BUSINESS ENVIRONMENT ASSIGNMENT-1 1. Discuss the concept of Corporate Social Responsibility with the help example of corporate Entity you know? Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. Let me explain the Corporate Social Responsibilities
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Business Environment Can your business survive? Marks and Spencer is a retailer department that offers high quality home products‚ fashionable clothes for women‚ men and kids as well as luxury food & wine in store and online; from 2‚000 suppliers globally. M&S also provide services such as TV installation for free when you buy TV from them‚ energy resources‚ insurance‚ gift wrapping and flowers deliveries. Marks and Spencer belong to the Private sector organisation and it’s registered as a public
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As explains that a marketing orientation is a particular form of business or corporate culture reflecting outward-looking management attitudes. Organized around a detailed knowledge of existing and prospective customers‚ outward looking means being highly responsive and proactive to the constantly changing dynamics of the business environment within which any organization operates. It is widely recognized at the start of the twenty-first century that the pace of change is accelerating around
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used to determine the coordination and cooperation of a business venture so as to attain the optimum output of the employees. All around the world we can find various organizations that work in business group having a fixed and well defined set of rules and regulations to ensure teamwork and maintain team spirit in the organization. Looking at the size and vastness of projects in an organization‚ necessary work has to be broken down into different departments‚ even departments are not sufficient enough
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Task 4.1: Discuss the significance of international trade to UK business organizations International trade is the exchange of capital‚ goods and services across international borders or territories (Wikipedia.org). It is vital to the economy of a country since it may benefit a significant share of gross domestic product (GDP). Without international trade‚ the UK organizations would be limited to sell its goods and services only within their own border. Therefore‚ International trade is vital
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Business Environment Meaning: The success of every business depends on adapting itself to the environment Within which it functions. For example‚ when there is a change in the government polices‚ the business has to make the necessary changes to adapt itself to the new policies. Similarly‚ a change in the technology may render the existing products obsolete‚ as we have seen that the introduction of computer has replaced the typewriters; the colour television has made the black and white television
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political regimes and social in which it belongs to On the basis of presentation and systematic overview of different market structures and market forces as well as the global factors affect to economy and shape national business activities‚ I strive to indicate an insight about the behavior of organizations in their market environment and how the global factors serious impact on production and business activities. In this report‚ I decided to choose two organizations—including EVN (Vietnam Electricity)
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Work in a business environment 1.1) Explain the purpose of supporting other people at work The purpose of supporting other people at work is so that you are able to get tasks completed quicker and you help each other succeed and learn new things this then helps to build better work relationships and it creates unity amongst the team. 1.2) Explain the purpose of helping other people to work effectively and efficiently a) for individuals b) for organisations Helping other people to work improves
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Table of Contents Introduction 1 Mission‚ objectives and responsibilities and assess the influence of stakeholders 3 Objectives of three stakeholders of organization 7 The responsibilities of an organization and strategies employed to meet them 10 Differences economic systems attempt to allocate and make effective use of resources available within the country 11 The impact of social welfare and industrial policy initiatives on organizations and the wider community 14 The impact of macroeconomic
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Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
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