...from wastes generation due to increased production of fashion products to the use of toxic materials in the production of fashion items. In addition, the industry has also been faced with the problem of the growing problem of widespread use of unsustainable materials such as non-biodegradable materials that are not usually easy to recycle as well as the current energy consumption to the release of millions of tons of greenhouse gasses released during the manufacture of fashion and textile products. It is widely believed that many of these sustainability challenges and issues are largely attributed to the recent increased flow of a diverse range of fashion products particularly clothing and textiles in the UK market. For example, recent statistics indicate that that up to 3.2 million tonnes of fashion related products like clothing and textiles currently flow through the country each year . Generally, the environmental impacts of the fashion sector mainly include its high contribution to the climate change in the form of the increasing requirement of fossil fuels required in the generation of energy used in the industry such as in the production and manufacture sectors. For example, the intense production of fashion items to meet the growing demands has often resulted in increased consumption of energy. Although the fashion industry has been in the forefront of the move towards the adoption of ethical fashion and changes in the way we treat our environment, many of these changes...
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...Country Profile Series United Kingdom In-depth PESTLE insights PESTLE Country Analysis Report: United Kingdom REFERENCE CODE: ML00002-031 PUBLICATION DATE: May 2013 WWW.MARKETLINE.COM MARKETLINE. THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED ML00002-031/Published 05/2013 Page 1 © MarketLine. This report is a licensed product and is not to be photocopied OVERVIEW Catalyst This profile analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure in the UK. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects, and future risks. Summary Key findings The UK has a strong democratic system, but differences between coalition partners in the incumbent government pose a challenge The UK adheres to a democratic, parliamentary system of governance known as the Westminster system. This system ensures adequate distribution of power between the executive branch led by the prime minister, the bicameral legislature and the judiciary. Growing ideological differences between the Conservatives and Liberal Democrats in the current government is making the coalition vulnerable. Tensions between pro-Europe Liberal Democrats and euroskeptic Conservatives continue to plague British politics. Further, conflicting views on issues such as welfare reforms, immigration and the economy are straining relations. The UK economy is developed, but rising government debt...
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...the influence of two contrasting economic environments on business activities within a selected organisation. M2: Compare the challenges to selected business activities within a selected organisation, in two different economic environments. This assignment is asking me to describe the influence of two contrasting economic environments on business activities within a selected organisation. Nike is a global brand specialising in the design and manufacture of athletic apparel, footwear, accessories and equipment; it is headquartered in the United States, Europe, and the Asia Pacific Region. Its products are available through over 20,000 retail outlets, including those in its own footfall outlets, e.g. Nike Factory stores. This study considers the contemporary business environment of Nike using a PESTLE approach, paying particular attention to any human resources management (HRM) issues that may arise under each heading. Overall, it is argued here that Nike has attempted to address various business and social challenges by harmonising its value proposition to ‘Consumers, shareholders, business partners, employees, and the community.’ There are many external environmental factors that can affect your business. It is common for managers to assess each of these factors closely. The aim is always to take better decisions for the firm’s progress. Some common factors are political, economic, social and technological (known as PEST...
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...East Asian Governments and Politics Term Paper April 30, 2015 Social Enterprises in China’s Modern Society Introduction The concept of social enterprises has been in existence and well adapted around the world for several decades. However, it was not until 2004 that social enterprise theory finally made its debut introduction in China’s society (FYSE 4). Over the following years, social entrepreneurship has gradually made its presence more apparent via direct contribution to the social-economic issues that the rapid-growing country has been facing. China’s phenomenal economic growth in such a short period of time has raised great concerns over sustainability and economic disparities. While the growth of social enterprises has helped addressing these concerns substantially as reported by many conducted studies, social enterprises remain as struggling entities in China due to complicated legal frameworks. The paper will deliberately discuss this social enterprise phenomenon on past successes, current challenges, and future potentials in its supporting role to an economically sustainable growth of China. Understanding the Social Enterprise Initiative Social enterprise is still considered a relatively new concept in the modern society despite being around for around three decades. The theory of social enterprise is most well recognized and embraced by the United Kingdom and other Western nations. A social enterprise is understood to be the meeting ground for philanthropic...
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...Final Global Business Paper MGT 448 Abstract Businesses across the globe are constantly reviewing their potential options through international operations. They must ensure their visions for new ventures are conducive to their long-term goals in addition to the goals and direction of the regions they are interested. Conducting various analyses will allow companies to solidify their position and direction for the future. In addition, the conduction and review of risk analysis involving various critical factors aid any business when determining the feasibility of any new organization venture. Every business must scrutinize every aspect of their prospect operations to ensure they have covered every single component to ensure maximum success going forward. Once companies have gathered the necessary information through their research, they can properly assess the feasibility of their vision and make an appropriate decision. Comprehensive Analysis The fast food industry is continuing to grow and expand throughout the world, and each company is contemplating their role and position within this competitive environment. Chick-fil-A is no exception to this movement and is currently the number one fast food chicken venue in the United States. Despite their regional popularity, they do not have a significant presence in the international market for fast food. As Europe specifically the UK continues to add more fast food chains, Chick-fil-A has set their sights upon this market to...
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...includes the innovation in technological accessories, customers relationship, employee relationship, safety and security of stake holders and so on. Introduction: Any business has challenges from different elements like globalisation, information and technology, socio and cultural factors, political factors and so on. To meet these challenges a clear strategy is very crucial for any organization. A strategy is a clear vision of what the organisation will be based on a sustainable competitive advantage. Actually, strategy is a road map for future directions and scope. It is a long range plan for five years and more. It develops mission, objective and goals for an organisation. To develop an effective strategy any organisation must set an account with different factors. Environmental analysis, present analysis, strength, weakness, opportunities and so on are the factor through which a strategy can be developed. Part 1 1) Identify the mission, Values and key objectives of an organisation within its environment. The mission statement of British Airways is “To be the undisputed leader in world travel for the next millennium”. The values of British Airways: Honest. Reliable On time Good service Objectives of British Airways: British Airways based in London is the largest airlines in the United Kingdom and provides daily flights to more than 400 cities world-wide. Like most large...
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...July 2011 European growth and renewal: The path from crisis to recovery The McKinsey Global Institute The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey & Company, was established in 1990 to develop a deeper understanding of the evolving global economy. Our goal is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Our “micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on four themes: productivity and growth; the evolution of global financial markets; the economic impact of technology and innovation; and urbanization. Recent reports have assessed job creation, resource productivity, cities of the future, and the impact of the Internet. MGI is led by three McKinsey & Company directors: Richard Dobbs, James Manyika, and Charles Roxburgh. Susan Lund serves as director of research. Project teams are led by a group of senior fellows and include consultants from McKinsey’s offices around the world. These teams draw on McKinsey’s global network of partners and industry...
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...Globalisation NIKE – just do it Introduction Nike, Inc. is an incorporated company that designs, develops and markets worldwide athletic footwear, apparel, equipment and accessories. Nike is the biggest seller of athletic footwear and athletic apparel in the world and creates designs for men, women and children. Nike employs both traditional and non-traditional distribution channels in almost 200 countries with primary market regions in the United States, Europe, Asia Pacific, and the Americas. Nike has some 20,000 retailers worldwide including Nike factory stores, Nike stores, Nike Towns, Cole Haan stores and Web sites which sell Nike's sports and leisure products. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Skateboarding, and subsidiaries including Cole Haan, Hurley International and Converse. Nike accounts for 33% of the global market share in the athletic footwear industry. Nike sponsors many high profile athletes and sports teams around the world with the highly recognized trademarks of Just do it (www.nike.co.uk). GLOBALISATION: Globalisation is defined as the micro- phenomenon where there are a free flow of capital efficiency, technology and other factors of production which promote world welfare in its strides. (Nande and Dias, 2007.,p.2) KEY DRIVERS OF GLOBLISATION: there are three main factors which motivate the globalisation of markets and production which are explained as under: Falling barriers to trade...
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...Nuances in Bulgarian business culture in comparison with the United Kingdom’s Course work in Cross-cultural issues in the European Human Resource Management Prepare by: Dimitar Arnaudov, Faculty number: 1523078 Course: European business and Finances Sofia, 2015 1. Differences between national cultures. Authors, studies, etc. 2.1. Culture (def.); Culture differences. 1.1.1 Culture – def.; 1.1.2 Culture differences. 1.1 Authors and studies related to business culture. 1.2.1 Geert Hofstede; 1.2.2 Famous studies around the World. 2. Similarities and differences between the business cultures of Bulgaria and the United Kingdom. 2.1. Bulgarian business culture; 2.2. British business culture in comparison to Bulgaria’s . 3. References. Differences between national cultures. Authors, studies, etc. Culture (definition) and culture differences Culture illustrates the accepted norms and values and traditional behaviour of a group. One definition of culture by Deal and Kennedy is “the way a we do things around here”. However, culture also evolves over time. The culture of each country has its own beliefs, values and activities. In other words culture can be defined as an evolving set of collective beliefs, values and attitudes. Culture is a key component in business and has an impact on the strategic direction of business. Culture influences management...
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...Human Resource Management Table of Contents Consultant Report 1 2 Introduction 2 Human Resource Theories and Current Market Place Trends 5 Human Resource Theories 5 Current Market Place Trends 9 Strategies To Be Implemented For The Next Ten Years 11 Recommendations 12 Conclusion 13 References 14 Consultant Report 2 17 Introduction 17 Human Resource Theories and Current Market Place Trends 19 Human Resource Theories 19 Current Market Place Trends 22 Strategies to Be Implemented For the Next Ten Years 24 Recommendations 26 Conclusion 28 References 29 Consultant Report 3 32 Introduction 32 Human Resource Theories and Current Market Place Trends 34 Human Resource Theories 34 Current Market Place Trends 38 Strategies to Be Implemented For the Next Ten Years 40 Recommendations 41 Conclusion 42 References 43 Consultant Report 1 Introduction The term ‘trade union’ is referred as an association which includes variety of members consisting of both workers and union leaders among others, integrated to defend and endorse the universal interests. Trade union acts as a weapon for the labourers or workers to fight for their own rights against the management of an organization. The prime objectives of a labor union may include bargaining about wages and provisions of working circumstances, legalizing the relations in between workers and owner, taking necessary actions for implementation of the policies of communal bargaining...
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...P5 In the following report I will discuss how different changes in economic climate effect the activity of a business in two different countries. Furthermore, I will discuss how different aspects of economic theory effect how Apple and RSCPCA operate in The United Kingdom and in India. Apple Inc. Apple is a global electronics manufacturer based in the USA and founded in 1971. Apple produces and sells luxury electronic products including consumer electronics, online services, computer software and personal computers. | United Kingdom | India | GDP | $2.902 trillion | $2.047 trillion | GDP per capita | $41,092 | $1,625 | Inflation | 1.2% | 9.3% | Unemployment rate | 6.0%, 1.96 million | | Population | 64.1 million | 1.25 billion | Exchange rate ( US$) | 1.57 | 0.016 | Interest rate | 0.5% | 7.75% | The economic cycle The output of an economy is the total value of the goods and services produced in that economy. The ripple effect The ripple effect, also known as the multiplier effect, is when an action in the economy causes a bigger overall effect in the economy. Population The population of a country is defined by how many people live in that country. UK: 64.1 million India: 1.25 billion India has a huge population which is much larger than the population of the UK. This means that Apple will have much more potential customers in India and therefore there will be a higher volume of demand in India for Apple products. Inflation...
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...Corporate Social Responsibility: Shell Introduction An Overview to Shell Shell is a global company dealing in energy and petrochemical products. The company has its operation spread in more than 80 countries and has employed around 90,000 employees. The organisation helps to satisfy the rising energy demand in socially, environmentally and responsible way. During last few years, corporate social responsibility has been gaining more and more prominence and Shell had been one of the first organisations to weave corporate social responsibility into the firm’s business Philosophy. The group undertook a number of projects which all aimed at the sustainable development of those regions where the company carried out its operational activities. Across the globe, the Shell foundation, which was founded with an initial endowment of USD 250 million from Shell, has been actively involved in a number of sustainable development projects. The group’s initiatives were well appraised by World Environment Council. Corporate Social Responsibility Modern business is oblige to satisfy demanding environmental, ethical, commercial, ethical and public standards as specified by the wider society (Crane et. al., 2007; Burchell, 2008). It is an appraised fact these days that economic value enhances through voluntary cooperation between the companies and its stakeholders (Schwartz, 2011; Bacher, 2007). In Nigeria Delta, Shell has been accused of poor stakeholder management (Idowu...
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...COMMON ASSESMENT: CASE ANALYSIS Submission 21st February 2001 Present an in-depth comparative analysis of two firms operating in two different countries. In the case analysis compare and contrast the differences in political, ethical, economic and legal differences and their impact on management decision making. Introduction: The aim of this paper is to identify the key political, ethical and economic differences between Apple, based in the USA and Shell, based in Holland, and then compare the differences based on management the individual decision making processes in the subject countries. The ethical conditions will also be discussed, with regard to laws on corporate social responsibility of the companies, as well as the environmental laws of the countries and the impact on the companies. Shell Holland Royal Dutch Shell plc, also known as shell, is a global group of energy and Petrochemicals Company with more than 100,000 employees in almost 90 countries. Shell is a worldwide oil and gas company, which is headquartered in the Netherlands and with its registered office in the United Kingdom. It is the largest energy company and the second-largest company in the world measured by revenues, It is management controlled and is active in every area of the oil and gas industry, that includes exploration and production, refining, distribution and marketing, power generation and trading. It also has major renewable energy activities, hydrogen, solar...
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...Evaluate the impact on the cultural differences Cadbury’s has faced having traded in chosen country. (D2) I will be evaluating some problems which Cadburys have face in regards to cultural differences. I will be looking at a number of problems and issues which Cadburys have faced when going to do business in India for instance their belief systems, language, environmental systems and so on. Language When Cadburys enters India, they must make sure that at least one of Cadburys representatives must know Hindi (India’s common language). even though the most common language used in the world of international business is English, India have an incredibly low command of the English language, so it becomes very helpful when there’s a member of staff that speaks the language. It’s in Cadburys best interest to attain the best deals, create agreements and form negotiations and without a common language this can become very difficult and result to mislead information and translators are very costly. When operating in India, language could also be incorporated with the human resource sector of business. The language amongst management and employees needs to be the same no matter if it’s transferring staff or local staff, or else human resources activities will not be able to function at all. It is also crucial that Cadburys label there goods in a local language and also a description in a local language, ingredients etc. all have to be in a the local language. Belief Systems Religion...
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...Introduction The purpose of this report is for the writer to reflect on a business ethic decision that a company undertakes and the impact that the decision has on its stakeholders and what effect the business decision has on the reputation of the business. The writer will also recommend a solution to the problem and discuss the future of such a decision. Uber is a high-tech, online transportation company with headquarters in San Francisco. It brilliantly connects the transportation industry with technology via an app. Customers can use their mobile smart phones to request a trip which is then routed to drivers that owe their own vehicles. Uber prides themselves as leaders in the corporate social responsibility world. Writer will investigate why Uber do not pay corporate taxes. Uber as a leader of a corporate social responsible company If one looks at Uber’s business model one can see why Uber pride themselves as leaders in the corporate social responsible world. Uber enables people to efficiently uses capital and they also enhance consumer welfare by reducing consumer’s incentives to purchase automobiles; ensuring them saving money but also help reducing environmental harms by having less automobiles on the road. They also opened the possibility of maybe opening car park spaces to new environmental friendly uses. Uber offers ease of ordering, certainty of car arrival time, ability to see the route taken, ease of payment, and quality control (vennli.com). Uber’s...
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