Evaluation and Analysis of Emerging Economies on Globalisation of Firms

This report evaluates the impact of emerging economies on the globalisation of firms and discusses the opportunities they provide for business expansion. It also analyzes the factors through which developing economies influence globalisation and highlights the importance of complying with government regulations for social media firms.

Global business
environments

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Identification and evaluation of rising risk of regulations of government and its impact on
social media firms........................................................................................................................1
INTRODUCTION...........................................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3
3. Evaluation and analysis of emerging economies on globalisation of the firms in the long run
......................................................................................................................................................4
INTRODUCTION...........................................................................................................................4
CONCLUSION................................................................................................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Global business environment is an important aspect in the current scenario as in this
several countries merge together so that one environment is created so that it can be beneficial
for each and every one (Alt, 2018). In this report there is a discussion of two factors that is
evaluation and analysis of rising risk of regulations of government and its impact on social media
firms. Secondly impact that is created by emerging economies on globalisation of firms is also
discussed in this report.
MAIN BODY
1. Identification and evaluation of rising risk of regulations of government and its impact on
social media firms
INTRODUCTION
This is a summarised explanation of the rising risk from the government regulations to
the social media firms (Cai, and Li, 2018). There are various negative as well as positive aspects
from the regulations of the government like censorship can be given only to a part and the rest
suffers due to this. Also various barriers of the government also hinders in the working of the
social media firms as they adversely impact them and their profitability in a negative manner.
Also social media companies has to abide by the laws and legislations of the government in order
to achieve growth rate in the market otherwise it can hamper the working of these very badly
(Heinze, and et.al., 2020).
Risk that are faced by social media firms from the legislations of the government-
The social media faces many challenges because of the legislations of the government as it is
very important for the firms to comply with the set guidelines so that it cannot hinder the
working of the firm (Holsapple, Hsiao, and Pakath, 2018). There are various factors like privacy
issues, copyright and patent, etc. which are very crucial and critical in the operations of the
business and all the social media firm has to cooperate with all these aspects so as to foster its
value in the competitive market industry (Knoke, 2018). Apart from this various confidentiality
aspects also possess a lot of importance as it can be very critical from a country's point of view
and has to be used correctly otherwise it can create a lot of problems. Further a social media firm
has to abide by the laws and legislations of all the countries as different countries have their own
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code of conduct and a firm has to comply with all those factors in order to achieve growth and
profitability in the industry (Lanier, 2018).
Analysis of impact of the legislations of the government on social media firms- There
are various ways by which the legislations of the government impacts the working of the social
media firms either directly or indirectly (Parasol, 2018). As there is high legal risk for the firms
because if the firms do not comply with the rules and regulations that are formed earlier then it
can face extradition also and thus it can result in damaging the reputation of the company (Smith,
and Mayer, 2018). Also there is high profitability for the firms that do their operations within the
set procedures and follows all the code of conduct that is set up for the firms that are operating in
that industry. Apart from this market share of a company also depends upon the legislations of
the government and a firm has to abide by these in order to capture a larger share in the market
that can be very crucial for the firm (Soleimanof, Rutherford, and Webb, 2018). Further
consumer satisfaction has also to be kept in mind by the firms so that it can increase the sales and
thus resulting in increased profitability and then growth. Also a firm has to comply with the
directions that are given by the information broadcasters so as to obtain high efficiency and
effectiveness in this competitive market industry (Zhao, Zhan, and Liu, 2018).
CONCLUSION
From the above it can be concluded that it is very important for all the social media firms
to abide by the rules and regulations, policies and procedures, laws and legislations made by the
government in order to achieve growth and profitability in the long run. Also various factors
influences and impacts all the decisions that are taken in order to achieve all the aspects that are
related with it. Apart from this it can also be concluded that a firm that is operating in the
industry must follow all the code of conduct that is laid down by the government as they are very
crucial as well as critical for the firm.
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REFERENCES
Books and journals
Alt, D., 2018. Students’ wellbeing, fear of missing out, and social media engagement for leisure
in higher education learning environments. Current Psychology. 37(1). pp. 128-138.
Cai, W. and Li, G., 2018. The drivers of eco-innovation and its impact on performance: Evidence
from China. Journal of Cleaner Production. 176. pp. 110-118.
Heinze, A., and et.al., 2020. Digital and social media marketing: a results-driven approach.
Routledge.
Holsapple, C. W., Hsiao, S. H. and Pakath, R., 2018. Business social media analytics:
Characterization and conceptual framework. Decision Support Systems. 110. pp. 32-45.
Knoke, D., 2018. Changing organizations: Business networks in the new political economy.
Routledge.
Lanier, J., 2018. Ten arguments for deleting your social media accounts right now. Random
House.
Parasol, M., 2018. The impact of China's 2016 Cyber Security Law on foreign technology firms,
and on China's big data and Smart City dreams. Computer law & security review. 34(1).
pp. 67-98.
Smith, E. K. and Mayer, A., 2018. A social trap for the climate? Collective action, trust and
climate change risk perception in 35 countries. Global Environmental Change. 49. pp.
140-153.
Soleimanof, S., Rutherford, M. W. and Webb, J. W., 2018. The intersection of family firms and
institutional contexts: A review and agenda for future research. Family Business Review.
31(1). pp. 32-53.
Zhao, X., Zhan, M. and Liu, B. F., 2018. Disentangling social media influence in crises: Testing
a four-factor model of social media influence with large data. Public relations review.
44(4). pp. 549-561.
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3. Evaluation and analysis of emerging economies on globalisation of the firms in the long run
INTRODUCTION
This is a summarisation of all the factors that are related to globalisation of firms in
respect with the emerging economies (Feenstra and Weinstein, 2017). Also the impact that
developing economies can put on globalisation of firms are also discussed in it. Apart from this
there is also a discussion of the aspects that emerging economies provide in order to expand a
business in each and every part of the world without compromising with any factor that are
related with it (Mutascu and Murgea, 2017).
Analysis and evaluation of the factors in which developing economies influence
globalisation- Globalisation is an important aspect in current scenario as well as it possess a lot
of importance in the future too as it is merging domestic economy with the global one and thus it
helps firms to expand their business worldwide and thus resulting in increasing sales and
subsequently increasing the profitability and growth of the company (Geldes, Felzensztein and
Palacios-Fenech, 2017). Globalisation is very important due to the value that it comes with as it
gives an opportunity to each and every firm to emerge as a global firm and earn a huge amount
of profits in the long run (Wąsowska, 2017). Apart from this emerging economies are the
economies that are still not fully developed to the extend as compared to others but it is showing
positive growth rate and thus indicates plus points of the country (Hámori and Poór, 2020). Also
there is an important as well as crucial role of the emerging economies in globalisation aspect as
they contribute a major proportion and thus involving all the major aspects that are needed in it.
Further impact of emerging economies is very huge in terms of globalisation because major
portion of the countries fall in this category and hence it is very beneficial for the firms in
increasing its profitability and growth (Helpman, 2016).
Evaluating the opportunities that are given by emerging economies to expand a
firm- As there are various emerging economies in the world such as China, India, Nigeria, etc.
that fall in that category and hence it becomes very crucial for the firm to operate in these market
as they give a ready to move in market to a company and it can increase its sales and profitability
drastically by operating in these markets (Laskar, 2018). Density of population is very large in
these countries and hence the sales of a firm can increase many folds and can prove very
beneficial for the firm in the long run (Yang, Lu and Jiang, 2017). Apart from this if a firm does
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not move in to the emerging economies to operate it can be very harmful as it can reduce the area
for the firm's operation and thus resulting in lower profits and thus reflecting it on to its sales
(Lee, Chong and Sia, 2019). Further if a company decides to move out it can create many
opportunities can be used by the firm effectively and efficiently and thus can be very crucial in
order to achieve growth and profitability in the long run (Latukha, 2016).
CONCLUSION
From the above it can be concluded that there are various positive aspects of globalisation
and emerging economies play an important as well as crucial part in it. Also various factors has
to be kept in mind by the firm in order to take the right use of globalisation that can help the
company to increase its sales and profitability. Apart from this it can also be concluded that there
is a ready to move in markets for the firms in various emerging economies like China, India,
Nigeria, etc. and companies can exploit these available markets as soon as possible as they
possess a lot of importance and value.
CONCLUSION
Global business environment is a very crucial as well as important aspects that are closely
related with the working of the firm in order to achieve growth and profitability in the long run.
From the above it can be concluded that there are various impacts and aspects of the legislations
of the government for the social media firms and these companies has to operate according to the
rules and regulations, policies and procedures, laws and legislations formed by the government
in order to achieve growth in the long run. Apart from this it can be concluded that there is a
wide scope in emerging economies for globalisation and the firms has to coordinate with all the
factor and thus it can prove very beneficial for the firms after that.
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REFERENCES
Books and journals
Feenstra, R. C. and Weinstein, D.E., 2017. Globalization, markups, and US welfare. Journal of
Political Economy. 125(4). pp.1040-1074.
Geldes, C., Felzensztein, C. and Palacios-Fenech, J., 2017. Technological and non-technological
innovations, performance and propensity to innovate across industries: The case of an
emerging economy. Industrial Marketing Management. 61. pp.55-66.
Hámori, T. T. and Poór, J., 2020, September. Internationalization and Globalization–Concept,
Interpretation and Communication. In International Scientific Conference Strategic
Management and Decision Support Systems in Strategic Management.
Helpman, E., 2016. Globalization and wage inequality (No. w22944). National Bureau of
Economic Research.
Laskar, N., 2018. Impact of corporate sustainability reporting on firm performance: an empirical
examination in Asia. Journal of Asia Business Studies.
Latukha, M., 2016. Talent Management in Emerging Market Firms. Editor (s)(if applicable) and
the Author (s).
Lee, H. S., Chong, S. C. and Sia, B. K., 2019. Financial services and globalisation in belt and
road countries. The Service Industries Journal. pp.1-28.
Mutascu, M. and Murgea, A., 2017. Globalization and financial performances in French
cosmetic industry.
Wąsowska, A., 2017. The internationalisation of family firms: the role of the ownership structure
and the composition of top management team. Entrepreneurial Business and Economics
Review. 5(1). pp.169-185.
Yang, J. Y., Lu, J. and Jiang, R., 2017. Too slow or too fast? Speed of FDI expansions, industry
globalization, and firm performance. Long Range Planning. 50(1). pp.74-92.
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