Globalization and Strategic Challenges

Global
business
environment

Table of Contents
INTRODUCTION...........................................................................................................................3
LO1..................................................................................................................................................4
The key factors which drive globalisation..............................................................................4
LO2..................................................................................................................................................5
A)The strategies complexities associated with operating in a global environment...............5
The point including in the word context of presentation........................................................6
1)Introduction to the concept of the globalisation................................................................11
4)PESTLE analysis of the organisation................................................................................11
5)The challenges of globalisation and the strategies challenges representing the organisation
..............................................................................................................................................12
6)recommendation on the overcome the challenges............................................................13
LO3................................................................................................................................................13
a) influence of globalisation on organisational governance and leadership, structure, culture
and functions........................................................................................................................13
b) Influence of ethical and sustainable globalisation on organisational function................14
LO4................................................................................................................................................15
a) Ways in which decision making work effectively in global context...............................15
b) Routes to internationalisation and their barriers..............................................................18
CONCLUSION..............................................................................................................................19
REFERENCES..............................................................................................................................20

INTRODUCTION
The term global business environment refers to the overreaching of the environment which
defined as the environment in the different countries, in which company operated. The concept
of the global business environment include all the factors regarding business. It consists the
international interactions out of the organisation which control and influence for operating the
business and the strategies complexities associated with the operating in a global environment. It
also highlighted the presentation which is in the word context and explain all the presentation of
the questions. It describes the operating in a global market which influence an organisation,
structure, culture and functions and it also influences of ethical and sustainable globalisation in
the functions of the organisation. Furthermore, it describes the influence of the globalisation on
organisational decision making and strategy of the company(Hirst, Thompson. and Bromley.
2015. ).

LO1
The key factors which drive globalisation.
A) Analysing the key factors of cost, market, environment and competition that drive global
commerce trade.
Key factors of cost that drives the global commerce and trade:-
Cost:- It is one of the important factors that drives the global commerce and trade which
fulfil the needs of customers and increase the opportunity of scale. For maximising the
investment is the biggest motivator for the global commerce and trade in the Tech jacket. Its
important to all possible is done for the economic scale and scope. For the global opportunities
and probably the cost lead to tough decision which have been taken about market, segments of
customers, or making the positioning of the product which is focus on. The set of goal relate to
the mileage of investment cost. It also includes promotion, advertising can cross the boarders, so
it makes the product available from which customers purchase the products and learn about it.
Market:- It one of the key factor which drive the global commerce and trade of the tech
jacket from advanced economies' consumer its important to becoming similar to the lifestyle,
aspirations. The sales in the international marketplace which derives the global commerce ad
trade is a global strategy but it doesn't mean that tech jacket serve the jackets globally. Its
difficult to find the market of certain products which is find the ready buyers in the countries
which come with the high purchasing power and also developed structure. The data of the tech
jacket market through the analyses might be ready in the available situations where the firm is
grouping the markets according to the current frameworks and structure(Stearns. 2016.).
Environment:- For increasing the consumer mobility and wealth its important to drive
the environment with global commerce and trade. It transfers the rapid information which across
the broader and publicity about the benefits of the globalisation. From the drives of the new
group of player which is taking advantage of the increasing the trade and new technologies. It
has pointed globalisation has led to increase the consumption of the products which easily impact
on the ecological cycle. It leads to the production of goods and which put the environment into
stress.