owned entity. 4b) Now briefly describe the two different economic environments you have chosen and explain the effects that the two environments would have/did have on your organisation (P5 part). Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are
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The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallout’s of government politics locally and internationally. Let’s first define Political environment‚ there are several factors that creates an Inter-linkages
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fellow friends. I stand here today to give a speech entitled “Things That You Can Do to Save the Environment “. Our environment is facing a serious level of pollution. We are also experiencing the phenomenon known as Global Warming. I am sure all of you have seen effects and heard the facts about it. So what can you‚ as individuals do about it ? Can you play a role in saving our already polluted environment? Yes‚ you can. Start by doing these simple things. Firstly‚ recycle as much of your rubbish
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The External Environment: Opportunities‚ Threats‚ Competition‚ and Competitor Analysis The external environment affects a firm’s strategic actions. For the example‚ when Philip Morris International (PMI) joint venture with Swedish Match AB‚ PMI distribute smokeless tobacco in multiple global market. A firm’s external environment creates the opportunities (opportunities PMI to enter the smokeless tobacco market) and threats (the regulation in its market reduces the consumption of PMI’s tobacco
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| HND 104 The Business Environment | HND Business Management Name: Lauren Turnbull Student No: 04008416 Tutor: Joanne Martin
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STRATEGIC MANAGEMENT CHAPTER 2: The General Environment The external environment facing the organization consists of both: a. A general environment‚ often referred to as the macro-environment because changes that occur here will have an effect that transcends firms and specific industries. b. A competitive environment‚ consists of the industry and markets in which an organization competes. In order to scan and monitor their environment‚ firms require tools of analysis that will allow
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ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere who may also be considered as stakeholders. The term "corporate social responsibility" came into common use in the late 1960s and early 1970s after many
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04 2013 Environment as Teacher Rasheda Bee Jessica Pop In the early ages‚ young children are in the process of rapid brain development. They learn and adapt things very quickly. Environment is referred to as “The Third Teacher” Environment has such a strong role in children’s development because they spend most of their time in such settings. Many children spend a large amount of their wakeful hours in early childhood programs. When a child enters this environment‚ they will
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MARKETING ENVIRONMENT Introduction: A variety of environmental forces influence a company’s marketing system. Some of them are controllable while some others are uncontrollable. It is the responsibility of the marketing manager to change the company’s policies along with the changing environment. According to Philip Kotler‚ “A company’s marketing environment consists of the internal factors & forces‚ which affect the company’s ability to develop & maintain successful transactions
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Prison Environment Checkpoint Kaschelle Nichol CJS/230 August 22‚ 2012 Lester Julian Prison Environment Checkpoint The prison environment is defined as the atmosphere of aspects within a prison‚ including: inmates‚ guards‚ facilities‚ privileges‚ morale‚ etc. A prison environment is strict and isn’t happy. The main goal being punishment‚ the overall atmosphere will be low‚ and considering the
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