More worried about legal because it decides what they can and can’t do. The economy would affect them both, but most of the items listed above would affect them both different since they are in such different markets. They would be related in ecological though with the green movement I feel. Since Home Depot is pretty well diversified in their store they would be able to weather the storms of bad sales better than Ford. Ford is in a Market with lots of competition and regulations from government and what they can and can’t sell.
Layoffs increase unemployment and decrease consumer spending in all sectors. Less spending means more revenue loss, perpetuating the cycle. Shoplifting affects the economy because it means the store is losing money. When stores lose money, the raise their prices. This causes people to have to pay more for products.
Individuals are losing jobs and the government have to spend more money of benefits. They collected back less from taxes and VAT. Businesses are cutting back on productions but for some customers is good if they have money because the prices are falling as well as inflation. At the boom stage the GDP (Gross Domestic Product) are the values of
In addition, such a development could cause financial and capital markets within and outside Europe to constrict, thereby negatively impacting our ability to finance our business, and also could cause a substantial dip in consumer confidence and spending that could negatively impact sales of vehicles. Any one of these impacts could have a substantial adverse effect on our financial condition and results of operations.” (www.sec.gov) I believe this statement represents the Political PESTLE force for Ford Motor Co. because it demonstrates the company’s vulnerability in the global economy based on the financial stability of countries and regions in which the company operates. Whether the financial instability is due to political unrest, economic turns, or other factors, it is a major contributor to the company’s success. Ford must pay attention to the well being of the countries in which it operates,
International Trade ECO 372 University of Phoenix There are many contributing factors to the stabilization and prosperity of our global market. We, the United States, are living in a time of severe trade deficit, meaning that we are importing many more goods than we are exporting. While it is nice to be able to buy foreign products at a lower price, there is risk in doing so. When we purchase foreign goods over domestic at lower prices it forces our domestic companies to sell their goods at lower prices to remain competitive. These lower prices may lend to making enough profit to sustain the current workforce.
congress made a decision to enact a plan that would re-grow the economy. The idea is in the near future the consumers who were affected by the sub-prime lending practices that put homeowners in over the top would begin to feel relief from the unpaid loans provided. In turn, those consumers would begin to spend frivolously again. However, the plan does not account for the average consumer like me. I work two jobs and maintain my financial responsibility.
Buy nothing day will also save money and time. Buy nothing day will also encourage an ethical understanding of the consumerist lifestyle. For example, the recent economic recession proves to be a disaster for many families. During the recession, the consumerist lifestyle became unsustainable as markets crashed and employees lay off. Developed nations consume a lot.
The share price is also likely to drop during recessions, which may lead to the shareholders not wanting to re-invest in business. This may cause the Jaguar to have lower budgets which may force them to decrease their prices. Nevertheless that is unlikely to happen as Jaguar is s premium brand, and reduction in prices will mean the business will lose their high standard image in the eyes of audience, which will cause them to drop from premium brand as lower prices would mean a wider range of society will be able to buy them, causing them to become more popular leading Jaguar cars unable to be a higher demanding positions as the image of the business would become standard as oppose to premium. In addition, their low prices will reflect their struggle with budgets and problems with cash flow,
What happened if your car broke down? You wouldn’t be able to have anyone look at it until the next day. Overall, the Buy Nothing day would cause many complications for transportation. The idea may come up that if we put the Buy Nothing day to use in the United States, stores would not close down and it would help the society economically recover; however, stores may lose money and may not be able to recover. Some stores may depend on a daily consumers to buy from their stores.
Outline the major macro-environmental factors – demographic, economic, natural, technological, political and cultural - that have affected the Prius sales. How well has Toyota dealt with each of these factors? Demographic: The Toyota emphasized the Prius was environmentally friendly and fuel efficient. At the beginning, however, the function and the sticker price of the Prius were not competitive compare to the other brands, as a result most of people did not want to take the risk to buy the Prius. Therefore, for starters, the Prius targeted possible potential customers to the people who were attracted