BUSINESS ENVIRONMENT ASSIGNMENT-1 1. Discuss the concept of Corporate Social Responsibility with the help example of corporate Entity you know? Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. Let me explain the Corporate Social Responsibilities
Premium Corporate social responsibility Social responsibility Natural environment
P5 & M2 In this assignment I am going to describe the influence of two contrasting economic environments on business activities within Boots. I will then compare the challenges to Boots business activities in two different economic environments. Economy is the wealth and resources of a country that is used to produce and consume goods. What makes an economy strong? The output makes an economy strong output is the ability for an economy to produce goods and services to sell. These then create
Premium Unemployment Inflation Economics
Discuss the function of goals within an organisation and examine the different types of goals which an organisation might pursue. A goal is a future expectation that the organization is striving to accomplish. The meaning of the goal can be interpreted differently by different people. It can be used in a broad sense to refer to the overall purpose of an organization. A goal may be used to refer more specific desired accomplishment. Goal-setting ideally involves establishing specific‚ measurable
Premium Meaning of life Organization Motivation
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
Premium Economics Singapore Economic growth
associations with status‚ feudalism‚ and power often leads to relentless rigidity. The structure and the array of job positions that took the foci away from working with the process efficiencies‚ individual role effectiveness‚ and throughput orientation within the system. Members of the organization a conclusion was drawn that mechanistic organization structure to some extent does not improve performance but both mechanistic and organic organization structure works in supplementary. They work together
Premium Management Organizational structure Organizational studies and human resource management
would own about 1% of the market each. Towards the middle of the spectrum you have the oligopoly structure where the market is of about 4-10 companies who each control a big chunk each. Perfect competition describes how a set of companies aren’t big enough to control a big chunk of the economic market. There are 4 market characteristics of a perfect competition include a large number of small firms‚ identical products made sold by all firms‚ easy to enter and exit the industry market and perfect knowledge
Premium Monopoly Competition Economics
Nishant kumar (2k81m50) Pallavi sinha (2k81m51) Richa lankeshwar (2k81m52) Saurabh thakural (2k81m53) Shakir ali (2k81m54) Simeerpreet singh (2k81m55) Mohd afroz (2k81m5) ACKNOWLEDGEMENT We forward a great thanks to our faculty of economics Ms PREETI MISHRA for assigning us this project to us. It has helped us greatly in broadening our mind & knowledge in the subject. We also thank our library staff for providing with the required data. We look forward for the same support in the future
Free Tax Public finance
Business A business (also known as enterprise or firm) is an organization engaged in the trade of goods‚ services‚ or both to consumers. Businesses are predominant in capitalist economies‚ where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company‚ although that term also has a more precise meaning. The etymology of
Premium Business Economics
The Internal Organisation of Business Marks and Spencers Marks and Spencers is the first business I am going to write about in terms or organisational structure and strategic plans. Marks and Spencer is one of the best known high street retailers in the UK. It has over 450 stores and employs over 65‚000 people. It also operates overseas. An organisational structure is the way the business is run‚ the way the workers are arranged in the business. They are in a hierarchy that is structured in layers
Premium Management Strategic management Business
Definition The economic environment consists of external factors in a business’ market and the broader economy that can influence a business. You can divide the economic environment into the microeconomic environment‚ which affects business decision-making such as individual actions of firms and consumers‚ and the macroeconomic environment‚ which affects an entire economy and all of its participants. Many economic factors act as external constraints on your business‚ which means that you have little
Premium Macroeconomics Economics Unemployment