-is used to identify the external forces affecting an organization.
* Political Factors
* The basic understanding is when the government implement's laws and or regulations which affect the way a business operate.
* Is used to identify the external forces affecting an organization. It can create advantages and opportunities for organizations. Conversely they can place obligations and duties on organizations.
* Ex. Voluntary codes and practices –
REPUBLIC ACT NO. 9418 April 10, 2007
AN ACT INSTITUTIONALIZING A STRATEGY FOR RURAL DEVELOPMENT, STRENGTHENING VOLUNTEERISM AND FOR OTHER PURPOSES
* Minimum wage - http://wwHYPERLINK "http://www.nwpc.dole.gov.ph/pages/ncr/cmwr_table.html"wHYPERLINK "http://www.nwpc.dole.gov.ph/pages/ncr/cmwr_table.html".nwpc.dolHYPERLINK "http://www.nwpc.dole.gov.ph/pages/ncr/cmwr_table.html"eHYPERLINK "http://www.nwpc.dole.gov.ph/pages/ncr/cmwr_table.html".gov.ph/pages/ncr/cmwr_table.html
RULES OF PROCEDURE ON MINIMUM WAGE FIXING
Pursuant to Article 121(c) of the Labor Code as amended by Section 3 of R.A. 6727, the National Wages and Productivity Commission hereby adopts and promulgates the following rules of procedure governing the proceedings in the Commission and the Regional Tripartite Wages and Productivity Boards in the fixing of minimum wage rates by region, province, or industry.
* Tax policies – The purpose of taxation is to finance government expenditure. One of the most important uses of taxes is to finance public goods and services, such as street lighting and street cleaning
http://www.investorwords.com/4879/tax.html#ixzz2YKoiHhsT
http://www.bir.gov.ph/taxcode/taxcode.htm
* Employment laws - Labor Code ofthe Philippines
PRESIDENTIAL DECREE NO. 442, AS AMENDED
A DECREE INSTITUTING A