Global Business Management - Assignment Sample

Added on - 04 Mar 2021

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Course Title: Global Business (Management)Module Title: Business EnvironmentLevel: FourLecturer:Student Name:ID:
ContentsIntroduction......................................................................................................................................3Forms of organization..................................................................................................................3Legal structures of organization..................................................................................................3Public and private organizations..................................................................................................4Competition policy......................................................................................................................5Exploring the functions of CMA.................................................................................................5Macroeconomic objectives and policy instruments.....................................................................6Concept and Scope of the Globalization of Business..................................................................6Conclusion.......................................................................................................................................7References........................................................................................................................................8
IntroductionThe report seeks to find out different forms of business structure and how they operate accordingto organizational preferences and differentiate between certain forms of business. There will alsobe a brief discussion about how governments and states have allocated different policies toassure competition and stability in markets and how globalization helps companies to outgrowthemselves. The aim of the report is to find out the interrelationship between business structures,different policies and globalization.Forms of organizationForms of business organization is a dependable variable where the independent variables are sizeand nature of the business structure(Arco‐Castro ET & all, 2020). However there are basicallyfour types of business structure which are for-profit, not-for-profit, charities and cooperativeswhich will be discussed below.For-profit:Organizations that functions and revolves around making profits and theirown interests are of this kind. Most companies fall in this category and their primaryintention is to encash products or services to consumersNot-for-profit:The organizations that do not only have the intention of making profitsrather attempt to work for public service and participate in helping people are categorizedas not-for-profit business structure.Charities:The organizations that have the specific objective of ascertaining social well-being of people with special needs or requirements and are philanthropic reckoned ascharitable organizations.Cooperatives:Cooperative business or co-op is a structural business where theorganization is owned and operated by the people working in it and meanwhile they usethe commodities and services produced by the company.These are the most common structures of business seen everywhere.Legal structures of organizationLegal structure or also defined as business ownership structure is basically the form of thebusiness and here four primary types of structure will discussed which are sole proprietorship,partnership, private and public companies.Sole proprietorship:Sole trading is the simplest straight forward business where theowner control and monitor all the functions of business and these are primarily home-
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