Checklist for P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. You should include the following in your coursework Write an introduction into what you have been asked to do choose the business you used in P5 i.e. operates here in the UK and abroad Write about the following for BOTH countries You now must describe how the political factors, legal and social factors affects the business: You
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following topics (Economic, Demand, Supply, Changes in Supply and Demand or Government interaction) and cover the points below: Economic Outline * Describe the importance of stability in each of the economic environments. * How do changes in the different economic environments impact the business (growth, recession, ripple effect)? * Describe the levels of inflation in each of the economic environments. * What is the availability and cost of credit in the different economic environments
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P6 Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders You need to select two business environments for this assignment. In your introduction give a description of what recession, recovery and growth are. Growth – this is currently taking place in China, Russia, India and Brazil where lots of new businesses are starting and other businesses growing. It was taking place in the UK prior to 2007
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in the business section of the Gulf News. The Newspaper has asked you to put together a small guide for the readers to understand more about two businesses. They want you to focus on two contrasting companies; this can be your choice. The purpose of the article is to contrast two businesses in respect of their business purpose, ownership type, organizational structure and their strategic planning; the newspaper wants to help readers understand more about businesses. The second business must be
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Level 3 Unit 1-P6 Describe how political, legal and social factors are impacting upon the business activities of the selected organisation and their stakeholders Political impacts Political stability is usually defined as the state of peace that is normal experienced in a country from the activities from the government and also the government in this situation will make decisions and keeping the best interests in mind for people. The conservative party that is normally referred as the Tory party
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P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders All businesses and corporations will face external factors that impact the business activities and stakeholders of a business. These factors of changes can be political, legal, and social within the business environment. Politics is a process by which groups of people make collective decisions. These decisions can affect businesses as well as the working
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P6 Describe how political, legal and social factors affect McDonalds Political Factors in UK Political factor is one of the main factors for McDonalds as it allows them to have the knowledge of how the economy is and also allows them to predict how to move forward with their business and expand it. The political stability in the UK is stable due to the fact they have a stable government because the inflation is at 2% which allows McDonalds to run their business successfully as the economy is
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Political, Legal and Social Factors Task P6: Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders Each businesses have different factors which will influence how that will impact the business activities. Tesco for example have a lot of factors which they need to consider so they can have a successful business, these factors are: Political factors Legal factors Social The political factors are the
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P6- Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. For this criterion I will be explaining how different political, legal and social factors have an impact on two businesses, these two will be Shenley Academy and Cadbury I will be also talking about how these factors affect each businesses stakeholder. Shenley Academy Political EBAC (English baccalaureate) is a political factor that is affecting
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P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political Factors: Tesco Government support with an organisation as big as Tesco's there will be many topics that may affect them. For instance political. This could include government support, provide, enhancing skills of the working population of Tesco's which may include training days or induction days if you have just been previously employed
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