Business Environment And Organizations In Assessment Answer

The business environment is the area that surrounds the business and affects how it carries out its activities. The environment can be divided into internal which include the suppliers, workers, a culture of the firm and the external environment which is made up of the competitors, economic factors, political factors, hereditary factors, etc. The internal factors the business has control over the elements to ensure that its goals and objectives are achieved. The external factors are the factors that the organization has not powers or control over. Both the internal and external factors group must come up with a strategy or plan to manage them not to hinder in the achievement of the targets. Business is created to make profits and not losses by the owners as they invest their capital hoping returns (Hillary, 2004, pp.561-569).

Technology has made ways for a business to be able to do business in foreign countries with ease. The global market is the market that is available for any company outside its country. These are the international market in the foreign market. Carrying on business in foreign countries by any business is called international trade, and it has many documents or requirements by each and every country. International trade is very attractive for all business people as it gives a chance to increase the market share, get cheap labor or cheap raw materials for the firm. However, in real sense international trade is perilous for any business. The uncertainty and chances for failure are high then the likelihood of success. Businesses must do preliminary research when they intend to engage in international markets to ensure that they have full knowledge of the markets.

The aim of every business is to create a blue ocean for its products and services. These are creating a market which is a less competitive assuring market for the company items. Globalization makes it's very hard for any organization to get any area with no competition. It is everywhere and therefore; proper planning must be put into consideration for any business that wishes to venture into international market. Global markets have many restrictions for companies like government policies, legal measures, sources of raw materials and employees, taxation, etc. Many businesses may get into trouble penetrating in such markets due to the restraints (Morrison, 2016).

Dell company located in America is one of the privately owned enterprises in the world that have tried international marketing and succeeded as a technological organization. The company manufactures and sell computers and their devices to the global market. There are several factors that the firm has put into consideration to ensure competitive advantage. The company produces machines that are as per the requirements of the users. Computers satisfy the needs of the end users as they are configured to help in their activities effectively. Also, the company has a good feedback system through the online platform which enables interaction between the business and the customers directly. Customers problems and needs can be addressed adequately. These distinct factors make the Dell company unique in its operations and aids in global marketing. However, the Dell company faces a lot of challenges as competition, rules and regulations of different countries, the taxation systems, economic factors among others. The management of the enterprise is a reason for the success as the company has many managers in the various countries who are well knowledgeable and hardworking.

Administration of any international business whether making a profit like Dell company or not making a profit like United Nations High Commissioner for Refugees which advocate for the rights of refugees must be properly done with set rules and regulation of how to meets its goals. The approach of corporate social responsibility must be encouraged to avoid any disputes of the organization with the stakeholders which are the persons who interact directly or indirectly with the business (Werther Jr, and Chandler, 2010). Thorough research must undertake to show the areas which favor the business activities and can lead to success when exploited. Venture into a new market is risky for any firm and can determine the future of the organization. People of different countries have different needs and tastes and preferences of the goods and services. The needs of customers must match with the products and services offered by the businesses. The global business environment has increased market competition has trade can be made everywhere after meeting the requirement set. Companies, therefore, must encourage the workers to be more creativity and innovative. These can be done by them offering training and development to equip them with advanced skills. Technology which is the mother of globalization has to be handled with care to ensure more benefits to businesses than the losses.

Ethics in business activities should be observed to ensure fair competitions in the market. Resources are always scarce, and companies should utilize them well when getting into any business. International trade does not mean the company put up branches which are costly. The company can use intermediaries or brokers to alleviate the loss. Companies should make sure they are making profits in the home country to venture into new markets to avoid frustrations as the growth of any firm takes states. According to Azar, and Vaidya Nathan, S. eds., (2016), change is uncontrollable and therefore, organizations must be ready to embrace it and ensure it is an advantage. Globalization and technological changes have made business venturing into the foreign market, but this does not mean that all become successful. Decision made by the management team of any company must be robust to cater for changes in future and be able to accommodate them for survival in the market. Managers should monitor and take necessary measure to all activities that may stop business performance.  Even though global business environment has made business worse through creativity and innovation, a solution can be found. The most profitable business options must be valued by the organization management to enhance business success. Continuity of any business is very useful and must be considered in any action taken. Environmental factors that affect the business can be avoided by the firm being intra vires to avoid any problems (Hillary, 2004, pp. 561-569).

Bibliography

Azar, A.T. and Vaidya Nathan, S. eds., 2016. Advances in Chaos Theory and Intelligent Control (Vol. 337). Springer.

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Hillary, R., 2004. Environmental management systems and the smaller enterprise. Journal of cleaner production, 12(6), pp.561-569.

Meyer, K. and Peng, M., 2016. International business. Cengage Learning.

Morrison, J.L., 2016. Blue Ocean Program and Curriculum Design.

Werther Jr, W.B. and Chandler, D., 2010. Strategic corporate social responsibility: Stakeholders in a global environment. Sage Publications.