Order this Assignment Now: £79
LO1 Analyse the key factors which drive globalisation
2024-04-25T08:21:28+00:00
Unit code: M/508/0530 Unit level: 5 Credit value: 15
NOTE : Kindly share your UPDATED exam paper to the LIVE EXPERT with an updated Case Study (if any)
Introduction The aim of this unit is to explore the wider position some organisations have in the global environment. Students will appreciate the complexities of operating in a global environment, and this will enable them to offer greater breadth and depth to an organisation’s current or aspirational global presence.
Learning Outcomes By the end of this unit a student will be able to:
Analyse the key factors which drive globalisation.
Determine the strategic complexities associated with operating in a global environment.
Evaluate how operating in a global market influences an organisation’s structure, culture and functions.
Evaluate the influence of globalisation on organisational decision-making and strategy.
Essential Content
LO1 Analyse the key factors which drive globalisation
Driving factors of globalisation:
Analyse the concept and theory of globalisation in terms of cultural, economic, political and social dimensions.
What are the factors that drive globalisation? International economic integration, foreign direct investment, international business and trade.
Factors in relation to cost, market, environment and competition.
The significant impact of the digital revolution: creating better products and services at lower cost, the impact of social media and other applications (e.g cloud computing) connecting the global community and digitized design, manufacturing, and distribution systems making products and services available to a global market.
LO2 Determine the strategic complexities associated with operating in a global environment
Global strategic complexities:
The impacts of international trade law.
The economics of globalisation and the environmental impacts of globalisation in the context of the challenges they pose for risk and diversification strategies.
The complexities of the international supply chain management.
LO3 Evaluate how operating in a global market influences an organisation’s structure, culture and functions
Influences on structure, culture and functions:
How does the global market influence organisations in the context of McKinsey 7S model of organisational structure?
The governance of a multi-national organisation and leadership within an international context.
Using Hofstede’s Dimensions of Culture demonstrate how national cultural differences have an influence upon organisations.
The influence of ethical and sustainable globalisation.
Learning Outcomes and Assessment Criteria
Pass
Merit
Distinction
LO1 Analyse the key factors which drive globalisation
LO1 and LO2
D1 Critically evaluate the global business environment, including the opportunities and challenges faced by organisations.
P1 Analyse key factors of cost, market, environment and competition that drive global commerce and trade.
M1 Critically analyse the impact that key factors have upon the global business environment in terms of opportunities and challenges.
LO2 Determine the strategic complexities associated with operating in a global environment
P2 Explain the complexity of strategic challenges faced by organisations when operating in a global environment supported by specific examples.
M2 Evaluate strategic challenges in context of risk and diversification strategies and the supply chain flow.
LO3 Evaluate how operating in a global market influences an organisation’s structure, culture and functions
LO3 and LO4
D2 Critique strategies that can be adopted by organisations operating in a global business environment, making valid and justified recommendations of how they should adapt their organisational structure and decision-making processes.
P3 Evaluate the influences of globalisation on organisational governance and leadership, structure, culture and functions.
P4 Evaluate the influences of ethical and sustainable globalisation on organisational functions.
M3 Critically evaluate influences of globalisation in application to appropriate theories and models relating to organisational structure and culture.
LO4 Evaluate the influence of globalisation on organisational decision making and strategy
P5 Evaluate the different ways decision making can work effectively in a global context.
P6 Determine and articulate the various routes to internationalisation an organisation may adopt, including key barriers.
M4 Critically evaluate the key barriers in doing business internationally and make recommendations on how they can be overcome.
The quoted price covers up to 3000 words . For custom requirements Live Chat or Whatsapp ← Click Here
Order this Assignment Now: £79
Email: care@academiasupport.co.uk
100% Plagiarism Free & Custom Written, Tailored to your instructions