Management and Business Competitive Environment

Question: Discuss about the Management and Business Competitive Environment. Answer: Introduction: In the present competitive environment, every organization has to deal with several factors in order to achieve sustainable growth in the market. Specifically, as the businesses are looking to increase its market reach in the global market, it has to deal with several issues in an appropriate manner. Many studies have highlighted the fact that both internal and external issues can create major impact on the business development perspective of the organization (Joseph Kuby, 2015). In this essay, the prime focus will be provided on a specific retail organization in Australia namely Deals Direct in order to highlight the issues related to management and business context that organizations have to face in order to fulfil all its objectives in an appropriate manner. Deals Direct have tried to implement several strategies in order to capture entire Australian market in an effective manner. The essay will try to include different concepts and models related to the possible issues so that i t can able to provide possible guidelines to the organizations for fulfilling all the objectives in an appropriate way. Issues related to products and services: As per the article by Hbner, Kuhn and Sternbeck (2013) organizations prime focus is to develop products or services for fulfilling all the business objectives in an appropriate manner. Now, it is obvious that the challenges associated with a product organization are completely different from a service organization. Now, Deals Direct has focuses on both products and services to enhance the quality of the organizations in an efficient manner. Therefore, it has faced several issues related to both quality of products and services in order to achieve sustainable growth in the market. The issues related to service management begin with the way services have been provided to the customers (Saarijrvi, Karjaluoto Kuusela, 2013). In the present competitive business environment, service providers have to focus on continues evaluation for achieving sustainable growth in the market. Conversely, product organizations have to focus on the possible threats from substitute products from the competi tors. Otherwise, the businesses will not able to create desired impact on the market. As highlighted by Tobin (2014) every organization need to focus on several internal factors for reducing the amount issues for the management. Thus, Deals Direct also will have to provide prime focus on the issues related to leadership perspective, as it can have major adverse impact on the businesses. Many studies have highlighted different theories and models related to leadership such as trait theory, contingency theory and behavioural theory that organizations need to consider for fulfilling all the business objectives in an effective manner. However, there is no specific way for the organizations for the effective implementation of the leadership style. As a result, it often creates huge difficulties for Deals Direct to conduct the businesses in an appropriate manner. As per the article by Marshall (2013), leadership issues can create major impact on the motivational and satisfaction level of the employees. Therefore, it can create major issues for fulfilling all the responsibilities of the operational processes in an appropriate manner. Cultural issues: As highlighted by Bleich (2015) organizational culture can also have major impact on the business aspects of the organizations. Specifically, as Deals Direct is looking to emerge as the most popular name all across the world, it is looking to include talents from different countries. However, handling employees from different cultural background often creates several difficulties for the management that can eventually create adverse impact on the business perspective of the organization. Employees have to face numerous barriers such as communication barriers, linguistic barriers, cultural barriers and religious barriers while making an effective decision at the workplace. It has been assessed that Deals Direct often has faced challenges in developing effective cross-cultural communication process within the organizational structure (Mainela Ulkuniemi, 2013). Therefore, it often creates difficulties regarding the effective utilization of several departments in an appropriate way. It is necessary for the organizations to evaluate the demographic, psychographic and behavioural aspect of work culture, as it can create obstacles on the business development perspective. As per the article by Kollenscher, Popper and Ronen (2016) maintenance of morality in the business is another prime issue that organizations have to face for conducting all the responsibilities related to the operational process in an effective manner. However, in the present competitive business environment, majority of the organizations face difficulties to maintain all the rules and regulations in an appropriate manner. Issues related to international expansion: As per the article by Keevy and Perumal (2014), different organizations utilize different international trade related policies that organizations need to consider at the time of expanding the business across the countries. Otherwise, it can create major challenges for the organizations to achieve sustainable growth in different geographical areas of the world. For that reason, management of Deals Direct needs to focus on the effective development of strategies for fulfilling all the business objectives in an appropriate way. It has been assessed financial or any business related policies increases the complexity of the decision-making process that management will have to consider for achieving competitive advantage in the market. As a result, it increases the time required for developing any critical decision for the fulfilment of all the requirements of the operational process. For instance, any changes in the provided subsidies or tax rate create major difficulties for the organiza tions to conduct the businesses in an appropriate way. Therefore, it has created difficulties on the international business development perspective of Deals Direct. As highlighted by Shephard, Kinley and Josiam (2014), reduce quality of the provided customer services can also create major issue on the business perspectives of the organization. Therefore, Deals Direct always tries to develop several effective leadership strategies so that it can able to ensure that the provided quality of the services can create major impact on the businesses Stakeholder management issues: As highlighted by Vijayan et al. (2014) stakeholder management is another prime issue that can create major impact on the business perspective of the organizations. It has been assessed that effective utilization of both internal and external stakeholders help to fulfil all the business responsibilities of the organization in an appropriate way. In case of internal stakeholder management issues, Deals Direct will have to focus on the employee turnover, satisfaction and motivation perspective as it can have major impact on the business level. In this competitive business environment, keeping talents associated with the organizations is necessary for achieving sustainable growth. As a result, Deals Direct tries to develop strategies regarding the provided benefit level of the employees. In fact, majority of the prime organizations like Unilever, Coca Cola, and Microsoft consciously try to provide additional benefits to the employees so that they can remain associated with the organizat ion for a long period of time (Nguyen Mutum, 2012). Furthermore, relationship between the senior management and employees is another key factor that can create major challenges in the internal stakeholder management perspective. For that reason, Deals Direct has tried to conduct several sessions for the employees so that they can feel associated with the organizations. On the other hand, external stakeholders can also create several difficulties for fulfilling the business requirement in an effective manner (Sanchez Rodrigues, Harris Mason, 2015). For instance, Deals Direct needs to focus on influencing the investors to focus on spending more on the business development perspectives. Otherwise, it will become very difficult for Deals Direct to penetrate the global market in an effective way. On the other hand, maintenance of strong relationship with the suppliers has become necessary for the organizations to fulfil all the requirements of the operational process. It has been asses sed that strong relationship with the suppliers helps organizations to utilize superior quality of raw materials at the cheapest price. As a result, it helps organization to reduce cost related to operational process in an appropriate manner. For that reason, Deals Direct has tried to develop several strategies so that the relationship with the suppliers remains at the highest order. Supply chain management issues: Furthermore, supply chain management is another prime factor that can have major adverse impact on the sustainable business perspectives. Specifically, in the present globalize business environment, supply chain management process has become extremely complex (Bouzaabia, van Riel Semeijn, 2013). Otherwise, it will be very difficult for the organizations to conduct business in the global environment successfully. However, global supply chain management can create major issues regarding the satisfaction level of the customers. For that reason, Deals Direct always has focused on the development of separate logistic department so that all the requirements related to operational process can be completed within the given time period. Furthermore, Bruzzone and Longo (2014) have highlighted that technological enhancement can also have major issues on the overall effectiveness of the operational process for a certain period of time. However, technological advancement is expected to create po sitive impact on the business operation in the long run. Therefore, it is up to the management of Deals Direct to handle the initial challenges in the operational process in such way so that it can able to create benefit to the organization. Conclusion: From the above discussion, it can be assessed that organizations is bound face issues for effective fulfilment of all the responsibilities in an appropriate manner. Therefore, it is necessary for the leaders or management team of the organizations to focus on the effective development of strategies so that it can able to reduce all the business related issues. The study has highlighted different aspect or factors that can have major adverse impact on the business processes. For instance, the study has highlighted the fact that stakeholder management is key for reducing any amount of issues that organizations have to face for achieving sustainable growth in the market. 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