Impact of Globalization on Business Operations

Impact of globalization on
business operations

Table of Content
INTRODUCTION...........................................................................................................................3
LO1..................................................................................................................................................4
P1Key factors of cost, market, environment and competition that drive global commerce ......4
LO2..................................................................................................................................................5
P2 Complexity of strategic challenges faced by organizations when operating in global
environment.................................................................................................................................5
LO3..................................................................................................................................................7
P3 Influences of globalization on organization governance and leadership, structure, culture
and functions...............................................................................................................................7
P4 Influences of ethical and sustainable globalization on company functions...........................8
LO4................................................................................................................................................10
P5 Different ways decision-making can work effectively in global context............................10
P6 Articulation of various routes to internationalization companies can adopt including key
barriers.......................................................................................................................................11
CONCLUSION .............................................................................................................................12
REFRENCES.................................................................................................................................13

INTRODUCTION
Globalization is process by which there has been wide rise in increased interconnected
businesses expanded on global trade horizons, with cultural exchange factors. Impact of
globalization on business operations has been vividly transforming company’s strategies
actively, developing innovation and training among workforce. For this report RCS logistics has

been taken as case scenario which offers professional services in businesses for transportation.
The report will be analysing key factors within business that drives global commerce effectively,
and complexity of varied strategic challenges when operating in international business. Further,
study will research influence of globalization on organization governance and leadership,
structure, culture and functions. Influence of ethical and sustainable globalization on company
functions plays crucial role, where report will analyse impact on company decisions. Further,
new ways to formulate best decision making strategies in global context will be discussed
competently. Report further will articulate various routes to internationalization and key barriers
which may impact company decisions, in dynamic competitive global commerce.
LO1
P1Key factors of cost, market, environment and competition that drive global commerce
Globalisation has opened up wide scope and diverse benchmarks horizons for companies
to reach on commercially, where driving factors within vision oriented growth and efficacy
horizons are crucially essential. There are various key factors of cost, market environment and
competition that drives global commerce on wider scenarios, where RCS as one of the quickly
transforming company will be able to head innovation. Economies of scale: There has been constant rise and increase in minimum efficient sale
(MES) associated with some industries, where varying surging pace coming in bring on
scope for global commerce rise. RCS with constant diversification in products and
services, will be able to expand on untapped market horizons and be specifically active
towards competitive parameters. Global commerce rise also gives on constant push to
lucrative business opportunities, enriching diversification and new yielding determinants
towards new benchmarks. Wider customer target market reach: Global commerce also informatively brings on
constant push towards wider customer target market reach, where this is most essential
factor impacting scope for global commerce. RCS will be able to develop strong target
market reach by heading towards innovative business strategies functionally, forming
upscale global marketing strategies. Revenue cost market is also driving fuel where
imperative scope towards new quest operational domains, bring on scope for global
market positioning (Nonie and Adorned, 2020).