Going Global: Importance and Impact of Global Trade and Globalisation

Economic Growth through Global Trade and Globalisation

Global challenges is one of the most important issue that modern organisations are facing or will face in order to expand their business.� Free movement, growth of brands, changes in technology, population changes and labour costs are just a few of the challenges that modern organisations face in order to maintain market share.���

Appraise the importance and impact of global trade and globalisation.

Demonstrate an in-depth awareness of contrasting international markets in the context of international business decision making.

Analyse and critically evaluate the pattern of internationalisation undertaken by international businesses.

Critically apply appropriate knowledge, theories and tools to help formulate a range of alternative solutions to practical problems in planning for different international markets.

You are required to write a 3000 word report on the opportunities that a global operation could provide an organisation with.� Your choice of organisation should currently only operate in the UK or in Europe.� The audience is your chosen organisations Operations Director who is keen to scope out expansion opportunities and understand the implications of such action.� You are to agree your chosen organisation with your tutor during Tutorial.� You must not use the same organisations from the previous assignment.

Extenuating circumstances are defined by CU as �genuine circumstances beyond your control or ability to foresee, and which seriously impair your assessed work�.

Please note that you will need to provide third party evidence to support your reasoning for requiring an extension or deferral.

Your course tutor is NOT able to approve an extension or a deferral, if you have not completed the official forms and had your request approved your work will count as not submitted and receive a zero mark.

You are encouraged to check the originality of your work by using the draft Turnitin links on your Moodle Web.

Collusion between students (where sections of your work are similar to the work submitted by other students in this or previous module cohorts) is taken extremely seriously and will be reported to the academic conduct panel. This applies to all coursework and exam answers.

A marked difference between your writing style, knowledge and skill level demonstrated in class discussion, any test conditions and that demonstrated in a coursework assignment may result in you having to undertake a Viva Voce in order to prove the coursework assignment is entirely your own work.

If you make use of the services of a proof reader in your work you must keep your original version and make it available as a demonstration of your written efforts.

You must not submit work for assessment that you have already submitted (partially or in full), either for your current course or for another qualification of this university, unless this is specifically provided for in your assignment brief or specific course or module information.

Where earlier work by you is citable, ie. it has already been published/submitted, you must reference it clearly. Identical pieces of work submitted concurrently will also be considered to be self-plagiarism.

1. Economic growth: Global trade and globalization have contributed significantly to economic growth and development worldwide. By promoting the exchange of goods and services across borders, countries can access new markets, increase their production and efficiency, and improve their economies' overall performance.

2. Job creation: Global trade and globalization have created job opportunities worldwide, particularly in developing countries. As companies expand their operations globally, they create jobs in various sectors, including manufacturing, technology, and services. This has led to the reduction of poverty and improved living standards in many countries.

3. Consumer benefits: Global trade and globalization have made it easier for consumers to access a wide range of goods and services at lower prices. Increased competition from global suppliers has resulted in more affordable products, leading to higher living standards and greater consumer choice.

4. Cultural exchange: Global trade and globalization have facilitated cultural exchange, with people from different parts of the world interacting and learning from each other. This has resulted in the spread of new ideas, innovations, and lifestyles, which have enriched the world's cultural diversity.