Analyzing Globalization's Effects on Cameco: Challenges and Solutions

Desklib provides past papers and solved assignments. This presentation analyzes globalization's impact on Cameco.

IMPACT OF GLOBALIZATION ON CAMECO

TABLE OF CONTENT
• INTRODUCTION TO GLOBALIZATION
• DRIVING FACTORS OF GLOBALIZATION
• IMPACT OF DIGITAL TECHNOLOGY ON GLOBALIZATION
• PESTEL ANALYSIS OF CAMECO
• CHALLENEGES OF GLOBALIZATION
• TECHNIQUES TO OVERCOME THE CHALLENGES OF GLOBALIZATION

INTRODUCTION OF GLOBALIZATION
• Globalization is defined as the way of providing the establishment among the diffrerent
countries on the basis of the interconnection of the exchange of goods and services
among the countries.
• It serves as the way to generate the high profit of an organization, by establishin the
healthy relationships among the countries.

DRIVING FACTORS OF GLOBALIZATION
• Technological Drivers
• Economical Drivers
• Market Drivers
• Competitive Drivers
• Cost Drivers

IMPACT OF DIGITAL TECHNOLOGY ON
GLOBALIZATION
• Increase in the production of the company: It defines the use of the new technology and
the devices to generate the new set of the products.
• Spread of the knowledge: As with the changing world, the internet serves as the boon for
the people to know about the increasing technologies.
• Introduction of the new set of devices: With the help of technology the new devices must
be introduced which generate the profit for the company
• Possession of the technology: By using the highly equipped features made by the
technology the possession can be generated among people.
• Growth for the change: As there have been many set of new technologies being
introduced, the growth fo the company can be determined by the change in the existing
technology.

PESTEL ANALYTSIS OF CAMECO
• POLITCAL FACTORS: The political factors which must be analyzed are:
1. Determining the importance of the minerals and the metals in terms of the country’s
economy.
2. Regulation of the trade with respect to the basic materials.
3. The benefits in terms of the employee services.
• ECONOMICAL FACTORS:
1. Rate of the unemployment within the country
2. Rate of exchange in terms of the country’s currency ratios.
3. The rate of the interest being charged upon the goods.

• SOCIAL FACTORS:
1. It defines the level of the skilled people among the population.
2. It determines the attitude towards the business envrionment.
3. It defines the leisure interest.
• TECHNOLOGICAL FACTORS:
1. It defines the current set of the developments done by the CAMECO
2. Defines the impact on the value chain supply.
3. It defines the rate of diffusion in technological terms

• ENVIRONMENTAL FACTORS:
1. It deals with the weather conditions of the company
2. The set of laws defining the environmental pollution
3. Management of waste
• LEGAL FACTORS:
1. Laws dealing with te anti-trust issues
2. Protection of the data provided by people
3. Consumer protection laws

• Mobility of Job:
In terms of the globalization, the need fro shifting of employees form the less developed to
the developing country serves as the big task for the employees belonging to the
manufacturing unit.
• Loss in Cultural Identity:
It has led to the loss of the cultural identity with the aim to develop the common culture all
over the countries.
• Partnership:
It serves as the main key of success, because to establish the business in the new country
the partnership with the local business, helps in defining the culture of the people.
• Dominance:
It has been found that in the world of globalization, it has been found that the western
culture holds the dominance over the other factors.
CHALLENGES OF GLOBALIZATION

TECHNIQUES TO OVERCOME THE CHALLENGES
OF GLOBALIZATION
• Global Challenger Program: It helps in determining the company-based programs which
helps in defining the successful efforts for the globalization. It helps in achieving the best
possible solution fro the company.
• Costumer Insight Centre: The development of such type of center helps in analyzing the
type of the services required by the costumers to deal with the upcoming changes of the
organization.
• Foreign Direct Investment: It helps in providing the clear ability of the country to attract,
accelerate and maintain the foreign investments over the local economy of the country.
• Cultural Differences: It helps in achieving the equality among the various different
countries defining the equal set of demands of the customers, fulfilling the profit
generation terms.

The above created presentation includes the clear view of the
globalization along with the effect of the globalization on the environment of
the company. There are certain set of challenges which are faced within
the global establishment of an organization and the set of the strategies
are also provided to overcome the challenges of globalization in business
environment.
CONCLUSION

• Chakrabarti, S., 2019. Inclusive Globalization or Deepening Dualism? The
Informal Sector of India. In The Globalization Conundrum—Dark Clouds
behind the Silver Lining (pp. 9-33). Springer, Singapore.
• Lasserre, P., 2017. Global strategic management. Macmillan International
Higher Education.
• Haalboom, B., 2016. Pursuing openings and navigating closures for aboriginal
knowledges in environmental governance of uranium mining, Saskatchewan,
Canada. The Extractive Industries and Society, 3(4), pp.1010-1017.
• Bak, M., Péter, I., Nyári, T., Simon, P., Újlaky, M., Boér, A. and Kásler, M.,
2015. Pajzsmirigygöbök vékonytű-aspirációs citológiai vizsgálata. A Bethesda-
rendszer (2008) minőségbiztosítása. Orvosi Hetilap, 156(41), pp.1661-1666.
REFERENCES