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Contemporary Business Issues in a Globalized Environment (Doc)

   

Added on  2020-12-29

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Contemporary Business Issues in aGlobalized Environment
Contemporary Business Issues in a Globalized Environment (Doc)_1
Table of ContentsINTRODUCTION ..........................................................................................................................3MAIN BODY ..................................................................................................................................31. Discuss globalisation .............................................................................................................32. Impact of external environment on vodafone ........................................................................4CONCLUSION ...............................................................................................................................9REFERENCE ................................................................................................................................10
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INTRODUCTION There are many business issues that is been faced by different organisation in the worldeconomy. This is due to globalisation. It haws allowed business to expand their operation atglobal level The companies expand their business like economy of scale, easy availability ofresources, different taxation system , and changes in the taste and preferences. The main reasonfor globalisation is to identify organisation that are planning to go global or have implementedtheir global operation (Crane, and Matten, 2016). If organisation implements their operationsin globally they have challenges to improves culture differences, non trade barriers , localisation,meeting the standers to innovating the product and services. Al thought It is important thatfluctuation of the currency are influencing the business of organisation because its operatingbehaviour on globalisation. globalisation is important to every organisation its implements theireffective techniques with respective behaviour. It helps to undertake organisation withimplements. It has expanded business operation in different countries . Globalisation effects onorganisation helps to sustain the market operation and expanding the business. In this case isbriefly about globalisation and its impacts on organisation . Also, briefly discussing about theexternal factor that affects the organisation. In this factors included are socio- culture, political,ecological, financial, etc. that affects the organisation globally. Fro this report organisation takenis Vodafone . MAIN BODY 1. Discuss globalisation Globalisation is a process of interaction and interrelating between companies, people andgovernment with a respective reason. Globalisation is improves transportation andcommunication in globally. Globalisation is a process of becoming a more interconnected world
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