Business Revision Topic 1 – Business Organisation and Environment * What is business activity? Inputs – Land‚ Labour‚ Capital & Enterprise Outputs – Goods or Service & Waste. Processes – Research and development‚ Production‚ Marketing‚ Finance‚ Administration‚ Human Resources. * Functions * Production – the changing of natural resources into a product or service. * Marketing – IT is to do with identifying consumer needs and pleasing them. Eg: Pricing‚ advertising
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Middlesex University‚ Dubai Business Environment Individual Assignment Company Name: UK Commercial Property Trust Limited’s Date: 18/12/2012 Word Count: 1379 Outline The establishment of UK Commercial Property Trust happened in 2006 at St. Peter Port‚ in the Channel Islands (UK). Ignis Investment Services Limited runs and manages the company. The company invests in a portfolio of diversified‚ commercial properties in the United Kingdom through its subsidiaries. Its portfolio
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explore a list of ways how the government helps or hinders the development of a successful business environment. In order to achieve the clarification of this subject‚ PEST(LE) analysis is used. There is no doubt to say that every nation state needs some form of government to regulate its business affairs. As a function of any organised society‚ the governments play a key role in the modern business environment. But the form of government differs from nation to nation. Whatever the form or structure
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economic theories‚ principles‚ concepts and techniques to business management in order to solve business and management problems. It deals with the practical application of economic theory and methodology to decision-making problems faced by private‚ public and non-profit making organizations. The same idea has been expressed by Spencer and Seigelman in the following words. “Managerial Economics is the integration of economic theory with business practice for the purpose of facilitating decision making
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Contents Introduction 3 Objectives and Methodology 5 Choice of Methodology 5 Type of Research 5 Questionnaire 6 1. Conditions of Business in Afghanistan 7 1.1 Geography 7 1.2 People of Afghanistan 8 1.3 Political System 8 1.3.1 Current Political Situation 9 1.4 Current Economic Situation 10 1.4.1 Living Conditions 11 1.5 Business opportunities in Afghanistan 12 1.5.1 Investment Opportunities 13 1.6 Agriculture 13 1.6.1 Opportunities 13 1.6.2 Agriculture
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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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satisfy individual and organization goals”. Philip Kotlerinterprets that marketing is ’satisfying needs and wants through an exchange process the common interest in all three definitions is fulfilling customer needs and providing benefits The small business enterprise that I have chosen to discuss is called ‘Hair Today ‘this is a professional hair salon that is situated in the heart of Kentish town for over 30 years. Hair today has a total of 20 employees‚ including hairstylists‚ hair washers and administration
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EFA – Asian Business Environment – Dr. Yang Laike (lkyang@bs.ecnu.edu.cn) 17/04/2012: Session 1 Course description Why Asia? * The most dynamic and fastest growing region in the world * Most distinctive cultures and business … Course Objectives? … Learning modules China- India – Japan - Korea (major economic countries) M1 Asian Business Culture M2 Economic structure & development in Asia M3 political system and its impact on business M4 The business law and taxation
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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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The external Environment of business refers to the external forces which consist of legal-political‚ economic and culture‚ that play a part in influencing the direction that the firms take. The legal element of the environment is the framework of rules laid down by the government which business must operate. The labor laws protect the rights of the NBA players by providing for contracts of employment ‚ compulsory insurance ‚ recognition of National Basketball Association and industrial
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