Chapter

Global Organizations in a Changing World

Rabi S. Bhagat

in Global Organizations

Published in print June 2017 | ISBN: 9780190241490
Published online May 2017 | e-ISBN: 9780190671143 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780190241490.003.0001
Global Organizations in a Changing World

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During the past four decades, there has been a significant growth of organizations that function across borders and cultures. These organizations are not necessarily Western or European in origin. The functioning and evolution of global organizations are topics of considerable importance. This chapter discusses the role of increasing interdependence among nations as a context for the functioning of global organizations. The chapter presents the rationale for going global and discusses the framework for understanding the differences among countries and institutions that present opportunities and barriers. Global organizations function in an increasingly complex and dynamic environment, as is clearly evidenced by Brexit. The concept of tariff-free transactions resulting in economic blocs guided most of the economic activities of these global organizations in the twentieth century. Recent events cast doubt as to their viability and effectiveness. The chapter discusses these issues and presents the various challenges that globalization creates for these organizations.

Keywords: global organization; trade bloc; globalization; management; opportunity; barrier

Chapter.  10799 words. 

Subjects: Social Psychology

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