Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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IULIAN FLORIA LON130821006 COURSE TITLE-HND UNIT NO & UNIT TITLE-Y/601/0546 BUSINESS ENVIRONMENT ASSIGNMENT NO 1 -28/10/2013 IULIAN FLORIA LON130821006 Introduction Task 1 AC1.1 The purposes of given organisations AC1.2 1 Organisation stakeholders AC1.3 1. Comparison between NHS and BRC 2. Strategies used by NHS and BRC AC2.1 1. The type of economic system in which the organisations operate 2. How scarce
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area
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Unit 38: Unit code: QCF Level 3: Credit value: Business and the Economic Environment T/502/5500 BTEC National 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to introduce learners to the interaction between the general economic environment and business activity and how the interactions generate national wellbeing. Learners will study how government activities regulate and influence business activities and how business activities influence government action and policy
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Customers Customers * Sometimes known as a client‚ buyer‚ or purchaser * The recipient of a good‚ service‚ product‚ or idea‚ obtained from a seller‚ vendor‚ or supplier for a monetary or other valuable consideration * one who absorb organizational outputs * represent potential uncertainty to an organization * Their taste can change and they can become dissatisfied with organization’s product or service Customers are generally categorized into two types: * An intermediate
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CONTENTS Page Introduction International Business 2 International Environment 2 Differences between international environment and domestic environment 5 Literature Review Main Factors 6 Examples Marks & Spencer 12 Mc Donalds 13 Conclusions 15 Bibliography 16 INTRODUCTION International business is a term used to collectively describe topics relating to the operations of firms with interests in several countries. Such
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anyone that is interested in a business‚ whether it is a small business or a big business. Stakeholders are individuals‚ group or organisations that are affected by the action of the business. They include the following: Owners that are interested in how much profit the business makes Managers and employees who are concerned about their wages or their salaries. Customers who want the business to produce quality products at reasonable prices. Suppliers who want the business to continue to buy their
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document‚ either onto your computer or a disk Then work through your Assessment‚ remembering to save your work regularly When you’ve finished‚ print out a copy to keep for reference Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your
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Source from:http://www.indianchild.com/images/indiaflagbig.gif (Accessed on: 20th January 2012) Major problems that always had been facing by the India’s Government are the unemployment‚ poverty and illiteracy. Almost 83% are Hindus‚ and also India has one of the largest Muslims populations amounting 120 million. The rest of the religions are the Christians‚ Buddha‚ Sikhs‚ Jain and Parsis. In the past‚ the Indian Pharma Industry grew at a very slow pace from 1947 to 1970; this is because the lack of labor
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My
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