Essay
UNIT 5 INTERNATIONAL BUSINESS D1
- Course
- Institution
UNIT 5 INTERNATIONAL BUSINESS P3. ACHIEVED A DISTINCTION GRADE. WRITTEN IN DETAIL.
[Show more]
Seller
Follow
ahuss03x
Content preview
D1: Evaluate the impact of globalisation on a business.Over the last 5-10 years, globalisation has had a significant impact on Vodafone, a
multinational telecommunications company. One of the main ways in which
globalisation has impacted Vodafone is through the expansion of its international
operations. Vodafone has been able to tap into new markets around the world and
increase its customer base through its global reach.
According to Vodafone's annual reports, the company has seen strong growth in
emerging markets such as India and Turkey, which have contributed to overall
revenue growth. Globalisation has also facilitated Vodafone's ability to access new
technologies and innovations, which has helped the company stay competitive in an
increasingly connected world.
However, globalisation has also presented challenges for Vodafone. The company
has had to adapt to different regulatory environments and cultural differences in
each market in which it operates. It has also faced increased competition from other
multinational telecommunications companies that have also expanded their
operations globally.
In terms of decision-making, Vodafone takes a number of factors into consideration
when operating internationally. These factors can include the size of the market, the
cost of labour and capital, and access to raw materials. The company also considers
the regulatory environment in each market and the potential risks and opportunities
associated with operating in that market.
When it comes to financing its international operations, Vodafone has a number of
options available. The company has a strong balance sheet and generates significant
cash flow, which allows it to fund its operations using its own resources. It can also
access financing through bank loans and the issuance of debt or equity. In addition,
Vodafone has access to government export credits in some markets, which can help
the company finance its operations in those markets.
Overall, globalisation has had a positive impact on Vodafone's international
operations over the last 5-10 years. While there have been challenges, the company
has been able to successfully expand into new markets and increase its customer
base, thanks in part to the increased interconnectedness and interdependence
facilitated by globalisation.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ahuss03x. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.53. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50843 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now