STAKEHOLDERS For this assignment I will identify and explain the external factors that affect two contrasting businesses which are McDonalds and NHS. TASK 1 - POLICITCAL FACTORS Political Political factors are the changes that take within the government and that’s how it affects businesses. The stability of the government can hugely affect businesses or what type of government is ruling, their ideas such dictatorship, capitalism and others. The economic and trade policy makes it difficult for businesses. Credit crunch and recession are great examples of external factors influencing the business.
By air, sea, highway, train, and/or Internet) which are used to connect the locations. These “two part” distribution channels would be considered more complex in their structure, while a more simple distribution channel would have only one location for supply and one source of demand, or even more simple, one location for both supply and source of demand. If the distribution channel is too convoluted (too many points during its travel) the product and/or service to be provided can be delayed. If within the distribution channel there is a weak-link, the product and/or service will not reach
This wastes time and the costs are even greater when subjects switch to tasks that are less familiar. According to Shannon and Weaver’s mathematical theory of communication, each element of specific information that travels within a
Define Research Purpose The international sales research is important to the marketing and sales team that works in companies that sell products and services to overseas countries. Due to the cross cultural difference, the research interprets market behavior and helps strategize sales and marketing tactics for the company (Craig, 1999). The research also investigates cultural variation to help the company obtain a larger advantage to sell their product and service to the oversea companies. The Business Problem
BUSN 427 Global Issues in Business Complete Course Material http://www.homeworkwarehouse.com/downloads/busn-427-global-issues-in-business-complete-course-material/ BUSN 427 Global Issues in Business Complete Course Material Week 1 DQ 1 Although the lowering of trade barriers made the globalization of markets and production a theoretical possibility, technological change made it a tangible reality. How have changes in technology contributed to the globalization of markets and of production? Would the globalization of production and markets have been possible without these technological changes? How does technology create global opportunity? Week 1 DQ 2 A democratic political system is an essential condition for sustained economic progress.
International Trade Simulation Darlene Traci Kepner XECO/212 June 17, 2012 Jim Vernon International Trade Simulation I am advising International trade recommendations for the President of Rodamia. The advantages of international trade and investments imports will create a wider variety of products which will give them a choice in price and quality. Domestic producers can expand and sell their products to other countries creating jobs, capital, and new investments, increasing the economy. When trading you have to look at the opportunity of cost production this is what defines the comparative advantage in which a country can produce a particular good or service at a lower marginal price, compared to another country; basically a choice
In the last 30 years or so, business communications have taken a definite global turn. Business relationships and communication are important on a global scale and understanding the others culture is an important part of knowing how to communicate effectively. Knowing the particular culture of those you are attempting to do business with can make a real difference in how business is conducted and the success or failure of your attempts. Through research, Geert Hofstede noticed differences in national cultures in 5 basic areas: power distance, individualism vs. collectivism, uncertainty avoidance, masculinity vs. femininity and long term vs. short terms orientation. Having an understanding of these differences and the part they play in cross cultural communications allows a business professional to be able to adjust their style of doing business to better mirror the way the other nation does business.
International Trade Simulation Warren Combs XECO/212 March 25, 2012 International Trade Simulation The world’s economy has shown, historically, that its ability to survive depends strongly on the relationships between all countries. The world’s economy of today has become so interdependent that the progress of every countries economy depends solely on its ties with other countries. When countries require markets for its goods and services and these markets are not available from nearby countries, international trade has been and continues to be the primary solution for preventing countries from being isolated; because international trade allows the sale of each countries surplus products and services. The U.S. has mutual relationships
Culture Appropriation After reading through the different articles and text, I’ve come to the conclusion that culture appropriation is basically not having enough thought to someone else’s culture. There is much confusion when it comes to the meaning of cultural appropriation. The literal meaning begins with Culture-Anthropological: the sum total of the attainments and learned behavior patterns of any specific period, race or people; Appropriation's meaning is to take for one's own use. It can be taken and used in many different ways, such as comical, offensive, or even just plain wrong. Me personally, I’ve found some funny but mostly it’s just offensive and lack in poor taste.
Globalisation Globalisation is the phenomenon whereby the trading of information, merchandise, services and ideas is instigated on a global scale. The roots of globalisation would appear to be mainly grounded in international trade and many see it as solely a capitalist enterprise, which serves only to further line the pockets of first world entrepreneurs. The term is increasingly used, however, to describe the growing interconnectedness of people globally in terms of the sharing and utilising of aspects of art, science, culture, psychology, technology and political thought on a global scale. Globalisation has positive and negative aspects and its effect on the human population is difficult to pinpoint, as it exists in a rapidly changing