Critical Review of Management Research Papers

This assignment provides a critical review of various management research papers, covering topics like cloud computing, international entrepreneurship, performance measurement practices, and more. The review includes studies from reputable journals such as the Baltic Journal of Management, Journal of Grid Computing, Journal of Business Venturing, and International Journal of Business, Management and Social Sciences.

Critical Issues in Business
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
1 Implications of key trends of goods and services between Commonwealth countries............1
2 Implication of Brexit on trade and investment within the finance sector in UK ....................3
3 Critically evaluation of possible challenges and opportunities of a multinational enterprise
in relation to changing global trade landscape ...........................................................................5
CONCLUSION................................................................................................................................1
REFRENCES...................................................................................................................................2

INTRODUCTION
The phase of post Brexit were very important for countries as they were developing
trading relations with other countries all around the globe. This is the most valuable factor for
economy in present era to earn high growth and profitability from their trading operations. After
Brexit, the era was most important for individual as it results in giving shapes to all their policies
and the trading policy were also largely growing in the domestic market areas and there was
higher loss to autonomy and sovereignty of public (Budhwar and Debrah, 2013). There were
changes in the economic conditions thus trading operations were carried out effectively among
different nations. The report is based on post Brexit time and the changes in global landscape in
the globalised world. This is the most important factor for economy as it results in growth and
development of the economy.
TASK
1 Implications of key trends of goods and services between Commonwealth countries
The concept which is linked with connection between common wealth countries is very
much effective and its importance is growing in economy that ultimately leads to growth and
development of the overall economy. According to the indexes, ratios which were taken out
reveal that goods that were exported from one country to another are more than billions and thus,
there was great exchange of goods and services (Patterson, and et. al., 2015). After the era of
post Brexit, there was constant growth of nations as countries who were involved in
commonwealth were giving values to one another. The common wealth trading between
different countries was beneficial for all the member nations as there was growth and
development in economy. Therefore, a large number of resources were available by which
people can easily explore their business operations all over the globe. According to the indexes
and graphs, data which was collected reveals that their was low trading among all the member
nations before the period of post Brexit and after post Brexit, sales were constantly increasing
which gradually resulted in overall development of the economy (Eriksson, 2013). According to
the above graph, it states that in year 2013, there was high growth as trading was largely taking
place among different nations but after this in 2013, there was downfall in the trading business as
there was significant impact on all countries that were involved in commonwealth.
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The trading of services and goods among different nations was beneficial as it results in
providing employment opportunities for a large group of people because high resources were
available from the economy and people were given with opportunities so they can employed
themselves and earn the basic necessities of their life. As people were employed thus they were
earning money which was beneficiary for the growth and evolution of nations. The main aim of
all they commonwealth countries are linked with expanding their overall business operations so
that poor countries can easily carry out their trading operations thus it results in achieving growth
for overall nations.
According to study of Cooper, (2017) it is analysed that there is execution of open system which
is useful in order to reduce poverty ratios from economy so that people can easily fulfil the basic
necessities of their life. As people are earning financial gains thus, the resources will also be
utilised in an effectual way (Foss and Knudsen, 2013) . So, firms can easily achieve growth and
success in their overall business operations. The data has revealed that all the commonwealth
countries are not involving themselves in trading operations and thus, their GDP ratios are also
lower while comparing with other countries.
According to the index ratios of Malaysia and Singapore, they are having the highest
ratios in exporting goods from one place to another and thus, these countries are having low
GDP rates. Malaysia is earning higher profits as they are involved in exporting and importing
goods from one location to another (Saraniemi and Kylänen, 2011). Therefore, the growth is
achieved for overall economy. The neighbourhood countries which are Singapore and Malaysia
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Illustration 1: Intra- common wealth trade in goods
(Source: Intra- common wealth trade in goods, 2017)

are those nations that are earning high profitability by involving themselves in various trading
operations. Thus, overall trading business operations area also double the GDP ratios that they
were earning high profitability. These neighbouring countries have achieved growth and success
in their overall business of trades as there were large number of job opportunities available for
people which help in the growth and evolution of economy.
According to the study report which was developed by Commonwealth society, it was
analysed that all countries which are involved in trading business are able to earn high
profitability and revenues from their overall business operations. Thus, it ultimately results in the
overall growth and development of economy. The important factor of goods which were traded
across the nations are related with overall growth as resources which were available are utilised
in effective and planned ways for attaining growth of business. The business related with trading
of goods from one country to another has achieved success in year 2012 as there were high
growth analysed people were employed poverty ratios were declined thus firms were able to
achieve success in their ventures. The countries which were involved in commonwealth are able
to earn high profitability before financial crisis. The studies have also shown that there was high
foreign direct investment coming in the economy (Goeleven, and et. al., 2011). Thus, it resulted
in overall growth and development as people were earning more money they fulfilled basic needs
of their life.
Around global, the commonwealth countries represent nations of group and they have
contributed successfully in the growth and developing all over economy. If business is executed
than there would be suggestions generated in the business between countries of wealth through
that it result in earning huge money and more comfort to the members from all over operations
of business (Sadgrove, 2016). Generated the results by econometric has reflected the partners of
bilateral are the members of countries of common wealth and help in gaining the high number of
profit which is helpful in achieving the high direct foreign investment so that economy can grow
and the poverty ratio can decline (Siebels and zu Knyphausen‐Aufseß, 2012). Another factor
which effect the commonwealth countries can translate all over effect into lowering the trading
cost. Making comparison with the other members of a countries of commonwealth as they are
gaining high profit from the operations of the business.
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2 Implication of Brexit on trade and investment within the finance sector in UK
Having great benefits with UK economy from the sector of finance and having a
successful of different countries commonwealth it is a main debate of financial services in
Brixit. Implication of investment and trade sector identified with the three factors related with
the UK finance sector and its advantages and disadvantages are given below :
Regulations Implication : It is a very complex factor in the terms of finance. The
regulator authorities of global areas had set their different rules and regulations on the other side
it is said that the rules of UK should be implemented higher than the rules set by the European
union. Brixit had reduced the banking sector stability and the crises can be raised which can
effect UK and EU regulatory policies and plan (Sturdy, 2011). Challenges can be implemented
that can suggest the rules and regulations which are implement by analysing laws as they are
formulated in UK. Solution which are implemented for arguments it is executed in single
marketing operations and UK and these are a highest and major priorities in negotiating factors
applicable at Brixit. All the favourable outcomes are connected with the UK ability of exporting
the factors connected with the financial crises and EU also (Hitt, Ireland, and Hoskisson, 2012).
It effect the decisions of future which global institutions had implement also reflect as best
opinion.
Any changes which are implemented adopt new rules and regulations. It relate with
organising business operations all around EU countries. Existence in UK there are high chances
for all the company who perform their operations of business all around the nation of European
performing their operations of business where there are higher demands and have to follow all
rules and regulations which were implied at the starting of financial year.
Economic impacts on City : Cities involved in trading operations are most challenging by
operations of Brixit in a very little time of durations as enjoying the competitive advantages thus
success in all over operations and growth attaining (Tatli, 2012). Ecosystem are highly
developed having the capabilities of challenging services which get effected. Replicate the
factors which they cant able to sustain the economy position and profitability and their growth
factors are enhanced. In order to make changes in a operations is the case where planning has
been done they are relate with the arguments so changes in infrastructure can be done related
with operations are conducted in the zones of Europeans. In the courts of European they are
supervising the court of justice.
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Other great impact as they slowdown in a talent of union of European union which comes from
the all over working sector of finance (Van Akenand Berends, 2017 ). Barriers are created which
are the weak points of UK requirements for working with the letter of permit and visas on the
other side they can welcome the concerns of finance.
Implications of cross border trading : Loss of rights and responsibility is one of the
biggest risk of firms are located in UK as they focus in services are sallied in the European
union. Adopt of models in the different firms such as Swiss banking so that they can controlled
the operations with subsidiaries without any pass of rights of porting and responsibilities. Overall
operations are having in many of the businesses at European nations of union example Dublin.
As they can gain knowledge from operations with local business and they can also deal with
indirect obstacles in the relation of trade to single operations of marketing business are known as
taxes.
Business activates are mainly focusing in a footprints it determine the cost over all border
operations and it is said that higher factor of complexity are again solve the higher cost of
operations of business (Ward, 2016). Their are various other options are their then also it reflect
the studies that there is reduction in the significant which are noticed in Brixit in exporting the
services and goods of the concerns financial in the European union.
Their are many others opportunities are their which relate with all the loss factors are
compensated and they can gain the success if there will be conduction of agreement of a bilateral
trade with all centre of financial which are available in economy. Example Hong Kong,
Singapore and having ties in cultural with nations of UK. With other countries they are easy top
trade and success all over operations of business and achieved growth.
3 Critically evaluation of possible challenges and opportunities of a multinational enterprise in
relation to changing global trade landscape
In this modern era the major focused area of each business organisation is to expand their
operations at wide scale as it is effective in attaining high position and brand image at market
place. Managing global operations can be considered as the most essential challenge for
company as it is essential in gaining high growth at wide area. Multinational companies faced
various challenges in order to implementing their operations and functions in a constantly
changing environment. As per the opinion of Kiss, Danis and Cavusgil, (2012) it has been
considered that the companied are widely focused on evaluating the rules and regulations that are
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implemented by countries in order to maintain their economic condition through increasing level
of international business. Government and its authorities plays a vast role in implementing
various rules and regulations that are effective in practical execution of multinational businesses.
There was a conference held in the month of October 2017, which highlights different
growth and development plans under Brixit and these programmes has direct influence on
various trading operations that are related with import and export of products and services from
one geographical area to another (Mingers, 2015). Company faces various issues and challenges
at the time of conducting business operations at a global sense as it is required for each business
firm to implement an effective marketing survey which helps in analysing the current situation
and also describes the issue factor and opportunities for firm an its growth.
All outcomes and results that are accumulated by the survey of 2017 and it is essential
for firm to compare this result with the past performance of company as it is valuable in setting
a benchmarks for the organisations who are having global operations. This is also effective in
creating appropriate changes in organisational operation as to attaining high competitive edge at
market place and provide competition to their rivals.
The basic risk is connected with the factor of global trading that were accompanying with
no access to the individual market in European Union. Government plays significant role in
increasing the price of various tax, quotas and tariff and through this business organisations are
not able to gain high profitability and growth. The associated report of firm helps in
differentiating the changing prices of tariffs and quotas. Different programs were considered that
were related with negotiation in Brixit Programmes.
The most essential challenge are connected with maintaining all the complexity factors
that are having a huge pressure in different area. It is the responsibility of government or its
authority to manage all import and export that are held in side and outside of the boundary and
also helps in enhancing economic condition of country. It is essential for each business firm to
remove conflicts form their operation who are taking effective part in global trading as it affects
the relation of country.
According to views Crane and Matten, ( 2016) it has been analyse regarding those areas
which create opportunity for development of firms it must given in top priority in their overall
operations. This is the major challenges which are faced by all operation involving in the supply
chain and global trading operation. This action create the awareness about the importance of all
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the factor which creates flexibility in the business operations so firms can achieve the
competitive gain in the global market which are changing according to uncertain conditions in
the economy. So that firms can easily achieve the target and development of the people in the
firm success in overall operation providing numbers of employment to the people to satisfy and
complete their needs and necessity of their life (Miller and Tsang, 2011).
The report publish regarding the planning template for all the trade who are involve in the
planning operation. There are various point shows the strong factor to face the challenges for the
firms and they can easily peruse by achieving competitive profits in the overall business
operations during the period of post war. These challenging factors are very important for the
firms to implementation of modern tools and techniques which helps the organisation to to
achieve the goals and also achieve the competitive advantage in globalised world. Accepting all
the challenges by all business as it help in gaining success and enhance the performance to
increase the overall GDP ratio in the economy. Challenges create a path to get success for every
business to gain profit which boost the economy and degrade the poverty ratio which create lots
of job opportunity for the people by these opportunity it aid people to fulfil their necessities of
life . The trading business reveals import and export from one country to another so that people
and firms can easily develop themselves and relevant to work in competitive work place
Kurien, and Qureshi, (2011).
In recent there are numerous number of higher trading demand for the UK business
operation the most important factor which are related to work in the flexible environment and
find their solution in relation to Brixit. All the firms who want to move forward in their business
operation which are not waiting for the post trading agreements they start applying effective
solution in respect to execute all the challenges with effective solution in order to easy
execution of business operation using modern tools and technique. This lead to success of the
business and development of the firms led to achieving higher profit.
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CONCLUSION
From the above report it is concluded which is discussed on the above report that the
Brixit firms are able to success in the economy and achieved the growth in a economy which are
involved in the operations of trading. As trends in the goods and services between
commonwealth countries had a very effective and rapidly growth in the economy. It help in the
success and growth of the firms. In the economy after the period the Brixit was beneficial which
remove the poverty as it gives the large number of opportunities in employment for the people as
they fulfil the people necessities of the life of the people. After the financial crises they notice the
continues changes in the global trend landscape which help the countries able to expand their
operations of the businesses it helps in increasing the growth and profitability of the firms and
also the gaining of competitive. UK economy is having the highest benefit in the sector of
finance while having the different commonwealth countries. They had implemented the higher
rules and regulations then the rules set by the European union. As the countries having ties in
their cultural like Singapore and Hong Kong with the nations of UK through that they easily
trade to others countries and achieve the growth and all over operations of business.
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REFRENCES
Books & Journals
Budhwar, P. S. and Debrah, Y. A. Eds., 2013. Human resource management in developing
countries. Routledge.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate citizenship and
sustainability in the age of globalization. Oxford University Press.
Eriksson, T., 2013. Methodological issues in dynamic capabilities research–a critical review.
Baltic Journal of Management. 8(3). pp. 306-327.
Foss, N. J. and Knudsen, C. eds., 2013. Towards a competence theory of the firm (Vol. 2).
Routledge.
Goeleven, Y., and et. al., 2011. Architectural requirements for cloud computing systems: an
enterprise cloud approach. Journal of Grid Computing. 9(1). pp. 3-26.
Hitt, M. A., Ireland, R. D. and Hoskisson, R. E., 2012. Strategic management cases:
competitiveness and globalization. Cengage Learning.
Kiss, A. N., Danis, W. M. and Cavusgil, S. T., 2012. International entrepreneurship research in
emerging economies: A critical review and research agenda. Journal of Business
Venturing. 27(2). pp. 266-290.
Kurien, G. P. and Qureshi, M. N., 2011. Study of performance measurement practices in supply
chain management. International Journal of Business, Management and Social
Sciences. 2(4). pp. 19-34.
Miller, K. D. and Tsang, E. W., 2011. Testing management theories: Critical realist philosophy
and research methods. Strategic Management Journal. 32(2). pp. 139-158.
Mingers, J., 2015. Helping business schools engage with real problems: The contribution of
critical realism and systems thinking. European Journal of Operational Research.
242(1). pp. 316-331.
Patterson, J.L., and et. al., 2015. Purchasing and supply chain management. Cengage Learning.
Sadgrove, K., 2016. The complete guide to business risk management. Routledge.
Saraniemi, S. and Kylänen, M., 2011. Problematizing the concept of tourism destination: An
analysis of different theoretical approaches. Journal of Travel Research. 50(2). pp. 133-
143.
Siebels, J. F. and zu Knyphausen‐Aufseß, D., 2012. A review of theory in family business
research: The implications for corporate governance. International Journal of
Management Reviews. 14(3). pp. 280-304.
Sturdy, A., 2011. Consultancy's consequences? A critical assessment of management
consultancy's impact on management. British Journal of Management. 22(3). pp. 517-
530.
Tatli, A., 2012. On the power and poverty of critical (self) reflection in critical management
studies: a comment on Ford, Harding and Learmonth. British Journal of Management.
23(1). pp. 22-30.
Van Aken, J. E. and Berends, H., 2017. Problem solving in organizations. Cambridge University
Press.
Ward, J., 2016. Keeping the family business healthy: How to plan for continuing growth,
profitability, and family leadership. Springer.
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