...BUSINESS ENVIRONMENT Submitted By: Submitted To: Table of Contents Introduction 3 2. LO1 Understand the organisational purposes of businesses 4 2.1 purposes of different types of organisation (P1.1) 4 2.2 Extent to which Tesco Plc meets the objectives of different stakeholders (P 1.2) 5 2.3 Various responsibilities of Tesco Plc as an organisation and the strategies it employs to meet the objectives of the stakeholders (P1.3) 6 3. Nature of the national environment in which business operates (LO2) 9 3.1 How different economic systems attempt to allocate resources effectively (P 2.1) 9 3.2 Impact of Fiscal and monetary policy on the activities of Tesco PLC (P 2.2). 10 3.3 Impact of competition policy and other regulatory mechanisms on the activities of Tesco Plc (P 2.3). 11 3.3.1 Impact of competition policy ON THE ACTIVITIES OF TESCO PLC 11 3.3.2 Impact of regulatory mechanisms on the activities of Tesco Plc 12 4. Understand the behaviour of the organizations in their market environment (LO3). 13 4.1 explain how market structures determine the pricing and output decisions of TEsco plc (P 3.1). 13 4.2 How market forces shape Tesco PLC UK responses using a range of examples (P 3.2). 14 4.3 Explain how the business and cultural environments shape the behaviour of Tesco PLC UK (P 3.3). 15 5. Significance of the global factors that shape national business activities (LO4) 16 5.1 SIGNIFICANCE of international trade to Tescos PLC UK ( P 4...
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...GBE How are the emerging economies of China and India affecting the global business environment? ■ What impact has the global financial crisis had on the way businesses operate? ■ How should business leaders in the age of the multinational enterprise approach their social and ethical responsibilities? This bestselling textbook tackles these and many other challenges head on. Combining a clear, thorough introduction to the business environment with a uniquely global perspective, The Global Business Environment covers all you need to know about the rapidly changing context in which businesses operate. Features throughout the book are designed to help you learn, revise and think critically about the global business environment: ■ Case studies: Over 30 case studies invite you to explore how a diverse range of businesses, industries, governments and individuals are meeting the challenges of the contemporary business environment ■ Spotlight on emerging economies: Provides insight into the emerging economies of Brazil, Russia, India and China, and their place in the global economy ■ Meet the CEO: Your chance to learn about some of the most influential business leaders in the world, from the CEO of multinational Unilever to the chairman of Mitsubishi ■ Critical thinking: Recurring themes and critical thinking boxes in every chapter encourage debate on key issues from the globalization of industries to environmental sustainability, developing skills that will take you far beyond your...
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...Alex Pedersen Professor Ragan Engl-1180 12/5/12 Bottled Water The trend of carrying and consuming water bottles has expenditly increased in recent years, and its popularity has hit an alltime peak. More and more people are using bottled water because of its easy assecability, and its conveince. Unaware to most, the useage of bottled water has dire effects on the environment, and itself can provide several health risks. Although bottled water can serve as a great convience, the harm it causes to the environment outweights its convience immensly and contrary to popular belief, bottled water is often no healthier than tap water. Despite perceptions that bottled water is healthier than tap water, more times than not, it is not amd bottled water has much more lienant rules when it comes to regulating their water. "Bottled water may be no safer, or healthier, than tap water in many countries while selling for up to 1,000 times the price," the World Wildlife Fund said. Bottled water continues to increase its revenue, and is the fastest growing beverage industry in the world, worth up to $22 billion a year. More than half of all Americans drink bottled water, and about a third of the public consumers bottled water on a regular basis. The increased sale of bottled water has been fueled by ads on television or in magazines of luxurious mountains and beauitful glaciers with cyrstal clear springs flowing with the so called "purified water." In reality tho, bottled water is not...
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...Many discuss coal in terms of the jobs that it can bring to a region. Some discuss the fact that it is a natural resource that America has and should use. Others will discuss the fact that burning coal and other fossil fuels increases problems of climate change. Now, some are actually talking about "clean coal? Two ways this discussion can go: 1. What would you have done if you were in Governor Quinn's position in Illinois? Be sure to explain fully based on the knowledge gained during this week's readings. http://www.chicagotribune.com/business/ct-biz-0815-leucadia-exit--20120815,0,7834384.story 2. What is clean coal? Is it really clean? Why or why not? Be sure to use additional new sources to support some of your answer. http://www.cleancoalusa.org/ http://coalisnottheanswer.org/notclean.html When we look at the cost of using various types of energy, we don't always want to think only about the financial cost. While this is important, it is fleeting. You pay the bill and you are done. The other effects of using various energies are long term. I was Reading Destiny of a Republic, the story of President Garfield's shooting and death in office. After 2 months of sweltering heat in the White House, he was not doing well and they prepared a train to take him to the Jersey shore for cooler weather and better views. They knew he was in bad shape. They created a special train that burned "cleaner Anthrocyte coal" to avoid getting pollution into his infected...
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...This could be because the group divided since there was another ingredient contained in both solutions that satisfied the needs of the organism to survive. The actual results versus the experimental reslts differ because pH plays a big role on the environment of pill bugs. They are known to utilize kineses to attain their desired environemnt while operating around it. Kineses is a random movement in response to an environmental incentive. When animals behave in a kinetic way, they are not moving towards or away from the stimulus, just in correspondence to it. It is important to consider that this was only one trial. It is practical to accept the hypothesis because the pill bugs could have used cell communication to split up to obtain an equal amount of the varying substances. In addition decomposing organisms need four key elements to thrive, nitrogen, carbon, moisture, and oxygen. The organisms may have sensed these substances in both the lemon juice and the bleach, so no preference was established. The usage of second messangers could explain this because they are molecules...
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...Running head: EXTERNAL AND INTERNAL ENVIRONEMNT External and Internal Environment Analysis Bharti Gupta University of Phoenix External and Internal Environment Analysis: Mayo Clinic The purpose of this paper is to analyze the External and Internal environmental factors of Mayo Clinic (MC). Mayo Clinic is a nonprofit worldwide leader in medical care, research and education for people from all walks of life (Mayo Clinic, 2011). Various types of external and internal factors affect the smooth flow of business at Mayo Clinic. External environment analysis is important in determining the strategy that should be adopted by a business and internal environment analysis is critical to identify the core competences of the business. External Environment External environment (EE) can be broadly classified into three types: Remote, Industry and Operating. Remote environment (sometimes called as macro environment) consists of the forces at work in the general business environment which will shape the industries and markets in which an organization competes (Stonehouse, Campbell, Prudie & Hamill, 2008). Industry environment (sometimes called as micro environment) is the competitive environment facing a business. It consists of the industries and markets in which the organization conducts its business competes (Stonehouse, Campbell, Prudie & Hamill, 2008). Operating environment also called the competitive or task environment comprises factors in the competitive situation...
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...Initial tourism experiences can be very low key in their impacts but sometimes grow to mass tourism. Discuss this change and outline the direction being taken by the tourism industry to manage this growth as Sustainable Tourism. Use current examples, with reference article, to develop and support your argument. Introduction Travelling is the leading leisure activity choice among other activities in today world. Tourism have changed and evolved over time. According to Jafari’s advocacy platform, during the post war years of 1950s to 1960s, tourism started to bloom due to emergence of strong middle class and hence increasing the wealth and interest and outgoing attitudes of individuals. The improvements of technology in transportation allowed people to travel in masses, resulting in mass production and mass consumption in that period, simply put, the movement caused the birth of mass tourism. Overtime the impacts of mass tourism, both positive and negative, to the destination start to surface; sustainable tourism is introduced to manage the impacts of mass tourism. Development of Mass Tourism Mass tourism is said to consist of various elements but the principle lies with the participation of large numbers of people (Fink, 1970). It is a distinct form of tourism that can be separated from the others base on it linkage to mass production, mass consumption and mass tourist destination (Vainikka, 2013) and these mass consumption took place with the lack of consideration...
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...STRONG ASSIGNMENT Career Exploration The purpose of this assignment is for you to critically reflect upon the results of your Strong Interest Inventory, as well as to explore any pre-existing majors or occupations of interest. For this assignment, you will identify and examine majors and occupations to begin evaluating how they may fit with your interests, abilities, or values. Part 1: Objective: To identify the details of occupations of interest to you and to begin evaluating how they fit with your interests, abilities, or values. (3 points) Directions: Use the Occupational Outlook Handbook to research and indicate 5 items for each of the categories in the tables below. At least one of the occupations you research must derive from the results of your Strong Interest Inventory. • Occupational Outlook Handbook: http://www.bls.gov/ooh/ OCCUPATION #1: ______Financial Manager__________ | |What They Do/ Duties |How To Become One/ Education |How To Become One/ Important Qualities |Work Environment/ Work Schedule | |1. |Responsible for financial health of | |Have to have a lot of previous experience in the |Works typically in an office or bank setting | | |organization |Bachelor’s degree |financial world to be successful ...
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...Picture Through discriminations of class and gender This photo displays physical activity inequity and is supported through the incorporation of class and gender discrimination. This photo is an example of physical activity Class discrimination Shoe Inequity in Opportunity? Ahead inequality of condition; (ii) inequality of opportunity Gender discrimintaition Symbolize inequity in power – holding all sports Ahead start why? – inequality of capability. Write a four-page essay based on the photo. In the body of your essay, begin by explaining how the image symbolizes inequity. Next, argue for what you believe to be the ultimate cause/causes of the inequity. Finish off the body of the essay with a brief account of what you think should be done to help resolve the inequity. The body of your essay should make up about three and a half pages. Finally, write a short introductory paragraph in which you briefly describe the circumstances under which you took the photo and state your thesis (in a sentence or two) about the ultimate cause/causes of the inequity, and a short conclusion paragraph in which you emphasize what you believe to be the most important points in the essay. Intro Over time the types of physical activity inequities in sports have become better understood and recognized by our changing society. I took this photo because it captures inequity of ‘condition’ and ‘opportunity’ on a basketball court in the west end of Toronto...
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...MBA 2017 | Written Case Analysis Aston-Blair, Inc. | Organizational Behavior | | 17010046 | 10/11/2015 | | Synopsis and Summary: The case discusses the role of Henry Tam, a Harvard Business School student who joined a startup company, Music Games International. Dynamic and extremely diverse but very conflicted, the company lacked real world experience and Henry took on the assignment to formulate a strategy and restore harmony amongst the team members. Statement of the Problem: The team faces the issue of cultural and functional diversity hampering their productivity. The responsibilities of the members are not clear and no clear leadership is defined. Causes of the Problems: *Multiculturalism and Functional Diversity: At first sight, the diversity of culture and function in the team seems like a wise choice since more ideas mean better productivity and creativity, before we see the first meeting. The whole team seems like to be functioning like a family with extremely loyal best friends who are capable of handling conflict and are cooperative towards the newcomers – Dana and Henry. However, the team is facing the issue of improper management of multiculturalism and diversity and there is low performance. Sasha does not think Dana has the practical experience and Roman and Igor do not understand what Dana wants from the project. The brainstorming sessions, according to Dana and Henry seem to drag on too long. It has an impact on the team’s processes...
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...ISCOR 300 Spring 2014 Tuesday 4:00-6:00pm Exam Study Guide IDs: You should be able to identify major terms, concepts, events, and people. A good ID response requires that you state who or what it is, AND its significance in the context of the course (how, why important? The so what question). Study suggestion: go through the readings and video, lecture, and discussion notes; make an extended list of potential candidates (20-25). Choose 10-15 to concentrate and focus on in relation to what a good ID should be. YOU WILL HAVE A LARGE NUMBER OF IDs TO CHOOSE FROM, 5 out of 10-12. Each ID will be worth 10 points, for a total of 50 points. FOR EXAMPLE, in a class dealing with international security, an ID for Aum Shinrikyo would be as follows: Aum Shinrikyo was an apocalyptic Japanese religious cult that released sarin nerve gas in the Tokyo subway in 1995, killing 12 and injuring over 5,000. The ultimate goal of the cult was to bring about chaos on an international scale culminating in a nuclear war, as a means of ushering in the apocalypse. The 1995 attack was an effort to test methods of dispersing chemical weapons, a step towards achieving that goal. Significance: Aum Shinrikyo was the first non-state actor to successfully carry out a large-scale chemical weapon attack against civilians. The cult illustrates a new face of terrorism, post-modern terrorism. Post-modern terrorism is defined as groups without specific political or sub-national...
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...Word Module Page Strategy definition 1 Strategy evolution 1 Carl von Clausewitz 1 Adam smith 1 insivible hand 1 Competitive strategy 1 19; 20 Mintzberg 1 day-to-day operations vs strategy 1 Operationnal effectiveness vs strategic positioning1 Productivity frontier 1 mission, company 1 vision company 1 Strategic planning process 1 Leadership vs management 1 management vs leadership 1 Leadership definition 1 ethics and leadership 1 leadership and ethics 1 Friedman, 1 neoclassical economy 1 Sociioeconomic view of ethics 1 Stratetgy approaches 1 Appraoches to strategy 1 Rational approach, strategy 1 Ansoff 1 Processual approach 1 Loigcal incrementalism 1 planning vs crafting 1 crafting vs planning 1 Rational approach vs processual 1 evolutionary approach 1 Systemic approach 1 Startegic thinking 1 Strategic thinks vs planning 1 Startegic planning vs thinking 1 thinking vs planning 1 planning vs thinking 1 Fit vs stretch 1 Stretch vs fit 1 Levels of strategy 1 strategy level 1 Corporate strategy 1 Business strategy 1 functional strategy 1 global context of business 1 globalisation drivers 1 Competitive forces 1 technological forces 1 social forces 1 political forces 1 Globalisation challenges 1 Competition 1 distribution 1 macro-economic 1 socio-economic 1 financial 1 legal 1 Physical 1 Political 1 sociocultural 1 labour 1 technological forces 1 Globalisation...
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...Threats on the Existing Lakes/ Water Bodies in Dhaka Ishrat Islam (PhD) Associate Professor Department of Urban and Regional Planning Bangladesh University of Engineering & Technology September 26, 2012 “The ‘environment’ is where we live; and development is what we all do in attempting to improve our lot within that abode. The two are inseparable.” • Our Common Future • The World Commission on Environment and Development (WCED) • Click to edit Master text styles – Second level • Third level – Fourth level » Fifth level CONTENT Brief Introduction to Dhaka Value of Wetlands of Dhaka Threats on Water Bodies of Dhaka Dhaka: Planning & Development Control Prospects and Constraints Click to edit Master text styles Click to edit Master text styles to edit Master text styles Click Second level Third level Fourth level Fifth level Second level Third level Fourth level Fifth level Second level Third level Fourth level Fifth level Introduction to Dhaka 9th largest mega City with growth rate 4.2% Area :1528 sq.km The area of Dhaka expanded 17.88 times from 1951. And population had increased 25.09 folds. Climate change Impact (i) Floods/ drainage congestion (ii) Heat stress Dhaka Metro Area Click to edit Master text styles Why Water Bodies Like Lakes Flood Flow Zones Retention Areas are Valuable??? Second level Third level Fourth level Fifth level Total Economic Value of Wetland Use Value Direct Use Value Non-renewable/...
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...In this chapter you will explore Confessions of a COLLEGE STUDENT . . . ‘‘ ’’ BREE SCHIPPER, 29 Kalamazoo Valley Community College reading college textbooks more challenging than reading high school texts or reading for pleasure? College texts are loaded with concepts, terms, and complex information that you are expected to learn on your own in a short period of time. To accomplish all this, you will find it helpful to learn and use the active reading strategies in this chapter. They are intended to help you get the most out of your college reading. The following plan for active reading is designed to help you read college textbooks. When you read actively, you use strategies that help you stay focused. Active reading is different from readings novels or magazines for pleasure. Pleasure reading doesn’t require you to annotate, highlight, or take notes. But as you read college textbooks, you’ll use all these strategies and more. This plan will increase your focus and concentration, promote greater understanding of what you read, and prepare you to study for tests and exams. The four steps in active reading are 1. Previewing 2. Marking 3. Reading with Concentration 4. Reviewing The purpose of previewing is to get the big picture, that is, to understand how what you are about to read connects with what you already know and to the material the instructor covers in class. Begin by reading the title of the chapter. Ask yourself: What do I already know about...
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...Socio-economic Impacts of Tourism in Lumbini, Nepal: A Case Study Pradeep Acharya∗ 1. Introduction Tourism is a very familiar affair in human life. It has been an industry of vast dimensions and ultimately supports economic growth and social development. In order to promote tourism in Nepal, the ninth five year plan has made a 20 year long strategic programme. The main objective of this programme is to develop Nepalese tourism up to the desirable standard. As far as the 20 years long-term tourism policy is concerned, our government has decided to increase the arrival of tourists in average 12, 47,830 every year. And expected income of foreign currency to be 1663.6 million dollar every year. And the average staying of the tourists extended up to 15 days (Nepal Tourism Board, 2000). The Ninth five-year plan says the government is serious about the uplifting of Nepalese tourism, which needs great care and protection. "For the constant development of the Nepalese tourism, it has been commonly decided to give equal priority to some other factors, which do also affect the tourism sector directly. Such as development and expansion of tourism sites, necessary infrastructure for tourism, promotion of tourism market, improvement in civil aviation, protection of environment and involvement of private sector in the promotion of Nepalese tourism, etc" (The People’s Review 2001). Hence long term vision is to promote village tourism for poverty alleviation including ecotourism and domestic...
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