Globalization

Developing a Global Mind$-$set

When companies operate in more than one country, they must use international management to control their operations. International management uses the same functions as regular management: planning, organizing, leading, and controlling, but it is subject to more risk and difficulties than management in the company's home country. The world today has become borderless. Because of the Internet and the diversity of people, even a small organization, located in one town, faces international competition and issues.

Globalization refers to how environmental elements such as investments, information, social and cultural ideas, and political cooperation flow between countries, Globalization makes countries more interdependent on each other.

refers to the extent to which trade and investments, information, ideas, and political cooperation flow between countries.

Which of the following are ways in which you can improve your global mind$-$set? Check all that apply.

Talk about your culture with someone from a different culture.

Build a relationship with someone from a different culture.

Take an active interest in learning about world affairs.

Learn additional languages.