Global Business: Global Integration, Trade, Economy & ICT Impact

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This presentation assesses the implications of global integration on business organizations, focusing on a large domestic conglomerate. It evaluates the effects of international trade on domestic products and services, reviews the impact of the global economy on businesses, and assesses how ICT technologies have facilitated globalization. The presentation concludes that global factors significantly influence business organizations, with international trade impacting domestic products and services both positively and negatively. Globalisation also increases competition in domestic and international markets, highlighting the need for businesses to adapt and innovate.
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Business organisations in a
Global Context
Activity 3 (3.1-3.4)
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Introduction
3.1 Implications of global integration on business organisations
3.2 Assess the effect of international trade on domestic products and
services
3.3 Review the impact of the global economy on businesses
3.4 Assess how ICT technologies have facilitated globalisation
Conclusion
References
Table of contents
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Globalisation is that process in which organisation operate
its business activities at international level.
This presentation is based on large domestic
conglomerate called stonehenge.
In this presentation, impact of global factors and current
issues of businesses has been determined.
Introduction
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There are various global companies which provides
financial and non-financial assistance to other companies
so that they can improve their product quality.
Also, global integration minimise the trade barriers and
creates open economy in all over the world.
3.1 Implications of global integration on
business organisations
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3.2 Assess the effect of international
trade on domestic products and services
In present time, there is all
businesses are getting involved in
international trade.
The global trade influence both
positive as well as negative impact
on domestic companies and their
products.
High level of product import,
provides alternatives to customers.
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3.3 Review the impact of the global
economy on businesses
Global economy provides huge
financial benefits to multinational
organisations.
High income level of other country
can be prove as beneficial for
multinational companies.
The global market, force companies
to innovate new products and
services.
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The information and communication technologies is
continuously expanding globalisation.
ICT has improved the business processes and also it helps
in simplifying the global market.
It gives huge challenge to traditional economic system.
3.4 Assess how ICT technologies have
facilitated globalisation
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Thus, it has concluded that global factors influence huge
impact on different business organisations.
International trade is major aspect of globalisation which
influence positive as well as negative impact on domestic
products as well as services.
The globalisation also increases the level of competition
within domestic as well as in international market.
Conclusion
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Denhardt, R.B. and Catlaw, T.J., 2014. Theories of public
organization. Cengage learning.
Galí, J., 2015. Monetary policy, inflation, and the business cycle: an
introduction to the new Keynesian framework and its applications.
Princeton University Press.
Jones, R.W. and Kierzkowski, H., 2018. The role of services in
production and international trade: A theoretical framework. World
Scientific Book Chapters, pp.233-253.
References
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