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Effects of Globalization: Tate & Lyle Case

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Effects of Globalization: Tate & Lyle Case
City of London College
BTEC Advanced Professional Diploma in Management Studies – Level 7

Unit 07: Management in the Wider Environment
By: MS. LENA S. MACASAET

TABLE OF CONTENTS

INTRODUCTION

PROFILE Tate & Lyle PLC 3

TASK 1 / Globalization 4-8 1 Definition 4 2 Various Dimensions of Globalization 4-5 3 Effects on National Economies 5-6 4 Influence of International Institutions 6-7 5 Effects of EU Membership on Tate & Lyle 7-8 6 Effects of EU Membership on Workplace 8 TASK 2 / Environmental and Health & Safety Awareness 9-11 5 Protection of Natural Environment 9 6 Tate & Lyle’s Environment-Friendly Standards 9-10 7 Health & Safety at Tate & Lyle 10-11 TASK 3 / Managing Diversity 12-14

9 Responsibilities of Organization 12

10 Regulatory Forces Affecting Tate & Lyle’s Operations 12-13

11 Diversity Management – Definition 13

12 Approaches to Diversity Management 13-14

13 Comparison of Diversity Management Policies of Tate & Lyle and British Sugar PLC 14

REFERENCES 15-17

INTRODUCTION

Profile: TATE & LYLE PLC

Tate & Lyle is the world-leading manufacturer of renewable food and industrial ingredients that are produced from renewable crops, predominantly corn and sugar cane. Its end-products include sugar, starches, sucralose (splenda), molasses, alcohol, citric acid, and high fructose corn syrup. Listed on the London Stock Exchange, total revenue of £3,553 million was registered in 2009. With offices and plants in more than 24 countries worldwide, it has an estimated workforce of 5,718 employees (2009). ¹

Formed in UK in 1921, it is a product of a merger between two family-run sugar refiners founded in the mid-19th century, Henry Tate & Sons and Abram Lyle & Sons. ²ª The products of the two companies were


References: ¹ Tate & Lyle, 2007. Our Business: Business Overview. [Online] Tate & Lyle PLC Corporate Website ²ª Reference for Business, Company History Index, 2010. History of Tate & Lyle. [Online] Tate & Lyle PLC – Company Profile, Information, Business Description, History, ²ᵇ Reference for Business, Company History Index, 2010. Creation of Tate & Lyle. [Online] Tate & Lyle PLC – Company Profile, Information, Business Description, History, [Accessed 26 April 2010] ²ͨ׳ᵉ׳¹⁶ Reference for Business, Company History Index, 2010 ²ᵈReference for Business, Company History Index, 2010. 1990s and Beyond: Global Operations, Global Challenges ⁴ªBBC News, 28 Sept. 2006. Sweet success for ‘oldest brand’. [Online] BBC News/Business [Accessed 05 May 2010] ¹⁵ Reference for Business, Company History Index, 2010 ¹⁸Muspratt, Caroline, Nov. 2005. EU decision reduces impact on Tate & Lyle. [Online] Telegraph.co.uk, Finance.
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