Global Business Environment Assignment - Tommy Hilfigers

Added on - Nov 2020

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Global BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 3............................................................................................................................................1P3 Cause of globalisation on organisational governance and leadership, structure, culture andfunctions......................................................................................................................................1TASK 4............................................................................................................................................5P5 Decision making process of global companies......................................................................5P6 Various routes to internationalisation on organisation may adopt key barriers.....................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................7.........................................................................................................................................................8
INTRODUCTIONGlobal business environment is the environment in different self-governing countries, withfactors exogenous to the home environment of the organization, influencing decision making onresource use and capabilities.Thisrefers to place where small and big enterprises sell theircommodities at same place. With this assistance, a project has been made onTommy Hilfigers,which is an American premium clothing company founded in 1985 by Tommy Hilfigers inAmsterdam, Netherlands.This firm seeks to expand its business operations in internationalmarket so, its managers are required to analyse all major factors of environment. The presentreport emphasises on arising competition in these firms in order to gain large number ofcustomers. Globalisation leads a company to sell or buy their commodities at internationalmarket. Competition at global market as compared to domestic countries is more. Therefore,managers need to analyse needs and demands of international market before launching businessat global level (Alqahtani and Saba, 2013).TASK 3P3 Cause of globalisation on organisational governance and leadership, structure, culture andfunctionsGlobalisation is a method of doing business operations at an international scale andexpand their organisation in various countries. Usually, organisation tries to launch their outletsin territorial areas in which there is a high as well as sustainable economy level and income.This would be beneficial in raising sales and productivity of them. But by doing expansion ofbusiness develops an impact on leadership, business structure, corporate governance, andoperational function of similar kinds of companies. Organisational governance can be referred toas a process by which business environment sustain its discipline. In order to control variousactivities or tasks within an organisation such as business operations, functioning of anenterprise as well as responsibilities of workforce, employers develop some set of regulationsand rules which must be abided by all personnel in order to make decision-making effective andcorrect (Black, Morrison and Gregersen, 2013). Various other factors that are being impacted byglobalisation and exist within a company are being described below.1
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