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Global Business Environment : Assignment Sample

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Added on  2020-07-22

Global Business Environment : Assignment Sample

   Added on 2020-07-22

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Global Business Environment
Global Business Environment : Assignment Sample_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............................................................................................................................................5P3 Cause of globalisation on organisational governance and leadership, structure, culture andfunctions.................................................................................................................................5P4 Effects of ethical and sustainable globalisation on organisational functions....................6TASK 4............................................................................................................................................7P5 Various ways through which decision making can work effectively in global context....7P6 Assorted routes to internationalisation which can adopt by organisation, including keybarriers ...................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
Global Business Environment : Assignment Sample_2
Global Business Environment : Assignment Sample_3
INTRODUCTIONGlobal market refers to an area where many companies of different sectors are used tosell their products at national and international level. In context with global businessenvironment, it shows factors which impact on operational function of organisation. It includespolitical, economical, ecological, global warming, rapid growth of population and more. Allthese elements assist industries to cope up with market changes and do modifications in businessstructure accordingly (Apăvăloaie, 2014). Therefore, business tycoons who want to moveorganisation at global level need to analyse concept of these factors which affect the ratios ofprofit and production. In this report, a manufacturing firm of UK has been taken named byEntertainer. This SME association deals its business in making toys at a UK marketplace. Atpresent, it wants to expand business in international market. Therefore, in this regard, variousfactors are being discussed and the present report includes drivers for global trade andcommerce, complexity for strategic challenges and more. TASK 1P1 Key elements of cost, market, environment and competition that drive global commerce andtradeToday almost every organisation whether dealing in manufacturing or retailing sectorwants to expand operational area in other countries also. This would help in selling commoditiesat international market easily which gives much profitability as compared to domestic area.However, moving business in other locations especially out of territorial region is not an easytask. Employers need to analyse on various factors which may create hurdle in their mission in aproper way (Epifanova and et. al., 2015.). It includes market condition of such places,economical situations, urbanisation and more. These factors create a large impact on brand valuealong with profit ratios of business both in negative and positive manner. In context withEntertainer, they want to set up its foot in new locations across country in UK. It is amanufacturing firm which produces toys. Therefore, it is necessary for the manager of thiscompany to analyse market situation of target places and other factors which may wide up itsbusiness scale in a profitable way. Some factors are described below which need to beconsidered by management of those companies who want to globalise their business: 1
Global Business Environment : Assignment Sample_4

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