Global Business Essay Example | Topics and Well Written Essays - 2500 words

Global Business - Essay ExampleA bum of this notion of International human imaginativeness management is the creation of linkage or integration between the overall strategic aims of the melodic phrase and the human resource strategy and implementation. The aviation industry as a whole has faced the most challenging problems and competition in the global business (Thehindubusinessline.com.) Despite wise and increasing challenges, the airline industry facilitates economic growth, global trade, and international tourism and continues to restructure, develop and adapt to counter them.The entry of multinationals has also brought in fundamental changes in the work culture, work ethics and remunerating patterns in many countries, all of which have a clear bearing on the c areer growth path of individuals. Added to this are the rapid changes taking place on the technological front, flattening hierarchies and making people come together more than ever before. Multinational companies such as telecommunications, lively phones Steel magnets, automobiles industries, oil companies, are driving and adjusting to globalization and innovation of change by applying many strategies, partnering with or acquiring others mergers and buyouts. The airline industry is going with a period of intense transformation. The airline industry is facing three transforming phenomena. The main reasons areThe decrease of soaring demand for air travel The manner of a new fleet of low-cost carriers The increased transparency of alternative airline offerings Internet and other technologies reduces the expensive itineraries (Warren, 2006, 262)2. organise of the Industry The changing business environment forcing airline companies to constantly innovate their strategies, as per customers needs and demands to remain alive in the competitionSix elements that define organization Strategy Policies and Procedures mental synthesis Systems Climate Culture(Source Yvonne, 2000, p-5)The structure of an org anization is defined asThe established pattern of relationships between the component parts of an organization, outlining both communication, control and authority patterns. Structure distinguishes the parts of an organization and delineates the relationship between them.(Wilson and Rosenfeld, 1990) Structure describes the hierarchy of authority and accountability in an organization. These formal relationships are frequently diagrammed in organization charts. nigh companies use some mi of structures to accomplish their goalsThe advantages of a good structure in airline industries are