With entrepreneurs they play an important role in the society. They make a major contribution to economic activity. Imagine how many jobs are created by the thousands of new businesses that are set up every year and by the small businesses that prosper and take on more staff.
The Thorpe Park
The environmental law can have an impact on Thorpe park because it is big park and is visited by hundreds visitors everyday. The park needs to make sure that they can keep …show more content…
The businesses or organisations who pay the bills would want facilities like electricity and the roads and everything these are called the political factors. Political factors is factual information which is correct, but on the other hand can be info which can be challenged be politicians. Which can be a number of things e.g. NHS, Education, Employment. Political stability affects Tesco as there are elections that take place every five years and within every new government coming up the new laws and regulations are introduced which means that the tax laws are even changed. As Tesco needs to sell its products they need to have packaging for them as well and along with that they need to know about the tax and everything that needs to be …show more content…
They would want to recruit staff for long time instead recruiting any sort of staff for the summer vacations. Tesco might tell their staff to do extra work or they might recruit certain staff that is very well trained and has specific experience within that job and has the right qualifications required. With competition law I expect the future government to stop sharing the sales information on internet that might be hard for Tesco to compete other organisations especially when they might not even know what sort of competition they have got with their competitors. The criminal penalties can become stricter. The court might even have the authorities to disqualify the company directors. In the future five years the changes in the social factors can be that it would be compulsory in Tesco to sell halal food separately and the harram food separately. The government might get stricter with recycling things properly and getting rid of them. The government might get strict with recycling the things. Anyone who disrespects the employers can get kicked out of the job there and then. The government can get strict with the laws. People shifts are no longer the traditional 9-5 shifts, and means that their work patterns could impact when they could go shopping. Therefore Tesco have responded by