Unit Title: The Business Environment Guided Learning Hours: 160 Level: Level 5 Number of Credits: 18 Learning Outcome 1 The learner will: Understand the significance of the environment on business activity. Assessment Criteria The learner can: Indicative Content 1.1 Explain the features of business activity. 1.1.1 Explain the business organisation as a transformation process. 1.1.2 Describe the different ways in which a business may structure its activities. 1.2 Discuss the complex
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specializes in the range of products including jewelry, furniture, house hold items, footwear, clothing and other related items.It also offers online shipping services to the clients in large numbers of countries. The company currently operates in four business segments including Macy’s, macy.com, Bloomingdale’s and Bloomingdales.com (one source, 2011). The company’s stocks are listed in the New York Stock Exchange under the symbol M (Macy’s Inc, 2011). The current market capital of the company is over
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Corporate social responsibility and minimum legal expectation Over the last few decades, the issues of corporate social responsibility have become the focus of society. Especially after many company scandals emerged (such as Enron and Libor scandals), the public are more curious about the CSR and the its legal expectation. Some countries have already set mandatory regulation about the CSR. For example, in Australia the Corporations Act 2001 stated that companies need to disclose environmental
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Chapter 5 Social responsibility and Managerial Ethics WHAT IS SOCIAL RESPONISBILITY? Two views of social responsibility The classical View * The classical View says that management’s only social responsibility is to maximize profits. * Management’s only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners of the corporation). * Expanding the firm’s resources on doing “social good” unjustifiably
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early as 2014. Consideration for implications to global business environment: The session for first sub-theme considered the issues of improved global governance as way of addressing world problems. This discussions focused on gauging the scope for greater linkages between trade and other features of global governance. The global trade regime and global finance for better coordinated and developed in 21st century architecture of global economics governance. The Human Rights Impact Assessment (HRIA)
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external environment Introduction Businesses have a number of objectives. Typical examples include: • winning the biggest share of the total market • increasing sales • satisfying customers • making profit for shareholders. A business’ ability to meet these objectives depends on two main groups of factors: i. the internal strengths of the organisation – for example being able to make the right products in an efficient way ii. being able to identify external influences in the business environment and
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market. Introduction of the Business The Ford Motor Company is an American Multinational Automaker, specialising in the manufacturing and sales of a wide range of vehicles. Headquartered in Dearborn Michigan it was founded by Henry Ford in 1903. He is not only responsible for the creation of this international brand and business but also one of the most revolutionary manufacturing techniques known today as ‘Fordism’, a notion of modern economic and social system based on an industrialised
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MGT 106 (Credit hours 3) International Business BBA, Third Year, Sixth Semester Course Objective The course aims to help the students in understanding the basics of international business and its environment, and develop the analytical skills required to compete effectively in this environment. 1. Overview of Global Business 4 hours Meaning of international business and globalization, drivers of globalization, overview of changing global picture: declining trade barriers
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UNIT 5 INDIVIDUAL PROJECT BUSN105 – Introduction to Business by La’Ketica T. Moore AIU Online April 22, 2013 Abstract In this unit I was asked to describe an organization basic legal, social, and economic environment. I am asked to describe the management structure and its operational and financial issues. Research and identify the impact of potential change factors including the role of technology. UNIT 5 IP Introduction The organization that will be discussed in this paper
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The Total Environment of the Firm Educational factors • Literacy level – the percentage of the total population and those presently employed in the industry who can read, write and do simple calculations. • Specialized vocational and technical training and general secondary education – the type, quantity, and quality of persons obtaining such education or training and the proportion of those employed in industry with such education and training. • Higher education
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