Contemporary Global Issues in Business and Tourism

Contemporary Global
Issues In Business
And Tourism

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
Discuss four of the fundamental global issues that a company should always consider,
before leaping into new international operations (Business and Management pathway).
Suggest some ways of overcoming these challenges..................................................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................8

INTRODUCTION
The contemporary global issues in business and tourism is defined as the international
approaches with opening business in international places and handling and managing the
business but the challenges that occurring the the process of handling business and tourism
sector. This includes various types of issues such as changing order of business, destination
marketing, tourism ethics and the poor tourism. Global business and tourism is the largest scale
movement of goods and services and the people in the economy. To make profit in other
countries business needs to adopt the changes according the customer of that country and this
process needs different kinds of barriers and issues same happens in the tourism sector if a
particular country wants to increase the tourism they have to make changes in their hospitality
sector or according to the expectations of the people(Baderschneider and Friedman, 2021) . The
aim of this report is to highlight the fundamental global issues that is faced by the company
before starting new international business.
TASK
Discuss four of the fundamental global issues that a company should always consider,
before leaping into new international operations (Business and Management
pathway). Suggest some ways of overcoming these challenges.
Business in the current environment are getting more and more competitive. Many of the
companies and the businesses are going to be more global as generate business operations in the
international market results in more profits and benefits to the organisation. Operating business
on the global scale makes company to be more competitive on the basis of new sales and also
opens the doors for the new opportunities. Opening business on the world wide helps the
business to generate its operations on more diversified ways as it helps in recruiting the great
talent form the world wide and provides cost reduction. Operating business in the global scale is
not the easy tasks as business had to face many issues and the challenges in the procedure. Its
really difficult to survive on the global business market because there are many already establish
businesses that are conducting their business on that big platform(Christ and Burritt, 2018) .
There are many issues that business is facing as they are stepping into new international market
such as new registration process of the business, make access to the talent that are skilled,
employment of the people, making regulations tax and policies, consideration of the cultural so