Name: | Unit 1: Business Environment | Lecturer: | Date Issued: | Completion Date: | Fail Pass Merit Distinction P1 | P2 | P3 | P4 | P5 | P6 | P7 | P8 | P9 | P10 | P11 | P12 | P13 | P14 | P15 | P16 | M1 | M2 | M3 | D1 | D2 | D3 | | Learning Outcomes:On successful completion of this unit a learner will:1. Understand the organizational purposes of businesses2. Understand the nature of the national environment in which businesses operate3
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The Business Environment SIX FORCES OF INFLUENCE by Ryan L. Sievers‚ MBA Definition—The six forces of the Business Environment are defined and described in detail. These are the forces beyond the control of any company. Understanding and monitoring them is crucial in order to anticipate‚ prepare for and successfully adjust to the change that is both inevitable and constant. Revised June 2008. Copyright © 2006-2008 Ryan Sievers. All rights are reserved. DEFINITIONS / The Business Environment
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MACRO-ENVIRONMENT POLITICAL-LEGAL FACTOR IMPLICATION EFFECT ON PRODUCT Sin tax bill signed into law More Filipinos will liberate from the vices of smoking and drinking and will help them start a healthy lifestyle. Possible increase in sales revenue. Universally Accessible Cheaper and Quality Medicines Act of 2008 Protect public health and ensure access to affordable quality drugs and medicines for all. Decrease in sales because there may be a shift. From sports drink to medicines
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THE 1987 CONSTITUTION OF THE REPUBLIC OF THE PHILIPPINES ARTICLE IV THE LEGISLATIVE DEPARTMENT Section 1. The legislative power shall be vested in the Congress of the Philippines which shall consist of a Senate and a House of Representatives‚ except to the extent reserved to the people by the provision on initiative and referendum. Section 2. The Senate shall be composed of twenty-four Senators who shall be elected at large by the qualified voters of the Philippines‚ as may be provided
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Regulatory Angola’s ordinary corporate tax is 35 percent‚ with a reduced rate of 20 percent for agricultural and forestry enterprises. The government offers a variety of corporate tax exemptions‚ reductions‚ and exemptions from real estate taxes on land and buildings as investment incentives. Income tax for individual’s ranges from 1-40 percent for employees‚ and 3-60 percent for self employed professionals. Inheritance and gift taxes are also added along with a payroll tax for social
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ENVIRONMENT Defining Environment Is the circumstances or conditions that surround one; surroundings. It is the totality of circumstances surrounding an organism or group of organisms‚ especially: The combination of external physical conditions that affect and influence the growth‚ development‚ and survival of organisms: Is the complex of social and cultural conditions affecting the nature of an individual or community Hence therefore we can classify components of environment as follows;
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mass media feeds on it and scandals and improper conduct‚ especially of those in high places‚ are looked upon as extremely newsworthy‚ and to be investigated with zeal and vigour. The rising trend in the use of corruption as a tool to discredit political opponents‚ the media’s preoccupation with it as a highly marketable commodity‚ and the general public’s fascination with seeing prominent personalities in embarrassing situations have brought scandalous and corrupt behaviour‚ a common human frailty
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Role of Insurance Regulatory development Authority: Protecting the interests of policyholders. Establishing guidelines for the operations of insurers and brokers. Specifying the code of conduct‚ qualifications and training for insurance intermediaries and agents. Promoting efficiency in the conduct of insurance business. Regulating the investment of funds by insurance companies. Specifying the percentage of business to be written by insurers in rural sectors. Handling
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Regulatory Agency Paper HCS/430 Version Five College of Natural Sciences Legal Issues in Health Care: Regulation and Compliance October 14‚ 2013 Regulatory Agency Paper The industry in healthcare requires that its foundation in leadership is to follow procedures‚ rules‚ and regulations‚ which will help an organization‚ succeed in their leadership role in healthcare. This paper will identify important aspects of governmental or other agency such as Joint Commission
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Whole Wheat Bread: A Whole lot of Lies As young impressionable children‚ parents and doctors always try to do what is best for us‚ including and possibly most importantly‚ the food we eat; what is healthier‚ what has less sugar‚ what has more nutritional value‚ etcetera…Even as adults‚ people tend to look for the product that has health benefits‚ such as the popular wheat bread. Wheat bread has always be thought to be the better choice over white bread‚ considering it has whole grains‚ fiber‚ oats
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