BUS 082 Lecture Notes - Lecture 3: Strategic Alliance, Telecommuting, Offshoring

• School: College of The Sequoias
• Department: Business (BUS)
• Course: BUS 082
• Professor: gradin

Document Summary

The collection of activities that build and maintain ongoing, mutually beneficial ties with customers and other parties. An affiliation of two or more companies that help each other achieve common goals: strategic alliance: A partnership formed to create a competitive advantage for the businesses involved; in international business, the business strategy of one company partnering up (see amazon) Today"s business workforce: reliable workers dedicated to promoting strong ties with customers and partners, capable of efficient, high-quality production, able to compete in global markets, technically savvy and innovative. Changes in the workforce: the aging population/shrinking labour pool. Many baby boomers are hitting the peak of their careers, while generations x and y are launching their careers. More generations mixing in the workplace than ever before. Technology has intensified the hiring challenge by requiring workers to have ever-more advanced skills: increasingly diverse workforce. Two-thirds of canada"s population growth is due to international immigration, particularly from asia.