International Business Db Coursework Example

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Category:
Business
Level:
University
Type:
GCSE
Pages:
1
Words:
275
International Business Student’s Name Institution  Abstract The business world today has seen a transformation in the way it is conducted. The advancement in technology has ensured that transference of material raw resources and skilled expertise is efficiently done from one part of the world to another. As such, organizations have spread their reach beyond the confines of the parent company’s geographical location. This has led to the evolution of stateless corporations. In this regard, management of the organization affairs has intensified in both demand and complexity calling for more ingenious means of structuring them to minimize the negative effects associated with global management. As a solution of this, different organization structures have been fronted in relation to international business with each having its own merits and demerits. This paper focuses on the matrix organization structure exploring its positivity and its negative ends. As a system, it involves a grouping of individuals by division and function simultaneously. Keywords: global, stateless corporation, matrix structure, organization, policies, division  Global business is one that undertakes business activities across the world. These business activities can be dated to ancient times in history (Daft& Lane, 2007). As such, this has resulted in the development of stateless corporation sourcing work in the most efficient region. The Royal Dutch Group of Companies (Shell) is one such example. Given it global scope and wide reach, Shell uses the matrix organization structure. This is an organizational structure that is integrated, and as such there are super-impositions on each division in more than one dimension. Simply stated, People are grouped by function and specific divisions simultaneously (Daft& Lane, 2007). Like a majority of business aspects, the matrix structure has both positive elements and negative elements. Advantages In this structure, communication bet...
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