Business Organisations in a Global Context: Sectoral Analysis

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Added on  2023/01/12

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This report provides an analysis of business organizations within a global context, focusing on the differences and operations of various sectors. It examines the retail, automotive, and hospitality industries, highlighting their characteristics and global impacts. The retail sector's growth is attributed to increasing consumer demand, with examples like ASDA and Tesco. The automotive industry, including luxury brands and electric car manufacturers like Tesla, is discussed in terms of investment, market competition, and contribution to international trade. The hospitality industry, encompassing aviation, entertainment, and hotels like British Airways and Hilton, is analyzed for its integration and customer service focus. The report emphasizes globalization, technological innovation, and customer satisfaction as key factors influencing these industries. References to academic sources support the analysis, providing a comprehensive overview of global business dynamics.
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BUSINESS
ORGANISATIONS IN A
GLOBAL CONTEXT
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TABLE OF CONTENT
TASK 1............................................................................................................................................1
Differences between Organisation in Different Sectors and Industries.......................................1
REFERENCES................................................................................................................................3
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TASK 1
Differences between Organisation in Different Sectors and Industries
There are many business organisation in the market which have different nature and
o9perae differently in global market to increase their potential effectively. Due to change in
customer taste and preference also impact the global demand and gradually boost all the
industries in the global market to earn more profit effectively. A great opportunity for potential
business organisation to trade effectively in other nations. Globalisation and liberalization is one
of the major factor which helped all the businesses to increase the efficiency to grow and expand
in other market to increase profit margins effectively.
Retail industry is the fastest growing business sectors in the global market as the demand
of household products are increasing which is also increasing the opportunity for business tom
expand in new market and attain better quality products effectively (Simões, Gomes and Yasin,
2016). for Instance, ASDA, Tesco, Unilever are multinational brands which are related to
consumer products and has expanded their market by developing effective research and
development and analysing needs and wants of customers to increase their satisfaction level
effectively. as retail is the basic needs of the customers which is never ending industry and does
not have higher risk to invest in the global market effectively. increase in the innovation of
technology this industry has provided better customer services to compete in te market
effectively as food products cannot be substituted but can be modified with different flavours and
ingredients according to tastes of customers.
Automotive Industry is growing to increase in the income of customers around the world
as there are companies which produces luxury cars like Mercedez, BMW, Rolce Royce and there
are also some companies which produces electric cars like Tesla. There is high investment to
enter in automotive industry and there are limited companies in each market to reduce
competition in the market. Increase in the cartel system helps automotive industry to increase
profit margins and also develop monopoly in the market effectively. this industry contributes
high amount in international trade and also pro0vide employment to many countries. The raw
material of the manufacturing is imported by some other companies and assembling is done in
other region this helps to increase the development of all the region effectively to grow global
economy effectively.
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Major global business integration is of Hospitality industry due to tourism which also
helps bu8isjnmesses to increases the opportunity to develop effective services and increase
customer satisfaction effectively. Hospitality Industry is combination of aviation sector,
entertainment sector, transportation sector, hotel sector (Collings, Scullion and Caligiuri, 2018).
This all sectors integrate and provide effective services and experience to their customers and
gain better quality of services effectively. British airways, Hotel Hilton both are brand businesses
in the hospitality industry and also focus customer satisfaction by developing and innovating
services. Industry also uses innovative technology to reduce the cost of operations and increase
the profit margins to compete in the global market. Hospitality industry is based on the customer
behavioural and past experiences in decision making effectively.
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REFERENCES
Books and Journal
Collings, D.G., Scullion, H. and Caligiuri, P.M. eds., 2018. Global talent management.
Routledge.
Simões, J.M., Gomes, C.F. and Yasin, M.M., 2016. Changing role of maintenance in business
organisations: measurement versus strategic orientation. International journal of
production research. 54(11). pp.3329-3346.
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