Pestle Analysis of Canon Company
INTRIDUCTON TO BUSINESS
Business
Activity – buying and selling of goods and services
Two types of factor are involve they are buyers and sellers
The profit is anticipated
Standard of living
The amount of goods or services purchased by an individual
Quantity of life: - General well being of a society in terms of freedom, clean environment, health care safety free time that leads to satisfaction.
Organization
Profit organization
Non – profit organization
Non – profit organization- organization whose goods do not include making profit for each owner. These organizations do not strive for making profit in case if these organizations profit again is invested welfare of the society.
Profit: - π = TR-TC (total revenue- total cost) TR= P*Q (price * quantity) TC= TVC+TFC (total variable cost +t total fixed cost)
Profit is the excess amount that is generated by doing some economic activities it is grater then the invested cost TR>TC=P
Profit organization -:
Business environment 1. Economic environment a. Freedom of ownership b. Contract laws ( laws help to do business easily) c. Elimination of corruption d. Tradable currency ( currency that can be used easily in a business) e. Minimum taxes and regulations
[The compulsory payment in terms of currency is tax] Tax can be administrative as well as development 2. Technology environment a. Information technology b. Data banks c. Bar codes
3. Competitive environment a. Customer service b. Stakeholder recognition c. Employee service d. Concern for the environment
Stakeholders are those people who have got the concern about the particular particular business though they are not directly involved it. 4. Social environment a. Diversity b. Demographic changes ( population changes) c. Family changes
Organization: - organization is a legal person that can be sued by other.
Entrepreneur: - a person who risk money and
Business
Activity – buying and selling of goods and services
Two types of factor are involve they are buyers and sellers
The profit is anticipated
Standard of living
The amount of goods or services purchased by an individual
Quantity of life: - General well being of a society in terms of freedom, clean environment, health care safety free time that leads to satisfaction.
Organization
Profit organization
Non – profit organization
Non – profit organization- organization whose goods do not include making profit for each owner. These organizations do not strive for making profit in case if these organizations profit again is invested welfare of the society.
Profit: - π = TR-TC (total revenue- total cost) TR= P*Q (price * quantity) TC= TVC+TFC (total variable cost +t total fixed cost)
Profit is the excess amount that is generated by doing some economic activities it is grater then the invested cost TR>TC=P
Profit organization -:
Business environment 1. Economic environment a. Freedom of ownership b. Contract laws ( laws help to do business easily) c. Elimination of corruption d. Tradable currency ( currency that can be used easily in a business) e. Minimum taxes and regulations
[The compulsory payment in terms of currency is tax] Tax can be administrative as well as development 2. Technology environment a. Information technology b. Data banks c. Bar codes
3. Competitive environment a. Customer service b. Stakeholder recognition c. Employee service d. Concern for the environment
Stakeholders are those people who have got the concern about the particular particular business though they are not directly involved it. 4. Social environment a. Diversity b. Demographic changes ( population changes) c. Family changes
Organization: - organization is a legal person that can be sued by other.
Entrepreneur: - a person who risk money and