GLOBALIZATION AND ENVIRONMENTAL SUSTAINABILITY : EFFECTS ON STRATEGIC MANAGEMENT
Journal Title: Advance Research Journal of Multidisciplinary Discoveries - Year 2018, Vol 26, Issue 26
Abstract
This paper focused on Globalization and Environmental Sustainability: Effects on Strategic Management. The researchers used the descriptive survey approach to gather data for the study. The population of the study comprises of 250 middle and senior members of staff drawn from ten manufacturing and service providing firms in Aba, Abia state. The researchers however using convenience sampling technique selected 103 employees out of the population of study. A four point likert scale questionnaire that covered the different areas of globalization and environmental sustainability impact on strategic management was used to elicit response from the respondents. The data gathered were then ranked as follows: SA= 4, A = 3, D = 2, SD = 1. The researchers concluded that cultural mix is becoming an imperative aspect of internationalization strategy formulation and implementation, hence; organizations are largely influenced by their cultural orientation and that globalization and environmental sustainability impacts on the competitiveness of firms significantly. The researchers recommend that global view must be taken into consideration when developing strategies among Nigerian firms in order to ensure that their strategies are holistic and that global environmental sensitivity training should be made a compulsory part of workforce orientation and future training. This will equip top executives with the basic skills to effectively monitor and deal with changes arising from global trends.
Authors and Affiliations
JOEL, AUGUSTUS-DADDIE, DAPPER EDWIN M, NWIKO, LEKIA ANDREWS LEKIA ANDREWS
Keywords
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