Analysis of Global Business Environment and its Impact on Business

This report provides a comprehensive analysis of the global business environment, exploring key concepts such as globalisation and its impact on businesses. It delves into the factors driving globalisation, including liberalization, technology, and market forces. The report highlights the significant influence of digital technology on globalisation and includes a PESTEL analysis, providing insights into the macro-environmental factors affecting businesses. It addresses the challenges of globalisation and offers recommendations to overcome them, such as ensuring the benefits of globalisation to expand business effectively. The conclusion summarizes the importance of understanding the global business environment for successful business expansion. The report also includes references to support its findings.

Global business
environment

Table of content
 Introduction
 Concept of globalisation
 Key driving factors of globalisation
 Significant impact of digital technology on globalisation
 PESTEL analysis of CAMECO
 Challenges of globalisation
 Recommendation for overcome these challenges
 Conclusion

Introduction
 Global business environment is refers the environment in different
countries, with the various factors to environment of the
organisation.
 It influences the decision making which are based on the resources
and capabilities.

Concept of globalisation
 The globalisation is describing those factors which are interrelating
and interact with the political, social, technological and economical
across cultural boundaries.
 It has advantage and disadvantage for social, political and
economic development of the company which is want t expand in
the new globalisation and its environment.

Key driving factors of globalisation
 There are various key driving factors of globalisation which are
impact to the business and its growth in negative and positive ways.
The key driving factors are as follows;
 Liberalization
 Technology
 Resource and market
 Production issues

Significant impact of digital technology on
globalisation
 Technology gives significant impact on the globalisation. In fact the technology is
the main key driving factor of globalisation.
 Now day’s technology has grown very fast.

PESTEL analysis of CAMECO
 The PESTEL analysis is management tools which is help to
CAMECO manager to take best decision for the work.
 This will covers the macro environment factors which are impact
metal mining by various factors.

Challenges of globalisation
 Globalisation is poses the various challenges which are faced by the
global business and its environment. The challenges of
globalisation are as follows:
 The challenge is to ensure about the benefits of the globalisation to
expand it in all the country.

Recommendation for overcome these
challenges
 To overcome those challenges here is mentioned some recommendation are as
follows:
 the company is sure about the benefits by the globalisation then it is able to expand
their business in the global context with high growth and productivity.

Conclusion
 From the above study it had been concluded that the global
business environment has effective concept for expanding the
business.

REFERENCES
 Amankwah-Amoah, J., Osabutey, E. L. and Egbetokun, A., 2018.
Contemporary challenges and opportunities of doing business in
Africa: The emerging roles and effects of
technologies. Technological Forecasting and Social
Change. 131,.pp.171-174.
 Aras, G. and Crowther, D., 2016. The durable corporation:
Strategies for sustainable development. Routledge.