GMS 200- Final Exam Guide - Comprehensive Notes for the exam ( 68 pages long!)

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Franklin Ramsoomair

Document Summary

Working today (workforce) diversity - differences in gender, age, race, religion, sex. orientation, ablebodiedness. Prejudice: negative, irrational attitudes to members of diverse pop. Discrimination: actively denies minority members full benefits of org. membership. Glass ceiling effect: barrier limiting career advancement of women+minorities (despite qualification) Loss of national boundaries in world business. Worldwide interdependence of: resources, product markets, business competition, characterizing new economy. To meet demands in different countries, you have to change - products, marketing. Middle east - halal, kosher (i. e. israel) But goal not achieved (so nothing even happened??) Pe(cid:272)ifi(cid:272) for(cid:272)es: custo(cid:373)ers, distri(cid:271)utors, suppliers, go(cid:448)(cid:859)t, (cid:272)o(cid:373)petitors, u(cid:374)io(cid:374)s. General forces: environmental, economic, technological, political, international, demographic/cultural. Core competency setting an organization apart from competitors, giving an advantage in market. Strength, number, interconnectedness of specific&general forces organization has to manage. How sure you are about what and how much future demands will be. Degree to which forces of specific&general environments change quickly over time, thus contributing to uncertainty an organization forces.