Hello Please I need Solution all questions References Harvard referencing must b

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THE TASK: Business organisations around the world are struggling with a new role, which is to meet the needs of the present generation without compromising the ability of the generations to meet their own needs. Organisations are required to take responsibility for the ways their operations impact societies and the natural environment. They are also being asked to apply sustainability principles to the ways in which they conduct their business. In this context the main challenge is to deal with Globalization's environmental, social and economic company specific best practices. In light of this discussion which is related to Globalisation and sustainable development your task in this patch work is to explain some of the core aspects of globalisation and sustainable development. Your final task must reflect an analysis of the following questions. next implications, for business managers and to identify and evaluate 1. Explain the impact of globalisation in terms of Resources such as food, water, energy, land and minerals 2. Explain the concept of sustainable development and discuss the idea that overconsumption around the world is a serious threat to sustainability 3. Discuss the Role for markets, governments, NGOs and consumers in relation to sustainable development. 4. Explain the challenges facing sustainable development. 5. In conclusion summarise your ideas and suggest your recommendations for the sustainable development. References: Harvard referencing must be used. To complete your portfolio and pass this module, you must undertake the following: .Complete Parts 1-4 (above) . Write a reflective commentary for Part 5 considering how Parts 1-4 contribute to your understanding of the task. Note: Patches 1- 4 are what we term fomative' assessment, which means that even though the completion of this work is a formal requirement of this module, this work does not contribute to your final grade at the end of the year. Your final grade is determined by the completion of Patch 5. This assessment is what we refer to as "summative" If you do not complete all aspects of this assessment, formative and summative, you will automatically be deemed not to have completed the work for the year, and therefore will fail. Version 1 Page 3

Explanation / Answer

Globalisation is being affected by many factors and its been gradually changing as well as developing. Discuss Pacific development is taking shape with the help of some of the external forces in the globalisation which can be described as follows.

Technological advancement

Increased customer demand

Intense competition

• Technological advancement

World is moving towards a digital age and most of the organisations are turning digital. This specific advancement process of being digital is leaving a huge impact on the overall organisational structures across the globe. By having an organisational structure which is directly Technology oriented, overall efficiency as well as productivity of the specific organisations is also increased. If a company is not technologically advanced it will definitely go out of the race as it couldn't be able to match the pace of the specific industry. Technological advancement plays an important role in increasing the overall communication as well as efficiency of different departments inside an organisation. From supply chain management managing the internal human resources of the organisation requires technological advancement and its benefits as it's really hard to keep track of increasing population as well as employee inside an organisation. With the help of the electronically managed system one can easily increase the overall level of compatibility towards the specific organisation. With the help of the technological advancement a company can easily compete with the help of different resources like Internet and other technological terms. By implementing automation as well as different robotic techniques which are literally technically very advanced can benefit a company or an organisation by a huge margin as it provides an edge over the human resources. We can see that technological advancement plays an important role in shaping the shape of globalisation of industries.

Steiner electric is one of the finest examples of taking benefit of the technological advancement, by implementing New Year digital strategies into the structure Schneider Electric has gained a very large share of market.

• Increased customer demand

Increase in customer demand also provides inability to supply more for the organisations. Specific increasing customer demand increases the overall production of the manufacturing plants which directly increases the sales of the organisations and provides a support as well as better revenue generating system for organisations. By having a support system for the customer demand, level of compatibility of the specific industry is widely increased toward the customer. What a customer needs and what region is requesting directly shapes the overall industry of that specific region and provides a very Basic support as well as advancement in the same industry. This specific increase in customer needs also increases the level of implementation of different innovative strategies and provide a better value for customer as the competition goes up.

For an example prices of soaps and cosmetics have been very much degraded since last few decades its thundering effect of increased in customer demand help the overall level of competitors and in the market and the price is lower with the help of new innovations as well as different strategic improvements.

• Intense competition

Globalisation is facing competition. It is the one of the main factors which influence the overall process of globalisation. Increased competition at a huge scale and directly involvement of the different companies into the competition increases the level of innovation in the organisations. This specific increase in innovation directly affects the user and the customer as it provides better services and products to the customer at the same price point because of the competition. Increasing competition also provides space for innovation which is required for each and every industry across the globe.

A fine example for competition would be automobile companies Industries across the globe who directly compete with each other for creating better products for the automobile industry.

Turnkey operation

Turnkey business can be defined that is ready to use in specific and conditions can be immediately operated. The specific turn turn key is used because it doesn't need any kind of specific arrangements to run that specific business and you can easily run the business just by turning the doors key and a business begins to operate. For keeping in the turnkey segment a business should be able to fully operate on the day of initiation.

Franchisees are one of the finest examples of the turnkey business where everything is set up and you just have to enter the specific franchise and start doing business.

Management contract

How management contract can be described as an arrangement between the operation and control of the enterprise which is directly contract in with different enterprises in a form of contract for a return of necessary managerial functions in return for a fee.

Hotel Management contracts are a good example of management contract. There is an contract between the owner of the hotel at and operating company which directly describe the working pattern as well as different conduct routine as well as maintenance and marketing promotion methods for the company or hotel.

Licensing

Licensing can be described as a process in a company gives permission to another company to manufacture their product for a specified payment. Licensing can be done across each and every product which is patented by a specific organisation.

Warner brothers, marvel entertainment Inc are some of the brands which directly take the licensing of their specific cartoon characters and data sell it to other companies like McDonalds for manufacturing toys as well as different products.

As a companies are going their businesses maintaining sustainability is one of the biggest concerns in today's market. Most of the company does business but only some of them know how to remain sustainable. Growing up business always require the correct intellectual capital as well as careful selected overall strategic partnership. Besides all this requires an extremely strong base to reduce the overall risk for your company.

For ensuring the overall sustainable growth of the company these factors should be kept in mind.

Hiring the top skills of the industry

Without the skilled employee an organisation is nothing and cannot grow in any industry. By hiring the highly skilled professionals from the specific fields of business can easily said its identity by keeping them involved into the market operations of the company as well as internal structure. Highly skilled professionals also have better leadership qualities hence the lead better and creates a better effect on less skilled people in the organisation.

Maintaining System efficiency

By maintaining system is efficiency you can easily cut down the overall cost of the operations which would directly be beneficial to your company's profit. It would also streamline the companies structure and provides a better support to the communication as well as the vast area of opportunities.

Working with the right lines

A business is all about working with the right clients to provide the right instructions as well as solutions to the clients. By analysing the clients ideology company can easily detect if it's going to be beneficial for them or not. Companies analysis Team should be very strong and should be able to define in the client we are working with is efficient enough do give us a growth and provide a sustainable growth as well.

Better decision making

By making correct decisions a company can grow readily in very less amount of time. Correct decisions always lead you to better profit hence this would also improve the company's sustainable growth. By making correct decisions a company can also be a Pioneer in its field and that positive image with also be helping in to the sustainable growth of the company. Proactive reactions of the employees also helps in making better decisions and provide better support to the organisation for the sustainable growth .

Great leadership is needed

Growth of any company a proper leadership is needed, without a great leadership a company would not be able to read in IT market and fail in decision making as well as the managerial processes. These waves would directly affect the company is overall profit as well as efficiency which would result in decrease of the growth. What a progressive sustainable growth a great leader is always required for an organisation which makes correct decision as well as reading the teams.

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