Strategic Direction of an Organisation Assignment
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Added on 2021-01-01
Strategic Direction of an Organisation Assignment
Added on 2021-01-01
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Impact And StrategicDirection
Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1P1Analyses the key factor which drive globalization..................................................................1LO2..................................................................................................................................................2P2 Strategic challenges faced by organization.............................................................................2LO3..................................................................................................................................................3P3 Influences of globalization on organizational governance, leadership, culture and structure.......................................................................................................................................................3P4 Evaluation of influences of ethical and sustainable globalisation on organisationalfunctions.......................................................................................................................................4LO4..................................................................................................................................................4P5 Impact of decision making in the context of global...............................................................4Products And Services.................................................................................................................5P6 Various Expansion Routes that can be adopt by company and its advantages anddisadvantages...............................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES ...............................................................................................................................8
INTRODUCTIONStrategic direction is the process of controlling, directing and managing the organization.Strategic direction contains the plan and strategy that help to company for achieving theorganization goal in order to achieve the vision and mission of the company. For betterunderstanding the strategic direction. Taken the CamecoCorporation it is the world largestpublic traded uranium company they produce the uranium and electricity. The report is based onthe strategic direction that company use in their business. The report will describe the differentfactor that affect the company in globally. Also, analyses the opportunity and challenges facedby company in global business environment (Direction, 2015). Further report will describe theStrategic challenges faced by organization. Also, report will describe the influences of ethicaland sustainable globalisation on organisational functions. Further, report will determine thedecision making process that influence the international market in global context. LO1P1Analyses the key factor which drive globalizationGlobalizationGlobalization is the process that company follows to entered in the international market whichmeans company develop the international market by influencing the customer and start theirbusiness in an international scale. Cost factorIncrease or decrease transportation cost is directly impact on the company performance in globalmarket. Suppose Cameco Corporation will enhance their business in international market so theyincreasing the international productivity, they able to increase the production and provides thebest quality product to the customer on timely. In addition, company able to provide the lowerprice on their product so customer attract to the pricing strategy. Also, globalization its allowsproviding the international fund to the developing countries. So Cameco Corporation hasreceived the help to the international monetary funds. So this funds provide helps to the companywith exchange currency and loans. Market factor1
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