ARBUS101 Lecture Notes - Lecture 2: Free Trade, Target Canada, Global Affairs Canada
16 Sep 2019
School
Department
Course
Professor
Document Summary
Increased access to resources / suppliers: cheaper / better quality, allows businesses to focus on what they do best. Increased access and connectivity leads to more options / choices: better quality, lower prices. Travel opportunities that can allow personal development. Work for a wider variety of companies and employers. Greater exposure to different cultures and communities. Interact with customers, clients or business partners in different parts of the world (global perspective and experience) Employees value the experience (especially for management and leadership roles). Personal loss of jobs (due to outsourcing) Work continues 24 / 7, time zones can be a problem. Cultural differences (incl. law and ethics) (child labour practices) You either understand your own market very well or you try and understand the global market and use that to your advantage: mcdonalds. Taking advantage of the preexisting stereotypes and norms (even though they might be untrue) and capitalizing on them: target canada.
