Wal-Marts Organizational Theory and Behavior - 2294 Words

Final Project - Wal-Marts Organizational Theory and Behavior Jean K. Martin AXIA College of University of Phoenix There are so many organizational behavior concepts to take into consideration for the success or failure of any organization, business or company. The way these concepts are handled by management and employees will either keep the business open or these same concepts could end up in closure of this same business or organization. Management and employees are the people who will make the win or lose situation occur. Communication, motivation, and power and politics are some of the concepts that will cause a business to succeed or fail. Businesses must be competitive to stay alive, or these same businesses will†¦show more content†¦This brings out a positive appearance within the store. This type of treatment should be present in all departments throughout the store. The most important support comes from the checkout counter who will leave the customer with a lasting impression of that store. The cashiers behavior could be the determining factor if that customer will ret urn to that store. A policy should be in place which states that all cashiers final comments spoken to the customer should be Have a nice day. Thanks for shopping at Wal-Mart. Quality customer service is what will make a store flourish in the retail business, or it could hinder the business by losing customers to another retail store. Without customer service, there will be no customers (Lindner, 2005). During research on this final project, the author found an example of Wal-Marts communication in backing customer service. A Wal-Mart customer returned a completely thawed turkey including all the fixings for a dinner because her relatives could not make it due to car trouble (Now Thats Customer Support, 2006). Wal-Mart returned the customers money which was $19 plus some change and the customer returned the complete turkey dinner which included two boxes of stuffing, some cranberries, stuff to make pumpkin pies, green beans and a package of rolls (Now Thats Customer Support, 2006). Another example where Wal-Mart communicates withShow MoreRelatedWalmarts Ethics or Lack of and Employee Dissatisfaction1252 Words   |  5 PagesIn my opinion Wal-Mart has exhibited lots of unethical behaviors over the course of several years. They have been using Anti-union propaganda to deter its employees from joining a union, which is their legal right. Most employees are made to watch videos outlining how Unions would destroy Wal-Mart and essentially their employees, however this appears to be a scare tactic. They have even gone as far as shutting down one of its stores to prevent further unionization in Canada. Under Quebec law, a companyRead MoreEssay on Wal-Mart International Division1287 Words   |  6 PagesThe International Division at Wal-Mart International Business: Strategy Structure October 10th, 2012 Introduction I would like to begin stating the reason why I decided to choose this case and, above all, this topic. Since the beginning of my academic career field I’ve always found more interesting the â€Å"human† side of business sciences, especially those concerning the behavior of organizations in the environment in which they operate and consequentially of the people that materially makeRead MoreWalmart Negative Effect2430 Words   |  10 Pagesyears, Wal-Mart grew to be the largest corporation in the United States with over 5,000 stores and a staggering 1.2 million employees. In fact, Wal-Mart’s staff accounts for 1% of the United State’s working population (Blodget, 2010). Unfortunately, such an enormous presence, combined with negative reviews, has turned Wal-Mart into the country’s most hated retailer of all time (Picchi, 2015). As such, Wal-Mart is constantly investigated, scrutinized, and sued. The following essay analyzes Wal-Mart’sRead MoreWal-Mart Ethics Essay2348 Words   |  10 PagesWal-Mart Stores, Inc. is currently entangled in a legal battle that will decide if the company has engaged willfully in gender-based discrimination. Underlying causes, organizational culture and ethical issues will be examined in determining how the largest private employer in the United States could have fallen prey to unfair labor practices. In 1999, women constituted 72% of Wal-Marts hourly employees, but only 33% of its managerial employees (Bhatnagar, 2004). This fact and many othersRead More Dukes v. Wal-Mart Essay2269 Words   |  10 Pages Dukes v. Wal-Mart Stores, Inc. is a legal battle concerning whether or not the company engaged willfully in gender-based discrimination. Underlying causes, organizational culture and ethical issues will be examined in determining how the largest private employer in the United States could have fallen prey to unfair labor practices.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"In 1999, women constituted 72% of Wal-Mart’s hourly employees, but only 33% of its managerial employees† (Bhatnagar, 2004). This fact and many othersRead MoreThe Toxic Organizational Culture at Wal-Mart3272 Words   |  14 PagesRunning Head: TOXIC ORGNAIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart TOXIC ORGANIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart Organizational culture is not a new concept in the world of organizational behavior. Yet despite its age, it still has many varied definitions as well as philosophies on its importance and impact to the success of a company. One definition is that organizational culture is a cognitive framework consisting of attitudes, valuesRead MoreWal-Mart and Its Organizational Behavior Issues Essay2966 Words   |  12 PagesWal-Mart Organizational Behavior March 30, 2013 This paper will discuss the structure of Wal-Marts corporate culture and how it influences their employees. In order to understand an Organization Behavior there are different elements that will create the employees perspective of the organization’s culture such as the management’s philosophy, vision, values, and goals. The driving force of these elements will create the culture of the organization. An organization’s culture will defineRead MoreHow Technology And Globalization Have Enhanced Business Operations And Decision Making1381 Words   |  6 Pagesa situation where individuals will be required to portray different loyalties that may differ from their own traditions and normal institutions. This is a characteristic of the global economy that should be considered in strategic decision-making. Wal-Mart is one of the corporations that have constantly dominated the global markets for some time (Claeskens, 2012). The company focuses on offering their cust omers low cost products, which is a virtue that is not held by their competitors. The companyRead MoreBusiness Ethics: Child Labor in Wal-Mart8552 Words   |  35 PagesPart A: Introduction There are several ways to define ethics. Ethic is a set of principles of right and wrong behavior guiding. Ethical person will behave in accordance with sound moral principles based on fairness, justice and trust (Wiley, 1995). The purpose of ethic is to provide an environment that allows people to live a more structured, happy life than would exist without ethics (Warnock, 1971). Business ethic is examination of variety of problems that can arise from business environmentRead MoreAnalysis Of The Book Sam Walton 2864 Words   |  12 Pagespublished in 1992. John Huey was the senior editor at Forbes magazine at the time. He is known for reporting on the business world and profiling many of the leading personalities. Sam Walton was the man who started it all for the national corporation, Wal-Mart. He was the founder and CEO. Sam’s main purpose of this book is to tell the â€Å"formula† of to how to be successful as a business owner. Sam’s career has been described in magazines as, â€Å"overnight success†, but in the book he finally explains it

The Role Of Traditional And Antiquated Function Of Any...

HR Function The traditional and antiquated function of any human resources department was to employ, terminate and event plan for companies. The emergence and expansion of human resources information systems (HRIS), places the human resources department on par with strategic management planning, and forays into competition. The HRIS system is not just the â€Å"composite of databases, computer applications, and hardware and software necessary to collect/record [Sic], store, manage, deliver, present, and manipulate data for human resources as espoused by (Ngai and Wat, 2006; Lippert and Swiercz, 2005; Troshani, et. al., 2011), but also to strategically plan for the transitions emerging in the workforce climate, i.e., succession planning, mentorship, training deliverables, as well, as other housekeeping functions. â€Å"No area of a corporation is more involved, yet more ‘behind the scenes’ than the human resources department. Essential to a smooth tenure with an organization is recordkeeping and Human Resource Information Systems (HRIS) are the heart and soul of this process† (HRM7001, 2014, p. 6). According to Ball (2001), personnel management and information technology (IT) have been in partner relationship as early as the 1960s, with the inception of the â€Å"automation of payroll, benefits administration, and other transaction processing applications† (p. 678). Because of the lack of financial resources, staff, IT support, and support from upper management, the perceptionShow MoreRelatedAn Innovative High Performance Work Environment Essay2657 Words   |  11 Pages there is a lack of understanding as to why certain tasks are performed and how these tasks strategically drive the university’s objectives. Employees rarely partake in teamwork, instead operating individually at task-level and often in an antiquated manner. The disruption from recent downsize activity has negatively impacted on the once close-knit employee base, many of whom had worked at the institution for a prolonged period of time. These factors have negatively shaped attitudes andRead MoreService Request Sr-Rm-012 Paper and Presentation2853 Words   |  12 Pagestechnology Department (IT) with experts in many areas of IT. Riordan uses technology in their individual departments to communicate and allow the departments to work together as much as possible. However, there is room for improvements. To fully understand Riordan’s IT infrastructure, their business systems and sub-systems it is necessary to fully identify them to best understand the currently supported hierarchy. After describing each system and their interaction within the company, and function itRead MoreTqm: Evolution, Scope and Strategic Significance for Management Development3909 Words   |  16 PagesTQM: Evolution, Scope and Strategic Significance for Management Development R.A. DiPietro Montclair State University School of Business, Upper Montclair, New Jersey, USA The Evolution of Total Quality Management Any attempt at understanding TQM and applying it meaningfully in building a healthy market-driven organization requires an awareness of its evolution as an interdisciplinary model for managing organizations. For the uninitiated and, to a lesser extent, those reasonably familiar with itRead MoreProcurement 5000 Essay4453 Words   |  18 Pagesclerical/mechanical) function to one that is strategic based (i.e. proactive/world class) in the private sector, how has the emergence of a strategic focus affected the propagation implementation of the 5 Major Developments (as stated in the textbook) in the area of Purchasing and Supply Management? In addition, how has this strategic focus influenced the interaction collaboration of Purchasing Supply Mgt, with other departments of the organization (e. g. Finance, Legal, Human Resources, Marketing,Read MoreE Business5298 Words   |  22 PagesCASE: Content Objective: 2.2 8) Enrolling employees in benefits plans is a business process handled by the finance and accounting function. Answer: FALSE Diff: 2 Page Ref: 43 AACSB: Use of information technology CASE: Content Objective: 2.1 9) Functional systems that support business processes within a single functional group, such as human resources, are being phased out in favor of cross-functional systems. Answer: TRUE Diff: 2 Page Ref: 45 AACSB: Use of information technology Read MoreGiving the SAT a Facelift to Improve Standardized Scores2372 Words   |  9 Pageseducation programs. Several factors contribute to a disproportionate number of minority students being placed in special education. Poverty perpetuate problems ranging from premature births to impoverished neighborhoods. Insufficient funding, inadequate resources, and poor curriculum impedes a constructive learning environment (Artiles, Harry, Reschly, Chinn, 2002). Also the lack of cultural cohesion between teachers and students may result in students of color placed in special education programs (BaileyRead Morechapter answers14408 Words   |  58 Pagesleadership issues that produce organization improvements b. focusing narrowly on cost, quality, and schedule c. focusing on the transfer of knowledge and skills to help the system manage future change d. taking a broadly focused approach that can apply to any kind of change e. none of the above ANS: c 3. Which of the following is not one of the â€Å"stems† of OD? a. laboratory training b. environmental analysis c. action research/survey feedback d. participative management and quality of work life e. strategicRead MoreCase Study on Ibm7721 Words   |  31 PagesMacDonald Richard Calo Michelle Rzepnicki Katya Scanlan Jihee Lombardi Copy editing: Design:  © 2010 Society for Human Resource Management. John W. Boudreau, Ph.D. Development of this case was made possible by a grant from the Society for Human Resource Management and the National Academy of Human Resources. Information presented was current as of the time the case was written. Any errors are solely the author’s. Note to Hr faculty and instructors: SHRM cases and modules are intended for use inRead MoreFundamentals of Hrm263904 Words   |  1056 Pagestextbook with the most effective instructor and student resources With WileyPLUS: Students achieve concept mastery in a rich, structured environment that’s available 24/7 Instructors personalize and manage their course more effectively with assessment, assignments, grade tracking, and more manage time better study smarter save money From multiple study paths, to self-assessment, to a wealth of interactive visual and audio resources, WileyPLUS gives you everything you need to personalizeRead MoreHigher Education in India6268 Words   |  26 Pagesincludes : Autonomy of Universities, Access, Equity, Caste-based Reservation, Quality, Cost of Education, Declining Enrolment in Traditional Fields of Knowledge, Red Tapism, Vocationalization at the First Degree Level,Privatization and other Domestic Issues and Challenges of Higher Education in India ********* Author Name : Prof.S.Gopalakrishna Designation : Head, Department of Management Studies – MBA Institution Name : Cambridge Institute of Technology Place : Bangalore Higher Education in India

Pest Analysis England Free Essays

†¢Environmental regulations and protection: As the menace of coal smoke receded the society changed its name (to the National Society for Clean Air) and its focus, and in the 1970s began to campaign vigorously on air pollution from industry and, increasingly, transport. During this period membership was mainly (although far from exclusively) drawn from local authorities, with some industrial membership. Perhaps the main achievement of the Society after the Clean Air Acts was the development of the concept of Local Air Quality Management and the incorporation of this in the Environment Act 1995. We will write a custom essay sample on Pest Analysis England or any similar topic only for you Order Now The original Environment Bill was intended to deal with issues such as the establishment of the Environment Agency, contaminated land, National Parks and waste topics. †¢Tax policies Britain is becoming a less attractive place to invest and work in because of government tax plans, trade and investment minister Digby Jones said on Friday, the latest non-political appointee to question policy. The ruling Labor party has come under pressure to match opposition plans to raise more tax from wealthy foreigners living and working in Britain. It has proposed to end tax breaks which mean rich residents who are non-domiciled for fiscal purposes pay no UK tax. †¢International trade regulations and restrictions a. Import Tariffs Customs duty is assessed on the fair market value of imported goods at the time they are landed in the UK. Import prices for products entering the UK from non-EU states generally consist of: Cost, Insurance, Freight and Duty, with VAT of 15% levied on the aggregate value. This sum is the exporter’s â€Å"landed cost, duty paid. The commercial invoice value is usually accepted as the normal price, but if a preferential arrangement has been established between the overseas supplier and the importer, or an unrealistic value has been declared, HM Revenue and Customs (HMRC) reserves the right to assess a fair market value for duty purposes. The duty is payable at the time the goods are imported, but established importers can defer payment for an average of 30 days. In addition to customs dutie s on imported goods, an excise tax is levied on in-country sales of alcohol, tobacco, and road vehicles, and on sales of oil and petroleum products. . Trade Barriers The UK has no significant trade or investment barriers and no restrictions on the transfer of capital or repatriation of profits. The very few barriers that exist are almost all attributable to UK implementation of EU Directives and regulations. c. Import Requirements and Documentation A limited range of goods requires import licenses, which are issued by the UK Department for Business, Enterprise and Regulatory Reform’s Import Licensing Branch. These include firearms and explosives, nuclear materials, controlled drugs and certain items of military equipment. d. U. S. Export Controls U. S. exports to the UK are subject to the normal U. S. export control regulations, administered by the Bureau of Industry and Security (BIS) for dual-use items and the Directorate of Defense Trade Controls (DDTC) for military end-use items. In June 2007, President Bush and Prime Minister Blair announced a forthcoming bilateral Defense Trade Cooperation Treaty, intended to greatly reduce licensing requirements arising from government-to government defense programs. At the time of writing, the Treaty is under review by the U. S. Senate Foreign Relations Committee. In addition to International Trafficking in Arms Regulations (ITAR), re-exports from the UK and the activities of UK-based subsidiaries, are subject to UK export controls. These are managed by the Export Control Organization (ECO), an office of the UK Department for Business, Enterprise and Regulatory Reform (BERR). U. S. companies supplying certain restricted items appearing on the UK Military List, including missile and long-range UAV technology, are encouraged to consult guidance available from the ECO website on the trafficking and brokering provisions contained in the UK Export Control Act 2002. . Temporary Entry Raw materials, temporarily imported for incorporation into products for export, may be admitted without payment of duties and taxes. The importer must provide a bank or insurance company guarantee or indemnity for the applicable duties and taxes. Goods intended for unaltered re-export may also be imported free of duty for a period of up to six months by prior arrangemen t with Her Majesty’s Revenue Custom (HMRC). Temporary entries and goods imported for technical examination and testing are subject to a VAT deposit scheme with VAT refunded following the re-export of the goods. Products imported for repair, calibration, or incorporation are admitted with conditional relief from duty and VAT pending correct disposal of goods, usually re-export from the European Community. Professional and demonstration equipment may be temporarily imported into the UK free of duty and tax under the Customs Convention on the Temporary Importation of Professional Equipment. Additionally, these goods may also be imported under the above-mentioned VAT deposit scheme for temporary entries. f. Labeling and Marking Requirements In the UK, origin, weight and dimension, chemical composition and appropriate hazard warnings are required for consumer protection purposes on any product offered for retail sale. If the product cannot be labeled or marked, the data may be included on any packaging, accompanying printed material, or product literature. European and British clothing and shoe sizes are differently marked, and special provision may have to be made for apparel retail labeling. Dual labeling is strongly supported by the UK, which uses the practice as a cost-saving measure in its exports to North America. . Prohibited and Restricted Imports Prohibited imports include AM citizens band radios, switchblade knives, devices that project toxic, noxious or harmful substances (e. g. , tear gas), counterfeit coins and currency, certain types of pornography and hormone-treated beef. The UK participates in the Wassenaar Arrangement for the control of dual-use exports; the Australia Group (AG) for the control of chemi cal and biological weapons; and the Nuclear Suppliers’ Group (NSG) for nuclear-related goods, preventing the export of restricted goods and echnology to countries of proliferation concern. The UK also supports United Nations’ sanctions restricting exports to certain other destinations. Although sensitive to the extraterritorial application of U. S. law in export controls, the UK authorities cooperate with the U. S. in preventing the re-export of sensitive goods and technology of U. S. -origin to unauthorized destinations, when the enforcement action is based on multilateral controls. h. Customs Regulations and Contact Information The documents required for shipments include the commercial invoice, bill of lading or airway bill, packing list, insurance documents, and, when required, special certificates of origin, sanitation, ownership, etc. A copy of the commercial invoice should accompany the shipment to avoid delays in customs clearance. It is worth noting that imprecise descriptions are a common reason for goods being held without customs clearance, meaning that a clear description of the goods is essential and should be worded in such a way as to describe the goods to an individual who may not necessarily have an understanding of a particular industry or article. A clear description of goods should satisfy three basic questions as to what the product is, for what is it used, and of what it is made. No special form of invoice is required, but all of the details needed to establish the true value of the goods should be given. At least two additional copies of the invoice should be sent to the consignees to facilitate customs clearance. Consular documents are not required for shipments to the UK. †¢Contract enforcement law A contract is a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. This may be seen as giving three interconnected elements: a. A promise In the context of English law, a reference to a promise here may be seen as misleading. It is often (rightly) stated that English law will not give effect to a mere promise and that an agreement, or meeting of minds, is required. In fact, this is simply a way of distinguishing between two types of promise, namely those which do and don’t give rise to a legal duty. Thus, a promise to meet one’s other half for dinner at 7pm gives rise to no legal obligation – it is a â€Å"mere† promise – whereas a promise to sell someone a car for ? 5000 gives rise to legal obligation. b. A legal duty arising from that promise Here, English contract doctrine distinguishes between bilateral and unilateral contracts. A bilateral contract gives rise to obligations on both sides. Thus in a contract of sale, the seller has an obligation to transfer title in the thing sold to the buyer, whilst the buyer has an obligation to pay the price. A unilateral contract, by contrast, gives rise to obligations on one side only. Thus â€Å"I will give you ? 100 if you run a marathon† gives rise to a legal duty on the maker of the statement (the promisor) to pay the money if the race is run, whilst the person to whom the statement is made (the promisee) is under no obligation to run in the first place. c. A remedy for breach of that duty In considering the development of remedies, a fundamental distinction in English law between common law (often just abbreviated to law) and equity must be understood. For much of its history, England had two separate systems of law working side by side, each of which had different rules. One, administered by the courts of common pleas and King’s Bench, was called â€Å"the common law†; the other, presided over by the Lord Chancellor in the court of chancery was â€Å"equity†. Since the Judicature Acts of the nineteenth century the two systems have been administered by the same courts, although they remain separate sets of doctrine. Most important for our current purposes is that the two systems developed different sets of remedies for breach of contract, although other equitable rules which have application to contracts will be discussed as they arise. d. Proof of promise: Objective intention e. Form of promise: Offer acceptance f. Form of promise: Certainty g. Validity of promise: Intention to create legal relations h. Validity of promise: Consideration †¢Consumer protection The United Kingdom, as member state of the European Union, is bound by the consumer protection directives of the EU. Domestic (UK) laws originated within the ambit of contract and tort but, with the influence of EU law, it is emerging as an independent area of law. In many circumstances, where domestic law is in question, the matter judicially treated as tort, contract, restitution or even criminal law. Consumer Protection issues are dealt with when complaints are made to the Director-General of Fair Trade. The Office of Fair Trading [3]will then investigate, impose an injunction or take the matter to litigation. However, consumers cannot directly complain to the OFT. Complaints need to be made to Consumer Direct who will provide legal advice to complainants, or re-direct the individual complaint to Trading Standards for investigation. Due to restrictions within the Enterprise Act 2002, individual complainants are unable to be told whether their case is being investigated or not. In very rare cases, Consumer Direct may direct a very large number of complaints to the OFT to be considered as a systemic complaint. The OFT can also be engaged by consumer groups e. g. The Consumers Association or the statutory consumer protection body – Consumer Focus – via a super complaint. The OFT rarely prosecute companies, however, preferring a light touch regulation approach. Consumer complaints against companies are not published, but investigation work, undertakings and enforcements are located at [2]. Many of the consumer protection laws e. g. Distance Selling Regulations 2000 or Unfair Terms in Consumer Contracts Act 1997 are actually UK implementations of EU directives. The OFT is one of the bodies responsible for enforcing these rules. This leads to a problem in that these examples of legislation are clearly designed to deal with individual complaints but the OFT will only deal with systemic complaints and will ignore individual complainants redirecting them back to Consumer Direct. The Office of Fair Trading [3] also acts as the UK’s official consumer and competition watchdog, with a remit to make markets work well for consumers, and at a local, municipal level by Trading Standards departments. General consumer advice can be obtained from Consumer Direct or via a local branch of the Citizen’s Advice Bureau. Employment laws The law has given employees – and in many cases other workers who might not count as employees – rights and entitlements in relation to how they are disciplined and dismissed, how their grievances are handled, wages, absence from work and sickness, holidays, work breaks and working hours, time off for family emergencies, maternity and paternity leave, the right to app ly for flexible working, redundancy and retirement. All workers have the right not to be discriminated against in relation to their gender or orientation, race, age, disabilities, or religion and beliefs. Staff who feel they have been denied their rights have redress by taking their employers to an Employment Tribunal. The chances of this happening have increased three-fold for employers in the past decade or so. There was a year on year increase in Employment Tribunal claims of 56 per cent last year (2009-10) bringing the number of claims received to their highest level ever at 236,100 claims (source: Tribunals Service). In unfair dismissal cases employers can be ordered to pay compensation of more than ? 76,000. In discrimination cases compensation awards are theoretically unlimited and six-figure payouts are not uncommon. How to cite Pest Analysis England, Essay examples

The Contextual Factors for Business Process - MyAssignmenthelp.com

Question: Discuss about The Contextual Factors for Business Process. Answer: Introduction According to a report by Australia and New Zealand Recycling platform Australias e-Waste management system is 10 years behind by that of Europe, Asia and New Zealand(Cormack, 2015). This means that many precious metals are being wasted and hazardous metals like lead, arsenic and mercury are being sent to landfills. This practice not only harms environment but also leads to wastage of valuable metals. E-Waste or electronic waste is any waste device that needs to connect to power supply in order to work(Australian Bureau of Statistics, 2013) and e-waste management is segregating non usable and reusable parts and refurbishing them into new products. As a result of these findings Australian Government has come up with schemes and acts to encourage recycling and reuse of electronic equipment. Many new enterprises have entered the field of solid e-waste management to which big organisations or households can outsource recycling of e-waste. In this report, benefits and challenges posed by G lobalisation on solid e-waste management business are discussed in detail. E-Waste and E-waste Management E-waste is a fastest growing type of waste. Most of the e-waste is sent to landfills through which the hazardous substances enter the environment. Australian government has introduced schemes under which households can drop off unwanted computers and televisions at collection centres from where they can then be taken for recycling and refurbishment(Australian Bureau of Statistics, 2013). Business Idea: e-Waste management This e-waste recycling solution provider based in Australia will cater to business and households for their e-waste recycling requirements. Given the schemes and benefits offered by Australian government to such green organisations this start-up will have supportive external environment. But there are some contextual factors like socio-political, economic policies and Globalisation which affect the feasibility of business plan. In this report, both challenges and potential benefits of globalisation on this business plan are discussed. What is Globalisation? Globalisation can be defined as interaction between people and countries which leads to flow of money and exchange of ideas and culture across geographical boundaries(Passaris, 2006). Today no business is untouched by impacts of globalisation. Globalisation offers benefits as well as poses challenges to businesses all over the world. On one hand globalisation has increased competition for local businesses but on the other hand it has also enabled easy exchange of technology and information. As a contextual factor Globalisation impacts both external and internal context(Kronsbein, Meiser, Leyer, 2014). Benefits of Globalisation to e-Waste recycling Never-ending supply of electronic products: Globalisation and innovation have introduced large number of electronic products to everyones lifestyle. Almost 20 million electronic items are lying unused in Australia today(SUEZ, 2018). This means that for a start-up there are lot of ways to get started and continually receive business from institutions as well as households. Technology Entrepreneurship: Globalisation offers opportunities for new ventures to engage with large multinational corporations. These kinds of tie-ups help in fostering technological innovations in start-ups(Prashantham, 2016). New ventures can also take the benefit of development of new technologies in this field. Additional sources of funds: New ventures can pitch their ideas to investors from across the border. In this way globalisation has opened many new sources of funding for start-ups. Generally, the idea behind such tie ups and investments is to enter a new market with the help of a local business. This way the start-up gets funding and the MNC can enter new markets, win-win situation for both. Talent acquisition: For start-ups it is important to have qualified individuals on board who can work on specific technologies. Instead of fighting to acquire talent in local market start-ups can aim at sourcing individuals from outside the geographical boundaries. In case the new organisation plans to set up operations abroad such individuals prove to be great help(Michalski, 2015). Suppliers and service providers: Legal and financial services are being outsourced since a long time now and organisations have become familiar with it. But, outsourcing of hardware supply chains is a new trend for start-ups. This is happening mainly in case of technology transfer or to break oligopoly in local market(Michalski, 2015). Potential Challenges posed by Globalisation Outsourcing to developing countries: Today most of the e-waste is being exported to developing countries like the Philippines, China, Thailand and India. It is mainly due to cheap labour and low occupational health and safety standards. This practice by IT firms to export their e-scrap can pose major threat to business. Basel Convention, an international agreement, adopted by UN to keep a check on uncontrolled movement of hazardous wastes to developing countries( Australian Bureau of Statistics, 2006). Different environmental Laws for each country: Entering and growing in international markets can be restrained due to difference in environmental laws in different countries. There are lot of uncertainties in government policies regarding solid waste management this leads to reluctance by investors to invest in waste management projects. But, with new technological developments in solid waste management industry will certainly help in addressing this issue( Research and Markets, 2017). Presence of subsidiaries of big waste management companies: Globalisation has given the opportunity to operate beyond geographical boundaries. Large organisations, on one hand, have benefitted from this feature of globalisation; on other hand, small organisations, like the one in question here, face major issues in getting business. This is mainly because large organisations have technology and they operate in large scale hence, get cost benefit which will not be possible for a start-up. New ventures in such situations can adopt the philosophy of sharing the existing resources. This way the organisations who already own machineries can reduce the cost of owning the property and new ventures can economise their operations by paying the rent for machinery instead of buying it(Bylund, 2015). Transfer of funds: Start-ups work on small margins for initial few years. Suppliers in global marketplace impose lengthy payment terms which are not a big issue for larger companies but poses difficulties for small businesses operating on fewer margins. Another major concern is volatile exchange rates for currency(Lobel, 2016). Costs: Doing business in another country increases. Although there is internet for marketing and reaching out to global markets but many taxes and fees applicable on offering services or goods in a different countries is very high. And in case of competition posed by multinational companies cost will rise due to extensive marketing activities required to generate business and avoid losing business to MNCs. Managing cross border HR: Employing and managing Human Resource in geographically distant location can pose major challenge. To employ someone to manage operations abroad requires tailoring of recruitment, training and retention processes to suit the regulations of that particular country(McKinsey, 2012). Conclusion Globalisation is a double edged sword. It has its benefits as well as challenges for both new and existing organisations. From the point of view of solid e-waste management globalisation has proved beneficial in bringing in new technologies to treat the waste, advancement in IT has ensured continuous flow of out-dated electric goods which translates into continuous flow of business for this new solid e-waste management firm. But globalisation has also posed challenges of completion from multinational corporations who have already established themselves and have achieved economies of scale; to combat this issue new venture can rent the assets owned by these MNCs and gain the expertise without investing. Today most of the e-waste generated by IT firms is auctioned and shipped to developing countries, but with emergence of new technologies and involvement of government in encouraging recycling now the attitude of such organisations must change. To conclude, it can be said that globalisa tion impacts an organisation both internally and externally. In this case, competition, e-waste trafficking, environmental and political policies can be considered as external dimension of globalisation and strategies developed to face competition, acquiring new technologies and talent are internal dimensions of globalisation. Bibliography Australian Bureau of Statistics. (2006). SOLID WASTE IN AUSTRALIA. Retrieved January 3, 2018, from www.abs.gov.au: https://www.abs.gov.au/ausstats/abs@.nsf/Previousproducts/4613.0Feature%20Article252006?opendocumenttabname=Summaryprodno=4613.0issue=2006num=view= Research and Markets. (2017). Global Solid Waste Management Market - Analysis and Forecast (2016-2022). Reasearch and Markets. Australian Bureau of Statistics. (2013). ELECTRONIC AND ELECTRICAL WASTE. Retrieved January 2, 2018, from https://www.abs.gov.au: https://www.abs.gov.au/ausstats/abs@.nsf/Products/4602.0.55.005~2013~Main+Features~Electronic+and+Electrical+Waste?OpenDocument Bylund, P. (2015). The Top 3 Economic Challenges Facing Entrepreneurs in 2016. Retrieved January 3, 2018, from www.entrepreneur.com: https://www.entrepreneur.com/article/253473 Cormack, L. (2015). Australia's e-waste disposal system 10 years behind rest of the world. 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