Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Tesco In all the business in the country like Britain‚ they have to have this in mind that there are changes that are taking place in the business environment and to the people who maybe the shareholders. These changes can be the political‚ legal‚ and the social factors with the business environment and the country. Political factors of Tesco as a retail
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The political environments which include political stability ‚ government support for different types of organisation‚ fiscal‚ direct support‚ providing infrastructure‚ enhancing skills of the working population‚ organisations to support businesses and membership of international trading communities. Political factors can affect a business in the following ways: Political stability affects a business because taxation‚ legal framework‚ policies and laws are all under threat of drastic changes
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report describes the influence of political‚ legal and social factors on the activities of Coca-Cola Enterprises Ltd and Croydon Health Services NHS. The report also identifies how the aforementioned factors may affect its stakeholders. All businesses will be affected by factors in its environment. The following are the 3 main factors affecting businesses; 1. Social Factors Social factors refer to the changes in the lifestyle‚ behavior‚ attitudes and tastes of different societies. Social factors
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Political Impacts Political stability is usually defined as the state of peace that is normally experienced in a country from the activities from the government and also the government in this situation will make decisions and keeping best interests in mind for people. Government initiatives are when the government can support business through grants and tax reductions. The government have their own initiatives for companies like Asda and these are the health eating and fit for life. These are campaigns
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P6 & M3: Political‚ legal and social factors impacting the business There is a range of influences that can affect the business in the business environment. Usually these influences cannot be controlled by the business itself. In P5 and M2 tasks I have presented the different economic impacts‚ and now I will present the political‚ legal and social factors in my P6‚ M3 and D2 tasks. Political factors There are 3 types of government that affect the country and these are Local‚ National Government
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The impact of Political‚ Legal and Social factors on a business Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political factors: ‘’Political factors are how and to what degree a government intervenes in the economy.’’ (http://en.wikipedia.org/wiki/PEST_analysis) Political factors include: * Environmental regulation and protection * Taxation ( corporate: consumer) * International
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Political‚ legal and social factors impacting LLC and IAG The following report will consist of some of the social‚ political and legal factors that could potentially affect Leeds City College and International Airlines Group as a business. I will also go over which factors are having the most significant impact on the business and how the businesses are trying to adapt and change in order to try and negate the impact of these factors and how they may capitalize on some. International Airlines Group
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London School of Business & Management BTEC Levels 4 & 5 HND Business Centre No 79829 Unit No & Unit Title Unit 1: Business Environment Course Title HND Business (BTEC Level 4 and Level 5) Lecturer’s Name Dr Knowledge Mpofu Assignment Title & Type Date Set Business Environment – Individual Assignment 24th September 2014 Due Date 9th January 2015 Academic Year / Semester September 2014 Semester Unit Outcomes Covered: LO1. Understand the organisational
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A business can not exist in isolation‚ it has to deal with changes taking place inside and outside and in order to operate it must interact with its surroundings‚ which is the environment. The environment impacts a business to large extent such that it contributes to either the success or the downfall of a business. Therefore this paper is aimed at defining what business environment is and understanding why it is important‚ for a business individual to understand this environment. Apart from that
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which market forces shape organisational 2 How to Maximize Profit Using Total Revenue and Total Cost 2 Market structures 3 Market forces 5 Task3.3 the business and cultural environments shape the behaviour of a selected organisation 6 Task 4.1. the significance of international trade to UK business organisations 7 Task 4.2.the impact of global factors on UK business organisations 9 Task 4.3. the impact of policies of the European Union on UK business organisations 12 Labour impact 12 Economic
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