The Changing Nature of the Global Business Environment and Its Impact on the Corporate Security Function - Term Paper Example

Comments (0) Cite this document
Summary
This paper examines the adjusting character of the business environment and the force of global business on corporate security. The global business environment can be defined as the different environments available in different countries, with factors exogenous to the locality of an organization. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
The Changing Nature of the Global Business Environment and Its Impact on the Corporate Security Function
Read TextPreview

Extract of sample "The Changing Nature of the Global Business Environment and Its Impact on the Corporate Security Function"

Download file to see previous pages The global business can be categorized into two broad classifications, that is, the internal environment and the external environment. This includes the social, economic, political, regulatory, technological environment. However, the political environment plays a critical role in the business environment as it influences legislation and regulation under which a foreign country will operate in. In order for companies operating internationally to function effectively, they must be aware of the social environment of the host countries, for instance, the culture and their language. As globalization is taking effect in most countries, this has also led to several changes in the international business environment. According to Hamilton 2005, the changes include; emergence and growth of new trading blocs and major changes to the existing one, for instance, development of the European Union, emergence of new markets with a great potential of growth, changes of the fundamental economic system in some countries and regions, diminishing international trade barriers, growth of multinational organizations, development of modern communication technology, and the positive impact that communication has had to the global business environment (Brattnaite and Drahos 2000).

The progress made in the liberalization of international trade- this aspect is of importance in regard to the growth of the global business. The World Trade Organization (WTO) through consensus with other stakeholders has agreed to remove trade barriers such as quotas and tariffs. This move has greatly contributed to the rise and importance of international business.

Cosmopolitan customers have contributed to the growth of international business. Most consumers in this era are mobile. They move or travel from one place to another. The mobile nature of consumers combined with the improved global media network means that consumers are exposed to new stuff in the market, and accessibility (Moran et al 2010).  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(The Changing Nature of the Global Business Environment and Its Impact Term Paper, n.d.)
The Changing Nature of the Global Business Environment and Its Impact Term Paper. Retrieved from https://studentshare.org/business/1606564-critically-discuss-the-changing-nature-of-the-global-business-environment-and-its-impact-on-the-corporate-security-function
(The Changing Nature of the Global Business Environment and Its Impact Term Paper)
The Changing Nature of the Global Business Environment and Its Impact Term Paper. https://studentshare.org/business/1606564-critically-discuss-the-changing-nature-of-the-global-business-environment-and-its-impact-on-the-corporate-security-function.
“The Changing Nature of the Global Business Environment and Its Impact Term Paper”. https://studentshare.org/business/1606564-critically-discuss-the-changing-nature-of-the-global-business-environment-and-its-impact-on-the-corporate-security-function.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Changing Nature of the Global Business Environment and Its Impact on the Corporate Security Function

Network Security and Its Business Impact

... has become a major issue in the business world. With most of the organizations relying on technology using multi-networked computing environment, making it easy for flow of information and also sharing resources at the same time. The advent and compulsion of existence of multiple types of networks in an organization have complicated the arrangement of security implementation. This may lead to the issue of the information being available to everybody using the network. Business involves lot of critical data which needs to be sorted and reserved to and within the department depending on the requirement. Securing and stabilizing the network ensures the confidentiality of data and effects positively towards the productivity and functionality...
8 Pages(2000 words)Essay

PepsiCos Changing Business Environment

PepsiCo Inc. remains one of the leading food and beverage companies both in the United States and in different parts of the world. Over the years, the company has undergone structural and managerial changes aimed towards enhancing its market profile and general performance. Longitudinal inquiries into the companies potential show that the company has continued to post impressive financial results as a result of strategic changes in its internal systems and supply chain (Bachmeier 141). PepsiCo’s expansion into Asia, Europe, Africa, and other parts of the world demonstrates a determined agenda of breaking into new market segments beyond its original geographical niche. The same determination manifests itself through the merge...
9 Pages(2250 words)Case Study

Business Models And The Changing Business Environment

These models are applied so that the needs of the customers can be fulfilled. The enterprises require to structure those practices in such a way that the business model connect with innovation and forming of the business strategy (Hedman & Kalling, 2003). In this report a discussion about the changing environment will be presented. This will exhibit the development in the global economy and the change in the traditional practices which lead towards technological growth and development. Innovation in communication and the development in the technology will lead to the establishment of the global trading regime. Such methods have ignited the competition because the customers have more options available for choosing from the best av...
7 Pages(1750 words)Essay

Business in its environment

...Q1. It is said that the business organisation acts as a transformation mechanism, i.e. it transforms inputs to outputs. Explain the motivations and means of doing that. Customer requirements and consumable resources-such as raw materials, money, and information are transformed into goods, services, and business outcomes for the customers' benefit when appropriate events and conditions trigger action, The objective of most 21st century organisations emphasise on service and customer retention, regardless of the nature of the delivered result. At the same time that businesses are serving their customer and consumer markets, their performance is measured in terms of appropriate key performance indicators (KPIs) and evaluated against...
1 Pages(250 words)Essay

Global Business Environment

Global Business Environment Present day business environment comprises a global village which has got integrated in many ways. The restrictions on the geographical boundaries that constrained the movement and growth of the business houses have disappeared since long and have provided the opportunities for the businesses to expand within and outside their respective countries. This paper brings out some of the important features of globalization. As a case study the paper considers the international operations Proctor & Gamble (shortly P&G), a multinational FMCG manufacturer.
Proctor & Gamble – an Overview
P&G started as a small soap and candle company started by William Proctor and James Gamble in the year 1837 in Cin...
3 Pages(750 words)Case Study

Business Changing Environment

Digital Equipment Corporation, Scotland, came into existence in 1983 as a small scale test facility for computer chips made in Hudson, America. Digital is one the largest computer manufacturing company in America and its plant in Ayr, Scotland, became the first overseas plant to launch worldwide distribution of computer system which was locally designed and developed. When assembling operations were added in 1985, there was impressive growth in the output of VLSI chips and the strength of the employees grew from 14 in 1984 to 470 employees in 1989. VLSI volume rose from 2000 per week to whopping 35000 per week in 1989 which were not only more complex and sophisticated in design but also comprised of forty different product types t...
7 Pages(1750 words)Essay

Business Imperatives in the Changing Global Environment

The controversies regarding the moral responsibilities and ethical considerations in the decision-making process are the inherent challenges that must be understood in the wider perspectives of business’ vision and mission. The paper would thus, be discussing the most crucial aspects of an ethical business.
Consequentialist ethics is defined as the acts or behavior that is determined by the consequences of that act or behavior which generally must be beneficial in content. ‘The principle of utility states that an action is right if it produces the greatest balance of pleasure or happiness and unhappiness in light of alternative actions’ (reading 1, p 3). Popularized as act utilitarian theory, the actions, t...
8 Pages(2000 words)Term Paper

Global Business Environment

...Global Business Environment Contents Contents 2 Introduction 3 Discussion 3 Conclusion 5 References 7 Introduction Today’s’ globalised world is fullof uncertainties. Every country is connected with each other and any recession in one country can have adverse effect on other country. This is mainly due to international trade which happens across international border. For example in Euro zone crisis, the entire world got affected and it resulted in severe recession in many countries in Europe. The effect was felt in far away countries like Brazil, India etc. Thus it is important for any country to adopt measures in time so that it can prevent such incidents from repeating again in their state. This report will look at the different measures...
4 Pages(1000 words)Assignment

Global Business Environment

... are huge and may not be fully accounted for in full. However, a general understanding is that global warming presents huge financial and non-financial losses to various sectors that are huge economic importance to any government. Economic losses arising from natural catastrophes are likely to trigger effect of climatic change and in more extreme measures as time slowly progresses. Effect of global warming on businessesGlobal warming has been having a great impact on different kinds of business, this is through the challenge it presents on effective implementation of certain strategies and approaches to enhance business performance. With increased attention by governments and non-governmental organizational about global warming and its...
5 Pages(1250 words)Assignment

Global business environment

...Part 2 Executive Summary Global business environment has become highly competitive as several leading organizations around the globe are trying to capitalize on the potential business operation opportunities that have been developed due to globalization and technological advancement. Slate tablet is a newly developed organization going to compete in the global consumer tablet industry. The organization is trying to adopt and implement cost leadership business level strategy in business operation process in order to support the affected purchasing power of the consumers. The organization should try to focus on the large and emerging consumers markets to gain potential competitive advantages. In addition to this, the organization should also...
12 Pages(3000 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic The Changing Nature of the Global Business Environment and Its Impact on the Corporate Security Function for FREE!

Contact Us