The author points out that a business with workers motivated towards attaining organizational goals is likely to get a higher level of output than one that has workers who are motivated to attain results that are different from the organization’s objectives.
Global businesses have a wide scope in strategy formulation and strategy implementation. This means that international businesses of that nature will need to be careful in attaining this end. This is because there are numerous concerns like culture and other variations that need to be put in place to ensure that motivation in all parts of the organization enjoys high levels of motivation.
“Historically, the main motivation of international business bass been the exploration of natural resources.” (Cherunilam, 2007: 331). This is very much applicable to the period between the Age of European Exploration and the 1960s where the concept of colonization ended. In this period of time, there was a significant desire for the creation of businesses that would trade in a foreign land and exploit natural resources in those lands. This led to European control of the Americas, Africa and most of Asia. The drive for the attainment of prosperity from trade in these foreign lands led to the European colonization of these nations.
However, after the decolonization of nations throughout the world by the 1960s, there was the need to change the systems of doing business in foreign lands. Instead of the traditional colonial companies, there were multinational corporations that were formed. The fundamental motivation of acquiring cheap natural resources overseas continued to play a key role in these multinationals.
In the 21st Century, the motivation for making more profit from international trade continues to be a significant drive in international business expansion drives. This is now carried out through accessing foreign markets to sell goods to foreigners and mobilizing cheap labor to .cut down the cost of production.