Consequences of Globalisation | Report

Added on -2020-02-14

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Feasibility Study
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31...................................................................................................................................................32...................................................................................................................................................43...................................................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONA feasibility study is an analysis of the viability of an idea. The concept can be used inmany ways but primarily focus on proposed business ventures. The present scenario is based onthe analysis which is carried out on Mont Blanc and Cross which is a leading brand in highquality instruments and watches. The report will elaborate the drivers and consequences ofglobalisation on the business entities and also the global business strategies are analysed(Kulwin, 2016). Moreover the strategies are evaluated which support the operations of theinternational organization.TASK 11As per the given scenario, Mont Blanc and Cross is operating its business in UK anddeals in luxury writing instruments and watches and has a plan to expand the trade in othercountry that is Australia. Globalisation is the assimilation of the markets in the economy. Retailwhere globalisation includes financial markets such as capital, commodity, insurance and formotor vehicles and consumer electronics market (Leonard,2011). Globalisation is increased byincrease in the capital mobility and the development of complex financial products, such asderivatives has enabled global credit markets to grow rapidly. Trade has become increasinglyfree which has opened up many former communist countries to inward investment and globaltrade.Globalisation brings a number of potential benefits to the international producers andnational economies. It includes provide the incentive for the countries to specialise and get abenefit for comparative advantage. Access to the larger markets means that firms may experiencethe higher demands for their products. Proliferation enables worldwide access to sources ofcheap raw materials and this enables enterprise to be cost competitive in their own markets

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