D2 Evaluate how future economic‚ political‚ legal and social factors impact the strategy of an organisation Economic Factors Economic factors have always been a concern for businesses like Tesco’s this is because the economy is continuously changing. In 2008 we experienced a worldwide recession which affected every business after the stock market collapsed. Tesco’s were also affected by the recession which resulted in their profits decreasing however they did find a way to benefit from the
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Hibaq Mohamed Unit 4 M2: Analyse the legal and ethical operational issues in relation to the use of business and information using appropriate examples. In this assignment I will be analysing the legal and ethical operational issues in relation to the use of business information using examples‚ advantages and disadvantages. Data protection act 1998 There are many advantages to Enterprise rent a car and there customers on of them being that if they abide by the data protection act its easier
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Introduction This report evaluates how future changes in the legal‚ social‚ political and economic factors may affect the growth strategies of Coca-Cola Enterprises Ltd. The report also briefly explains how a forecast change in the aforementioned factors may influence the plans of Coca-Cola Enterprises Ltd. The following are the 4 main factors: 1.Economic Factors In the future‚ economic factors will have the greatest influence on Coca- Cola Enterprises Ltd. The Office of Budget Responsibility
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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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I am going to describe how political‚ legal and social factors are impacting upon activities in Barclays PLC‚ Diabetes UK and their stakeholders. POLITICAL‚ LEGAL AND SOCIAL FACTORS PLS analysis is very useful for studying the environment in which a company operates and accessing external factors influencing the company in the markets it operates. PLS is the acronym for the following categories of investigation: political‚ legal and sociological factors.
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survey Skill Review Survey Your answers 2.4Future strategy for the organization The most excellent strategy for an organization is to embrace what is the most fitting to its present strong point and its location. Into which a future strategy corresponds with the circumstances as acknowledged by a strategic analysis and how the organization is fit into maintaining‚ or improving its economical advantage. A constant progression of outside changes obtains position throughout a cycle of a product
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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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Factors that impact on and influence the organisation The business environment is often an uncertain one‚ where managers are faced with many factors that impact on and influence the organisation. The micro-environment includes suppliers‚ customers and stakeholders‚ all of which influence the organisation directly. The macro-environment‚ however‚ includes factors that influence the organisation but are out of its direct control. The micro-environment is often determined by the industry the
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of Phoenix Material Jenifer Hoang April 27‚ 2015 Economic‚ Social‚ and Political Change Worksheet Agricultural Revolution Respond to each of the following questions in two to three sentences: 1 What are the three most important factors contributing to the agricultural revolution in Europe? The three most important factors are advanced farming equipment‚ three field system‚ and warmer temperature. 2 How did the agricultural revolution change European society? Provide an example. The agricultural
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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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