CU678 WORK IN A BUSINESS ENVIRONMENT 1.1 The concept of diversity encompasses acceptance and respect. It means understanding that each individual is unique‚ and recognising our individual differences. These can be along the dimensions of race‚ ethnicity‚ gender‚ age‚ physical abilities‚ etc. 1.2 There is a need to be sensitive to the needs of others in all aspects of life including office life. I‚ myself‚ am formally registered disabled by being hard of hearing aid. My line managers have
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stakeholders………………………………………………………………...…..8 4. Explanation of how economic systems in your country (Viet Nam) attempt to allocate and make effective use of resources available within the country……………11 5. The impact of social welfare and industrial policy initiatives on the organization and the wider community…………………………………………………….……13 1. Social welfare………………………………………………………..13 2. Inductrial policy………………………………………………………33 5. The impact of macro economic policy measures and the influence
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1.0 Introduction Contemporary business environments are increasingly competitive and dynamic. The fact that it is changing at a fast pace there are changes in the new concepts accounting control must be developed in order to cope up with the changes. Therefore‚ companies will have to develop logical and reliable business strategies and to utilize management accounting tools in order to support planning‚ control and decision-making. It is important that before engaging in any management plans the
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Unit 222 – Communication in a business environment 1.1 explain why different communication methods are used in a business environment It is important to understand the communication needs of colleagues such as knowing what type of business the organisation is in and maybe specific details about the services or products that they provide. They will also need the skills necessary to do a job well. The purpose of communicating in a business is to send a message to an individual/group of people so that
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Marketing assignment on: External marketing environment factors Q1. Identify & Discuss which external marketing environment factors more impact on Ford. Ans1. Ford Motor Company refers to an American multinational enterprise which deals in the manufacturing of the automobiles. Ford has been known for manufacturing cars on a large scale. Ford refers to the second largest manufacturer in case of the automobile sector. Based upon the annual sales figure‚ Ford has been termed at the fifth largest amongst
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How an organisation communicates – Greenpeace Greenpeace is an ecological and pacifist international organisation‚ economically and politically independent‚ that does not accept donations or pressure from governments‚ corporations or political parties. Greenpeace “defend(s) the natural world and promote(s) peace” (Greenpeace‚ 2008). The funding for its campaigns depends entirely on voluntary contributions from members and sympathizers. Because Greenpeace is an NGO‚ it cannot invest large amounts
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QUESTION 1………………………………………………………………………2 1Group Behavior…………………………………………………………………..2 1.1Group Roles…………………………………………………………………….2 QUESTION 2……………………………………………………………………….2 Diversity……………………………………………………………………………..2. 2.1 How did the nature of diversity affect committee’s actions……………….3 2.2 How should diversity be accommodated……………………………………3 QUESTION 3……………………………………………………………………….3 3 if you were in Jose’s position‚ what would you have done differently………3 3.1 What would you do now……………………………………………………….4 References…………………………………………………………………………
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B. External Environment External environment includes all those factors which influence business and exist outside the business. Business has no control over these factors. The information about these factors is important for the study of the external environment. Some of these factors are those with which a particular company has very close relationship. However‚ there are some other factors which influence the entire business community. Micro environment means that environment which includes
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Factors that affect exchange rates. Like any price‚ the exchange rate deviates from the cost basis - the purchasing power of currencies – under the influence of supply and demand of currency. The ratio of the supply and demand depends on several factors. It reflects connections with other economic categories - cost‚ price‚ money‚ interest‚ balance of payments‚ etc. There is a complex of interweaving and nomination of decisive factors. Among them are the following. • 1.The rate of inflation. The
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How businesses are influence by the economic environment The business environment consists of different influences that are outside of a business from political‚ social and legal changes. These influences can change for the better or for the worst for the business economic factors. The economic environment consist of many individuals who make decisions that buy and sell goods‚ borrow and lend money‚ raises taxes and change interest rates. Consumers are who purchases the goods for their own
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