Global Business Environment

Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
P1. Analyse key factors of cost, market, environment and competition that drive global
commerce and trade................................................................................................................3
Covered in Poster...............................................................................................................3
M1. Critically analyse the impact that key factors have upon the global business environment
in terms of benefits and challenges........................................................................................3
Covered in Poster...............................................................................................................3
PART 2............................................................................................................................................3
P2. Explain the complexity of strategic challenges faced by Tommy Hilfiger when operating
in a global environment supported by specific examples.......................................................3
M2. Critically analyse strategic challenges in context of risk and diversification strategies and
the supply chain flow..............................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Global business environment is being considered as state of affair, where companies
majorly performs operations across borders. Organisations while operating business it is required
to consider both internal along with the external factors that might impact in both negative and
positive manner. Along with this, firms that are being chosen in present context, Tommy Hilfiger
and Tommy Hilfiger that are looking forward to expand their business at global level.
P1. Analyse key factors of cost, market, environment and competition that drive global
commerce and trade
Covered in Poster
M1. Critically analyse the impact that key factors have upon the global business environment in
terms of benefits and challenges.
Covered in Poster
PART 2
P2. Explain the complexity of strategic challenges faced by Tommy Hilfiger when operating in a
global environment supported by specific examples.
If it is talked about Tommy Hilfiger, company goes through a range of complexities in
context of strategic business environment (Black, Morrison and Gregersen, 2013). This means,
while performing business at international level Tommy Hilfiger has gone through various issues
in regards to supply chain management and so on. Some of complexity of strategic challenges
faced by Tommy Hilfiger are given underneath:
Complexities within the international supply chain management :
Supplier Complexity is said to be one of the crucial element which impacts negatively
upon a company like Tommy Hilfiger while developing and maintaining strategies to overcome
the complex and often serious issues associated with local sourcing. On the other hand,
technology turnover along with the company mergers are the two things that could help Tommy
Hilfiger in improving the overall benefits for the business company.
Impact of international trade law :
3