Competing in a global context Picture1

Tax Considerations and exchange rates tax

City leadership and business opportunities

Economic and financial flows

Global trade environment

Supply chain chain

innovation

Human resource management
images

geography

activity

tactic knowledge

competition

social interaction

regional innovation systems

skilled workforce

IHK

IT infrastructure

producer associations

organisational strategy

context

internal

external

Sustainability goals

PESTLE

business functions

glocalisation

threats/opportunities from external environment

flows

business management

WTO

challenges

labour

goods

money

services

trade agreements

negotiations

adapting to change

political instability

cultural differences

managed remotely

trade & political agreements

International operations

complex supply network

manage bullwhip effect

manage effectively

outsourcing

prioritisation of cultural needs

ability to adapt processes

offshoring

exchange rates

capital costs

transport costs

re-shoring

manage efficiency

exceptions

cost

carbon footprint

processes

distributors

change

IMF

The World Bank

unbalanced

MNC's

squashing competition

tax avoidance

smaller no.s of employees

domination

product offerings

jurisdiction

fluctuations

strategy

Finance reporting

IFRS

US GAAP

convergence issues

globally adopted

aim to determine standards

based on principles

managerial leadership

political leadership

civic leadership

business leadership

globalisation

divergence

convergence

crossvergence

collaboration with other business functions

integration multinational workforce

employees

skills

retention

pay