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(Doc) Global Business Environment

   

Added on  2020-10-22

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GLOBAL BUSINESSENVIRONMENT
(Doc) Global Business Environment_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Influences of globalisation on governance, leadership, structure, culture and functions ofCAMECO....................................................................................................................................1P2. Ethical and Sustainable Globalisation impacting CAMECO's Functions.............................3TASK 2............................................................................................................................................5P3. Ways in which Decision-making can work effectively.........................................................5P4. Various Routes to internationalisation CAMECO may adopt...............................................5CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
(Doc) Global Business Environment_2

INTRODUCTIONGlobal Business Environment critically impacts the functioning of a business whether itis a small, medium or large scale enterprise. This report aims to provide a detailed evaluation ofCAMECO's business premise in terms of leadership, ethics, sustainability among others andprovides recommendations thereof. It is an energy and chemical organisation headquartered inSouth Africa. CAMECO has a presence on an international scale, specifically in Mozambique,Canada, Gabon and Australia. This report includes a detailed account of globalization and itsinfluence on CAMECO's hard and soft elements using McKinsey 's 7S Model and Hofstede'sModel of Cultural Development. In addition to this, impact of ethical and sustainableglobalization, effective decision-making and routes as well as key barriers of internationalizationhave been taken into account.TASK 1P1. Influences of globalisation on governance, leadership, structure, culture and functions ofCAMECOGlobalisation refers to the process by which an organisation may pursue expansion acrossborders so as to generate its influence on an international level (Bartlett and Beamish, 2018).Using McKinsey's 7S Model, one can provide an overview of CAMECO in relation togovernance, leadership, structures, culture and functions of CAMECO. These are as follows:Hard Elements:Strategy: CAMECO's strategy includes development of competitive advantage whichenables it to excel globally and become top supplier of energy and chemical basedproducts internationally. In order to achieve this objective, the company has setup itsbusinesses based on the resourcefulness of that place. For instance, Mozambique basedbranch of CAMECO would be purely manufacturing or extractive based as compared toAustralia which may be more of an administration-centred.In dealing with competitivepressure, CAMECO utilizes its innovative ability to constantly. In dealing withcompetitive pressure, CAMECO utilizes its innovative ability to introduce highlyimproved products to the world on a continuous basis.Structure: Being a global leader requires CAMECO to follow different set oforganisational structures in order to sustain as well as facilitate the work culture. In1
(Doc) Global Business Environment_3

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