Analysing the Global Business Environment: Key Factors & Challenges
VerifiedAdded on  2023/06/08
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AI Summary
This report provides an in-depth analysis of the global business environment, exploring key factors such as cost, market dynamics, environmental considerations, and competition that drive global commerce and trade. It examines the strategic challenges organisations face when operating globally, including political, economic, socio-cultural, technological, environmental, and legal complexities. The report further discusses the impact of globalisation on organisational governance, leadership, structure, culture, and functions, as well as the influence of ethical and sustainable practices. It also explores various effective decision-making approaches in a global context and outlines different routes to internationalisation, highlighting key barriers organisations may encounter. This comprehensive overview provides valuable insights into navigating the complexities of the global business landscape.
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