analyse how political‚ legal and social factors are impacting upon the business activities for the same organisation used in P5 and their stakeholders and another contrasting organisations. And also Evaluate how future changes in economic‚ political‚ legal and social factors‚ may impact on the strategy of the specified organisation. P6‚M3‚D2 To do this‚ simply describe some of the important changes that are taking placing using appropriate facts and figures. You only need to examine the Political‚ Legal
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Political and legal forces are two of the three most important aspects for a business‚ with social forces being the third. Politics is a changing scene‚ and the rules and laws will change not regularly but often enough. Different elected parties have different feelings about certain business practices and use or alter the laws to change these. The same comes into play with trading in other countries. Organizations‚ especially the European Union‚ have a lot of rules for their member states with
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Legal and political environment • This environment is composed of laws‚ government agencies‚ and pressure groups that influence and limit various organizations and individuals. • Sometimes these laws create new opportunities for business. Various associations have been formed in India for automobile industry ➢ ACMA and SIAM are two major automobile association in India. ➢ acma(Automotive Component Manufacturers Association of India ) ➢ siam (Society of Indian Automobile
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Q UNIT 4 D2: Evaluate the effectiveness of business information and its communication as key contributors to the success of the organisation‚ using examples to illustrate your points. Information and the effectiveness of communication are key to the success (or the survival) of a business. For example‚ the BP oil spill in the Gulf of Mexico in 2010 continues to have serious implications for the business. Introduction Over the last 129 years M&S has grown from a single market stall to become
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are dependent on many_factors. Factors that can impact on the lives of children and young people can be social‚ economic‚ environmental‚ and cultural. Social factors that may impact on the lives of young people can include a lack of social or friendship networks‚ as well as health status‚ disability and illness. Studies have proven that Children need friends and friendships to develop their interaction skills‚ but also their understanding‚ empathy and social skills. Children who lack these
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Bangladesh is a very small country with a large population. The geo-economics of a country is very important for their development. But there is a question about geo economical potential. If we want to develop our self‚ we must know how to make proper use of geo economical potentiality. GEO-ECONOMICS Aristotle consider the geo economical conditions which the territory of a state must fulfill ‚at which point he expresses preference for a state territory which would permit autarky and discuss this problem
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The political environments which include political stability ‚ government support for different types of organisation‚ fiscal‚ direct support‚ providing infrastructure‚ enhancing skills of the working population‚ organisations to support businesses and membership of international trading communities. Political factors can affect a business in the following ways: Political stability affects a business because taxation‚ legal framework‚ policies and laws are all under threat of drastic changes
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UNIT 2/11 MANAGING AND RESPONDING TO BEHAVIOURS IN A LEARNING ENVIROMENT This unit looks at the varied behaviours and reasons for the dynamics within a group and how to manage them in order to confidently deliver and engage the student within the lesson. The hairdressing department within City college‚ delivers to a vast range of learners‚ all with varying ages 14-50+ different ethnic backgrounds beliefs‚ social backgrounds‚ values‚ work ethics‚ family responsibilities‚ the list is endless
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Critical Evaluation of Equal Opportunity Legislation and its impact within the Health Sector; Promoting equality across the world is a constantly evolving process‚ and although complete social solidarity is all but impossible due to the nature of humankind‚ our increasingly multi-cultural societies demand fair and just laws for all people. “Men are born equal but they are also born different.” Because all people are different and have
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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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