MATURA ENGLISH: Globalization and Its Impacts on the Work World

What is the difference between outsourcing and offshoring in the context of globalization?

• Outsourcing refers to contracting work to an external organization, while offshoring involves relocating business processes to another country.

• Outsourcing involves hiring temporary workers, while offshoring involves permanent relocation of business processes.

• Outsourcing and offshoring are the same thing in the context of globalization.

• Outsourcing means moving operations to a different country, while offshoring means hiring a third-party company to handle tasks.

How does globalization impact job security in the work world?

• Globalization can lead to both positive and negative impacts on job security. It can create new job opportunities in certain industries, but it can also lead to job loss in others due to outsourcing and increased competition.

• Globalization guarantees job security for everyone

• Globalization always leads to job loss

• Globalization has no impact on job security

Explain the importance of cultural diversity in the workplace in the era of globalization.

• Cultural diversity in the workplace is not important in the era of globalization because everyone should think and act the same way.

• Cultural diversity in the workplace is important in the era of globalization because it brings different perspectives, ideas, and experiences, leading to innovation, better problem-solving, and a more inclusive work environment.

• Cultural diversity in the workplace is not important in the era of globalization because it leads to conflicts and misunderstandings.

• Cultural diversity in the workplace is not important in the era of globalization because it hinders productivity and efficiency.

What are global supply chains and how do they affect the work world in the age of globalization?

• Global supply chains are not interconnected and do not create opportunities for businesses to access a wider range of resources and markets

• Global supply chains are limited to one country and do not affect the work world in the age of globalization

• Global supply chains refer to the interconnected network of organizations, people, activities, information, and resources involved in the production and distribution of goods and services on a worldwide scale. They affect the work world in the age of globalization by creating opportunities for businesses to access a wider range of resources and markets, but also pose challenges in terms of managing complexity, risk, and competition.

• Global supply chains only involve physical goods and have no impact on the work world in the age of globalization

Discuss the technological advancements that have been influenced by globalization in the work world.

• Technological advancements influenced by globalization in the work world include the decline of remote work tools, communication technologies, and global supply chain management systems.

• Technological advancements influenced by globalization in the work world include the stagnation of remote work tools, communication technologies, and global supply chain management systems.

• Technological advancements influenced by globalization in the work world include the absence of remote work tools, communication technologies, and global supply chain management systems.

• Technological advancements influenced by globalization in the work world include the rise of remote work tools, communication technologies, and global supply chain management systems.

What are the potential benefits of outsourcing and offshoring in the globalized work world?

• Limited access to specialized skills and decreased focus on core business functions

• Increased expenses and reduced efficiency

• No cost savings and inability to focus on core business functions

• Some potential benefits include cost savings, access to specialized skills, increased efficiency, and the ability to focus on core business functions.

How can organizations ensure job security for their employees in the face of globalization?

• Reducing employee benefits and compensation

• Laying off employees to cut costs

• Ignoring the impact of globalization on the workforce

• Organizations can ensure job security for their employees in the face of globalization by investing in continuous training and upskilling, diversifying their markets and products, and fostering a culture of adaptability and innovation.

What are the challenges of managing cultural diversity in the workplace in the context of globalization?

• Some challenges include communication barriers, different work styles, and potential conflicts arising from cultural differences.

• Homogeneous workforce

• Similar work ethics

• Lack of technological advancements

Explain the concept of just-in-time inventory management in the context of global supply chains.

• Just-in-time inventory management is a strategy used to increase the risk of excess inventory in global supply chains.

• Just-in-time inventory management is a strategy used to intentionally create waste and inefficiency in the production process.

• Just-in-time inventory management is a strategy used to minimize inventory holding costs by only ordering and receiving inventory as it is needed in the production process. This helps to reduce waste, improve efficiency, and lower the risk of excess inventory in global supply chains.

• Just-in-time inventory management is a strategy used to maximize inventory holding costs by ordering excess inventory in advance.

How have technological advancements in the work world impacted the globalization process?

• Technological advancements have caused a decrease in communication and transportation

• Technological advancements have had no impact on globalization

• Technological advancements have led to increased isolation and independence of economies

• Technological advancements have facilitated communication, transportation, and access to information, leading to increased interconnectedness and integration of economies on a global scale.