Business Environment

BUSINESS ENVIRONMENT

Table of Content
• Introduction
• Factor of cost, market and competition that effect global trade 1
• Complexity of strategic challenges faced by organizations when operating
in a global environment
• Conclusion
• References

The business organization run in a proper surrounding and this type of
business model called business environment. Environment of business are
such as politics, culture, economics and new technology which is admire by
organization. In order to take strategies for a organization there are various
factor which affect the business and analyst observe it. The organization need
to know what type of global environment that is entering into. In context with
following context, Thermax Limited is analyzed (Anderson and et. al., 2016).
This company is about engineering company which is focus on energy and
environment
Introduction

When firm of various countries had join their hand to make a trade for the global and
individual advantage this trade is called the globalization. Globalization have various factor
which affect the organization like marketing structure , finance plan, operation impact and
distribution channels. Factor such as cost, market, competition in various region against
organization
Factor of cost, market and competition that effect
global trade