SOCIAL FACTORS – BUSINESS ENVIRONMENT Introduction: The main factor that affects most business is the degree of competition – how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: Social – how consumers‚ households and communities behave and their beliefs. Legal – the way in which legislation in society affects the business. Economic – how the economy affects a business in terms of taxation‚ government spending
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different stakeholders exert in Reigate College) Reigate College Introduction: In this report I am going to investigate into Reigate College and evaluate into the business how different stakeholders in the organisation have an impact on the college all together. Evaluating which of the stakeholders has the most power and those who have the least power and impact on the college‚ also what roles they play towards the college and as individuals what impact they have on the different stakeholders within
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Kaio‚ student-teacher at Newport High School‚ Bellevue‚ Washington. Enclosed are both a lesson plan and an analysis of how globalization fits into his Contemporary World Affairs course and the Washington State Essential Academic Learning Requirements. Globalization101.org thanks Mr. Kaio for his contribution. Course Title: Contemporary World Affairs 12th Grade History/Social Studies Course Course Organization: This is a semester long course divided into seven themes: Nationalism‚ Globalization
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Limitations and constraints on marketing activities Task 1 Read each of the examples of marketing activities that might be carried out by business in the table below. For each example suggest a law that the business might be breaking and the reason why. |Example |Possible legislation being broken and why | |A picture on the packaging that shows better quality ingredients |Sales of goods
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Personalized Study Guide Results: Score: 17 / 18 Concepts Mastery Questions Stakeholder Influence 67% 123 Ethical Differences 100% 456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or groups supply a company with productive
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Unit 1:Business Environment. In this assignment I will explain different types of businesses and how these different businesses operate. P1 Range of business. A business can be defined by where it is located. It can either be… -Local -National -International -Global An example of a local business is newsagents‚ charity shop‚ local council and local garage. These businesses are in a local area and only have one location which is in the local area. An example of a national business is‚ national
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The purpose of this essay is to critically evaluate the influence of stakeholders on encouraging responsible business practices. This essay will look in to the different stakeholder theories and how these theories help on encouraging responsible business practices in an organization or company. Firstly as mentioned the different forms of stakeholder theories will be outlined to have a clear understanding of these different theories‚ this will also go in to explaining what is the role of managers
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Unit 1: The Business Environment P2: To describe the influence of stakeholders on the business. Stakeholders: A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two types of stakeholders: – Internal: These are groups within the business including owners and workers. – External: These are groups from outside of the business including the community.
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HSM 220-1 Checkpoint: Enviroment Factors Yesenia Echavarria The 4 external environmental factors are‚ economic factor‚ sociological factor‚ political/professional factor and technological factor. The economic factor is very important to any organization because is the one in charge to research for founding sources‚ clients or consumer or noncash revenue. The sociological factor has the task where manager have to attempt and understand community demographic‚ and is very important to understand
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1 Activity 1. Marketing provides consumers with choice. Identify two methods used by business to do this. Marketing provides consumers with choice. This is identified by two methods in businesses‚ Product features (e.g. car with power steering) and pricing strategies (discounts). 2. Describe the importance of market share to a business operating in a highly competitive environment. The importance of market share to a business operating in a highly competitive environment is to show how much
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