Pearson BTEC Level 5 HND Global Business Environment Operations Report

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Added on  2023/02/02

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Global
business
environment
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TABLE OF CONTENT
IntroductionIntroduction
The key factors which drive globalisation.
The strategic complexities associated with operating in the
global environment
References
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The key factors which drive globalisation.
18/02/1
Cost:-
For maximising the profit and investment also which motivate the global companies. For analysing the key factors
its important to have investment for the global companies. The goal of the companies is it gives most of mileage for the
cost of investment. The positive impact is it saves time for promotion and advertising which can bleed across the
borders of Procter & gamble company from which it makes sense that the products are available when the customers are
learned or hear about it. the assessment of the objective for achieving the global opportunities and also the cost probably
which leads to the tough and difficult decision about the strategy of the market, segments of the customers and the focus
on the positioning of the products from the appropriate strategy. Negative impact for driving the globalisation is it takes
so much investment and consume so much time.
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CONTI..
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Market:-
For driving the globalisation market is one of the most important advanced
economies which become more similar in the term's income, education, lifestyle and
the use of precious time. Its necessary to find the ready buyers in the countries with
the high level of purchasing power and well-developed infrastructures of the Procter
& gamble company. From the global strategy in a critical situation to choose and
decide that where to spend the resources. the positive impact is that the data of the
market is more available in critical situations when the companies is grouping in the
market according to the frameworks and existing structures and the negative impact
is when the wide range of marketing is increasing then it raise the competition which
it increases the demand and ate that time when the demand is not fulfilled by the
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CONTI..
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Environment:-
For driving the globalisation its necessary to think about the environment
because it increases the mobility and wealth of the consumers. From the publicity of
the benefits of the globalisation and revolution of the technology which continues the
demand and supply for globalisation of the products and services. Its necessary to
coordinate the regulation and practices which is regarding to the protection of the
globalisation. For establishing the new market its important to assist the benefits
which have advanced communications from leaping over the development of the
economic of the Procter & gamble company. The negative impact on the environment
is utilisation of unlimited environmental resources and increases the pollution which
affect the greenery and the positive impact is it recycled the materials and reduce the
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CONTI..
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Competition:-
To drive the globalisation it increases the competition in the market. For
remain competitive in the market its important to launch and produce new products
and upgrade the new distribution of the products in the market. If Procter & gamble
company not remain competitive than it increase the risk which carefully researched
about the market and ideas picked from the competitive global players. This is the
positive impact for Leading companies in the market to drive the globalisation
which drive their companies in the direction of the global because it increases the
global demand, a global supply of chain which helps the organisation to meet the
demand and fulfil the needs of the customers and give them satisfaction
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The strategic complexities associated with operating in the global
environment
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Understanding the other languages and cultures:-
It's the biggest challenge for operating in the global environment
because its difficult to understanding other's culture and languages. It
means to prepared to deal with the customers of all the cultures and
languages. Its important to learn about the difference of the cultures
when the Procter & gamble company is going to success across the
borders. It's a type of investment for leaning the different languages of
others which help to understand the languages which help to connect
with the customers of the Procter & gamble company(ODOR, 2018.).
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CONTI..
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Communication and technology:-
One of the greatest challenges faced by the Procter & gamble company is operating
the global business environment because organisation which have staff and operations
then its cross the boarders of the market. Effective communication makes a healthier
environment between employees and across the nation. Effective Communication and
technology is a crucial to achieve the success. From the policies of communicating to
reach out the staff out of the clients and consumers, communication is a huge factor for
the operations of the organisation. From new technology of communication it's a
challenge to inherent every method which requires at the time of Procter & gamble
company operations.
.
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CONTI..
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Cost calculations and global pricing strategy:-
For setting the price and cost of the products and services of the Procter &
gamble company. For remain competitive in the market its important to ensure
the profit and research about the details of the price and give competition to the
local markets. Procter & gamble company must consider that the cost and price
of the products is suitable for the all levels of the customers in the market and
give tough competition to other companies. From the local competitors the
labour cost and the production much cheaper
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Laws and regulations:-
When the structure of the company is place then its important to understand and
learning the laws and regulations policies which governing the targets of the key of
market. It includes all the implications of the tax, trading laws, legal requirements of
navigating the central functions for the success of the Procter & gamble company in
the international market. Eligibility to trade the consideration of significant, potential
tariffs and the legal cost which is associated for entering in the new market. Its
important to differ that labour and employment requirements differ by the country.
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References
Books and journal
Animashaun, O.S., 2017. An investigation of project management at
PepsiCo Company.
Naidu, A., 2017. Strategies for Marketing to the Rural Customer in India:
The 4 As Model of Rural Marketing. Journal of Rural and Industrial
Development. 5(1). p.35.
Rahman, K.M., 2016. Strategic Planning and Marketing Models. In Strategic
Marketing Management in Asia: Case Studies and Lessons across
Industries (pp. 59-110). Emerald Group Publishing Limited.
Ramakrishna, A and et.al., 2016. Market Plan: Edible Water Bottle for
Pepsico.
Strauss, D., 2017. Marketing fundamentals for librarians. North Carolina
Libraries. 46(3). pp.132-135.
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