Chapter 3 The Political and Legal Environments Facing Business Political and legal systems across countries both coverage and vary. The cultural‚ political and leal‚ and economic systems create the potential benefits costs‚ and challenges of the business environment in a country. Political systems can be assessed according to two dimensions: the degree to which they emphasize collectivism as opposes to individualism‚ and the degree to which they are democratic as opposed to totalitarian.
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9‚000 employees to keep their restaurant running across the island. (McDonald’s Company Profile‚ 2012) PEST ANALYSIS Pest analysis is a scan of external marco-environment in which a business operates and can be describe in terms of Political‚ Economic‚ Social and Technological. (QuickMBA Strategic Management‚ 1999-2010) Political Factors Operations of McDonalds in Singapore are controlled by certain policies and regulations by the government. Under the Singapore fiscal policy‚ 17% corporate
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indivivals who have interest to BA operations are BA’s stakeholders‚ or any individuals whose action can affect BA’s operation can be stakeholders of British Airways. Stake holder can be either internal or external. Internal stakeholders: are those who are involved with business internally for example owners‚ shareholders‚ managers and employees. External Stakeholders: are those who are involved in business externally for example customers‚ suppliers‚ local community and government. Owner: Since BA
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CONTENTS Topic: Page: 1. EXECUTIVE SUMMARY 2 2. INTRODUCTION 3 3. THE BACKGROUND OF IT IN BUSINESS 4 4. THE CONVERGENCE OF IT AND BUSINESS IN THE DIGITAL ECONOMY 6 5. INFORMATION TECHNOLOGY ’S SIGNIFICANCE IN STRATEGIC BUSINESS PLANNING 11 5.1 THE STRATEGIC ALIGNMENT OF ICT AND BUSINESS STRATEGY 11 6. CONCLUSION 13 7. REFERENCES 14 Information technology significance in the business environment 1. Executive Summary A central tenet of network based technologies is their ability to eliminate
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BUSINESS LAW Course Code: MGBLW 10201 Credit Units: 03 No. of hours : 33 Course Objective: The objective of the course is to acquaint the management students with the basic fundamentals of business related laws and to understand its linkages with other fields of management which have significant bearing on business organization Course Contents: Module I: Companies Act‚ 1956 Meaning‚ definition and characteristics
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Section 2: BUSINESS SKILLS Topic 6: The Internal Business Environment Objectives: By the end of this unit students should be able to:- Describe the structure of internal business environment Identify the importance of OHS in internal business Discuss the office roles and functions Recognize the importance of good customer service. The Internal Business Environment The internal business environment are best viewed as the extent to which resources‚ and the ability to deploy them
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Business Environment Different businesses + their ownerships Jodie Whitehouse 451697 Introduction- The purpose of this report is to look at economic development matters and what encourages new businesses to locate to a new business park. I will be investigating two contrasting businesses that will create new jobs in the local economy. For the voluntary sector I have chosen Oxfam and for the private sector I have chosen Topshop. Task 1- I have chosen Topshop and Oxfam as my two contrasting
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Reflective Account on Unit 204 – Communicate in a business environment Communication is all about spreading understanding so that people can connect and work or live better together. The way we communicate with others can greatly alter the relationships we have and techniques can be used to either deliberately create harmonious working or to put a spanner in the works. By fostering a common understanding and awareness the message you try to portray becomes ever clearer and you are more likely to
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2008MBA035 ECONOMIC ENVIROMENT OF BUSINESS 1 TERM PAPER QUESTION Notwithstanding the public policy response to the economic recession‚ business performance will continue to deteriorate. Global Overview Recession can be defined as the reduction of a country’s gross domestic product (GDP) for at least two quarters. According to Wikipedia‚ it is a period of reduced economic activity‚ hence‚ a business cycle contraction. Recession has many attributes that can occur simultaneously
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Introduction Business environment refers to those communications between the dense and individuals‚ interest groups‚ administration entities and the public that are intermediated by community institutions rather than exclusively by markets and confidential agreements. These interactions are not merely local or national; they also include global forces and entities. In this report we have tried to focus on the business environment of Bangladesh by stating some major problems of current days. We
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