External environment of a business Essays and Term Papers
1,484 Essays on External environment of a business. Documents 1 - 25 (showing first 1,000 results)
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Describe and Analyse the External Environment of Business
The external environment is the “external context within which an organisation exists and operates.”1 One of the ways in which the external environment can be analysed is by assessing the impact of politics, the economy, social factors and technological factors (P.E.S.T. analysis). The organisations are affected either generally or immediately by the external environment. The immediate factors, also referred to as the operational environment, include aspects such as suppliers, financial institutions, customers and labour markets.
Rating:Essay Length: 1,507 Words / 7 PagesSubmitted: November 11, 2009 -
Impact of External Environment on Business
Introduction This paper will present a general idea about small and medium size enterprises in goods or services. Marriot Hotel in Melbourne is chosen as an example of discussion the following sections. The discussion will cover the following points: a profile and nature of Marriot Hotel, rationale for selecting this hotel, illustration of how changes in external environment factors have impacted on business over the last 5 to 10 years. Also, this paper will examine
Rating:Essay Length: 2,018 Words / 9 PagesSubmitted: January 10, 2010 -
Analysis of External Environments of Business
Analysis of the External Environment of Business -Technological- A ‘business’ is commonly defined as an organisation which provides goods or services in addition to transforming input into output. Its objectives can either be profitable or non-profitable. One of the main requirements that must be fulfilled for a business to exist is that it must act and react to activities and occurrences beyond that of the organisation. These factors that happen outside of the business are
Rating:Essay Length: 1,681 Words / 7 PagesSubmitted: March 5, 2010 -
Analysis of the External Environment of Business
Analysis of the External Environment of Business In today’s highly competitive market, businesses must be aware of the environment in which they operate and the external factors that influence them. These factors can affect the main internal factors of the business and its objectives or marketing strategies. The external environment is rarely stable and many of the external forces can change quickly and dramatically and are usually beyond a firm’s control. Although some external
Rating:Essay Length: 1,409 Words / 6 PagesSubmitted: April 20, 2010 -
Analysing the Role of Internal & External Environment, Social Responsibility and Managerial Ethics in Parmalat & Awb
ANALYSING THE ROLE OF INTERNAL & EXTERNAL ENVIRONMENT, SOCIAL RESPONSIBILITY AND MANAGERIAL ETHICS IN PARMALAT & AWB By John Geevarghese (ID 21639689) INTRODUCTION : Goal of this assignment is to carefully understand the crucial role of Internal / External Environment, Social responsibility and Managerial ethics in the rise and fall of well known organisations like Parmalat, AWB and others. The only way to understand the active roles of these factors will be by understanding it
Rating:Essay Length: 3,609 Words / 15 PagesSubmitted: November 12, 2009 -
External Environment of Ben and Jerry
External Environment Competition: Ben & Jerry's Strong competition by Haagen-Dazs Company Inc. and other significant competitors are Dannon, Columbo, Dove bars and Healthy choice. Company has risk of by potential competitors but they take challenges by launching the new product. The Ben & Jerry ice cream is costly but the promotional activities compete the competitors. Haagan Dazs has vast resources but the Ben & Jerry has brand loyalty. The Ben and Jerry has a premium
Rating:Essay Length: 368 Words / 2 PagesSubmitted: November 20, 2009 -
Sprint and External Environment
It is very critical for organization to understand the importance of external environment, which includes remote, operating and industrial environments before developing its future objective. Each environment bases on different factors, therefore the analysis of external environment will help the company seeks for new opportunity in many areas as well as discovering challenges that might have direct impact to the organization in the future. The remote environment consists of the study of the economic trend
Rating:Essay Length: 441 Words / 2 PagesSubmitted: December 22, 2009 -
Organisations and Environment - Analysis of the External Environment
Organisations and Environment Analysis of the External Environment The dimension of the external environment which interests me the most is the economic dimension. Economics can be described as the social science that deals with the production, allocation and distribution of scare resources in order to please the unlimited wants and needs that individuals boast. Economics is also research into aspects such as interest rates, inflation, gross national product and unemployment in order to predict the
Rating:Essay Length: 1,801 Words / 8 PagesSubmitted: December 23, 2009 -
An Analysis of the Structure and Culture of Strategic Mining Solutions in the Context of the External Environment with Respect to Future Challenges and Recommended Changes
EXECUTIVE SUMMARY Strategic Mining (SM) is capable of converting challenges into opportunities, as evaluated in the context of the company expanding its operations into Africa. The company promotes a participative management style which greatly benefits communication at all levels. The Directors of SMЎ¦s Board are technically and managerially highly skilled and are therefore in a position to manage company resources efficiently and unambiguously. A co ЎV operative culture exists in the company. This feature is
Rating:Essay Length: 2,466 Words / 10 PagesSubmitted: December 27, 2009 -
External Environment Analysis
Executive Summary This report was to Joel Haire, who is the Master of Marketing convenor of Sales Management in Swinburne. The report is focus on sales strategy, implementation and operating plan for Foster’s Group Limited, which is one of the Australian largest alcohol companies. It was written by four Swinburne students, who are Master of Marketing, Diego, Desmond, Gemala, and Jie. The purpose of the report is to design a sales strategy for Forster’s Group
Rating:Essay Length: 2,825 Words / 12 PagesSubmitted: January 2, 2010 -
Google External Environment
External environment Political issue Google is one of the biggest Information Technology companies in the world. Google is an American public corporation, specializing in Internet searching and online advertising. Google is rapidly growing in popularity around the worldwide. Google justifies its vast new range of services by explaining they all still fit the original company mission statement, to "organize the world's information." Therefore the most important thing is that political remain stable is very important
Rating:Essay Length: 3,376 Words / 14 PagesSubmitted: January 9, 2010 -
Why Is It Important to Understand the Organization External Environment
Motorola Business Strategy Overview and History Since it first entered the competitive electronic firm market, Motorola has continued to remain successfully as a world leader in mobile communication technology, ranking as the leading maker of cellular telephones, paging devices, automotive semi-conductors, and microchips that are used to operate devices other than computers. Although it has lost a few battles, Motorola has taken on the Japanese head to head, through these times of Japanese competition. In
Rating:Essay Length: 1,266 Words / 6 PagesSubmitted: January 19, 2010 -
External Environment Analysis
Wyeth Ayerst’s external environment consists of three components: its remote, industry, and operating environment. In these three environments, there is a chance that one of its external environments may change. All of these environmental sectors affect the firm's operations both on an international and domestic level, and it is very possible for changes to occur. Change is an inevitable factor in the world of business. In fact, I have predicted that there will be several
Rating:Essay Length: 958 Words / 4 PagesSubmitted: February 5, 2010 -
External Environment
Introduction Continual changes in the external environment of the global work force dynamics are having major impacts on the way employers around the world manage their businesses. Singapore is no exception from these changes in which the government and employers are aware of, and have started to take measures in addressing these changes. The “external environment” consists of factors outside the organization that affects the main internal functions of the business and possibly the objectives
Rating:Essay Length: 366 Words / 2 PagesSubmitted: March 17, 2010 -
Discuss the Importance of Changes in the External Environment to an Organization like Walmart
2. How does Amazon.com compete on the web? Amazon.com can not be the great on-line bookstore if it lacks of good founders as well as its core competence. The founder, Bezos , is a creative and dynamic man who can keep pace with the dynamic world. The company also pays much attention to its customers, suppliers and base on technology. It has an attempt to manage and build itself to be better, easier, faster and
Rating:Essay Length: 2,366 Words / 10 PagesSubmitted: May 23, 2010 -
Internal and External Environment and Environment Scanning
EXTERNAL ENVIRONMENT All the relevant forces outside the firm’s boundaries are “External Environment”. Managers need to have information about the external environment to predict future. External Environment can be classified in two broad categories: 1. Macro Environment 2. Competitive Environment The forces that comprise the Macro Environment are as under: a. Law & regulation / Politics Governments can affect business opportunities in terms of the specific tax laws, economic policies, the import export laws, etc.
Rating:Essay Length: 415 Words / 2 PagesSubmitted: June 7, 2010 -
Describe the Benefits and Limitations of the Models Used to Analyse the Internal and External Environment of the Firm.
For a business to function it needs to have a competitive advantage, that is it needs to be more attractive than its competitors in some way to sway consumers. Porter (1985 pp2) succinctly suggests that… “If your product is not cheaper than anyone else’s or doesn’t serve me better or more conveniently than anyone else’s, why on earth should I use them?” A business entity needs to develop strategies to enable them to keen this
Rating:Essay Length: 2,030 Words / 9 PagesSubmitted: June 7, 2010 -
The Three Basic Characteristics of Changing External Environments
Krokos Laurie Krokos Professor Kerschner BU240 – Management Principles January 21, 2015 Chapter 3 Review Questions 1. The three basic characteristics of changing external environments are: 1. Environmental Change: This is the rate at which a company’s general and specific environments change. In stable environments, the rate of change is slow. In a dynamic environment, the rate of change is fast. Some companies often experience both. The Airline industry is a perfect example. They went
Rating:Essay Length: 1,525 Words / 7 PagesSubmitted: February 12, 2015 -
The External Business Environment
The External Business Environment Today, business has evolved into highly competitive industries who offer goods and/or services. Businesses are connected with society on all Political, Economical, Technological, and Socio-cultural levels. The Business environment has become chaotic as the world constantly changes and grows. The past decade has yielded advances in every field imaginable, and created a very dynamic, competitive free market in the U.S. The Consumer Services Industry: Business today is made up of two
Rating:Essay Length: 524 Words / 3 PagesSubmitted: March 4, 2010 -
Btec Hm 51 External Business Environment
Name: OUYANGJINLUN Class：BTEC HM 51 Course Name: External Business Environment Lecturer: Mr. Jonathan Lee ________________ Table of Contents 1.1Structure and operation of the UK economy………………………………….3 1.2UK’s government economic policy……………………………………….........3 1.3 Employment distribution in the UK……………………………………………5 1.4 demographic trends that influence employment patterns………………….5 1.5The social structures of people employed……………………………………6 2.1The structure, operation and influence of local government……………….8 2.2The role and influence of the ASEAN……………………………………......9 2.3The role of pressure groups and their political influence…………………..10 2.4 The different
Rating:Essay Length: 2,722 Words / 11 PagesSubmitted: January 27, 2019 -
Legal Environment of Business
Final Exam Legal Environment of Business 2003 Question 6: Pizza Hut case: Is either franchisor or franchisee liable for sexual harassment? If so, what type of sexual harassment occurred? Please fully explain your answer. In this case, the franchisee is liable for the hostile work environment sexual harassment type. However, the franchisor should not be held liable unless it can be proven that it has central control over the day-to-day employment decisions of the subsidiary.
Rating:Essay Length: 487 Words / 2 PagesSubmitted: November 18, 2009 -
Ethical Environment of Business
Tim Haught Ethical Environment of Business 9/14/06 Critique of VBE Article #3 It’s a sign of the times: “West Virginia, Open For Business.” Journalist, ethicist, and university professor Thomas Michaud has a very interesting perspective on this sign and on the condition of business in West Virginia in general. 10 minutes east or west from the aforementioned sign, in Wheeling, West Virginia, Michaud lives in a city that has sustained a 50% population decline over
Rating:Essay Length: 561 Words / 3 PagesSubmitted: November 22, 2009 -
Business and Financial Environment
Business and Financial Environment I Assignment Part 1 Word count: 1987 Contents 1 Executive Summary 3 2 The global factors 4 3 Changes in the world economy 6 4 Organisation strategy 7 5 Types of costs 8 6 Demand elasticity 10 7 Appendices 12 8 References 13 9 Bibliography 14 1 Executive Summary The global economy has increased the interdependence of national economies. Multinational companies dominate the international economy. The integration of the financial markets
Rating:Essay Length: 2,370 Words / 10 PagesSubmitted: November 27, 2009 -
Business and Environment Body Shop 2005
EXECUTIVE SUMMARY. Our report was based on The Body Shop International, which is a PLC operating on a worldwide scale. We chose to carry out this report on The Body Shop as it has a very interesting background; it was founded as a natural soap and lotions company whose cornerstone was to operate as a model of social responsibility with ethics in business. However, The Body Shop has since been exposed to negative press surrounding
Rating:Essay Length: 2,443 Words / 10 PagesSubmitted: November 29, 2009 -
Information Management in Today’s Business Environment
Information management in today’s business environment Managing information is a complex and ongoing issue—and it’s vital to your business. Not only do you need to make sure that data is available to the right people at the right time, competitive pressures demand that data be leveraged to help you identify trends, respond more quickly to customers and to optimise day-to-day operations wherever information is used within your business. Customer expectations are very high and grow
Rating:Essay Length: 2,056 Words / 9 PagesSubmitted: November 30, 2009