Analysis Of New Investment Plans Of An Existing Company

Causation- the relationship between an event or situation and a possible reason or cause (“Merriam-Webster” http://www.merriam-webster.com/dictionary/causation )

Within the global business environment one thing is constant and inevitable, the need for change and the effort and focus that it requires. The need for change can be attributed to various factors; two that immediately come to mind are globalization and advancements in technology.

All businesses are affected by a series of external forces or influences. These influences may also change over time and hence the way they interreact with an organisation can also change. Operations Management will use a variery of measurements to monitor external influences to help them respond to these changes, for example, at times of slow hire rates for employees in time of high employment, operation Management may re-train other internal staff to make up shortfalls [Kydos, P29].

It is a more complex job for managers to operate a company based on the global business environment, but it can be also treat as a challenging for them, because it is a more open environment – organisations are free to buy goods and services from all over the world easily and convenient. The following paragraph will discuss how Myer managers operate the company in the global environment in 3 specific area, supplier, customer and competitor.

It is imperative on the part of companies in the industry to analyse the macro environmental factors which are beyond the control of company but have the significant impact on its future operations and profitability therefore to audit the present and anticipate the potential future changes so could be aligned with the changes and add to its advantage.

Multinational Business Organizations control in various difficult domestic and global environment. Several factors influence the marketing environments that are not under control of organization. Business environment of the company is divided into two groups: The Specific and The General Environment.

In business, it is essential to focus on the general environment because it directly corresponds to the organization. The general environment consists of economic conditions, legal-political conditions, sociocultural conditions and technological conditions. The way in which a business interacts with the environment will result in the company’s success or failure. A business must analyze each of these factors, as they all contribute to the overall growth and success of a company. If one of these factors become too regulated or shifted too far in one direction, a business is likely to feel it. There essentially must be a balance in order to keep a business steadily running. Ultimately, the goal is typically to maximize profits, so establishing an understanding of how these factors all play a role in the overall success of a business is critical.

In summary, the questionable cause fallacy emanates from erroneous reasoning that one thing causes another because of a regular association between the two. The fallacy of questionable cause can be attributed to the lack of sufficient evidence in making particular claims. The fallacy of questionable cause is a regularly committed fallacy because of the difficult nature of causal reasoning. Nevertheless, much care should be taken when making conclusions on the causes of certain events. This paper has provided real life examples of the questionable cause fallacy. It is important to note that the simultaneous occurrence of events does not prove the existence of a causal connection.

The world of business nowadays ignited and soared globally. It’s in the context of business itself. It’s inevitable. With this, the way the management manages such globalization in business has been affected consequently. According to Tabb (2008), globalization refers to the eruption and rise of global civilization in which economic, political, environmental, and cultural proceedings in one area of the world affected another and is the result of communication, transportation, and information technology advances. On the other hand, management is “the art of getting things done through the efforts of other people” (Carpenter, Taylor, & Erdogan, 2009). Given this definition, how would the management run a business in global standards? It would serve as a guide on the possible impacts of management in the globalization of business such as the business locale, international standard issues, market and customer base, international employee rates, increase in global competition and opportunities, and establishment of a network of global contacts and partners. Simply, business globalization gave rise to the foreign ventures of “multinational corporations”. However, it brought up both benefits and undesirable effects and utmost responsibilities.

Every business needs to have a mission and objectives and need to know what affects them environmentally and within their organisation. If they understand what is happening within the organisation, they can proceed to strategy formulation and can start planning and operate.

Globalization has impacted the operations of businesses in diverse ways, right from the strategic planning, allocation of resources, use of technology and other best practices of leadership and management. Imperatively, the global business environment has become homogenous because of the impact of globalization (Buckley, 2014). Businesses and their leaders need to acknowledge the salient aspects of the global business dimensions and the issues affecting the business environment. This essay will evaluate the global dimensions of a business that affects the operations of a business regarding policies, laws, finances, management, and marketing among other aspects. This essay will also discuss the application of ethical principles to leadership decision making tactics.

Therefore it is not unrealistic to state that a good job of business is a good job of adapting to the total environment, each and every part of it.

The reason why I chose this topic because I would like to become an international business manager in the future, so as a result of that I have to know a lot about the international business environment and that will help to develop my career in international of business management and yes international business environment is related to my area of study or professional field of study, as a student of business administration and management, I would definitely come across learning the principles that guide and help one on how to study the international business environment and adopt it ,

The world is changing more rapidly, consequently organizations are promptly the way they operate as well to ensure survival and growth in high velocity turbulent markets. To succeed an organization has to anticipate, react and even lead in terms of strategic decisions to enhance profits. Investment decisions are critical for the performance of the organization. From a micro perspective, they are fundamental for the growth of individual companies, increasing their efficiency by reducing unit costs, tap new market segments and exploit more resources. At company’s level, an investment decision abroad is much more complicated and requires more research; it is more of a multi-criteria process taking into account numerous factors. These are

Pre-investment studies relate to the activities that are concerned with making a detailed feasibility exploration to evaluate alternative avenues of capital investment in terms of growth and profit prospects. Some of these activities are as follows: