Apple’s External Environment External environment is the environment or surroundings outside of the company such as economic component, demographic component, technological component, sociocultural component, political/legal component, and global component (Chapter 2, Management Environment, slide 5). As for Apple, they have their own factors which is P.E.S.T. (Political, Economic, Social, and Technological) factors that affect them to make a decision-making process. These are the explanation about
Words: 541 - Pages: 3
Chapter 01 Taking Risks and Making Profits within the Dynamic Business Environment TEST PLANNING TABLE FOR CHAPTER 1 |Learning Goal | | | | | |LL:1 |LL:2 |LL:3 | | |Knows Basic Terms and Facts |Understands Concepts and |Applies
Words: 47334 - Pages: 190
to Cooper et al (1998), the crux of globalization is in the increase in world-wide business and trade between multi-national and trans-national corporations, irrespective of their geographical locations.” [ Mpofu : JBAS Vol. 1, No. 2, Sept. 2009 ]. Understanding it in an economic sense, globalization renders world-wide scope to changes in the Political, Economic, Social, Technological, Environmental and Legal ( PESTEL ) domains of national governments, resulting in increased inter-dependence
Words: 2479 - Pages: 10
Challenge Essay Contest Social Responsibility and Managerial Ethics A Focus on MNCs Prepared by: Kidus G.Mehalu Addis Ababa, Ethiopia August 2011 Social Responsibility and Ethics of MNCs The 2nd Peter Drucker’s Challenge Social Responsibility and Managerial Ethics -A Focus on MNCs . 1.1 Introductory Remarks Managers today are usually quite sensitive to issues of social responsibility and ethical behavior because of pressures from the public, interest groups, legal and governmental concerns
Words: 3216 - Pages: 13
258/female 1,806,000) (2014 est.) * Has a population of 45,745,783 b. Economic environment: Income levels, unemployment, infrastructure development, ease of doing business, etc. Regarding the economic factors we choosed to analyze some indicators, such as: GDP and its growth, per capita index, laws on import of goods and services, taxation system (and eventual tax incentives), labor force availability, and easy of doing business index. This analyses will provide a broad overview of the markets the
Words: 638 - Pages: 3
BEO 1252 INTERNATIONAL BUSINESS CONTEXT Assignment: Research Report – Open wholly owned subsidiary in Vietnam. Name: Van Huan Tran. 3897340 Vo Long Dang. 3877636 Tat Tuan Ngo. 3904251 Executive Summary: This report was developing to open wholly owned subsidiary in Vietnam. To provide a complete analysis to make sure information, this report will explore the summary of the business environment as the economy, legal systems, and cultural issues, as well as the government
Words: 3832 - Pages: 16
Role and Functions of Law Travis Martin LAW/421 Bernice Jenkins Role and Functions of Law The successful operation of business and society depends heavy heavily upon the function and role of law. Regulating behavior in respect to the general society is the primary purpose of law. Law establishes a protection of guidelines for mankind, animals, and the environment regarding safety issues and concerns. The term “law” has a variety of meanings for defining and describing it throughout history
Words: 1006 - Pages: 5
CHAPTER 3 ♦ ETHICAL BEHAVIOR AND SOCIAL RESPONSIBILITY ♦ Ethical Behavior- is that which is accepted as “good” and “right” as opposed to “bad” or “wrong” in the context of the governing moral code. Laws and Values as Determinate of Ethical Behavior * Personal Values- the underlying beliefs and attitudes that help determine individual behavior. * Terminal Values- are preference about desired ends, such as the goal’s one strives to achieve in life. Ex. Self-respect, family security, freedom
Words: 814 - Pages: 4
Two Business on Our Doorsteps and Similar Business in Different Worlds Student Name Student ID Date Two Business on Our Doorsteps and Similar Business in Different Worlds Introduction to the Businesses under Consideration: The study focuses on the analysis of two American-based companies. One an NGO whiles the other a profit making organization. The company AT&T is Telecommunications Company providing mobile services to its people while the other USAID is an NGO. These two companies
Words: 4310 - Pages: 18
BUSI 3704 A: The Environment of International Business Topic Review What does Population Ageing mean for International Business? December 2014 What does Population Ageing mean for International Business? (see also lecture notes on this topic) (1) Manifestations of Global Population Ageing (2) What is population ageing? (3) What are the patterns of population ageing across the world? (4) What countries are specifically affected by population ageing? (5) How do societies
Words: 1470 - Pages: 6