Reference no: EM133777867

Question

Define the following terms/key words/factors: globalisation/ cost/ global market/ global environment/ competition.

After you define the above factors, now analyse the factors such as cost, market, environment and competition that drives or influences the global commerce and trade, linking each of them with the organisation given in the case scenario (SIL).

After you have analysed the key factors above, continue your analysis from a critical point of view and critically analyse the impact that these key factors have on the global business environment in terms of opportunities and challenges and link the analysis with the organisation given in the case scenario (SIL). 

Now, you need to examine the complexity of strategic challenges the given organisation, SIL might face when operating in a global environment. For example, you can talk about the impacts such as international trade law, the environmental impacts of globalisation and the complexities of the international supply chain management. Link your answers with the SIL organisation given in the case scenario.

Now you need to evaluate the strategic challenges you mentioned above in the context of risk and diversification and the supply chain flow giving examples and linking your.