How might a company’s diversity of employees, customers, and suppliers affect its success in today’s global business environment?

What is important for this assignment is your ability to generate ideas.
August 5, 2017
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How might a company’s diversity of employees, customers, and suppliers affect its success in today’s global business environment?

In this week’s reading, you have read about some aspects of business in the global environment and about the rewards and challenges that come with a more diverse environment. You have also encountered the idea of “global outsourcing” and “global supply chain management.” The readings explored how new technology developed in a distant land, and changes of political alignments , can impact global business operations and ripple across the world to affect all types and sizes of businesses.

Post by Day 3 a 150- to 500-word statement in the Discussion thread that responds to all of the following:

  • What are some of the global forces that affect businesses today?
  • Give an example of how a specific business, company or industry has been, or could be, affected by global forces ?
  • How might a company’s diversity of employees, customers, and suppliers affect its success in today’s global business environment?

Support your work with specific citations from the Learning Resources. You are allowed to draw from additional sources to support your argument, but you must cite using APA standards. All quoted material must be identified, cited, and referenced per APA standards.

You are encouraged to enrich your posting with your personal examples, experience, or insights.

Edit your postings carefully for spelling, grammar, and punctuation errors.

Respond by Day 6 with at least 75 words each to two or more of your colleagues’ postings in one or more of the following ways:

  • Ask a probing question.
  • Share an insight from having read your colleague’s posting.
  • Offer and support an opinion.
  • Make a suggestion.
  • Expand on your colleague’s posting.

Required Resources

Readings

  • Jones, G. R., & George, J. M. (2014). Essentials of contemporary management (6th ed.). New York, NY: McGraw-Hill.
    • Chapter 3, “Managing Ethics and Diversity” (pp. 78–117)

      This chapter addresses concepts of ethics and beliefs about right and wrong. The concept of stakeholders and their importance and effects on organizations and decision makers are also discussed. The authors examine the reality, value, effects, and challenges of increasing diversity in the workforce and the general environment, as well as the reality of workplace harassment and how it is dealt from a practical and ethical viewpoint.

      Focus on the definitions and concepts provided throughout this chapter. After reading this chapter, ask yourself if you have a clear understanding of your own ethics. Do you operate according to your own clear understanding of right and wrong? Are there behaviors that you consider virtuous or wrong? What do you really think of the course text authors’ advocacy of utilitarian ethics? Do your ethics manifest in the way that you interrelate with others and make decisions in the workplace? Do you really value a diversity of opinions and perspectives? What, if anything, do race, ethnicity, nationality, gender, or age have to do with having access to or ensuring a diversity of opinions and perspectives? How would you, as a manager, deal with an incident of workplace harassment based on race, ethnicity, nationality, gender, or age?

    • Chapter 4, “Managing in the Global Environment” (pp. 118–153)

      This chapter addresses the global environment of business. The subject is divided into two parts: (1) the big picture or general environment that all industries or businesses operate within, and (2) the more specific task environment of suppliers, distributors, customers, and competitors that influence managerial decision on a daily basis. The authors also examine the global forces and factors that contribute to rapid change in those environments, as well as how a change or trend in one of those factors can affect a specific business, region or entire national economy. The emphasis of this chapter is on smart adaptation to changing conditions by knowledgeable, sophisticated and flexible managers.

      Focus on the definitions and concepts provided throughout this chapter. After reading this chapter, ask yourself, which products or service that you use originate in some form from an overseas location? In what way does the company that you work for benefit and/or is damaged by products or services from an overseas location? Which businesses in your community, state or region benefit from the ability to sell to overseas markets? Which business do you know are not taking advantage of overseas markets or resources to stabilize or grow? What do you, as an actual or potential manager, need to do to better prepare yourself to be successful in the changing global business environment?

    ***You should already have the login info for the textbook…..

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