19/08/2013 ECONOMIC ENVIRONMENT OF BUSINESS ASSIGNMENT WILL BIDDEFORD’S TRAM MAKE A RETURN? Question 1 The central focus of this case is how Biddiford Tram Company‚ under the management of Mary Jo and Marty‚ can increase revenue and become profitable given the business constraints it must operate under‚ namely; (a) Loss of $0.15 subsidy per passenger from the State of Maine (b) Not increase the price of tram fare above $2.00 for two years and subsequently not above the rate of inflation
Premium Microeconomics Tram Economics
Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations. Stakeholders are an important part of any business as they influence aims and objectives which bring in profit and keep as business surviving and successful. Customers McDonalds aim for their customers is to serve and produce the best food they can and provide a good service and clean restaurant. They also ensure that the food is convenient for all customers and
Premium Apple Inc. Steve Jobs
Business Environment Introduction All businesses operate in a always changing‚ growing and in some ways unique environment. In order for a business to operate successfully in its environment‚ business need to adapt after the environment. It can mean that business have to respond to changing market conditions which affect the demend for the their products‚ how the competitors behave or the change in government policy. The business environment can be
Premium Market economy Corporation Supply and demand
BODY 4 1. the mission‚ values and objectives of Vietcombank and assess the influence of stakeholder. 4 2. The extent to which selected organization achieves the objectives of three stakeholders 6 3. The responsibilities of the selected organization and strategies employed to meet objective of stakeholder. 10 4. How economic systems in Viet Nam attempt to allocate and make effective use of resources available within the country. 15 5. The impact of social welfare and industrial policy initiatives
Premium Macroeconomics Monetary policy Economics
of finance. There are two different types of sources of finance: internal (capital from inside the business) and external (capital from outside the business). New businesses starting up need money to spend in long-term assets such as premises and equipment. They also need cash to pay for materials‚ pay wages‚ and to pay the day-today- bills such as water and electricity. In-experienced entrepreneurs often underestimate the capital needed for the everyday running of the business; this is the reason
Premium Venture capital Startup company Corporate finance
Assignment On Business Environment Contents Introduction Business environment refers to the combination of external and internal factors influence the organization of the operating conditions. There are several factors of the customer and the business environment‚ such as suppliers‚ technology‚ law and government activity and the market‚ social and economic trends competitions and owner‚ is improved. Task 1: The Contextual Environment: 1. a Identify the
Premium Planned economy Mixed economy Market economy
paper explores the two contrasting views on abortion by giving arguments against and for abortion. These views are broken up into both pro-choice or pro-life activists and their beliefs on abortion. Pro-choice activist believe that a woman should ultimately make their own decision to their bodies. In contrast‚ pro-life activist believe that all life should be preserved. This paper examines the ceaseless debate from both parties and the different pressures in life that can influence a woman to have an
Premium Abortion Human rights Pregnancy
P5: Describe how budgets can be used to set targets to monitor and control an organisation To: Managing Director of Supper Fix From: Date: 28/11/13 This report is to discuss the ways in which targets can be set to monitor and control the organisation. Financial resources in a business can be obtained internally such as the profits from last year’s sales‚ or externally such as a bank loan‚ having management is these areas can ensure the objectives in an organisation are accomplished
Premium Management Budget Money
Module: Principles of Organising and Managing Student Number: 500188225 Due Date: 15th of March‚ 2010 Title: Explain how technology and environment might influence the structure of an organisation; support your answer with examples. Paragraphs: 25 Charles Perrow (1974) suggests that there are four types of technology that determines an organisation ’s most effective structure and success in the market. The following are the types of technology: Non-routine Technology are characterized
Premium Organization Management Technology
Explain what is meant by the term binding energy for a nucleus. .......................................................................................................................... .......................................................................................................................... .......................................................................................................................... ...............................................................
Premium Nuclear fission Neutron Nuclear power