2008). Australia also has legal and political stability. Therefore‚ Jurlique will face no difficulty in establishing its business into Indonesia since both countries political parties seek to promote growth and encourage investment and trade‚ including investment abroad. 2.2. Legal Environment “The legal-political environment does not have to be unstable or revolutionary to be of that concern to managers. Just the fact that a country’s social or political system differs from that of Australia (.
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to get paid as much as possible. Also‚ stakeholders can be health care professionals‚ especially nutritionists‚ as their analysis of fast food effect can influence public perceptions‚ therefore affecting sales. I will examine how McDonald’s has responded to or anticipated future events that have impacted its market and stakeholders using the PEST analysis as a tool. The analysis consists of situational and uncontrollable Political‚ Economic‚ Social and Technological forces within the macro environment
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responsibility is when a business owes a duty towards the community as well as the environment. Businesses such as Coles and Woolworths take an individualism view in which they only care about their long term self - interest e.g. profits and sadly neglect their suppliers. Factors influencing ethical behaviour include: the person‚ organisation and the environment. Woolworths is focused on brand and loyalty while Coles are focused on increasing basket size. Although
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Pest and Pesticides For centuries‚ pests have been feasting on crops and not only decreasing a farmer’s crop yield‚ but also spreading diseases that can even be deadly. Mosquitos‚ like the one to the left can carry many diseases such as West Nile and malaria.1 There are so many pests from insects such as beetles‚ which feed off of crops such as the potato plant (left)‚ and mosquitos (left) to rodents such as rats that “even with extensive use of pesticides‚ a substantial amount of damaged [crops]
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References: Fredendall‚ L. & Hill‚ E. 2001‚ ‘Basics of Supply Chain Management’‚ CRC Press LLC‚ Florida. Rossi‚ S. 2007‚ ‘Woolworths awards suppliers in supply chain project’‚ no. 1‚ pg 5‚ EBCOhost‚ AN 24056925‚ viewed 18 October 2009.
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Intangible Assets: An intangible asset‚ despite not having a physical form to it‚ has great value to a company and is to be disclosed in the financial reports. Some companies only disclose the brand and goodwill as their only intangible assets‚ while others include more such as software and the company trademarks (Loftus et al. 2012). The Accounting Standard AASB 138 advises businesses on the accounting treatment of these intangible assets‚ but only if the specific criteria have been met for an
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Geography Australia is both the smallest and oldest continent in the world‚ and it is the only country that is also a continent. [1] It is an island located between the Indian Ocean and the South Pacific‚ just south of Indonesia and Papua New Guinea. At 2‚941‚299 square miles‚ Australia is the sixth-largest country in the world and only about 150‚000 square miles (about the size of Montana) smaller than the continental United States. Its interior land is a flat and sparsely populated desert
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CONTENT PAGE 1. Question Paper 2 2. Introduction 3 3. PEST Analysis 4 (3.1) Political Legal Environment 4 (3.2) Economic Environment 4 (3.3) Social Environment 5 (3.4) Technological Environment 5 4. Industry Analysis 5 5. The Michael Porter Five Forces 6 (5.1) Threat Of New Entrants 7 (5.2) Rivalry of existing firms 7 (5.3) Threats of substitutes 7 (5.4) Bargaining power of buyer 8 (5.5) Bargaining power of suppliers 9 6. Conclusion
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Overview of Religion Religion plays a major role in Australia’s history. Religion has been in Australia ever since the Indigenous people existed and continues to be growing in variety with immigrants bringing and practicing their own religions such as Christianity Buddhism‚ Islam‚ and Hinduism. These religions are central to Australia’s identity and history and have helped Australia into a pluralistic nation. Although religion is a word used often‚ defining it is a hard task. Some definitions are
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PEST ANALYSIS Introduction The business our team has chosen to analysis‚ set up and create is a trendy jazz bar‚ located in the heart of Sydney. In order to analyse and build our establishment‚ we must research a variety of aspects that can harm or affect our business in any way. This involves researching our external environment such as the political/legal‚ economical‚ social and technological issues that are current in today’s world. They will all help us to determine our goals and objectives
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