The external Environment of business refers to the external forces which consist of legal-political‚ economic and culture‚ that play a part in influencing the direction that the firms take. The legal element of the environment is the framework of rules laid down by the government which business must operate. The labor laws protect the rights of the NBA players by providing for contracts of employment ‚ compulsory insurance ‚ recognition of National Basketball Association and industrial
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Define Managerial Economics and explain its main characteristics. 190 days ago by Galaxy Edu Planet 0 Q. Define Managerial Economics and explain its main characteristics. Answer: Meaning: Managerial economics is a science that deals with the application of various economic theories‚ principles‚ concepts and techniques to business management in order to solve business and management problems. It deals with the practical application of economic theory and methodology to decision-making problems
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CONTENTS Topic: Page: 1. EXECUTIVE SUMMARY 2 2. INTRODUCTION 3 3. THE BACKGROUND OF IT IN BUSINESS 4 4. THE CONVERGENCE OF IT AND BUSINESS IN THE DIGITAL ECONOMY 6 5. INFORMATION TECHNOLOGY ’S SIGNIFICANCE IN STRATEGIC BUSINESS PLANNING 11 5.1 THE STRATEGIC ALIGNMENT OF ICT AND BUSINESS STRATEGY 11 6. CONCLUSION 13 7. REFERENCES 14 Information technology significance in the business environment 1. Executive Summary A central tenet of network based technologies is their ability to eliminate
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------------------------------------------------- Legal decisions Protection of Women from Domestic Violence Act 2005 recognises “relationship in the nature of marriage” and protects female partners from domestic violence. Such partners can claim monetary and other reliefs under the Act.[1] In S. Khushboo Vs. Kanniammal & Anr.‚[2] the Supreme Court of India‚ placing reliance upon its earlier decision in Lata Singh Vs. State of U.P. & Anr.‚[3] held that live-in-relationship is permissible only in unmarried
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Understanding the Business Environment Part A (100w) Company Name: Coca Cola Description: The Coca-Cola Company is the world ’s largest beverage company and is the leading producer and marketer of soft drinks. Today‚ Coca-Cola is consumed throughout the world at the rate of more than 600 million times per day and this figure is continuing to rise. However‚ Coca-Cola is not the sort of company to live on its past glories; instead it looks to the future as a challenge and constantly seeks new
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Contents Introduction 3 Objectives and Methodology 5 Choice of Methodology 5 Type of Research 5 Questionnaire 6 1. Conditions of Business in Afghanistan 7 1.1 Geography 7 1.2 People of Afghanistan 8 1.3 Political System 8 1.3.1 Current Political Situation 9 1.4 Current Economic Situation 10 1.4.1 Living Conditions 11 1.5 Business opportunities in Afghanistan 12 1.5.1 Investment Opportunities 13 1.6 Agriculture 13 1.6.1 Opportunities 13 1.6.2 Agriculture
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Unit Name: | BUSINESS ENVIRONMENT | Unit Number: | 1 | Assignment Submission Date: | 29 April 2012 | Assessor: | VIVIEN ULU | Mode of submission: | LIVECAMPUS | Learning Outcomes To achieve a pass learners must demonstrate the ability to deal with each of the following outcomes and present these in report form – scripts will be checked against each of these: 1. Understand the organisational purposes of businesses 2. Understand the nature of the national environment in which businesses
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Question 1: How important is geographical location to the action of the texts on this course? Choose two novels on the course and explore the relationship between environments and the formation of plot and character. Geographical location is a very important factor in the actions and outcomes of many texts‚ the development of friendships‚ education and the life outlook of each of the characters depend greatly on the geographical location that you have come accustomed to and it is from this that the
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Level 2 Certificate in Principles of Business and Administration Unit 1: Principles of personal responsibilities and working in a business environment Assessment Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). [AC 1.1] 2a) List three key points of
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Legal Environment of Business Chapter 2 Assignment Questions for Review and Discussion 5. Statutory laws are passed by either the state or federal legislature. Federal statues must be signed by the president of the United States While‚ state statues must be signed by the governor. Statutory law must be followed by everyone unless considered un-constitutional by the Supreme Court. 7. Common laws are similar to morals. When there are no laws or statues that relate specifically to a case‚ the
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