GMS 200 Study Guide - Comprehensive Final Exam Guide - Globalization, Ford Focus, Work Unit

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Bamidele Adekunle

Document Summary

The shared knowledge of a workforce that can be used to create value. People are the ultimate foundations of organizational performance. The worldwide interdependence of resource flows, product markets, and business competition that characterize the new economy. National boundaries of world business have largely disappeared. Continuing transformation of the modern workplace through the internet, www, computers, and information technology. Increasing demand for knowledge workers with the skills to fully utilize technology. Workforce diversity reflects differences with respect to gender, age, race, ethnicity, religion, sexual orientation, etc. A diverse and multicultural workforce both challenges and offers opportunities to employers. Society requires businesses to operate according to high moral standards. Emphasis today on restoring strength of corporate governance. Career of 21st century won"t be uniformly full-time and limited to a single large employer. A collection of people working together to achieve a common purpose. Organizations provide useful goods and services that return value to society and satisfy customer needs.