how the business and cultural environments shape the behavior of OLLO:-……6 (Task- 4.1) Discuss the significance of international tread to Uk business organization…………9 LO4.2 Analyze the impact of global factors on Uk business organization……............................................................................................................................10 Task4 (LO4.3) Evaluate the impact of polices of the European Union on Uk business organization………………………………………………………………………………………12
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INTRODUCTION TO BUSINESS ENVIRONMENT Chapter Outline : • Introduction • Meaning of Business • Business Objectives • What is Business Environment ? • Nature of Business Environment • Components of Business Environment • Determinant of Business Environment • Review Questions • References Introduction : Business environment is becoming highly complex‚ unstable and unpredictable in the globalised economy of today. The environment is the result of changing
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A proper flexible organization provides its work force arrangements where employees are given greater freedom to balance their work and personal commitments such as family‚ higher education‚ community activities‚ religious commitments‚ professional development‚ and general interests. Above is Atkinson’s model of a flexible firm. He argued that firms increasingly seek 4 kinds of flexibility functional‚ numerical‚ pay‚ distancing. Functional flexibility is a qualitative approach to work‚ and
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and Strategies……………………………………………………………………………..……6-8 4 Conclusion 9 5 Recommendations 10 Reference List 11 Appendices 12 Executive Summary The report considered here reflects the importance of various parts of the working of an organization in a systematic way. It determines the goals‚ objectives‚ policies‚ problems and strategies of the airtstar company. This company had previously met with a lot problems and business crisis due to lack of organizational skills and strategies. Earlier
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companies gain in return supportive work attitudes and high performance. Companies like Dell‚ Microsoft‚ Intel and Motorola are quoted for developing career paths and investing heavily in training and development to increase employees’ value to the organization and build a strong culture. One way of building a strong culture adopted by many companies (some deliberately‚ some accidentally) is to develop organizational ceremonies‚ rites and language. These help people to learn about and take on board
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MARKETING ENVIRONMENT Introduction Marketing does not occur in a vacuum. The marketing environment consists of external forces that directly and/or indirectly impact the organization. Changes in the environment create opportunities and threats for the organizations. Definition: ▪ A company’s marketing environment consists of the actors and forces outside marketing that affect the marketing management’s ability to develop and maintain successful relationship with its target markets
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| | | An Overview: Conflict is inevitable among humans. When two or more social entities (i.e.‚ individuals‚ groups‚ organizations‚ and nations) come in contact with one another in attaining their objectives‚ their relationships may become incompatible or inconsistent. Relationships among such entities may become inconsistent when two or more of them desire a similar resource
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External Factors Nutrition Having a healthy diet and getting the right nutrition is essential for the growth of children’s development years. This helps children become physically strong‚ healthy and also the brain can reach its full potential‚ eating healthy can reduce the risk of diseases and vitamin deficiencies. It is important children eat healthy fresh food and not processed foods as they have high levels of salt‚ fat and sugar and this can lead to obesity. Education Children need
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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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demographics‚ and social trends. One technique used by organizations to monitor the environment is known as environmental scanning. It allows marketers to understand the current state of the environment‚ so that the organization can predict trends. The Macro Environment There are a number of common approaches for how the external factors‚ which describe the macro environment‚ can be identified and examined. These factors indirectly affect the organization but cannot be controlled by it. One approach is
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