LFBM201 Global Business Environment Assignment

This assignment discusses the major risks that a company may encounter and how to deal with them. It also explores how a country's industrial policy, factor conditions, and related industries can contribute to a company's success.

LFBM201 Global
Business Environment
Assignment

Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Discuss 3 major risks the company may encounter and how will your company attempt to deal
with them?...................................................................................................................................3
In what ways can your country's industrial policy, factor conditions, and related and
supporting industries contribute to your company’s success?.....................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
As there are several issue in the management that can be maintained and presented the
suitable component in the business of management as effectively. It will also have affected the
section of development with less term of profitability and as well as productivity that will lead to
higher term of failure of the company. As in respect to achieve the criteria of financial target it
can be evaluated the managerial targets can be frequent and have suitable term of risk that can
have an impact on the management. Such sections of the risk can be evaluated frequently and
also overcome by suitable strategies (Almunawar, and et.al., 2022). In this project for the
analyses of retail management Tesco that can be selected that how the risk of the management
took place in how they will overcome the Asian market place. The strategies at the management
also evaluated and maintain as effectively and properly.
TASK
Discuss 3 major risks the company may encounter and how will your company attempt to deal
with them?
The respective management of a test go have to face several issues and as well as risk as
with the courses of the advancement in as well as development. As there is an essential level of
the issues that the retail management have to face from last few years. As their certain section of
the risk that are as follows -
 Managing trends – It is a frequent term of the risk in terms of managing the
contemporary change that are continuously changing in the field of the market place by
which there is the fundamental course of problem. As the respective management of the
Tesco are dealing in details sector of the management that follow suitable trends to
manage the criteria and adaptation of suitable strategies by which they can sustain the
field of the marketplace for longer period of time by producing the suitable sections and
following the current trends (Etchart, 2022). On the other hand the fundamental respect
or that comes in their course is the manner of managing their customer preference
towards their products and as well as their loyal base of customer who are dealing with
them will get satisfied with reasonable term of goods. As it is not easy for respective
management to manage all such manner of functions by which the company have to face
several challenges and due to this they can lose cereal opportunities and have to face

every barriers in their future by which they can effectively get delay in the manner of
designs and as well as other trends that can be the barrier in there term of criteria by
which it will be not easy for the respective management to sustain the field of market
place. In this section of the marketing it also involves a planning and as well as suitable
strategies and as well as other plan of action that are to be managed to resolve the issues
that can rays every barriers of the company and several measures by which they can
maintain service strategy in other techniques. It is a suitable technique to manage and
evaluate the role of maintaining the issues in as well as other barriers that is essential to
manage the proper research and evaluation of the company. It follows suitable drawbacks
in as well as advantages by which they can get affected towards a suitable targets of
company.
 Firm strategy and rivalry – In this section, the business or management have to manage
their challenges in their field of marketplace and also manage in creative ideas to put
forward for their loyal base of customers in terms of presenting and following current
trends and suitable strategies (Fedyk, Kudyn, and Bondarchuk, 2022). As it will be
suitable section for the respective management in managing the company in Asian market
place that can be tough to overcome the challenges.
 Demand condition - In respect to it, the dealing of customer is required to be followed
their awareness between the consumer regarding their function and as well as others
sections of the operations between the consumers about their quality and as well as other
creation of the sections in the field of market place. To manage the criteria the respective
management should manage their innovation criteria and the follow the taste in visual is
other preference of the customers and as well as deal with their all base of customer with
suitable discount sections by which they are dealing and as well as demanding. On the
other hand to overcome such sections the respective management of Tesco have to
manage the framework by which they can maintain their suitable managerial framework
of model that are diverse from several manner and from their favourite challenges.
Management of Tesco are suitable maintain the strong and valuable mission that can be
offer them sections in front of their sections and as well as well as mission in which they
are dealing with suitable and sustainable follower of transportation and offer free other
services in details sector by which a can have open tour of overall company (Hosseini

Tabaghdehi, and Kalatian, 2022). On the other hand by motivating their workers and as
well as another dealers it will be beneficial for respective management to manage the
criteria of company and as well as to maintain the courses of demand of the customers
that they are want to follow and want to manage the global term of purpose. Respective
management of test question create on their structure and as well as their functions to
maintain the criteria and also maintain the preference and as well as taste of their
customer by which they can hold with them for longer period of time and by following
this suitable strategy it will be beneficial for them to sustain the field of the market place
for longer period of time.
In what ways can your country's industrial policy, factor conditions, and related and supporting
industries contribute to your company’s success?
The respective business of management will have an impact by several sections and in
this term it follows suitable approaches and other situation in which it will deals with suitable
analysis and as well as courses that can be completed by utilising such factors (Ratten, 2022).
The respective management of Tesco utilise suitable sections to manage the criteria for longer
term of development that are as follows -
 Political factor - In this suitable session it is essential and critical section on the business
of management that have higher term of raw material by which they can manage the
suitable section. On the other hand it also involve political in stability among to Nations
that resulted to be a risk for the company and it may not valuate in there aspect of favour.
On the other hand it in walls the agreement of multinational trade approaches that follows
other alternative regarding the retailing section of important and as well as sporting of the
products and as well as their services at global level by which they have sections related
to Brexit of the business management and their other functional level of activities
regarding their operations (Ryan, and et.al., 2022).
 Economic factor - As they are several terms of the factor that will have impact on the
respective management of Tesco in relation to the economic activities. It involve the
criteria that can be variations and follows monetary trade level, charges level by which
they can evaluate a development at effective manner. By decreasing the level of products
preparation and involve the criteria of interest rate and as well as other inflation rates that
can be the crucial financial variable with suitable impact on the respective business of

management. Involves the global tax rate that get affected on suitable approaches and it
will directly affected the global term of respective management that can be effectively
evaluated as their advantages from gaming from the government profit that can be
effectively offered by the respective business of management.
 Social factor – In this section of factory social factor the direct relationship between the
consumer and involves social rules that can be set in supporting of regulation in as well
as controlling of the customer behaviour and as well as other demands that can be offered
by the respective management (Sahai, and Lall, S., 2022). It in all the suitable criteria of
the management that can be evaluated by functional development in as well as other
growth in aspect to the social preference in as well as social culture that can be followed
by them for frequent terms of sections that can be maintain the mission in as well as
energy of the resources at global level.
 Technological factors - In this aspect of the fact it eventually managers the creation of the
technology with new terms of dealings in respective management or a Tesco. It deal with
the suitable level of section that will have an impact on development of the management.
It involves discount services and other credit card services that can be deals at online
faculties and with latest card services by which they can become the lawyer customer and
get suitable term of discount. In relation to respective management or test score they also
managers online services another facilities that can make that ask effective and as well as
easy to follow for the customer and for their faculty as in an effective and efficient
manner.
 Environment factor - In this criteria of the factor common respective business of
management of the Tesco follow the suitable environmental aspect to manage the
sustainable situation of the environment (Vu, and et.al., 2022). It deals the situation that
will not have an impact on the global aspect of environment that can be followed with the
edge that offers suitable level of supporting aspect to the environment by following the
suitable programs and dealing that will help the climatically variation in as well as about
other prevention that can be followed by the respective business of management that will
be capable to develop and set up the followed culture in the company of marketplace and
mention the chosen rules and as well as other regulations that can be made and followed
by them.

 Legal factor - It involves the legal sections that follows lose and as well as other norms
that are suitable followed by the respective in a management at a time of enlarging their
respective management at global level. It involve suitable culture and as well as other
legal approaches that can be measured and as well as maintained at international level. It
also present the suitable products and as well as other services that can be have
international demands with suitable legal rights and as well as other approaches in an
effective and as well as an efficient manner.
CONCLUSION
From the above mentioned report it has been concluded that, the respective management are
follow suitable development with suitable factor that get affected on the situation of the
management. As it is significant section for the development in the field of marketplace that
involved several barriers and as well as obstacle to evaluate the respective market place
development that are not easy to format the respective company at global level but it is also
suitable easy to manage the policy as well as other approaches in the several Asian nations with a
suitable manner that are not easy to overcome the risk and manage the brand positioning at the
global section management also follow the suitable mission in as well as other reasons and
support the respective environment on frequent level.

REFERENCES
Books and Journals
Almunawar, M.N., and et.al., 2022. E-Commerce Adoption Among Micro, Small, and Medium
Enterprises in Brunei Darussalam. International Journal of E-Business Research
(IJEBR), 18(1), pp.1-18.
Etchart, L., 2022. Global Governance of the Environment: Multiple Accountability Disorder?.
In Global Governance of the Environment, Indigenous Peoples and the Rights of
Nature (pp. 25-56). Palgrave Macmillan, Cham.
Fedyk, M., Kudyn, S. and Bondarchuk, M., 2022. Digitalization of the world business
environment under the conditions of global instability. Economics & Education, 7(1),
pp.34-41.
Hosseini Tabaghdehi, S.A. and Kalatian, H., 2022. Trust in the global value chain in the digital
era. Strategic Change, 31(1), pp.129-135.
Ratten, V. ed., 2022. Strategic Entrepreneurial Ecosystems and Business Model Innovation.
Emerald Group Publishing.
Ryan, P., and et.al., 2022. Global Value Chain Governance in the MNE: A Dynamic Hierarchy
Perspective. California Management Review, p.00081256211068544.
Sahai, S. and Lall, S., 2022. Artificial Intelligence as Disruptive Technology: A Boon or a Bane
in the Global Business Scenario. Integrating New Technologies in International
Business: Opportunities and Challenges, p.71.
Vu, T., and et.al., 2022. The impact of supply chain financing on SMEs performance in Global
supply chain. Uncertain Supply Chain Management, 10(1), pp.255-270.