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LO1 Evaluate the prime factor which impact globalisation.
LO2 Explore the strategic complexities that are related to operating in global environment.
You are hired as an advisor by the promoters of Tufwell Glass, a small manufacturer based in Crawley looking to expand in global markets. Company requires expert advice in globalisation and in the challenges that they face in globalisation and hence they hired you. You can also choose your choice organisation.
You are needed to investigate the key factors that impact globalization as well as challenges this creates when operating globally. Use PESTLE analysis.
Cover this in report;
LO3 Explain how operating in global market affect an organisation structure, culture and functions.
LO4 Explain the influence of globalisation on organisation decision making and strategy.
Tufwell Glass intends to discuss globalization agenda in its board meeting. As an advisor you will also be attending the meeting as a special invitee to deliberate on the second part of your report. The deliberations shall mainly dwell on how globalization affects decision making and strategy within a global business.
In this, you may want to consider theory (McKinsey’s 7S model, Hofstede’s Dimensions of Culture etc) and factors that influence structures, culture and organizational functions in the given business.
Relate to the given organization and show how their strategy and decisions have been influenced by the factors.
Cover this in report:
Learning Outcomes |
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Pass |
Merit |
Distinction |
LO1 Evaluate the factors which drive globalisation |
LO1 & 2 D1 Critically explain the global business environment, including the opportunities and challenges faced by organisations. |
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P1 Explain key factors of cost, market, environment and competition that drive global commerce and trade. |
M1 Analyse the impact that factors have upon the global business environment in terms of benefits and challenges. |
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LO2 Evaluate the strategic complexities associated with operating in a global environment |
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P2 Explain the complexity of strategic challenges faced by organisations when operating in global environment with specific examples. |
M2 Analyse strategic challenges in context of risk and diversification strategies and the supply chain flow. |
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LO3 Explain how operating in a global market influences an organisation’s structure, culture and functions |
LO 3 & 4 D2 Provide strategies that can be adopted by organisation operating in global business environment and recommend how they should adopt their organisation structure and decision making. |
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P3 Explain the influences of globalisation on organisational governance and leadership, structure, culture and functions. P4 Evaluate the impact of ethical and sustainable globalisation on organisational functions. |
M3 Evaluate global market influences in application of theories and models relating to organisational structure and culture. |
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LO4 Determine the influence of globalisation on organisational decision making and strategy |
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P5 Evaluate the ways decision making can work effectively in a global context. P6 Determine various routes to internationalisation an organisation may adopt, including key barriers. |
M4 Evaluate the key barriers in doing business internationally and make recommendations on how they can be overcome. |
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Global Assignment Help Australia ,(2024),https://au1.globalassignmenthelp.com.au/answers/business-plan/bsbmgt617-global-business-expansion-plan-of-tufwell-glass
Global Assignment Help Australia (2024) [Online]. Retrieved from: https://au1.globalassignmenthelp.com.au/answers/business-plan/bsbmgt617-global-business-expansion-plan-of-tufwell-glass
Global Assignment Help Australia. (Global Assignment Help Australia, 2024) https://au1.globalassignmenthelp.com.au/answers/business-plan/bsbmgt617-global-business-expansion-plan-of-tufwell-glass
Global Assignment Help Australia. [Internet]. Global Assignment Help Australia.(2024), Retrieved from: https://au1.globalassignmenthelp.com.au/answers/business-plan/bsbmgt617-global-business-expansion-plan-of-tufwell-glass
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