Globalization and Outsourcing. Social Sciences Essay (Essay Sample)

Globalization and Outsourcing
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Table of Content
Executive Summary PAGEREF _Toc514485806 \h 3
Segment One: Introduction PAGEREF _Toc514485807 \h 4
Globalization and Expansion PAGEREF _Toc514485808 \h 5
Outsourcing and Offshoring PAGEREF _Toc514485809 \h 5
Segment Two: Globalization and Today’s International Managers PAGEREF _Toc514485810 \h 6
Impact of Globalization: A Business Perspective PAGEREF _Toc514485811 \h 7
Intense Competition PAGEREF _Toc514485812 \h 7
Price Fluctuations PAGEREF _Toc514485813 \h 8
Substandard Quality of Goods PAGEREF _Toc514485814 \h 8
Today’s International Managers: Winning tips amidst fierce competition PAGEREF _Toc514485815 \h 9
Assessing and Understanding the Target Market PAGEREF _Toc514485816 \h 10
Segment 2b): Outsourcing and Offshoring, Telstra Case study PAGEREF _Toc514485817 \h 10
Case Study: Telstra Outsourcing PAGEREF _Toc514485818 \h 11
Challenges of Outsourcing and Offshoring PAGEREF _Toc514485819 \h 12
Outsourcing and Offshoring Opportunities PAGEREF _Toc514485820 \h 13
Reference List PAGEREF _Toc514485821 \h 14
Executive Summary
Globalization is a phenomenon that has swept across most sectors of the globe leaving firms to adjust to the changes that are occurring. The rise of competition Is one example of an aspect that has emerged within the twenty-first century, especially due to a dissolution in trade barrier that marked numerous markets as impenetrable. With globalization escalating gradually, businesses have gained an exposure opportunity to learn more as well as share tips on better ways of approaching futuristic growth. The following report will expound on globalization as a phenomenon, as well as its associated impacts within the modern day era.
From an entrepreneurship perspective, the duties and functions that defined the modern-day capitalist or businessperson, have significantly complicated with time. Ideally, the 21st century, unlike its predecessors, has been defined by a revolutionary economic, educational, political, and social landscapes, elements that have emerged as a result of globalization.