Global Business Environment Assignment - Doc

   

Added on  2020-07-22

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GLOBAL BUSINESSENVIRONMENT
Global Business Environment Assignment - Doc_1
INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Key factors of cost, market, environment and competition...................................................1P2 Complexity of strategic challenges faced by BMW while operating in global businessenvironment................................................................................................................................3TASK 2............................................................................................................................................5P3 Influence of globalisation on organization and its various factors........................................5P4 Evaluation of influences of ethical and sustainable globalisation upon organisationalfunctions......................................................................................................................................6TASK 3............................................................................................................................................8P5 Evaluation of different decision making approaches on a global level.................................8P6 Determination of various routes to internationalisation, inclusion of key barriers..............10CONCLUSION..............................................................................................................................11
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Global Business Environment Assignment - Doc_3
INTRODUCTIONGlobalisation is all about exchange of goods or services at international marketplace inorder to attain gain maximum competitive advantage by satisfying needs or desired of customers.In fact, it has been analysed that most of the multinational companies are emerging at worldwidesector for increasing the trade level with foreign markets. BMW is one of the most leadingassociation across the international level which engaged in manufacturing car by having itsmaximum branches in various nations (Apăvăloaie, 2014) .. Along with this, product demand is increasing day by day which helps in establishing thecompany image at marketplace. As a result it aids in maximizing the company revenue indefined time frame. Therefore, assignment is going to highlight the significance of expansion, need ofglobalisation and several other elements which plays a very vital role in trading process.Moreover, company is encountering a major problem while entering into new marketplace due tofluctuation in several factors as it may hamper the success of an enterprise in various manner.Furthermore, it is also throwing lights on major role which is played by governing bodies whilemaking decision during at international market. Beside this it shows the key barriers that mayinfluence the development BMW such as; changes in consumer choices or preferences henceforth. Last but not the least report is focussing on understanding the need of global corporateenvironment because it helps an enterprise in several complex issues by offering bestdevelopment opportunities. TASK 1P1 Key factors of cost, market, environment and competitionBusiness environment is all about changes which is occurred in macro and micro factorsin order to design organizational policies as per company need or demand (Axelrod andVanDeveer,2014).. In fact, it helps an enterprise in various manner such as; aids in enhancing the companyperformance in a minimum time frame, reduce chances of losses, mistakes and errors, identifythe need of foreign clients. As a result company get succeeded in generating more or morerevenue which helps an organization while expanding their business at new marketplace. BMWis a most popular firm in car manufacturing industry due to its standardized products and car1
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