dhanushkahrmba

  Introduction to Globalization Background to Globalization:  International Business evolved from the age of World War I (1919) & World War II (1939). The economies of several countries were down. Exports & imports were restricted due to unhealthy relations.  Then the world war countries found the need for international cooperation in global trade. This led to the formation of the IMF (International Monetary Fund) & World Bank. The attempt of these advanced countries ended with the GATT (General Agreement of Trade & Tariffs) & gradually GATT was replaced by WTO (World Trade Organization) in 1995. Hence the efforts of the IMF, World Bank & WTO led to the globalization of business during the 1990s. Globalization: Doing business in more than one country Operating and expanding the business throughout the world Establishing manufacturing and distribution facilities in any part of the world Global organizational structures...

  What is employee morale?           Employee morale is a mental condition or attitude of individuals and groups that determines their willingness to cooperate. Good morale is evidenced by employee enthusiasm, voluntary confirmation of regulations and orders, and a willingness to cooperate with others in the accomplishment of an organization’s objectives. Poor morale is evidenced by surliness, insubordination, a feeling of discouragement, and dislike of the job, company, and associates.   Employees’ morale may be defined as an intangible concept that refers to how positive and supportive a group feels toward the organization to which it belongs and the special feelings members of the group share with others, such as trust, self-worth, purpose, pride in one’s achievement, and faith in the leadership and organizational success.  defines employee morale as the general level of confidence or optimism experienced by a person or a group of people,...