Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
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the commercial activities between East and West has become one of the major lifeline almost dominated the world economy. Its representation can be attributed to the Japanese and U.S. economic and trade. As is well known‚ the United States is the superpower of the world‚ not only in military but also in economic. Japan is a small country‚ while considering the contribution to the world economic Japan still is a big country. So trade exchanges and business negotiations between these two countries is a
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Ethical Theories in Business Environment Patriot Rustani Kaplan University Ethical Theories in Business Environment The Energy Corporation is a non-profit organization dedicated to providing to the community. Our organization is made of 400‚000 members as I am a part of the board of directors. One of the directors has asked to address himself as a director of the Energy Corporation to personal potential clients. I have been asked to review this matter. Before giving the rest
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American presidents have to balance domestic policy with foreign policy. Discuss the degree to which the following presidents were successful and unsuccessful in domestic and foreign policy: George Washington‚ John Adams‚ Thomas Jefferson. As president of the United States of America‚ you must be able to balance both domestic policy and foreign policy. Domestic policy consists of the problems and situations that directly affect the country. However‚ foreign policy consists of the problems that
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BUSINESS ENVIRONMENT. The business environment is the aggregate of all conditions‚ events‚ and influences that surround and affect a business firm. Business environment generally refers to the external factors affecting‚ either positively or negatively‚ the operation of a firm. The most important external factors include economic‚ legal‚ political‚ social and technological factors Business environment is classified as follows:- (a) Internal Environment: These are the environmental factors which
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maintaining a safe and secure business environment. Feedback: Christine this is a good start where you have demonstrated a sound understanding of ways to maintain a secure work environment. Can you take it one step further and provide a specific example of how security can be maintained also? Consider some of the ways that this is done at your current or previous workplace. (2.3) 3. Describe three different ways of maintaining a safe and secure business environment. Staying safe and secure
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Since long‚ the deep-rooted difference reigning between leadership and management has fuelled a raging debate. According to Bennis‚ “There is a profound difference between management and leadership‚ and both are important. To manage means to bring about‚ to accomplish‚ to have charge of or responsibility for‚ to conduct. Leadership is influencing‚ guiding in a direction‚ course‚ action‚ opinion. The distinction is crucial.” In fact‚ leadership and management are both vital and complementary.
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hindered the ability of the federal government‚ while allowing the states’ governments to nearly do as they pleased. The federal government was not permitted to collect taxes from the states‚ to raise a national military‚ to regulate interstate or foreign
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Cultural Differences in International Business If you have traveled a lot before‚ you know that there are huge differences in communication between people from one country to another. In some cultures‚ people are loud‚ direct or even blunt and tend to interrupt others during a conversation. In others‚ people are typically soft-spoken‚ use flowery or indirect language and wait patiently for others to finish their sentence. During a business meeting‚ these differences are likely to come to the
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with checks and balances and the Constitution supported the idea of the Executive‚ Legislature and Judicial branches. “The president could initiate policy‚ propose legislation‚ and veto acts of Congress; he could command the military and direct foreign policy; and he could appoint the entire judiciary‚ subject to Senate
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