External Influences include factors over which a business cannot control. Such factors force business management and owners to adjust production operations accordingly. External influences include financial‚ economic‚ social‚ legal‚ political and technological development. Businesses are inclined to adjust to these environmental influences in order to keep a strong hold on sales and profits while tending to the needs of an evolving society. The economy experiences cycles of ‘booms’ and ‘busts’
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- Telstra/FOXTEL Telstra The following report for Telstra Corporation Limited will suggest how the business can be helped through and be informed about the external influences that may effect the business at the present time or the future in relation to the continuance in the television market . The most relevant external influences would consist of the competitive situation‚ technological and markets. Tips will be provided to help the business help succeed in the current market and economy
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Evaluate the role of International trade and economic integration in promoting development. Traditionally‚ development has been measured in terms of income levels (GDP per capita) as this can show the value of a country’s goods and services produced in a year shared between its population. The GDP per capita can then be compared between multiple countries to form comparisons. However‚ the fundamental flaw of GDP is that it does not show what resources were used‚ how they were used‚ pollution or the
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2.2 Describe the factors to consider when promoting effective communication 3.1 Explain how people from different backgrounds may use and/or interpret communication methods in different ways. When promoting effective communication you need to consider numerous factors for example for verbal communication: Consider the tone and pitch of your voice; does it suit the situation or topic? A louder more direct voice maybe required if trying to get the attention of a group of children to come back
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forces that alter economic conditions and social and political structure influence a community’s receptivity to external ideas and change. This receptivity in turn may welcome external agents that can direct the transformation of that community. This essay compares how outside forces such as the Great Depression created environments that were conducive to change and how that change came about. It will also compare external agents like the Student Nonviolent Coordinating Committee (SNCC) and the
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Evaluate the role and influence of china in international trade. International trade is exchange of capital‚ goods‚ and services across international borders or territories. It refers to one country exporting goods and services to another country. The balance of trade represents the value of exports produced by a country less the value of imports purchased by a country. In China’s case‚ the balance of trade was a surplus of circa 25 billion dollars in December 2010.This shows that China’s exports
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P4 Evaluate the influences of ethical and sustainable globalisation on organisational functions. • That is‚ (Ident if y the different functions of the organisation‚ and evaluate how each of these is impacted Introduction Kelchner ( n.d.) stated that Ethics is a profound component within an organization. This is a set of rules harnessed to govern an organization and certain approaches. Before making certain decision’s‚ a company has to consider the ethics surrounding the decision. It was
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Executive summaryThis report analyzes the primary internal and external influence on the General Motors Corporation and the influence of changing political environment on policy making and response of the corporation. Then the report discusses the changing political environment in and its influence. The influences of political environment on policies and decision making to the corporation are analyzed. The corporation response to the political environment changing is critically evaluated. At last
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Unit 1 Session 2 Communication & Confidentiality Promoting Communication (SHC 31) Communication The New Oxford English Dictionary defines communication as “the imparting‚ conveying or exchange of ideas‚ knowledge‚ information etc – whether by speech‚ writing or signs.” (The New Oxford English Dictionary‚ 1998). Communication involves not only the sending and receiving of messages but is also a means of establishing contact‚ influencing others and a way to build relationships. Effective
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Promoting Communication 1. Understand why effective communication is important in the work setting In the early years sector we are working with children and adults and the relationships we have with these people are very important. The skills of good relationships and good communication go hand in hand and to be a good practitioner you need to be an effective communicator. People communicate for six different reasons at work and they are: 1. Building relationships 2. Maintaining Relationships
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