OTHM Level 7 Diploma Unit Globalisation and Corporate Governance (L/616/2730) Assessment Brief 2026

1.2 Evaluate the role of trading blocs such as the EU on organisations with global presence.

1.3 Explain the roles and responsibilities of international organisations for harmonising business practice globally.

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Multinational corporations: transnational corporations; international institutions – World

Trade Organisation (WTO), World Bank,

International Monetary Fund (IMF),

Organisation for Economic Co-operation and Development (OECD), the Group of Twenty (G-20).

Global financial stability: capital investment; emerging economies (tiger economies, BRIC economies); European Union (EU); international trading blocs, corporate values; corporate social responsibility; fair trade; transfer pricing; outsourcing; developing world production; human rights; child labour; intellectual property (copyrights, trademarks, patents); corruption; pariah states; piracy; counterfeiting; hegemony; cultural imperialism; cultural factors.

2.2 Compare and contrast organisational approaches to ethically manage a globally diverse workforce.

2.3 Critically discuss the roles and responsibilities of global organisations to improve workforce welfare.

3.2 Critically analyse the regulatory requirements that shape corporate governance in global organisations.

3.3 Critically evaluate the impact of regulatory requirements on corporate stakeholders’ interests in a global organisation.

4.2 Examine key international consumer protection laws that may affect the operations of a global organisation.

4.3 Evaluate the measures that exist in a global organisation to protect consumers’ interests.

5.2 Determine the actions that need to be taken by organisations to ensure they are adhering to the key online trading legislations.

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Corporate governance: nature, purposes (direction, oversight, accountability); board responsibilities; transparency; disclosure; objectivity; integrity; ethical behaviour; organisational culture; stakeholders’ interests; principal/agent; governance controls (internal, external); best governance practice. Regulatory requirements: Cadbury report; Rutteman guidance; Greenbury report; Hampel report; Turnbull report; Higgs report; Smith report; Companies Acts (2004, 2006); the 8th Company Law Directive of the European Union (2006), Sarbanes Oxley Act (2002, US) – impact on domestic business;