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Impact and Strategic Direction

Produce a presentation to advise the board of directors of 'CAMECO' on the concept of 'Globalisation' and the challenges it creates for global businesses trying to enter new markets.

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Added on  2023-02-02

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This report discusses the key factors that drive global commerce and trade, the complexities faced by organizations in the global environment, and the influence of globalization on governance, leadership, structure, culture, and functions. It also explores different ways of decision making in a global context and various routes to internationalization. The report is based on CAMECO, a fast-growing energy and chemical company, and provides recommendations to overcome the challenges of global expansion.

Impact and Strategic Direction

Produce a presentation to advise the board of directors of 'CAMECO' on the concept of 'Globalisation' and the challenges it creates for global businesses trying to enter new markets.

   Added on 2023-02-02

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IMPACT AND
STRATEGIC
DIRECTION
Impact and Strategic Direction_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Key factors that drives global commerce and trade...............................................................1
TASK 2............................................................................................................................................3
P2 Complexities faced by organisation at global environment...................................................3
TASK 3............................................................................................................................................5
P3 Influence of globalisation on governance, leadership, structure, culture and functions........5
P4 Influences of ethical and........................................................................................................7
sustainable globalisation on organisational functions................................................................7
TASK 4............................................................................................................................................8
P5 Different ways of decision making in global context............................................................8
P6 Various routes to internationalisation CAMECO can adopt with its barriers.......................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12
Impact and Strategic Direction_2
Impact and Strategic Direction_3
INTRODUCTION
Strategic refers to course of action which helps to achieve goals and objectives an
organisation. There is requirement of different strategies through which organisation can achieve
aims and objectives in effective and efficient manner. There are changes taking place in external
business environment, so it is important and significant to analyse these factors which is
significant to make changes in business operations (Al Shobaki and et. al., 2017). In order to gain
god brand image in industry, it is important to consider external forces which affects business
operations. This report is based on CAMECO which is fast growing energy and chemical
company. This organisation wants to expand in different parts of country. In this report, there is
discussion about factors which drive globalisation, complexities associated with operating at
international level, influence of structure, culture and functions on global market and influence
of globalisation on decision making and strategy.
TASK 1
P1 Key factors that drives global commerce and trade
Concept of globalisation
Globalisation describe as the process of intensification of social ,political and economic,
cultural relations across international boundaries. Cultural globalisation describe as the
transformation of new ideas, meaning and values in a way to extend social relation. Political
globalisation define growth of political system in term of size and complexity. This system
includes national government, their governmental and intergovernmental organization. Social its
leads effective interaction among the various kind of population. Economic globalisation define
as growing scale of cross border trade of commodities and services. CAMECO is a fast growing
energy and chemical company based in South Africa. This company has also expanded into
Canada, Gabon and Australia they hope to expand it in other countries (Bititci, Cocca and Ates,
2016).
Factors that drive globalisation:
International economic integration, foreign direct investment, international business and
trade are the factors that drive globalisation. There are main four areas which drivers of
globalisation are cost , market , environment and competition.
Cost:
1
Impact and Strategic Direction_4

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