belongs to On the basis of presentation and systematic overview of different market structures and market forces as well as the global factors affect to economy and shape national business activities‚ I strive to indicate an insight about the behavior of organizations in their market environment and how the global factors serious impact on production and business activities. In this report‚ I decided to choose two organizations—including EVN (Vietnam Electricity) and VINAMILK (Vietnam Dairy Products Joint
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BUSINESS ENVIRONMENT SYLLABUS CHAPTER I Business environment- Dynamic factors of environment- Importance of scanning the environment-Fundamental issues-Economics environment of business - Sock) - cultural environment- Political/ Legal environment -Cultural environment. CHAPTER II Political economy - Government and business -.Public control‚ of business -Trends and structure of Indian economy - Socio - economic problems of India CHAPTER III Government controls and regulations -‚ Regulating
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ASSIGNMENT INSTRUCTIONS Module Title: Business Skills Module Code: MOD003325 Level: 4 Academic Year: 2012/13 Semester: TRI 2 Module Leader: Stephen Humphrey Instructions: Answer ALL of the following tasks. Word Limit: Word Limit varies by task component (3000 maximum) Written assignments must not exceed the specified maximum number of words. All assignments which do so will be penalised. The penalty will be the deduction of marks at the Markers discretion. Assignments
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Introduction Business Environment included the actors and forces outside the organization that influence management’s stability to develop and maintain successful transactions with its target customers and stakeholders. The objective is to establish the importance of analyzing the types of environmental forces. The environmental forces are political-legal forces‚ economic forces‚ socio-cultural forces and technological forces. In other words‚ these forces (PEST) strongly affect the way of business is conducted
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EXTERNAL ENVIRONMENTAL FACTORS There are 7 external environmental factors. They are political‚ economic‚ sociocultural‚ technology‚ customers‚ competitors and suppliers. Each of these factors have a great impact to an organization. They offer both opportunities and treats to organization. POLITICAL factors refer to the relationship between a business and a government. Every organization must spend a great time and money to meet with governmental regulation. ECONOMIC factors refer to the conditions
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products or using of first-class technology is no longer a kind of success for a company or corporation in current business environment. Companies have realized that they must also seek sustaining competitive advantage from the effective management of human resources. That means Human resource managements (HRM) has increasingly been recognized as a critical segment of international business operations (Hertog‚ 2010). Moreover‚ the more rapid pace of internationalization and globalization leads to a more
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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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part in influencing business activity today: • through taxation and spending • through laws‚ directives and regulations • through encouraging business activity through subsidies and support • by providing advice and support for business. Here are some examples of the way in which government influences business activity today: 1. Employment Policy Governments play a major part in trying to stimulate employment. For example‚ the present government is keen to encourage business efficiency so that
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Analysis…………………………………………………………………………………………………………………….5 2.1 Political Factors………………………………………………………………………………………………………………………………6-8 2.1.1 Taxation Policy 2.1.2 General Incentives 2.2 Economic Factors…………………………………………………………………………………………………………7-8 2.2.1 Unemployment rate 2.2.2 GDP (Gross Domestic Products) 2.3 Social Factors………………………………………………………………………………………………………………9-10 2.3.1 Age structure. 2.3.2 Lifestyle changes 2.4 Technological Factors……………………………………………………………………………………………………11 2.4.1 Bio-technology
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outbreaks have been consistently on the rise in Philippine soil‚ especially with the recent aftermath of Typhoon Ketsana (Ondoy in local name). Physical‚ emotional and social factors contribute to this prevalent problem of Filipinos. More underweight than overweight‚ Filipinos often have to consider societal gaps as a primary factor. The ill distribution of wealth in the country attributes to
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