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Contemporary Business Issues in a Globalized Environment - Assignment

   

Added on  2021-02-19

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Contemporary Business IssuesIn a Globalized Environment
Contemporary Business Issues in a Globalized Environment - Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
Contemporary Business Issues in a Globalized Environment - Assignment_2
INTRODUCTIONGlobalisation involves the basic communication that may be related to business,information, statistical data between the companies, government and people across the crossborder countries (Beck, 2018). It is basically an economic-financial process that is associateswith the socio- cultural business prospects. This report covers the evaluations of the global issueof the business organisation that may impact to a firm and personnel. This report of theglobalisation is consider the benefit of the cross border trades that help to the in the growinginternationally. TESCO company is selected for this report to analysis the business situationregarding the external factors that may influence to the management of the entity. GlobalisationThe term globalisation means interchange of information, deals, interaction betweenfirms, institution, international markets at two or more countries or across the global world. It isalso elaborated as transfer the data, technology, economic and financial resources and thebusiness related terms like goods and services around the world (Gruzinski, 2013). TESCO firmis a retail sector manufacturing chain of the groceries item that sell its goods across the world.These are the basic deal with across border countries that may enhance the international trade,social culture, standard and overall growth of the country in term of advancement of thetransportion and communication technology. Whereas it may arise the diplomacy and conflictsat large scale in the modern era of business around the world. It directly means to liberalise thebusiness financial activities that are based on the interchanging the goods and services. It is morefeasible for those business that wants to remove the barrier form the global markets bymanufacture the goods at higher level to supply the global demand. Impact of the globalisation on the business management can positive and negative onfirm in order to process the cross border business deal and information. It may creates manynegative impact to the business like unemployment, trade tariff rates, spread of western culture.The process of the globalisation provides a better chances to those who are unemployment in theparticular region. It may lead to eradicated the poverty world wide by increasing the goodopportunity around the world (Hawkesworth, 2018). TESCO firm is providing the internationalopportunity to those who are capable to work but not find the way or job opportunities indifferent countries. Management of the company may find a way at global platform byincreasing the capacity of their productivity to sell in various country. Technological factors may1
Contemporary Business Issues in a Globalized Environment - Assignment_3

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