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21st CENTURY GLOBALISATION

The module focuses on various patterns and processes of globalisation along with the global challenges which are critical in the 21st century. The module provides learners with frameworks and scenarios on social science for understanding and analysing conceptualisations on globalisation. Various aspects of global trade and governance, migration and Information technology are deemed extremely critical as being the drivers for globalisation. In this regard, the module also considers the implications and challenges for globalisation in the future.

Learning Outcomes

LO1. Understand Globalisation and the drivers of Globalisation in the 21st century

LO2. Critically evaluate the role and impact of globalisation on the inequalities of the 21st century world

LO3. Examine and understand the aspect of expatriation and role of expatriate management in global scenario.

LO4. Analyse the demographic, political and social processes that cause changes in the global world today.

Assignment Task 1:Report on Organisation [100 Marks]- Maximum 4500 words +/- 10%

Read the following Scenario and prepare a Report with the guidelines provided.

Scenario: You are hired as a management consultant for a chosen multinational organization (you may choose any one from the Fortune 500 list or an organization located in your home country or the company you work for). As a consultant, you are assigned to study the impact of globalization and make interventions addressing the following:

1.Evaluate how drivers of globalization in the 21st century has affected your organization and the people of your country. [30 Marks]

1. Assess the impact of “Global Market Convergence” on the business of XYZ. [10 Marks]
2. Evaluate the effect of “Cost Advantages” on any one of XYZ’s product/service. [10 Marks]
3. How is “Global Competition” affecting the (imports and exports) or (interdependence) of XYZ? [5 Marks]
4. Elaborate and discuss the level of “Government Influence” in the country of headquarters of XYZ. [5 Marks]

2.Critically evaluate how globalization has affected the inequalities in various countries in the 21st century world (you may choose three or more countries around the world). [25 Marks]

1. Create a comparison among the three countries using the determinants of inequality [10 Marks]
2. Explain any two models from research focused on determinants of inequality. [10 Marks]
3. How can your selected company XYZ extract benefit from the inequalities of globalization. [5 Marks]

3.Discuss how the organization would cope with the challenges of expatriate management of the employees of the chosen organization relocating to various locations around the world (choose two different countries where your employees would be relocating with their spouse and children). [25 Marks]

1. Highlight the challenges of expatriate management for the company XYZ for two potential countries of your choice other than the home country of the XYZ. [10 Marks]
2. Discuss the possible pathways to cope with such challenges exploring best practices in expatriate management. [10 Marks]
3. For hiring, which IHRM orientation would you prefer for company XYZ and why? [5 Marks]

4.Analyse the demographic, political and social processes that cause changes in the company XYZ. [20 Marks]

1. Explain the influence of globalization (any three) on the home country of the company XYZ. [8 Marks]
2. Is there any “Regional” body your company XYZ belongs to. If yes, what are the pros and cons of being a member to such a body. If not, discuss the pros and cons of not being a member to any regional body. [8 Marks]
3. What measures will you take to bring a global culture in the company XYZ? [4 Marks]

References: You should use the Harvard Referencing System (HRS) correctly throughout in your report.