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Business in a Global context Assignment

   

Added on  2020-10-05

11 Pages3347 Words132 Views
Business in a Global context

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Analysis of the business environment in Japan and also allocate the relevant information ......3Main issues and challenge for affecting the business and its environment in Japan .................6Develop the discussion on the analytical frame work of business such as Pestle analysis ........8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONA Business organization and its environment exchange the information amongthemselves. It is a process of strategic planning that involves an entire exploration and clearunderstanding about the international market. It offers the opportunities and threats along withthe pressure and limitation which influence the structure and its functioning of business. Pirellifirm is a multinational company which based in the Milan, Italy since 1922. The organization is5th largest Tyre manufacture firm that established their new business in Japan. Furthermore, Thisreport will describe the factors, issues affecting the business environment in country. Moreover,PESTLE analysis will discuss in the report which helps company in analyzing the businessenvironment of country. MAIN BODYAnalysis of the business environment in Japan and also allocate the relevant information Pirelli is a multinational company based in Milan that listed on the Milan stock ExchangeSince 1922. The organization is 5th largest Tyre manufacture firm that established their newbusiness in Japan. The organization is exporting their product and services across the world suchas Europe, Latam, Nafta etc. Pirelli operates the commercially in over 160 nations and it has 19manufacturing sites. Pirelli was founded in Milan in 1872 and stands as a global brand all overthe world. There are around 3,000 employees and 5.3 Billion turn over in 2017. In Today's world, Pirelli has maintained its position in market because it always sharestheir global Tyre segment details to another agencies. The organization has decided to expand itsbusiness in Japan because they want to explore their demand and products. Japan is a powerfulcountry in terms of innovation that help for organization to put some innovative concept in theirproduct development (Collings, Mellahi and Cascio, 2018). In this way, it will increase thedemand of consumers. First of all, the organization tried to increase the performance andefficiency in global market. Pirelli is a leading organization for expanding the business across theworld. This organization is concerned about the business environment and culture in japan. it isneeded for organization to create an effective business environment in proper manner. It is basedon the Tyre manufacturing firm behind the Goodyear, Bridges-tone and Michelin etc. The organization need for managing and controlling relevant information about theexternal environment for the purpose of planning, control and decision making. Time to time, Itis an essential for business to adopt new changes and behavior according to the environment.

The business culture of Japan is one of the most misunderstood aspects of business doing,it is not surprising because many people has established the business but the culture affects thebusiness operations and functions. Especially in terms of B2B business because many Foreignexchange company have wrong perception towards the environment. Pirelli is very successfulcompany so that they can start their business in Japan through investors and distributor.Sometimes, it is risky for dealing with the japan business and their culture. Fortunately, Japanesebusiness culture cannot be impenetrable barrier in the successful enterprise because it proved bythe largest companies exist in market such as Chanel, Vuitton and Microsoft etc. These are themultinational companies who are already successfully established business in japan market.Japanese business environment and culture is different to other US and Europe but it doesn'tmake more risky. At the certain aspects, Japanese business environment is very long terms stable andresulting to build a strong relationship with the suppliers and partners. Truth and Loyalty aremain component of business that help for Pirelli company that easily understand that how toswim with the business environment and culture of Japan. Furthermore, Pirelli firm is identifying the relevant information regarding the business and alsoanalysis that help for firm to handle the problem, issues and complexity and uncertainty in thebusiness environment (Costa, Soares and de Sousa, 2019). Therefore, the organization always tryto collect and gather all the information about the economic activity, socio-political changesmarket condition, competitive activities etc. This firm needs to transmitting the information tothe other external agencies and exchange the data which is important for developing a goodinteraction with others. In this way, It easy for Pirelli to connect with the agencies and developan effective relationship between them. Pirelli exchanging resources in japan-The organization and its business environment exchange the suitable resources. Thecompany needs some specific input related the equipment, finance and man power etc. These arethe important element that help for managing the business culture and environment of japan(Costa, Soares and de Sousa, 2019) . Typically, there are five resources required by organizationto divided into different ways. MoneyManpower

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