Global Business Environment: Factors, Benefits, and Challenges for Businesses
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This report discusses the concept of globalization and its key factors, benefits, and challenges for businesses in the global business environment. It also explores theoretical models and ethical factors for international expansion. The report focuses on Deliveroo, a global food delivery organization, and its operations in 12 countries. The report is divided into two parts, with the first part discussing external evaluation and driving forces of global business, effects of digital technology, and strategic challenges. The second part covers theoretical models for international expansion, ethical and sustainable factors, key barriers for entering and operating in international markets, and different methods for decision making in a global context. The report concludes with a suggested best route for Deliveroo to expand its business.
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Explain the concept of globalisation and identify the key factors which drive this process.......1
Critically analyse the impact that the above factors have upon the global business
environment in terms of benefits and challenges for businesses................................................2
CONCLUSION................................................................................................................................3
PART 2............................................................................................................................................4
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Apply appropriate theoretical models.........................................................................................4
Using specific examples, provide a critical evaluation of ethical and sustainable factors that
the organisation has to consider in the international / global market..........................................5
Identify the key barriers for entering and operating in international markets,............................6
Different methods for decision making can work effectively in a global context......................6
Justify the route through a business can move to other country with its benefits and challenges
after that suggest a one of best route that company can use to move in market. ......................7
CONCLUSION................................................................................................................................8
References:.......................................................................................................................................9
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Explain the concept of globalisation and identify the key factors which drive this process.......1
Critically analyse the impact that the above factors have upon the global business
environment in terms of benefits and challenges for businesses................................................2
CONCLUSION................................................................................................................................3
PART 2............................................................................................................................................4
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Apply appropriate theoretical models.........................................................................................4
Using specific examples, provide a critical evaluation of ethical and sustainable factors that
the organisation has to consider in the international / global market..........................................5
Identify the key barriers for entering and operating in international markets,............................6
Different methods for decision making can work effectively in a global context......................6
Justify the route through a business can move to other country with its benefits and challenges
after that suggest a one of best route that company can use to move in market. ......................7
CONCLUSION................................................................................................................................8
References:.......................................................................................................................................9
INTRODUCTION
Globalization means to the process of scaling the operations of the business in the global
market with the expectations of creating linkage with every of the function of the business. It can
also be understood that Have globalization functions as the vital growth in the method of
manufacturing of the services as well as goods at the international level.. In addition to this
scaling of the operations of the business in the global market that assist in the expansion of
technology, global, information, economic culture as well as trade. The following report is based
on the organization deliveroo that is known to be the global organization at functions as well as
deals in the food delivery (Vihari, 2019). The organization is having its headquarters in London
United Kingdom. Moreover to this the respective organization is functioning there operations of
the business in around 12 countries around the world. Furthermore the respective report will be
separated into 2 elements in which initial section will describe the external evaluation and also
the driving forces of the global business, effects of digital technology as well as strategic
challenges on the business. Moreover to this another part will be the set of sustainable as well as
ethical internationalization on the respective organization and in order to do that several different
theories and models together with the brief explanation of many methods of entry that sector can
implement at the time of launching the operations of the business at the international level.
MAIN BODY
Globalization supports the forthcoming altogether of a person, organization as well as resources
from several countries. The particular features of the process of economy have allowed the
individuals with diverse culture as well as prospect in order to communicate as well as interact
freely. This is the transportation which has supported the businesses at the international level at
the new level in the fast some years.
Explain the concept of globalisation and identify the key factors which drive this process.
The global circulation of the labour,, investment, details, technology as well as ideas
known to be the part of globalization (Bhale, 2020). It basically shows the prominence off after
the recent cold or at the time when several nations or the economies of the entire globe get
enhance level integrated as well as the boundaries of the nation together with the nation did not
consistently become sacred as in past. In addition to this economic as well as trade linkage
among several different countries become more broad. The give as well as take of the thoughts
1
Globalization means to the process of scaling the operations of the business in the global
market with the expectations of creating linkage with every of the function of the business. It can
also be understood that Have globalization functions as the vital growth in the method of
manufacturing of the services as well as goods at the international level.. In addition to this
scaling of the operations of the business in the global market that assist in the expansion of
technology, global, information, economic culture as well as trade. The following report is based
on the organization deliveroo that is known to be the global organization at functions as well as
deals in the food delivery (Vihari, 2019). The organization is having its headquarters in London
United Kingdom. Moreover to this the respective organization is functioning there operations of
the business in around 12 countries around the world. Furthermore the respective report will be
separated into 2 elements in which initial section will describe the external evaluation and also
the driving forces of the global business, effects of digital technology as well as strategic
challenges on the business. Moreover to this another part will be the set of sustainable as well as
ethical internationalization on the respective organization and in order to do that several different
theories and models together with the brief explanation of many methods of entry that sector can
implement at the time of launching the operations of the business at the international level.
MAIN BODY
Globalization supports the forthcoming altogether of a person, organization as well as resources
from several countries. The particular features of the process of economy have allowed the
individuals with diverse culture as well as prospect in order to communicate as well as interact
freely. This is the transportation which has supported the businesses at the international level at
the new level in the fast some years.
Explain the concept of globalisation and identify the key factors which drive this process.
The global circulation of the labour,, investment, details, technology as well as ideas
known to be the part of globalization (Bhale, 2020). It basically shows the prominence off after
the recent cold or at the time when several nations or the economies of the entire globe get
enhance level integrated as well as the boundaries of the nation together with the nation did not
consistently become sacred as in past. In addition to this economic as well as trade linkage
among several different countries become more broad. The give as well as take of the thoughts
1
among the different people around the globe enhanced because of the ultimate revolution and
adaptation of latest technology several growth and events initiate to be considered in all the
places. Below are few of the elements which are described .
 Cost – This has refers to the entire cost or expenses that are spent by the organization to
the country for the single goal of enhancing the extreme benefits at the international
stage. At the time functioning on the global level expenses and cost provide few of the
possibilities together with the betterment of the commercial business as well (Faghih, and
Zali, 2018). If a sector cherishes the benefits of the course then it can assist them in
earning more and more profitability also. In relation to minimise the expenses and costing
of the operations of the business the management of the respective organization is
required to recruit talented as well as skilled managers leaders so that organization can
focus on achieving their long term goals and objectives in an effective as well as efficient
way. Management of the respective organization can also take benefit of the cost by
minimising the expenses of the business and they can also supply the products in large
quantity that will assist them in minimising the cost of delivery agents.
ď‚· Market - This element offers advantages to the global and local market that also provide
possibilities of market to the organization that is crucial for the company at the time of
functioning scaling of the organization in the international area of the market. In relation
to the respective organization management can complete and accomplish the large share
of market that will assist them in attaining the long term success as well as sustainability
in the market area. In addition to this it is very crucial for the managers or the leaders of
the organization in order to consider that management to evaluate the needs as well as
references of their consumer so that the organization can provide more appropriate
services in accordance to the requirements of the market. This function provides support
in gaining more profitability as well as sales revenue of the organization in the
international market area (Bhasin, and Garg, 2020)
 Competition – It refers to the few of the commercial businesses which are available and
accessible in the global market area that are basically offering the goods as well as
services which are similar to the respective organization and due to the globalization it
has been evaluated as well as identified that the rivalry in the international market area is
enhancing on a consistent basis. Moreover to this rivalry in the international market can
2
adaptation of latest technology several growth and events initiate to be considered in all the
places. Below are few of the elements which are described .
 Cost – This has refers to the entire cost or expenses that are spent by the organization to
the country for the single goal of enhancing the extreme benefits at the international
stage. At the time functioning on the global level expenses and cost provide few of the
possibilities together with the betterment of the commercial business as well (Faghih, and
Zali, 2018). If a sector cherishes the benefits of the course then it can assist them in
earning more and more profitability also. In relation to minimise the expenses and costing
of the operations of the business the management of the respective organization is
required to recruit talented as well as skilled managers leaders so that organization can
focus on achieving their long term goals and objectives in an effective as well as efficient
way. Management of the respective organization can also take benefit of the cost by
minimising the expenses of the business and they can also supply the products in large
quantity that will assist them in minimising the cost of delivery agents.
ď‚· Market - This element offers advantages to the global and local market that also provide
possibilities of market to the organization that is crucial for the company at the time of
functioning scaling of the organization in the international area of the market. In relation
to the respective organization management can complete and accomplish the large share
of market that will assist them in attaining the long term success as well as sustainability
in the market area. In addition to this it is very crucial for the managers or the leaders of
the organization in order to consider that management to evaluate the needs as well as
references of their consumer so that the organization can provide more appropriate
services in accordance to the requirements of the market. This function provides support
in gaining more profitability as well as sales revenue of the organization in the
international market area (Bhasin, and Garg, 2020)
 Competition – It refers to the few of the commercial businesses which are available and
accessible in the global market area that are basically offering the goods as well as
services which are similar to the respective organization and due to the globalization it
has been evaluated as well as identified that the rivalry in the international market area is
enhancing on a consistent basis. Moreover to this rivalry in the international market can
2
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affect the organization in order to react and function their practices there. Management of
the respective organization is also focused in functioning in the international market area
that basically means to the organization is encountering extreme competitiveness.
Critically analyse the impact that the above factors have upon the global
business environment in terms of benefits and challenges for businesses.
The idea of internationalization is linked to the productivity as well as performance of the
observations of the business with more efficiency as well as effectiveness through utilizing the
effective and efficient strategy. These activities can provide assistance to the organization and
functioning the operations in the suitable as well as effective way and also the platform in which
specific off the organization from several different countries can function the operations of their
organization which are linked to the activity of business (Aerni, 2018). In addition to this it has
been understood that there are several challenges and problems which are encountered by the
commercial businesses in the market area at the time of functioning their operations of the
business. Few of the problems and issues which are encountered by the several organizations at
the time of scaling the operations of the business globally describe blue in brief.
 Loss of cultural identity – The commercial business have to function with the
individuals of several different culture and due to the existence of several different
dynamic trends in the market area globally. So this is involved and also at the time of
functioning the operations of the business in few of the countries. Evaluating as well as
executing the few culture of several countries is properly researched they are trend. In
addition to this the respective organization have to concentrate on improving the policies
of their working in the effective way so that organization can improve productivity in its
operations as well as enhance the level of efficiency as well. In relation to the
organization appropriate functioning of the business can be done if the respective
organization is required to with suitably modify the products as well as services and
create them in accordance to the taste as well as preferences of their consumers in the
market area.
 Entry fees – A global organization have to pay more specific charge at the time of selling
the products to the another nation or exporting their goods. And also at the time of
scaling the operations of the commercial business in the another country the management
of the respective organization needs to pay the specific amount of fees which is fixed as
3
the respective organization is also focused in functioning in the international market area
that basically means to the organization is encountering extreme competitiveness.
Critically analyse the impact that the above factors have upon the global
business environment in terms of benefits and challenges for businesses.
The idea of internationalization is linked to the productivity as well as performance of the
observations of the business with more efficiency as well as effectiveness through utilizing the
effective and efficient strategy. These activities can provide assistance to the organization and
functioning the operations in the suitable as well as effective way and also the platform in which
specific off the organization from several different countries can function the operations of their
organization which are linked to the activity of business (Aerni, 2018). In addition to this it has
been understood that there are several challenges and problems which are encountered by the
commercial businesses in the market area at the time of functioning their operations of the
business. Few of the problems and issues which are encountered by the several organizations at
the time of scaling the operations of the business globally describe blue in brief.
 Loss of cultural identity – The commercial business have to function with the
individuals of several different culture and due to the existence of several different
dynamic trends in the market area globally. So this is involved and also at the time of
functioning the operations of the business in few of the countries. Evaluating as well as
executing the few culture of several countries is properly researched they are trend. In
addition to this the respective organization have to concentrate on improving the policies
of their working in the effective way so that organization can improve productivity in its
operations as well as enhance the level of efficiency as well. In relation to the
organization appropriate functioning of the business can be done if the respective
organization is required to with suitably modify the products as well as services and
create them in accordance to the taste as well as preferences of their consumers in the
market area.
 Entry fees – A global organization have to pay more specific charge at the time of selling
the products to the another nation or exporting their goods. And also at the time of
scaling the operations of the commercial business in the another country the management
of the respective organization needs to pay the specific amount of fees which is fixed as
3
the suits of expansion that the management are executing. For the company like delhivroo
This is very crucial for the respective business in order to provide the fees of export at the
time of functioning the practices with few of the international as well as local businesses.
Moreover to this earning more and more revenue is the main goal of expansion of the
organization in few of the countries (Kasemsap, 2020)
CONCLUSION
From the above report it has been included that globalization has provide the support to
the nation in order to integrate their specific economy in respect to the entire world. In addition
to this it has also minimised the barriers to trade and also increase the practices of economic
effectively as well as efficiently. This has also been evaluated That technological social and
cultural exchange which have provided assistance to the legal bodies of the nation in order to
maintain its external as well as internal problems with the more efficiency and effectiveness.
From the web report it has also been concluded that the idea of internationalisation as well as its
vital elements which are involved in the process of globalization. Furthermore it represents few
of the vital problems which is encounter that the time of scaling the operations of the business in
the other nation.
PART 2
INTRODUCTION
Every business aims to expand business in another to have a long term sustainability in
marketplace. It is an effective manner in which business is required to invest a huge amount to
introduce brand in other country with the aim of earning profit in good ratio and return (Berg,
2020). In this report will cover the theory and models in terms of expanding business in
international company after that the different routes that is to expanding business in other
region successfully. Further this will suggest a best suited mode for deliveroo to expand
company.
4
This is very crucial for the respective business in order to provide the fees of export at the
time of functioning the practices with few of the international as well as local businesses.
Moreover to this earning more and more revenue is the main goal of expansion of the
organization in few of the countries (Kasemsap, 2020)
CONCLUSION
From the above report it has been included that globalization has provide the support to
the nation in order to integrate their specific economy in respect to the entire world. In addition
to this it has also minimised the barriers to trade and also increase the practices of economic
effectively as well as efficiently. This has also been evaluated That technological social and
cultural exchange which have provided assistance to the legal bodies of the nation in order to
maintain its external as well as internal problems with the more efficiency and effectiveness.
From the web report it has also been concluded that the idea of internationalisation as well as its
vital elements which are involved in the process of globalization. Furthermore it represents few
of the vital problems which is encounter that the time of scaling the operations of the business in
the other nation.
PART 2
INTRODUCTION
Every business aims to expand business in another to have a long term sustainability in
marketplace. It is an effective manner in which business is required to invest a huge amount to
introduce brand in other country with the aim of earning profit in good ratio and return (Berg,
2020). In this report will cover the theory and models in terms of expanding business in
international company after that the different routes that is to expanding business in other
region successfully. Further this will suggest a best suited mode for deliveroo to expand
company.
4
MAIN BODY
Apply appropriate theoretical models.
The main goal of executing the several theories and models to attain efficiency and effectiveness
in the respective organization for the main purpose of accomplishing the long term goals as well
as objectives of the business in the effective and efficient way. In order to do this application of
McKinsey model is utilised by the respective organization and it is described below in brief.
Structure: This represents the organised element of the commercial business and this is also
crucial for the respective organization in order to concentrate more on the composition of the
company so that the employees and management of the organization can evaluate their
obligation and responsibilities in an appropriate way (Uluskan, and Godfrey, 2018). In context to
the company management have to enhance its effectual structure which is the business structure
that has the suitable as well as transparent existence of view of divisions at the international
stage.
Strategy: It refers to the organization planning that are being proceed through the commercial
business for the aim of appropriate implementation of the practices of the business. In addition to
this management of the respective organization can enhance the strategies and techniques
effectively that tend to gain more and more profitability in the market area. In addition to this it
is also crucial for the managers or leaders of the organization in order to enhance the policies and
techniques that provide support to the commercial business in accomplishing the objectives and
goals of long term in an effective and efficient way which provides the organization and edge
over their competitors as well (Joshi, Rastogi, and Klein, 2022) .
System: In relation to maintain the functions of the practices of the business system operate as
substructure and specialized way. Management of the organization is highly focusing on
executing the advance and huge applications in relation to function the operations of the
organization in an streamlined and effective way on the international stage as well. In addition to
this the utilization of the latest tech at the function of the company also provides the results in
making several crucial decisions that provide assistance in acquiring the long term position and
establishment in the marketplace the organization.
Skills: This is known to be the capability as well as competence of the employee in the
commercial business that provides support to the organization in accomplishing the aims as well
as goals of the business in an effective and efficient way. The management of the respective
5
Apply appropriate theoretical models.
The main goal of executing the several theories and models to attain efficiency and effectiveness
in the respective organization for the main purpose of accomplishing the long term goals as well
as objectives of the business in the effective and efficient way. In order to do this application of
McKinsey model is utilised by the respective organization and it is described below in brief.
Structure: This represents the organised element of the commercial business and this is also
crucial for the respective organization in order to concentrate more on the composition of the
company so that the employees and management of the organization can evaluate their
obligation and responsibilities in an appropriate way (Uluskan, and Godfrey, 2018). In context to
the company management have to enhance its effectual structure which is the business structure
that has the suitable as well as transparent existence of view of divisions at the international
stage.
Strategy: It refers to the organization planning that are being proceed through the commercial
business for the aim of appropriate implementation of the practices of the business. In addition to
this management of the respective organization can enhance the strategies and techniques
effectively that tend to gain more and more profitability in the market area. In addition to this it
is also crucial for the managers or leaders of the organization in order to enhance the policies and
techniques that provide support to the commercial business in accomplishing the objectives and
goals of long term in an effective and efficient way which provides the organization and edge
over their competitors as well (Joshi, Rastogi, and Klein, 2022) .
System: In relation to maintain the functions of the practices of the business system operate as
substructure and specialized way. Management of the organization is highly focusing on
executing the advance and huge applications in relation to function the operations of the
organization in an streamlined and effective way on the international stage as well. In addition to
this the utilization of the latest tech at the function of the company also provides the results in
making several crucial decisions that provide assistance in acquiring the long term position and
establishment in the marketplace the organization.
Skills: This is known to be the capability as well as competence of the employee in the
commercial business that provides support to the organization in accomplishing the aims as well
as goals of the business in an effective and efficient way. The management of the respective
5
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organization is paying more emphasis on setting several of the have rules and regulation that
tend to the betterment of the employee and provide assistance for the function in the operation
with more productivity and abilities. In case of the respective organization management is also
focusing on providing suitable training to their employees that assist the enhancing their skills
and abilities (Van Dreunen, 2020).
Staff: The member of staff of the commercial business are involved and known to be the most
crucial element of the company as all the functioning in the premises are actually done by the
employees. In addition to this managers are the leaders of the respective organization are majorly
concentrated on training of the Staffs that make them more accurate and lean towards the
structure and culture of the organization. Hence this has also providing long term existence to the
sector and the organization and it also motivates the member of the start of the organization in
work on the task in an effective as well as efficient manner which assess the organization in
accomplishing their long term goals and objectives that will lead to there success and
sustainability in the market area.
Style: For the goal of growth of the code of a groudon behaviour the management of the
respective organization utilise specific style of leading the organization so that management can
make several crucial decision which is linked to the betterment of the company. In addition to
this the respective organization is utilizing the leadership style which is democratic that provides
the organization the suitable opportunity in order to provide a chance to the employees to
provide their creative as well as innovative thoughts and ideas that is associated to the betterment
of the commercial business at the international stage (Rezaee, 2019).
Shared Values: The value, mission, objectives as well as vision of the commercial business are
known to be the initial ways of system together with acting as an essential part in the practices of
the business as well. In relation to the managers or leaders of the respective company who is
accountable of functioning and implementing the work in accordance to the machine as well as
vision of the business that provides suitable direction and guidance to the employees in order to
function and perform effectively and efficiently at the international stage..
Using specific examples, provide a critical evaluation of ethical and sustainable factors that the
organisation has to consider in the international / global market.
The sustainable factors of economic process defines to such determiner that drives business to
The ethical elements in the commercial business are judged to the method where the goods as
6
tend to the betterment of the employee and provide assistance for the function in the operation
with more productivity and abilities. In case of the respective organization management is also
focusing on providing suitable training to their employees that assist the enhancing their skills
and abilities (Van Dreunen, 2020).
Staff: The member of staff of the commercial business are involved and known to be the most
crucial element of the company as all the functioning in the premises are actually done by the
employees. In addition to this managers are the leaders of the respective organization are majorly
concentrated on training of the Staffs that make them more accurate and lean towards the
structure and culture of the organization. Hence this has also providing long term existence to the
sector and the organization and it also motivates the member of the start of the organization in
work on the task in an effective as well as efficient manner which assess the organization in
accomplishing their long term goals and objectives that will lead to there success and
sustainability in the market area.
Style: For the goal of growth of the code of a groudon behaviour the management of the
respective organization utilise specific style of leading the organization so that management can
make several crucial decision which is linked to the betterment of the company. In addition to
this the respective organization is utilizing the leadership style which is democratic that provides
the organization the suitable opportunity in order to provide a chance to the employees to
provide their creative as well as innovative thoughts and ideas that is associated to the betterment
of the commercial business at the international stage (Rezaee, 2019).
Shared Values: The value, mission, objectives as well as vision of the commercial business are
known to be the initial ways of system together with acting as an essential part in the practices of
the business as well. In relation to the managers or leaders of the respective company who is
accountable of functioning and implementing the work in accordance to the machine as well as
vision of the business that provides suitable direction and guidance to the employees in order to
function and perform effectively and efficiently at the international stage..
Using specific examples, provide a critical evaluation of ethical and sustainable factors that the
organisation has to consider in the international / global market.
The sustainable factors of economic process defines to such determiner that drives business to
The ethical elements in the commercial business are judged to the method where the goods as
6
well as offerings and the applications of the date of the organization are basically
commercialised with worth together with it’s authentic type. In addition to this the moral
elements provide support in evaluating in which what is not fair and what is correct in the
commercial business (Ronit, 2018). Moreover to this it leads towards the wide ratio of element
that understood some investors and stakeholders of the organization which have suppliers,
buyers working members of the organization, authorities and various more. Moreover to this the
sustainable elements of the process of economy known to search determiner bridge leads the
operations of the business to attain the presence at the global level and also accomplish in edge
over their competition in the global stage. It also enhance the level of profits of the organization
so that management can sustain and attain success in the global market area . The several
elements which provide assistance to the property of the respective organization involves
effectiveness and efficiency of proportion, human resource of the company together with suitable
marketing of the products and employment of the organization. This basically encourages the
consumers and also influence them to function with the sector.
Identify the key barriers for entering and operating in international markets,
ď‚· Cultural barriers - It means to the barrier as it creates effectual of rating in the
organization as all the nations have different types of the cultures that are followed by the
people in that particular market area which influence on the operations of the business as
well as its profitability the entrepreneur required to evaluate the marketing condition as
well as culture of the specific marketplace in which the commercial businesses focusing
to scale the operations of the business (Berman, and Dalzell-Payne, 2018)
ď‚· Political barriers - Several nations poses different types of policies as well set of rules in
order to set the operations of business so that it makes it more complex to evaluate the
regulations and this is also essential in order to function in accordance to the systematic
functioning and policies of the organization. In relation to the respective organization
management requires to function in accordance to the rules and norms that need to be
applied for the functioning of the operations in an effective as well as efficient way.
Different methods for decision making can work effectively in a global context.
In relation to the attaining crucial decision for the long term this is crucial for the organization in
order to justify the way by which the management can make several suitable decisions which
provide assistance to dam in scaling the operations of the organization as well at the global stage.
7
commercialised with worth together with it’s authentic type. In addition to this the moral
elements provide support in evaluating in which what is not fair and what is correct in the
commercial business (Ronit, 2018). Moreover to this it leads towards the wide ratio of element
that understood some investors and stakeholders of the organization which have suppliers,
buyers working members of the organization, authorities and various more. Moreover to this the
sustainable elements of the process of economy known to search determiner bridge leads the
operations of the business to attain the presence at the global level and also accomplish in edge
over their competition in the global stage. It also enhance the level of profits of the organization
so that management can sustain and attain success in the global market area . The several
elements which provide assistance to the property of the respective organization involves
effectiveness and efficiency of proportion, human resource of the company together with suitable
marketing of the products and employment of the organization. This basically encourages the
consumers and also influence them to function with the sector.
Identify the key barriers for entering and operating in international markets,
ď‚· Cultural barriers - It means to the barrier as it creates effectual of rating in the
organization as all the nations have different types of the cultures that are followed by the
people in that particular market area which influence on the operations of the business as
well as its profitability the entrepreneur required to evaluate the marketing condition as
well as culture of the specific marketplace in which the commercial businesses focusing
to scale the operations of the business (Berman, and Dalzell-Payne, 2018)
ď‚· Political barriers - Several nations poses different types of policies as well set of rules in
order to set the operations of business so that it makes it more complex to evaluate the
regulations and this is also essential in order to function in accordance to the systematic
functioning and policies of the organization. In relation to the respective organization
management requires to function in accordance to the rules and norms that need to be
applied for the functioning of the operations in an effective as well as efficient way.
Different methods for decision making can work effectively in a global context.
In relation to the attaining crucial decision for the long term this is crucial for the organization in
order to justify the way by which the management can make several suitable decisions which
provide assistance to dam in scaling the operations of the organization as well at the global stage.
7
Few of the elements that influence the process of decision making of the company are described
below in brief.
ď‚· Decision Trees: In relation to monitoring the result of taking any type of the crucial
decision this process can be utilised by the management. In addition to this it also provide
assistance to the respective organization in expecting the activities that are appropriate for
the betterment of the business in the international market area and also what can be
examined and what cannot (Hamilton, and Webster, 2018)
ď‚· Improve an eye for the risk: In context to taking the commercial business In
accordance to function with several different uncertainties interest and in order to
overcome this the organization need to focus on keeping the major away on the
element of risk as well. It provides assistance to the organization in making them more
prepared to encounter several different factors of risk that are involved in the
commercial business as it provides support to them in making several decisions
effectively and efficiently for the betterment of the business as well. In addition to this
it is known to be the crucial as well as major work for the international organization as
they support in minimising the element of risk from the sector.
Justify the route through a business can move to other country with its benefits and challenges
after that suggest a one of best route that company can use to move in market.
Licensing - It refers to positioning the business in the global market area where the commercial
business offers a suitable license or agreement to the another organization by which they can
function the operations of the business by taking the name of the respective organization that
have provided the license. It is represented extremely impressive regulation which is implied to
provide assistance with respective organization from scaling the operations of the business at the
international stage. In relation to the respective organization the management focus in
implementing various charges as if which is sort for utilizing the services as well as name of the
organization in several different countries (Xie, and Redding, 2018)
Exporting - It is known as the method through which commercial business exports the services
and products to another party around the world. In context to the respective company the
management can export there several different sources by that they can deliver the products
which will assist them in expanding their operations of the business.
8
below in brief.
ď‚· Decision Trees: In relation to monitoring the result of taking any type of the crucial
decision this process can be utilised by the management. In addition to this it also provide
assistance to the respective organization in expecting the activities that are appropriate for
the betterment of the business in the international market area and also what can be
examined and what cannot (Hamilton, and Webster, 2018)
ď‚· Improve an eye for the risk: In context to taking the commercial business In
accordance to function with several different uncertainties interest and in order to
overcome this the organization need to focus on keeping the major away on the
element of risk as well. It provides assistance to the organization in making them more
prepared to encounter several different factors of risk that are involved in the
commercial business as it provides support to them in making several decisions
effectively and efficiently for the betterment of the business as well. In addition to this
it is known to be the crucial as well as major work for the international organization as
they support in minimising the element of risk from the sector.
Justify the route through a business can move to other country with its benefits and challenges
after that suggest a one of best route that company can use to move in market.
Licensing - It refers to positioning the business in the global market area where the commercial
business offers a suitable license or agreement to the another organization by which they can
function the operations of the business by taking the name of the respective organization that
have provided the license. It is represented extremely impressive regulation which is implied to
provide assistance with respective organization from scaling the operations of the business at the
international stage. In relation to the respective organization the management focus in
implementing various charges as if which is sort for utilizing the services as well as name of the
organization in several different countries (Xie, and Redding, 2018)
Exporting - It is known as the method through which commercial business exports the services
and products to another party around the world. In context to the respective company the
management can export there several different sources by that they can deliver the products
which will assist them in expanding their operations of the business.
8
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In according to the above topic this has been recommended that management of the respective
organization need to opt licensing because this process is the low budget.
CONCLUSION
From the above report it has been concluded that a concern extremely concentrated on the
growing of the business in several different nations via several culture, trends of the
organization, mentors as well as governance. In addition to this it provide assistance to the
respective company in effectively accomplishing their long terms goals as well as objectives
which provides them an edge over their competitors at the international level as it will lead to
there sustainability and success for the long term in the market area as well. Moreover to this
several different types which provide assistance to the business in making several efficient and
effective decisions through involving several different elements at the global level..
References:
Books and Journals
Xie, E. and Redding, K.S., 2018. State-owned enterprises in the contemporary global business
scenario: Introduction. International Journal of Public Sector Management.
Hamilton, L. and Webster, P., 2018. The international business environment. Oxford University
Press.
Berman, S. and Dalzell-Payne, P., 2018. The interaction of strategy and technology in an era of
business re-invention. Strategy & Leadership.
Ronit, K., 2018. Global business associations. Routledge.
Rezaee, Z., 2019. Business sustainability, corporate governance, and organizational ethics. John
Wiley & Sons.
Van Dreunen, J., 2020. One Up: Creativity, Competition, and the Global Business of Video
Games. Columbia University Press.
Joshi, M., Rastogi, G. and Klein, J.R., 2022. Global Business in the Age of Destruction and
Distraction. Oxford University Press.
Uluskan, M. and Godfrey, A.B., 2018. Business environment-supply chain framework and
benchmarking supply chain structures: Haiti versus China. Benchmarking: An
International Journal.
Berg, D.M., 2020. Preparing Students for the" Next" Global: The Responsibilities and Tools of
International Business Education. AIB Insights, 20(1), pp.1-5.
Kasemsap, K., 2020. The role of strategic outsourcing in global business. In Foreign Direct
Investments: Concepts, Methodologies, Tools, and Applications (pp. 236-268). IGI
Global.
Aerni, P., 2018. Global business in local culture: The impact of embedded multinational
enterprises. Springer.
9
organization need to opt licensing because this process is the low budget.
CONCLUSION
From the above report it has been concluded that a concern extremely concentrated on the
growing of the business in several different nations via several culture, trends of the
organization, mentors as well as governance. In addition to this it provide assistance to the
respective company in effectively accomplishing their long terms goals as well as objectives
which provides them an edge over their competitors at the international level as it will lead to
there sustainability and success for the long term in the market area as well. Moreover to this
several different types which provide assistance to the business in making several efficient and
effective decisions through involving several different elements at the global level..
References:
Books and Journals
Xie, E. and Redding, K.S., 2018. State-owned enterprises in the contemporary global business
scenario: Introduction. International Journal of Public Sector Management.
Hamilton, L. and Webster, P., 2018. The international business environment. Oxford University
Press.
Berman, S. and Dalzell-Payne, P., 2018. The interaction of strategy and technology in an era of
business re-invention. Strategy & Leadership.
Ronit, K., 2018. Global business associations. Routledge.
Rezaee, Z., 2019. Business sustainability, corporate governance, and organizational ethics. John
Wiley & Sons.
Van Dreunen, J., 2020. One Up: Creativity, Competition, and the Global Business of Video
Games. Columbia University Press.
Joshi, M., Rastogi, G. and Klein, J.R., 2022. Global Business in the Age of Destruction and
Distraction. Oxford University Press.
Uluskan, M. and Godfrey, A.B., 2018. Business environment-supply chain framework and
benchmarking supply chain structures: Haiti versus China. Benchmarking: An
International Journal.
Berg, D.M., 2020. Preparing Students for the" Next" Global: The Responsibilities and Tools of
International Business Education. AIB Insights, 20(1), pp.1-5.
Kasemsap, K., 2020. The role of strategic outsourcing in global business. In Foreign Direct
Investments: Concepts, Methodologies, Tools, and Applications (pp. 236-268). IGI
Global.
Aerni, P., 2018. Global business in local culture: The impact of embedded multinational
enterprises. Springer.
9
Bhasin, N. and Garg, S., 2020. Impact of institutional environment on inward FDI: A case of
select emerging market economies. Global Business Review, 21(5), pp.1279-1301.
Faghih, N. and Zali, M.R. eds., 2018. Entrepreneurship Ecosystem in the Middle East and North
Africa (MENA): Dynamics in Trends, Policy and Business Environment. Springer.
Bhale, S., 2020. Enduring industry dynamics through agile business strategy. Indian Journal of
Ecology, 47(spl), pp.47-50.
Vihari, N.S., 2019. Effects of business model innovation on corporate sustainability: intervening
role of organisational learning and strategic flexibility. International Journal of
Innovation and Learning, 26(2), pp.131-154.
10
select emerging market economies. Global Business Review, 21(5), pp.1279-1301.
Faghih, N. and Zali, M.R. eds., 2018. Entrepreneurship Ecosystem in the Middle East and North
Africa (MENA): Dynamics in Trends, Policy and Business Environment. Springer.
Bhale, S., 2020. Enduring industry dynamics through agile business strategy. Indian Journal of
Ecology, 47(spl), pp.47-50.
Vihari, N.S., 2019. Effects of business model innovation on corporate sustainability: intervening
role of organisational learning and strategic flexibility. International Journal of
Innovation and Learning, 26(2), pp.131-154.
10
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