Outsource or Perish The mainstream idea in today's business world is to "outsource" production. The idea is simple: use cheaper labor for production and broaden avenues for sales. Many companies are going global, for example, Wal-Mart, Coca-Cola, McDonald's, Ford Motor Company and a host of other companies. These companies were created by American entrepreneurism and have based their success on the American culture. These companies are also successful in the global market because of their …
showed first 75 words of 770 total

showed last 75 words of 770 total
…practices of different cultures. It is more than speaking the same language, but realizing the impact that social, religious and ethnic practices have on the employees in the global environment. References [Burman]<Tab/>Burman, Edward. "Managing Cultural Diversity in a Global World." Mworld Europe. http://mworld.mce.be/artView.php?article_id=36&article_area=3 [Raghavan]<Tab/>Raghavan, B.S. "Outsource or Perish!" Businessline, Chennai. Nov 7, 2003.