Discussion—Course Reflection
Running head: REFLECTION ON MANAGING GLOBAL CHALLENGES 1
REFLECTION ON MANAGING GLOBAL CHALLENGES 3
Course Reflection
(Reflection on Managing Global Challenges)
Module 8 Assignment 1
What are the three major lessons you learned?
This paper is intended to be a reflection of my learning experiences so far and there is no question that the course, managing global challenge (B7440) has left a deep impact on my critical understanding of an in-depth review of research and practice relevant to rapidly evolving global challenges faced by businesses. Although so much was academically acquired, but the three major lessons learned include: 1) ddomestic and international social, political, and economic landscapes, as well as the impact of technology on the global business environment. 2) The effect of differing values and cultures as evaluated in cross-cultural communication and business operations. 3) Economic imbalances and social inequality risk reversing the gains of globalization.
How will these lessons influence your professionally?
As an inspiring entrepreneur, one must recognized that domestic and international social, political, and economic background, as well as the influence of technology on the global business environment will definitely be an effect on me professionally. As multinational corporations (MNCs) looking to expand into global markets, it was necessary for me to learn that negotiating with international partners require not only general, job-related knowledge but also cross-cultural awareness. As such cultural mapping and its implications in the global business were needed to be explored.
How will you explain to your peers the benefits of these lessons?
Evans, M. D. (2007). New collaborations for international development: Corporate social responsibility and beyond. International Journal, 62(2), 311-325. Retrieved from http://search.proquest.com/docview/220854786?accountid=34899