Globalisation Essay Example | Topics and Well Written Essays - 2500 words - 2

Globalisation - Essay Example The reason for this is based on the tremendous amount of positives that come hand in hand with the facets of globalization. Hence in order to fully understand the intricate details related with globalization, one must base a sound belief on the strengths related with production and marketing. Once again, it is important to touch upon the exact definition of globalization before moving ahead any further (Hersh 2000). I define globalization as â€Å"the cumulative basis of strengths, transferred from one world region to another, in a capacity that derives opportunities for all the major and minor stakeholders, time and time again.† When one tries to establish the exact basis of production and marketing globalization, the four significant drivers need to be understood in a proper fashion, as these form the core essence of globalization in the first place. These four drivers are the use of Information Technology, the Just in Time and Total Quality Management business processes to speed up work activities, the Sales Force Automation quarters, and lastly the Outsourcing mechanisms which have had a huge say in building growth and development within the globalization auspices on a proactively consistent basis. The four drivers have played their essential roles within the acceleration processes of globalization in the last decade or so. This has happened with the influx of resources and budget more importantly. This has also happened because the top management domains within the organizations that have chosen globalization for their own selves, have understood that globalization indeed is a force to reckon with (Tayl or 2002). They have accepted the challenges thrown their way and have clearly realized the potential of globalization within the broader contexts. These four drivers are essentially the instigating mechanisms of change within the modern day organizations. Their roles have had a huge say in outlining the proper structure of the