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Block 2 - Competing in a global context - Coggle Diagram
Block 2 - Competing in a global context
Context?
External Context
External stakeholders
Physical resources
Cultural norms
Political regulations
Internal Context
Internal environment
Culture
Internal stakeholders
Governance structure
Steeple & Pestle
Social
Technology
Economic
Legal
Political
Envrionmental
CSR - Corporate Social Responsibility
Economic factors > The type of economic system that is dominant in the location of your organisation, e.g. market, varieties of capitalism, socialist, etc.
Social factors > The type of norms that are prevalent in the location of your organisation, e.g. traditional, progressive, cosmopolitan, parochial, religious, secular, etc.
Technological factors >The technologies that are prominent in the location of your organisation, e.g. strong internet access, the use of traditional techniques, etc.
Legal factors > The legal system and laws in the location of your organisation, e.g. national laws, local laws, international regulations.
Political factors > The type of government that governs in the location of your organisation, e.g. authoritarian, liberal democratic, etc.
Environmental factors > as above
Geography of innovation
Discovering the Global Context
World Trade Organization (WTO)
World Bank
The General Agreement on Tariffs and Trade (GATT) > 1946
International Monetary Fund (IMF)
Electronic Commerce
Marketing
Sale & Delivery of goods by electronic means
Distribution
NGO's - non-governmental organisation e.g. Oxfam, Greenpeace & International Chamber of Commerce
What is globalisation?
Logistics
Expansion of labour market
Reducing barriers for trading
across continents
Increased competition for employment
Transnational Networks
Expand customer base
Increased colaboration
Different legislation & culture
Inequalities - not everyone benefits
Global marketplace
Global demand and competition
Productive workforce