are not considered aliens. True
in many cases.
 There is cultural intermingling and each country is learning more about other
cultures.

Cons :-
 The general complaint about globalization is that it has made the rich richer
while making the non-rich poorer. “It is wonderful for managers, owners and
investors, but hell on workers and nature.
 Globalization is supposed to be about free trade where all barriers are
eliminated but there are still many barriers. For instance161 countries have
value added taxes (VATs) on imports which are as high as 21.6% in Europe.
The U.S. does not have VAT.
  Workers in developed countries like the US face pay-cut demands from
employers who threaten to export jobs. This has created a culture of fear for
many middle class workers who have little leverage in this global game.
 Large multi-national corporations have the ability to exploit tax havens in
other countries to avoid paying taxes.
 Building products overseas in countries like China puts our technologies at
risk of being copied or stolen, which is in fact happening rapidly.
 The anti-globalists also claim that globalization is not working for the
majority of the world. “During the most recent period of rapid growth in
global trade and investment, 1960 to 1998, inequality worsened both
internationally and within countries. The UN Development Program reports
that the richest 20 percent of the world's population consume 86 percent of
the world's resources while the poorest 80 percent consume just 14 percent.
 Some experts think that globalization is also leading to the incursion of
communicable diseases. Deadly diseases like HIV/AIDS are being spread by
travelers to the remotest corners of the globe.
 Social welfare schemes or “safety nets” are under great pressure in
developed countries because of deficits, job losses, and other economic
ramifications of globalization.

Corporate culture in the developed country-

Corporate culture refers to the beliefs and behaviors that determine how a
company's employees and management interact and handle outside business
transactions. Often, corporate culture is implied, not expressly defined, and
develops organically over time from the cumulative traits of the people the
company hires.
In recent years, growth of the Internet and the World Wide Web has had an impact
on the way local, state and national governments work. Use of information
electronically in government, popularly known as e-government, is on the rise. E-
government is described as the use of technology to enhance the access to, and
delivery of, government services to benefit citizens, business partners and
employees.
E-governance in broader perspective encompasses all the key factors in
governance – better delivery of government services to citizens, improved
interactions with business and industry, employee and citizen empowerment
through access to information, and more efficient management, the use of Internet
infrastructure to transform delivery of government services.
Four perspectives are used to understand e-government initiatives: e-business
perspective to understand how the information and communication technologies
are used to increase government services offered; end user citizen perspective;
understanding employees’ contributions to facilitate e government processes
(knowledge perspective); and process perspective to understand how government
service delivery can be made more efficient.

In a world where the number of multinational companies is growing, the creation

of one shared global corporate culture has become essential to hold a company
together. International companies strive to convey their corporate culture globally,
in order to enable shared values and beliefs across borders.
However, is a collective view of the corporate culture possible to achieve? The
objective of this thesis is to identify potential differences of the corporate culture in
a multinational company by comparing its Swedish and Turkish organization, and
furthermore explain why these potential differences exist. The results of the
research demonstrate that the members of the two organizations interpret the
corporate culture differently although some cultural elements are similar. This
result in two different actual corporate cultures, that mainly varies in hierarchical
structure, communication, and entrepreneurial spirit. The authors explain the
differences by the variation in national cultures and how those affect the behavior
of the organizational members.
Different cultural groups experience different things and ‘the same things’
differently. In conclusion, the authors suggest that a shared view of the corporate
culture across borders is impossible to achieve. Further on, they consider that a
unified corporate culture is not necessarily required and a strong corporate culture
is rather achieved through a balance between local adaptation and global
belonging.
Keywords: Corporate culture, national culture, global belonging, national cultural
dimensions,
multinational companies, supra-identity, Turkey, Sweden, local adaption.

Corporate culture in BD (Private+ Public Sector)

Organizational culture by the frontline bureaucrats in Bangladesh. Culture scholars
argue that organizational culture—commonly defined as the beliefs, values,
attitudes, and practices of the members of an organization—is a powerful force in
determining the health and well-being of an organization. Scholars also suggest the
existence of different dimensions of organizational culture.
Although they do not agree in naming these dimensions, commonalities are found
in their understanding. How organizational culture is practiced by the frontline
bureaucrats in Bangladesh has not been studied much. A study was designed to
know how the frontline public bureaucrats practice organizational culture and how
they differ in their practices along their service lines.

Four dimensions of organizational culture—power distance, uncertainty avoidance

tendency, participation, and team orientation—were considered. The chosen
culture dimensions impact the overall management of any public sector
organization.
Three hundred and twenty-six frontline public bureaucrats were studied using a
survey questionnaire. Both descriptive and inferential statistics have been used for
analyzing the collected data. Findings from independent samples t-tests revealed
that the frontline bureaucrats significantly differ along their service lines in
practicing the culture dimensions.

We need to adopt from globalization to furnish our corporate culture-

Globalization impacts businesses in many different ways. But those who decide to
take on international expansion find several benefits :-
1. Access to New Cultures-
Globalization makes it easier than ever to access foreign culture, including
food, movies, music, and art. This free flow of people, goods, art, and
information is the reason you can have Thai food delivered to your apartment as
you listen to your favorite UK-based artist or stream a Bollywood movie.
2. The Spread of Technology and Innovation
Many countries around the world remain constantly connected, so
knowledge and technological advances travel quickly. Because knowledge
also transfers so fast, this means that scientific advances made in Asia can be
at work in the United States in a matter of days.
3. Lower Costs for Products
Globalization allows companies to find lower-cost ways to produce their
products. It also increases global competition, which drives prices down and
creates a larger variety of choices for consumers. Lowered costs help people
in both developing and already-developed countries live better on less
money.
4. Higher Standards of Living Across the Globe-
Developing nations experience an improved standard of living—thanks to
globalization. According to the World Bank, extreme poverty decreased by
35% since 1990. Further, the target of the first Millennium Development
Goal was to cut the 1990 poverty rate in half by 2015. This was achieved
five years ahead of schedule, in 2010. Across the globe, nearly 1.1 billion
people have moved out of extreme poverty since that time.
5. Access to New Talent-
In addition to new markets, globalization allows companies to find new,
specialized talent that is not available in their current market. For example,
globalization gives companies the opportunity to explore tech talent in
booming markets such as Berlin or Stockholm, rather than Silicon Valley.
Again, International PEO allows companies to compliantly employ workers
overseas, without having to establish a legal entity, making global hiring
easier than ever.

Thank You