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Understanding Business Environment in International Organization

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Added on  2020-09-17

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UNDERSTANDING BUSINESS INTRODUCTION 1 Q.1 Effects of climatic change on the business 1 Q.2 Methods to increases the productivity of failing business by social media 2 Q.3 Communication issues in international business dueto the differences 4 CONCLUSION 5 REFERENCES 6 INTRODUCTION Understanding business environment is important for every business. Report discuses about the effects of climatic change in the global business,methods of failing business can apply to improve the productivity using the social media and thecommunication issues of international

Understanding Business Environment in International Organization

   Added on 2020-09-17

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UNDERSTANDINGBUSINESS
Understanding Business Environment in International Organization_1
Table of ContentsINTRODUCTION...........................................................................................................................1Q.1 Effects of climatic change on the business...........................................................................1Q.2 Methods to increases the productivity of failing business by social media.........................2Q.3 Communication issues in international business due to cultural differences.....................4CONCLUSION ..............................................................................................................................5REFERENCES................................................................................................................................6
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INTRODUCTIONUnderstanding business environment is important for every business. Company afterevaluating the environment can make changes in the plans and policies so that the operations canrun successfully in the business. Report discusses about the Tesco company which is operated inU.K (Crane and Matten,2016).It provides all the products such as clothes,beverage and the food.Report discuses about the effects of climatic change in the global business,methods of failingbusiness can apply to improve the productivity using the social media and the communicationissues of international businesses due to cultural differences. Q.1 Effects of climatic change on the businessThere are various effects of that climatic change on the company. The issues faced bythe Tesco company-Domestic legislation – There are various legislation followed by the company.Companies were given certain emission credits in which they have to release the certainquantity of gases in the the air. So if firm discharges more amount then the credits thenthey have to buy additional credits hence it affects their profits. So hence it will reducethe profits of Tesco. This results in less productivity of the firm so hence it cannotmaintain unique position in the market. Thus it cannot expand the business whichhampers the growth of the company. Changing the process of the goods and services – If there is increase in transportationcost or the higher electric rate then company has to incur extra expenses on the trucks andthe cost of electricity of the warehouses. So hence it increases the supplier cost whoptransports the materials to the company. Thus company has to charge extra cost from thecustomer. So customer suffers due to this change. Company also have to bear theadditional cost which hampers the productivity and the profits. So this reduces the salesof the company . It cannot attract much customers. It reduces the productivity andcompany cannot expand the business. Changing the demand of goods – Due to changing weather patterns and the changingprices it can affect the demand the goods (McHugh,Nickels and McHugh,2016) As ifthere global temperature increases then there is decline in items such as fruits beveragesand cold coffee which are consumed in winter season. If there is summer season then1
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