Globalisation Flashcards

1
Q

What is globalisation ?

A

It is a term used to describe the different operations that can be reached in terms of expanding internationally to access a diverse range of people and resources

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2
Q

What are the benefits of globalisation ?

A

It gives businesses a wider market reach in terms of customers, stakeholders, brands, products and labour migration

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3
Q

Effects of globalisation on HR ?

A

Access to larger supply of employees across different backgrounds which diversifies the workforce. Investment in training to bridge barriers and need to recognise cultural differences of employees

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4
Q

What are the drawbacks of globalisation ?

A

costly and time-consuming to attend cultural differences of workforce, quality of business could be inconsistent

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5
Q
A
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