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Global Business Environment - Entertainer

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Added on  2020-07-23

Global Business Environment - Entertainer

   Added on 2020-07-23

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Global Business Environment
Global Business Environment - Entertainer_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Key elements of cost, market, environment and competition that drive global commerceand trade......................................................................................................................................1TASK 2............................................................................................................................................3P2 Complexness of strategic challenges faced by organisation while operating in globalenvironment.................................................................................................................................3TASK 3............................................................................................................................................4P3. Cause of globalisation on organisational governance and leadership, structure, culture andfunctions......................................................................................................................................4P4. Effects of ethical and sustainable globalisation on organisational functions.......................6TASK 4............................................................................................................................................6P5. Various ways through which decision making can work effectively in global context.......6P6. Assorted routes to internationalisation which can adopt by organisation, including keybarriers.........................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONGlobal business environment is stated as a concept where there are number oforganisation for the distinctive sectors and thus mainly reveals for bringing improvisation withinprofit margin along with increasing the goodwill within the international market. It is highlyessential for the management of company who is mainly focusing upon business enlargement atvery new place for evaluating all kind of factors which in turn affect the ratios of profit andproduction (Apăvăloaie, 2014). Globalising for the company simply means about businessdevelopment at the international level where they will be dealing with the human needs,competency and other foreign factors. Company taken for this kind of report is Entertainer whichis a manufacturing UK company which deals in making up of toys. This company for expandingbusiness in South Africa. There are various factors which are being discussed within this reportlike drivers for global trade and commerce. Besides this, there is complexity for strategicchallenges which has been enclosed. In last, this report will put light on impact made upondecision making process along with few of the barriers which in turn can affect the profit ratiosof company. TASK 1P1. Key elements of cost, market, environment and competition that drive global commerce andtradeIt is highly essential for a company who is dealing in market to understand the globalenvironment along with enlarging the company operations area at the target place. Hence, thereare various kind of factors for this kind of environment which in turn can make impact upon thebrand value along with profit ratios. There are number of issues which are being faced by thecompany when they set up their foot in new geographical area and those issues are related tobarriers, competitors legislations, taxes and so on (Axelrod and VanDeveer, 2014). But inmodern scenario, it has been observed that there are various factors like cost, market which canmake positive impact upon the productivity and profitability within the international market. Inthis aspect, it is highly essential for the management for the Entertainer to get the position of allkind of foreign exchange which in turn can make impact upon the business which can wide upthe scale. Below described are the factors: 1
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