Business Environment Lecture 1 Business & its Environment What is Business? Business is a way of dealing with the problem of scarcity Business involves the transformation of inputs into outputs to meet particular needs or wants of consumers Business is not just The Private Sector it is also The Public Sector and Societies have to choose the balance between the public and private sectors The Private Sector (Pg 7-11) Consists of all business in some form of private ownership COMPETITON
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today’s global and competitive business environment‚ business organizations are striving to stand out from their competitors and attract targeted audience by providing consistent and reliable customer service. However‚ if a business organization is to implement effective customer service programs‚ they must have their employees acquire a set of skills that collectively encompass the business social/interpersonal area. Although business social/interpersonal skills cover many dimensions of business‚ some
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MANAGING GLOBAL ENVIRONMENT (continuation) The World Trade Organization (WTO) * Evolved from the General Agreement on Tariffs and Trade (GATT) in 1995. * Functions as the only global organization dealing with the rules of trade among nations. * Has 145 member nations. * Monitors and promotes world trade. Different Types of Global Organizations * Multinational Corporation (MNC) * A firm which maintains operations in multiple countries but manages the operations from
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|Edexcel BTEC HNC/HND Business Management | |Unit Title: |Unit 1 |Date Issued | |Business Environment | |Week beginning 11/02/13 | |Student Name |Student ID |Due Date – 03/06/13 | |Lecturers Name:
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ASSESSMENT FRONT SHEET LONDON SCHOOL OF COMMMERCE AND IT Programme: BTEC Higher National Diploma (HND) in Business Unit Number and Title: 01 and Business Environment Unit Code-: Y/601/0546 Credit Value: 15 QCF Level: 4 Module Tutor: Bhupinder Singh Email: Bhupinder27@gmail.com Date Set: SCOPE OF THE COURSEWORK Learning outcomes and criteria covered by this assignment: • All pass criteria (P1-P12) • All merit descriptors (M1-M3) • All distinction descriptors
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University Course Name: Business Environment Preface The objective of this course is to provide requisite knowledge for successful business manager. To develop the understanding of the cultural‚ demographic‚ social‚ economical‚ political‚ technological and legal environment within which the business operates. Provide knowledge on how to adapt with the changing environmental situation. It also discusses the issues related to the relationship between business and society. The question
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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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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 policy (fiscal & monetary policy) measures and influence of the global economy on organizations and stakeholders 18 Introduction Big C is the range of supercenters which are possessed by Casino Group. According to Big C website (2011)‚ Casino is one of the biggest and leading retail groups in the world‚ with over
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Current domestic and global security threats: The impact on The North Atlantic Treaty Organization (NATO) The North Atlantic Treaty Organization (NATO) was formed to cope with the challenges of a bipolar world. However‚ today’s global environment faces multi-polar challenges from non-state actors such as terrorists. Threats once considered domestic concerns now affect the world‚ like global warming and the need to rebuild the infrastructure of unstable states such as Afghanistan and Bosnia. The
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The Global Environment The United States should promote family planning to curb world population growth. The world’s population is at 6.1 billion and growing. People who promote family planning would say that the only way to fight poverty and global environmental degradation is by controlling this growth. It is in U.S. interests to share information about family planning with the millions of people living in developing nations. Fewer people will translate into less strain on Earth’s
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