Accounting technicians scheme west africa



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Public Relations: Information that explains the firm's activities in a favorable manner is regularly transmitted to the public.
2.
Boundary Spanning: Representatives of the organization regularly me with


37 stakeholders, such as sales agents with customers or purchasing agents with suppliers, to present the current and future status of the organization and try to influence the stakeholder's immediate and future actions toward the company.
3.
Lobbying: Members of the organization meet with government officials in an attempt to influence their votes on some policy that will affect the organization.
4.
Negotiation: The organization arrives at a formal, legal agreement with stakeholders through a discussion that may include cost, time, and method of transportation.
5.
Alliances: The organization joins with other organizations, frequently competitors, to engage in an activity that promises great benefit.
6.
Organizational Restructuring: This involves changes in the organisation’s structure and the working arrangement among its internal parts. Frequently, these changes include laying off employees in an attempt to reduce the costs of doing business and to make the organisation competitive against other organisations. In recent years, many individuals affected by layoffs have been middle-level managers.

B.7
Globalization
Globalization means integrating the economy of a country with the world economy. It can also be defined as the process of worldwide economic integration and growing interdependence, interconnectedness through the flow of goods, services, capital, people and information among nations in the modern world. A truly globalized corporation views the entire world as a single market, and it does not differentiate between the domestic market and foreign markets.
B.7.1 Factors influencing globalization
According to the Britannica Concise Encyclopaedia (2002) some of the factors which have contributed to globalization areas follows a) the phenomenal growth in communication arising from fast-paced development in communication technology b) Improved transportation services c) Mass migration and the movement of peoples d) A level of economic activity that has outgrown national markets through industrial combinations and commercial groupings that cross national frontiers and, e) International agreements that reduce the cost of doing business in foreign countries.

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