The paper "Impact of Trade Unionism on Companies" is a good example of marketing coursework. Organizations and companies are exposed to global forces of demand, supply that they have to respond to. The international market competition makes it inevitable for companies to up their game. The company has to survive by being relevant to global issues and concerns. This would include population changes and political developments, instead of being protected by the local environment. Organizations have no option but to be keener in studying the international markets and business environment if they have to remain competitive and outdo their competitors and remain relevant in the business. Technology Technology plays an important role in any organization.
This is because it affects the costs of operations. Organizations have a duty to follow up the emerging trends in methods of production as this would affect their profit margin. Given that today’ s globalised world is characterized by increased automation, organizations should always study the market and shop for better quality machines and tools that will make the organization's operations to be faster and cheaper. This would help the organization be able to compete with its competitors at the international levels.
Failure to put this into consideration may result in a company having its products fetching higher prices at the international market due to high production costs. This would make its competitors outdo it in the market (Hogan, Curphy & Hogan 1994, p. 493-504). Employee handling and staffing (trade unionism) Trade Unionism has affected the way companies handle and deal with the whole idea of staff remuneration. Even as the world has its international market expanding every other day, stiff competition has seen companies seeking to have its workers produce goods of high quality and in the best time possible.
As such, trade unions have come up strongly to fight for rights of its workers raising serious demands and requirements that have given many organization managers sleepless nights. Increased Trade Unionism has led to increased operational costs at the international level. This is a threat to the company’ s bid to increase its profit margin (Liker 2004, p. 112-119). Staffing With increased globalization, staffing has become a major challenge in the world today.
Increased movement and number of expatriates have seen the demand for expatriates going high. This scenario presents both a threat and an opportunity for various organizations in the world. An organization is likely to benefit from this situation by tapping foreign employees who may be in a better position to deliver than the local clip. This has been necessitated by the availability of work permits by the world states and the provision of dual citizenship. The improved transport system has also been a factor in supporting this trend.
However, organizations also risk losing out good employees to foreign organizations if the working conditions provided are not as good as those in the foreign world (Ivancevich & Daniel 2000, p. 67-75). Market Competition and Trade Barriers Globalization has resulted in economic groupings and unions of states that have resulted in trade barriers from non-member nations. As far as business is concerned, the barriers in trade provided by these economic unions, which are usually regional, can work both for and against an organization. When a country is in such a trade union, the free trade areas, for instance, will make it to locally and internationally benefit from its neighbors and member states.
This is through the signing of business agreements and protocols under the supervision of the World Trade Organization. This way, a company will have a better collective bargain for its products in other markets (Pynes 2008, p. 145-153).
Crandall, W, Parnell, JA & Spillan, JE 2009, Crisis Management in the New Strategy
Landscape, SAGE Publisher, Chicago. p. 198-209.
Duening, N 2002, Managing Einstein: leading high-tech workers in the digital age, McGraw-
Hill Professional, Toronto . p. 76-85.
Ivancevich, M & Daniel, C 2000, Gangster Job stress: from theory to suggestions, Routledge,
London. p. 67-75.
Liker, J 2004, The Toyota way: 14 management principles from the world's greatest
manufacturer, McGraw-Hill Professional, London., p. 112-119.
Hogan, R, Curphy, G J & Hogan, J 1994, what we know about leadership and Effective
management: Effectiveness and personality, American Psychologist, 49, 493–504. Chapter 10:
Leading People and Organizations. Available at
Pynes, J 2008, Human Resources Management in Public and Nonprofit Organizations: A
Strategic Approach, John Wiley and Sons, New York, NY. p. 145-153.
Salaman, G 2005, Strategic human resource management: theory and practice, SAGE Publishers,
New York, NY. p. 189-197.
Tindall, K 2009, Framing the global economic downturn: crisis rhetoric and the politics of
recessions, ANUE Press, London. p. 211-232.
Zajda, J 2005, International handbook on globalization, education and policy research: global
pedagogues and policies, Springer, New York, NY. p. 76-93.