Also, I will discuss a representation of how the McDonalds Corporation effects globalization, and how globalization affects Mcdonalds.
Globalization .
is the process of corporate structuring that focuses on a company's core competency on a single, worldwide market, creating growth and profit opportunities through synergies and efficiencies in engineering, sales, purchasing, production and distribution.
is implementation using multi-disciplined solutions developed by personnel empowered to provide local decisions in a horizontal or matrix organizational structure. Global managers must be aware of the implications of their decisions to all areas of the company in order to maximize overall profitability. .
creates synergies and economics of scale by outscoring non-core activities, combining purchasing volumes and centralizing core-related and supported activities to optimize efficient operation. Production and distribution are consolidated to create timely and cost-effective supply of products and services to the customer. .
can be created without staff reduction, or in a company with zero international sales, through acquisition, joint venture, co-production, licensing and other legal structures.
is a vision and thought process as well as a structural process, with both internal and external impact. It affects employees, customers and suppliers. The fundamental precepts of the vision are free flow of commerce, labor and capital, and belief in an individual's ability to significantly and favorably impact larger social and economic systems.
has a frenzied pace and is a dramatic force of worldwide supply and demand. Companies adjusting to its speed discover the force of change is greatly in their favor. Those who cannot adjust find they cannot escape or avoid competitive forces created by this process.
After reading this paper you may be thinking "now what is globalization?" There is not a set definition for globalization.
McGlobalization "We must use terministic screens, since we can't really say anything without the use of terms; whatever terms we use, they necessarily constitute a corresponding kind of screen; and any such screen necessarily directs the attention to one field rather than the other. ...
