D1 - Evaluation of the impact of my selected business’s ethical behaviour on stakeholders and he business. From: Remigiusz Chodorowski To: BP’s executive manager Purpose: Evaluation of the impact of BP’s ethical behaviour on stakeholders and he business. Date: 20/03/2013 Introduction: There were always contorversries related to BP’s operatons. People were divied into those‚ who treated BP as a company providing petrol of good quality and wiling to purchase petrol from Britsh giant‚ and to
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LEGAL‚ SOCIAL‚ AND ECONOMIC ENVIRONMENTS OF BUSINESS 1 Legal‚ Social‚ and Economic Environments of Business Andrew Desjardins American Intercontinental University LEGAL‚ SOCIAL‚ AND ECONOMIC ENVIRONMENTS OF BUSINESS 2 Abstract There are three types of businesses: Sole Proprietorship‚ Partnership‚ and Corporation. Bases on the scenario represented in this paper‚ a sole proprietorship is the smartest decision when starting this business
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Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu Family Business Partnership
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BUSINESS ETHICS WITHOUT STAKEHOLDERS Joseph Heath Abstract: One of the most influential ideas in the field of business ethics has been the suggestion that ethical conduct in a business context should be analyzed in terms of a set of fiduciary obligations toward various "stakeholder" groups. Moral problems‚ according to this view‚ involve reconciling such obligations in cases where stakeholder groups have conflicting interests. The question posed in this paper is whether the stakeholder
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Scenario 1: LO1 (P1.1): There are mainly four types of organisations. Private sector organisations‚ Public sector Organisations‚ voluntary organisations and cooperatives. Private Sector: In the private sector‚ businesses operate in order to maximize the profits. They raise finance by issuing shares‚ borrowing loans from banks etc. They are owned and controlled by private parties. For example Bank of Maldives‚ Amin Construction pvt ltd‚ Haza Construction pvt ltd. Their main aim is to maximize the
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Ethics Essay: Political Activity Violations R. Salvadore Miletello Senior Enlisted Academy Class 201 Brown Political Activity Violations Poor choices with regards to politics in the work place can lead to punitive counseling. Political ideologies and ideas are inappropriate in the work place. Senior leadership should understand that unethical political choices pose a negative impact to those around them. Utilizing the Navy Cores Values and Navy Ethos as a guide will curve the behaviors to
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Demonstrate an understanding of how the uncontrollable and controllable variables impact upon the organisations Uncontrollable variables are variables that cannot be controlled directly by a business. These impacts may be either negative or positive so it is essential for an organisation to quickly adapt when they occur. Some of the uncontrollable variables that face Apple and Nokia are: competition‚ the economy‚ and laws. Competition – Apple and Nokia cannot restrict other businesses competing
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1 Activity 1. Marketing provides consumers with choice. Identify two methods used by business to do this. Marketing provides consumers with choice. This is identified by two methods in businesses‚ Product features (e.g. car with power steering) and pricing strategies (discounts). 2. Describe the importance of market share to a business operating in a highly competitive environment. The importance of market share to a business operating in a highly competitive environment is to show how much
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Legal Factors A legal factor is when you can be prosecuted. Statutory law: If you break the statutory law it is a crime. * A law passed by parliament. A new government can bring in new laws – this means that if there is a new government they have the rights to allow a law to pass or can turn down it‚ but it has to be decided through the parliament. * This involves the police‚ if the rule is broken – this is saying that if you break the legislation the police have the right to enter
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Unit 1 - Assignment 3 Outcomes Task 1 & 2 Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation Task 3 Merit - Analyse the impact of changes in demand and supply on a selected business Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him.
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