Global Business Environment Factors - Doc

9 Pages2409 Words238 Views

Added on 2020-10-23

Global Business Environment Factors - Doc

Added on 2020-10-23

BookmarkRelated Documents

Global Business Environment

Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P 1 Key factors of cost, market environment and competition that derive global commerce andtrade.............................................................................................................................................1LO 2.................................................................................................................................................3P 1 Complexity of the strategic challenges faced by organisation when operating in globalenvironment.................................................................................................................................3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6

Global Business Environment Factors - Doc_2

INTRODUCTIONGlobalisation is the process of spreading the business, its products, technology,information and jobs across the national boundaries, and in which national and regionaleconomy, society and culture become integrated to work together (globalization,2019). Report isbased on the CAMECO company which is world's largest fast growing energy and chemicalcompany based in South Africa. It is world's second largest uranium producer which have 18%of world production.Report will include the key factors of cost, market environment and competition thatdrive the global commerce and trade. It will also include the strategic challenges faced by theorganisations when operating in a global environment. It also describe the influences of theglobalisation on the organisational governance, leadership, structure , culture and functions.Further more it will include the evaluation of the influences of ethical and sustainableglobalisation on the organisational functions. And this report will explain the different ways ofdecision making that can work effectively in global context. And also include the various routesto internationalisation an organisation may adopt.LO 1P 1 Key factors of cost, market environment and competition that derive global commerce andtradeGlobalisation is the process which increase the trade around the world. In which the largecompanies are especially include to producing and trading the goods in many different countries(Beck, 2018).Driving factors of the globalisationThere are variety of factors that contributed in the process of the globalisation. Some ofthe most important driving factors are given below:Technological change – Rapid changing technology and progress has made change in thetransportation cost and made communication easy, and latest rapid growth in the internet driveand create global e-business and force the organisation to work globally (Cullingford, 2017). Cost – Cost and the sourcing efficiency are different from country to country and the bigorganisation take the advantage of this cost. That the CAMECO company company expand itsbusiness where cost of the country is low that will help the CAMECO to establish its firm easilyand also help in product and energy which need high amount of cost.1

Global Business Environment Factors - Doc_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Impact and Strategic Direction

|11

|2807

|157

Global Business Environment : CAMECO

|17

|3477

|28

Impact and Strategic Direction

|14

|4526

|45

(PDF) The Global Business Environment

|17

|4586

|410

Global Business Environment Project | Assignment

|14

|4395

|43

Global Business Environment Assignment Sample - CAMECO

|14

|4395

|36

Global Business Environment Factors - Doc