HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assessment Details and Submission Guidelines Trimester T1 2020 Unit Code HC3031 Unit Title Trends in the Global Business Environment Assessment Type...

INTERNATIONAL BUSINESS
HC3031
TRENDS IN GLOBAL BUSINESS ENVIRONMENT
Table of Contents
Answer 1 Week 8: Tutorial 7    3
Answer 2 Week 9 Tutorial 8    3
Answer 3 Week 10 Tutorial 9    4
Answer 4 Week 11 Tutorial 10    5
Answer 5 Week 12 Tutorial 11    5
References    7
Answer 1 Week 8: Tutorial 7
Organisation structure has an important implication over the formation of the organisational strategy and accomplishment of organisational goal (Mallen et al. 2016). Generally there are four types of organisational structures such as functional, divisional, matrix and flat structure. Based on the type and the work culture of the organisation the structure is adopted. Safrodin, Abdullah and Luddin (2018) have discussed that there are various factors that contributes to the success or failure of the organisation. The factors that contribute to the success of the organisation are performing the surveys of the customers from time to time. This will help the company in understanding the position of the organisation and the manner, in which they are rating.
There are many stakeholders of the organisation, which are both internal and external. The stakeholders are employees, managers, lenders, vendors, investors and the contractors. While asking and taking note of the perception of the stakeholders will help in analysing the factors that are working in favour of the organisation and the factors, which need to be improved.
There are many things, which need to be prioritised. Based on that, evaluation of the success and failure can be defined. Based on the prioritising and customising the work the organisational function will go on based on the desired objective and strategy.
In an organisation there is success and failure based on the situation. Andersen (2018) has discussed that the failure of the organisation often takes place because they are unaware of the fact that what they are doing and what their real strategy is. There are many occasion in the organisation where the importance or tremendous influence takes place regarding the organisational activities and structure. This can be a negative aspect because most of the time it does not align with the real purpose of the organisational function. Sometimes the decision making process is also not taken with respect to the organisational need, which could cause to the failure of the organisational function.
Answer 2 Week 9 Tutorial 8
Various companies all around the world are practicing the outsourcing when it comes to the supply of their products to different nations. As discussed by Jordan (2017), with respect to the international business, one of the most important issues that the companies faces is whether to go for collaboration with the third parties to meet their manufacturing needs or not. With respect to the Australian company practising the outsourcing to China for their manufacturing products, they need to understand few aspects as that may pose pros and cons for the company.
As further elaborated by Sreedevi and Tanwar (2018), the pros, which the Australian company will have is using the third party companies such as Foxconn in China, the availability of the cheap and efficient labour is ensured, which will help the company in costing part. With the cost of production getting reduced at a good amount, the profit margin of the company will also increase considerably. With the outsourcing the companies can able to close their plant in Australia, which may ease an extra burden over...