Task 4.1: Discuss the significance of international trade to UK business organizations International trade is the exchange of capital‚ goods and services across international borders or territories (Wikipedia.org). It is vital to the economy of a country since it may benefit a significant share of gross domestic product (GDP). Without international trade‚ the UK organizations would be limited to sell its goods and services only within their own border. Therefore‚ International trade is vital
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Business Environment Can your business survive? Marks and Spencer is a retailer department that offers high quality home products‚ fashionable clothes for women‚ men and kids as well as luxury food & wine in store and online; from 2‚000 suppliers globally. M&S also provide services such as TV installation for free when you buy TV from them‚ energy resources‚ insurance‚ gift wrapping and flowers deliveries. Marks and Spencer belong to the Private sector organisation and it’s registered as a public
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is typical and common development trend of the world economy‚ regardless of the economy’s scale and its level of development‚ as well as the political regimes and social in which it belongs to On the basis of presentation and systematic overview of different market structures and market forces as well as the global factors affect to economy and shape national business activities‚ I strive to indicate an insight about the behavior of organizations in their market environment and how the global factors
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BTEC Higher National Diploma HND Business Unit # 01 Learner’s Name Learner’s ID Edexcel Registration No: Unit Title Business Environment Assignment Reference HND U1‚ LO 1‚ 2 Activity Presentation Activity Title Understand to draw up the constitution of a company and about shareholders‚ directors‚ charges and insolvency Date of Hand in Date of Submission Assessor Malik Abdul Naveed Internal Verifier for the Unit Mir Wajid Ali
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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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stakeholders The stakeholders……………………………………………….………………………4 Who are the stakeholders……………………………….……………………………..5 Explain how the company will be managed so that it is seen to behave in a responsible way in relation to governance‚ finance‚ the environment and the wider society………………………………………………….………………………………5 Conclusion…………………………………..…………………………………………7 Reference………………………………………………………………………………8 IntrodutionThis report will talk about the vision and mission of the different type of the organization
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customers are important? Customers are the most important people for any organization. They are the resource upon which the success of the business depends. When thinking about the importance of customers it is useful to remember the following points: 1. Repeat business is the backbone of selling. It helps to provide revenue and certainty for the business. 2. Organizations are
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anything that relates to people in the business - for example‚ staff and managers. Physical resources are those that are physically used by the business - for example‚ land‚ raw materials‚ buildings or equipment. Technological resources are those that make use of technology - for example‚ computers‚ software or systems. Financial resources are any aspects of the business relating to money‚ such as money owed to or by the business. It is essential for any business to control‚ manage and make the best
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BTEC HND Business Assessment activity front sheet Assignment Title: Business Environment Unit: 1 Title: Business Environment Purpose: The aim of this unit is to provide learners with an understanding of different organisations‚ the influence of stakeholders and the relationship between businesses and the local‚ national and global environment. Learning Outcomes: LO1: understand the organisational purposes of businesses LO2: understand the nature of the national environment in which businesses operate
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Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
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