Global Business Environment Drivers and challenges for globalization

Global Business Environment Drivers and
challenges for globalization

Table of Content
 Introduction
 Pestle Analysis
 Analysing the different key factors that drives global commerce and trade
 Impact of digital technology upon globalisation:- Evaluation of different
 challenges and complexities globalisation brings to an organisation
 Recommendations on overcoming from the challenges
 Conclusion
 References

Introduction
Globalisation of business may be defined as the
process of expanding and developing the different
business operation all over the globe. For different
types of organisation, globalisation act as a
development drive for them. This not only helps in
developing the global economy or trade but also
helps the organisation in understanding the culture,
updated technology and many other of the new
country.

Pestle Analysis
The PESTLE analysis may be defined as the framework which not only help the
company in identifying the different external factor which affect the working of the
organisation but also help in identifying the various opportunities for the expansion
of the business all over the globe. In context to the Mr Biggs, pestle analysis has
been discussed below:-
• Political
• Economic
• Social
• Technology
• Legal
• Environmental