P6 For this assignment‚ I will be describing how political‚ legal and social factors are impacting upon the business activities of Wal-Mart and Tfl. For businesses‚ this is important because they need to know how these change such as political decisions made by the government or changes to the law or changes that take place in society over time is going to affect their business. Political Factors Political factors is an external environment in which a business functions. This is a type of external
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increased population; therefore McDonalds need to focus on making sure they make menus which appeals to not just younger people but adults too‚ as there will be many more adults than younger people in china. McDonalds will also need to create an environment in which families will feel comfortable in when they have purchased food‚ with products aimed at both genders of males and females‚ for the father or mother‚ son or daughter that may want to eat in the McDonalds restaurants. China used to be a communist
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activities of a business. My chosen business is McDonalds and I will be explaining how the issues affect in both UK and India. McDonalds - is the world’s largest chain of fast food restaurants. They mainly serve hamburgers‚ cheeseburgers‚ chicken products‚ French fries‚ breakfast items‚ soft drinks‚ milkshakes and desserts. They also have options such as salads‚ apples‚ milk‚ and Snack Wraps on the menu. Legal Factors These are the laws and regulations affecting the business. Some of the other
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25TH January 2011 Unit 1 the business environment Private sector P1: Private sector: For the private sector I have chosen the company Chevrolet‚ this is a well known American car company that sell many types of vehicles such as sports cars‚ 4x4s super cars‚ medium duty commercial trucks and subcompact cars. The ownership:/ The type of ownership of Chevrolet is a partnership; the two founders for Chevrolet are Louis Chevrolet and William C. Durant‚ it was founded on November 8TH 1911. The
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------------------------------------------------- UNIT 1: THE BUSINESS ENVIRONMENT ------------------------------------------------- P3 & P4 GUIDANCE CRITERIA: P3: DESCRIBE HOW TWO BUSINESSES ARE ORGANISED P4: EXPLAIN HOW THEIR STYLE OF ORGANISATION HELPS THEM TO FULFIL THEIR PURPOSES ------------------------------------------------- CONTENT: ------------------------------------------------- ------------------------------------------------- ORGANISATIONAL STRUCTURES:
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Lecturer: Audrey Vince Ahmed Ahmed 63755 Unit1-P4-business environment-Explain how they style of organisation helps them to fulfil their purposes. Introduction: In this assignment I will be explaining how the two businesses that I have chosen from my previous assignment P3‚ how they present the organisational structure and how strategic planning helps them achieve its purposes and aims. This assignment will include the following * The aims of Coca- Cola and Nike * How the strategic
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Introduction For this task I have been asked to discuss the stakeholder’s aims and objectives of my two businesses. It is important for stakeholders to have an influence as they can offer ideas and anything the company is doing is in their interest. Aims of Waitrose • The aims of Waitrose are to offer a top quality service and also try have get their customer to be eating organic affordable food by 2012. • They also are trying to get their own farm to own and grown organic crops. Objectives
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UNIT 1 ECONOMIC ENVIRONMENT OF BUSINESS Objectives After studying this unit‚ you should be able to : • Define what you mean by “environment” • Classify the complex environmental variable on the basis of objective criteria • Identify the critical elements of economic environment of business • Analyse the interactions between economic and non-economic environment • Explain the impact of economic environment on business management; and • Illustrate your understanding of economic environment
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P6‚ M3 In this assignment I will be writing about how stakeholders in two selected organizations of my choice are affected by P.E.S.T.L.E this will show how each one is affected by P.E.S.T.L.E; P olitical E conomic S ocial T echnological L egal E nvironment Definitions: Political Factor- An activity related to government policy and its administrative practices that can have an effect on something. Most business operators will keep a watchful eye on any political factor‚ such as new legislation or
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Unit 1 – the Business Environment Assignment 1- Types of Business Task 1 Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK‚ Morrisons‚ Asda and Sainsbury’s. Sainsbury’s increased its market share over the past year‚ it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers
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