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.
The continued power grab will destroy the capitalist system shackling the limbs of the free market. The regulation imposed creates factions limiting the ease of market entry. The environment that our American business calls home must remain competitive assuring quality goods to consumers while encouraging technological advancements. The path our federal government is currently on is a path of non-democratic regulation that is a threat to the growth and prosperity of our country. It is simply a matter of the true meaning of the Constitution, specifically the commerce clause that must be addressed.
The international context appears to possess the information on high quality standards (Schroeder, Clark, & Cathey, 2011). The legal and institutional obstacles that are inhibit by the foreign countries. This includes private litigations against the foreign firms. Next reason is the United States will not compare to the foreign country is the politics. There are different thought processes from the foreign countries, which include the socialist, the democratic, and the totalitarian in how the cash should be spent and separated (Schroeder, Clark, & Cathey, 2011).
Additionally, the economy was not balanced and Herbert Croly devised a plan to regain this balance through federal regulations. He stated that the government would regulate corporations, unions, small businesses, and agriculture in the national interest.
Terrorism- a nationalist response to the effects of globalization Globalization of economy politics and social issues has made people and groups more insecure and uncertain. One main consecuence of that insecurity is to look for a personal identity and to search for a cultural identity. Globalization is the phenomenon that explains growth to a global or world wide scale(wordnetweb.priceton.edu). Nationalism is the loyalty and devotion to a nation; especially: a sense of national conciousness (www.merriam-webster.com/dictionary/nationalism). 1.
“The United States have always protested against the doctrine of international law which permits the subjugation of the weak by the strong. A self-governing state cannot accept sovereignty over an unwilling people. The United States cannot act upon the ancient heresy that might makes right.” ( Halsall, 1997) They felt that the American Consitution and Declaration of Independence were being violated. The outcome of this policy took with it into the 20th century a more expanded foreign trade policy. American imperialism led to the overseas empire being both territorial and commercial.
How and to what extent has globalisation diminished the sovereignty of the UK Parliament? Sovereignty within the United Kingdom was historically controlled by the monarchy and government, in the midst of criminal and civil law, trade and industry, and taxation all within their scope, however in the last century sovereignty has slowly diminished due to influences from overseas and globalisation. Globalisation is a complicated term to define because not only does it refer to the mergence of two countries economically but through education, society and politics. Globalisation integrates many people of all nations through the common medium like the economy. The extent to which globalisation has diminished the sovereignty of the UK parliament
Soon thereafter came the collapse of white colonialism. That minorities sought to improve their position within their society is not what concerns Mr. Schlesinger, however. In discussing this "unprecedented ... ethnic upsurge", he asserts that what "began as a protest against the Anglocentric culture ... became a cult, and today it threatens to become a counter-revolution against the original theory of America as "one people," a common culture, a
Bringing over not only their bodies but also their economic instability, they make it difficult for other immigrants to naturalize in our country. Therefore, certain individuals like Mr. Huntington are made to believe that economic prosperity is necessary for
(always demonstrations when they meet) * Bank of last resort: countries in trouble have no other option * Lends money rather than gives money (countries that it helps already have too much debt) * In order to get a loan, the country must often make sweeping changes, like not subsidizing food * Viewed as the rich countries dictating to the poor countries The Washington Consensus * A conspiracy theory * World Bank, IMF and US government are all headquartered in Washington * US “big businesses” run the US government, which in turn controls the IMF and World Bank (voting rights depend on how much financing each country puts into the WB and IMF; based on GDP – the USA puts in the most financing and therefore has the most power) * Consequently, some people think big American companies control the policy and the fate of poor countries; for example, all economies should be strictly capitalist **International rule maker for fair trading World Trade Organization (WTO) * The only international organization dealing with trade between nations on a global scale * Location: Geneva, Switzerland Established: 1 January 1995 Created by: Uruguay Round negotiations (1986-94) of the