Globalization Essay

4353 words - 18 pages

Midterm 2009 session 4
Question No: 51 ( Marks: 5 )
Yousaf has beaten his fellow employee for which his manager has
dismissed him. Evaluate manager’s response in terms of ethical
application of power.
No employee is supposed to get physical with any of the colleagues. Manager’s
decision was the extreme as he could have brought both employees together and
tried to know the problem between them. I see this move as an unethical act by the
Question No: 52 ( Marks: 10 )
What measures should be taken to limitize the union membership by
employees? Explain each in detail.
Question No: 53 ( Marks: 10 )
When do organizational people indulged themselves in ...view middle of the document...

5. Building Relationship. People develop relationships through coalitions,
grouping, networks, and accommodating managerial linkages. Coalitions
are relationships formed over specific issues. Alliances are general
agreements of support among different individuals and groups; and
networks are broad, loose support systems. Relationship building can
either help or harm the organization.
Question No: 54 ( Marks: 10 )
In order to get advantage of each method, will it be a sensible decision to
simultaneously apply all the four methods of job evaluation?
Four methods of Job evaluation
1. Ranking Method: Raters examine the description of each job
being evaluated and assemble the jobs according to their value
to the corporation. This technique requires a team
characteristically composed of both management and employee
delegate to arrange job in a simple rank order from uppermost
to lowest. The most noticeable restraint to the ranking method is
its utter lack of ability to be managed when there are a large
number of jobs.
2. Classification Method: A job evaluation method by which a
number of classes or ratings are defined to explain a group of
jobs is known as categorization method. The classifications are
created by identifying some common denominator skills,
knowledge, and responsibilities with the desired goal being the
criterion of a number of distinctive classes or grades of jobs.
3. Factor Comparison Method Raters need not keep the entire
job in mind as they evaluate instead, they make decisions on
separate phases, or issues, of the job. A basic fundamental
hypothesis is that there are five universal job factors: (1) Mental
Requirements (2) Skills (3) Physical Requirements (4)
Responsibilities 5) Working Conditions.
4. Point Method: Raters assign numerical values to specific job
components, and the sum of these values provides a
quantitative appraisal of a job’s relative significance. The point
method requires selection of job factors according to the nature
of the specific group of jobs being evaluated. After determining
the group of jobs to be studied, analysts conduct job analysis
and write job descriptions. Next, the analysts select and define
the factors to be used in measuring job value and which
become the standards used for the evaluation of jobs.
Education, experience, job knowledge, mental effort, physical
effort, responsibility, and working conditions are examples of
factors typically used.

2008 mid term session 1
Question No: 51 ( Marks: 5 )
Company consults its legal advisor for some legal assistance, what sort of
power that legal advisor will practice?
ANS: The legal advisor will practice the following power:
Expertise: It is a type of power which is possessed by a person due to
personal expertise and knowledge.
Using his expertise and knowledge advisor will provide legal assistance to
the company and help them to get rid of their problems.
Question No: 52 ( Marks: 10 )

Other Essays Like Globalization

Globalization Essay

1097 words - 5 pages OUTLINE OF CHAPTER 1: GLOBALIZATION Opening Case: Flat Panel Televisions and the Global Economy Introduction What is Globalization? The Globalization of Markets The Globalization of Production Country Focus: Outsourcing American Healthcare The Emergence of Global Institutions Drivers of Globalization Declining Trade and Investment Barriers The Role of Technological Change The Changing Demographics of the

Globalization Essay

1261 words - 6 pages is possible because of what we call today Globalization. Without the beginning steps from Marco Polo the world would not be the same as we see it today. But what Marco Polo really did was help create one of the most powerful tools that is able to unite every country on this planet. With Globalization we have numerous tools to help create a better future for the generations to come. But what is Globalization? Based on the article “ Views on


583 words - 3 pages Globalization is defined as “the shift toward a more integrated and interdependent world economy” (Hill, 2009, p. 6). There are different aspects involving globalization. One primary facet includes the globalization of markets that merges “historically distinct and separate national markets into one huge global marketplace” is classified as the globalization of markets (Hill, 2009, p. 6). The advancement of technology has increased international

Globalization - 709 words

709 words - 3 pages Globalization MGT 448 July 19, 2011 Globalization What is globalization, and what are some of the traditional international trade theories that support the concept of globalization? Globalization is defined as a shift towards an integrated world economy (Hill, 2009). Globalization can be explained in many ways, one is the globalization of production. For example

Globalization - 1045 words

1045 words - 5 pages Globalization and Religion Abstract In this paper I will explain how globalization is very beneficial from an economic and business point of view. Globalization can be argued as a tool for economic growth, advancement and prosperity through co-operation between the developed and developing countries. The pro-globalization critics argue that the benefits that globalization brings to developing nations surpasses or outcasts the negative

Globalization - 718 words

718 words - 3 pages Globalization as an aspect of marketing and promoting the growth of the country is becoming a leading component for developing countries. Ways of executing ‘the causes and implications of globalization’ are different and important since each of them has their own characteristics. In the listening material lecturer emphasizes that in today's world one of the ‘key factor’ of the causes is ‘the flight’, as at the present time most of the companies

Globalization - 890 words

890 words - 4 pages A term that has caused great controversy throughout the world regarding financial flow and trade is globalization. Globalization is defined as the integration of the global economy. This topic has vastly taken off in the latter half of the twentieth century. A question running through many people’s minds is if globalization is a threat or an opportunity. There are many different views to consider before answering this question. Examining

Globalization - 1157 words

1157 words - 5 pages Module 1. How do you feel Globalization has shaped your own community? Globalization today is the leading concept in America. Everywhere you go is globalization, it is the key dominant challenge in most communities of the twenty first century. Globalization has meant that with the emergence of a well-integrated global market, national and local policy makers are increasingly being controlled with dramatic implications for the economic

Globalization - 3578 words

3578 words - 15 pages GLOBALIZATION AND PAKISTAN, SOME REALITIES. Ghulam Ali Khan * INTRODUCTION TO GLOBALIZATION: Globalization is a multifaceted phenomenon. The term Globalization is a controversial term and has been defined in several different ways. The word globalization can imply different meaning for different people across the glob. Some focus on the economic aspect and hence emphasize the global economy outlook, whereas some focus on the cultural

Globalization - 737 words

737 words - 3 pages Globalization & Human Resource Management Essay Written by Shante’ Stokes Hampton University Human Resource Management Earl J. Holmes August 14, 2015 The purpose of this paper is to discuss how globalization has impacted Human Resource Management. Globalization is a term in business that refers to the integration of an organization's operations, processes and strategies into diverse cultures, products, services

Globalization - 2756 words

2756 words - 12 pages GL OBALIZATION INTRODUCTION: Globalization" is a term that came into popular usage in the 1980's to describe the increased movement of people, knowledge and ideas, and goods and money across national borders that has led to increased interconnectedness among the world's populations, economically, politically, socially and culturally. Although globalization is often thought of in economic terms (i.e., "the global marketplace"), this process has

Related Papers

Globalization Essay 555 Words

555 words - 3 pages Globalization is necessary in the world. Different theories on the concept of globalization provide distinct reasons on the need for globalization. The world’s advancements and technology help drive the need for globalization. Communities and organizations alike are affected by globalization, and smaller countries benefit from the generosity of larger participants in the world’s market. Globalization, in the business sense, is to make a product

Globalization Essay 663 Words

663 words - 3 pages Globalization is not a single concept that can be defined and encompassed within a set time frame, nor is it a process that can be defined clearly with a beginning and an end. Furthermore, it cannot be expounded upon with certainty and be applicable to all people and in all situations. Globalization involves economic integration; the transfer of policies across borders; the transmission of knowledge; cultural stability; the reproduction

Globalization Essay 782 Words

782 words - 4 pages Running Head: Globalization Student’s Name: Course Code: Instructor’s Name: Date: Globalization: Outline I. Introduction A. An overview of globalization II. Discussion A. Discussion on the positive and negative effects of globalization III. Conclusion A. This part of the report will cover a summary of the findings Introduction Globalization is an increasing unity of various world economies

Globalization Essay 915 Words

915 words - 4 pages Globalization for Businesses Sahar Aziz Critical Thinking and Decision Making in Business - 320 Monday, May 18th, 2015 Professor Jim Scholes Globalization for Businesses Globalization has been taking its course in the world for many, many years. It can be dated back to the times of Genghis Khan and the Silk Road. Trading has been