We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Intro to business Past exam paper - Coursework Example

Comments (0) Cite this document
Summary
1. (i) Business environment, the total surroundings which have a direct or indirect bearing on the functions of an organization, includes internal and external environment. Internal component includes strategic competitiveness, capabilities, resources and core competencies within any organization…
Download full paperFile format: .doc, available for editing
Polish This Essay91.4% of users find it useful
Intro to business Past exam paper
Read TextPreview

Extract of sample
"Intro to business Past exam paper"

Download file to see previous pages It includes variables like suppliers, customers, competitors and public. On the other hand, macro factors are those that have an indirect impact on the business, also known as PESTEL. It includes factors that create opportunities and threats to business and is categorized as the far environment. These include variables such as political, environmental, socio-cultural, technological, economic and legal. (ii) The purpose of macro environment analysis is to determine the opportunities and threats to the farming industry as a whole and those outside the control of the company. External factors that affected the agricultural industry includes economic, technological, socio-cultural, environmental and political. All factors were considered as they play a part in determining the overall business environment. Economic factors include inflation rate, growth in spending power, exchange rates and economic growth. Opportunities can be that higher national income growth may boost demand for a firm's products and chances for expansion increases. On the other hand, a strong currency may make exporting more difficult as prices in terms of foreign currency rises. Also inflation may provoke higher wage demands from employees and raise costs. With respect to technological factors, internet played a crucial role and gave way to online orders and delivery systems. Opportunities in the future may include complex operational systems installation that may cut down on labor costs, improve quality and lead to new innovations and make it attractive as a segment. Threats can be the probable advancement of technology making prior systems obsolete. Socio- cultural factors played an equally important role in farming industry. Change in trends where consumers demand for fresh products provided business opportunities to farmers and provide scope for innovation. Entertainment dimension added onto the development of this industry. However, trends changes and there exist a niche market that demands such products which might get concentrated. This can thus pose as a threat to agricultural industry. In Environmental factors, Physical factors of climate relief and soils affected the business positively. With major climate changes and greater environmental awareness this external factor is becomes a significant issue for firms to consider. However, going for environmental friendly products and processes can create business opportunities now and in the future as well. Threats can be Laws on waste disposal, energy consumption, pollution monitoring etc. that would add to the cost of the businesses operating. 2. (i) Two main sources of U.K. laws include Legislation (Statue Law), Common Law (Judge-made Law) and the European Communities law. Legislation are most authoritative and passed by parliament whereas common law includes cases where there was no judicial precedent but which were known to exist since time memorial. Company law, or corporate law, of U.K. can be broken down into two main fields. Corporate governance in the UK mediates the rights and duties among shareholders, employees, creditors and directors. Corporate finance concerns the two money raising options of incorporators the above mention laws can directly affect the operations of Ford Company in UK. (ii) There are broadly four types of business ownership. The most basic form is sole proprietorship. It is owned by one person who is the in charge of day-to-day activities of the business and owns all the assets and bears ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Intro to business Past exam paper Coursework Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/statistics/1424681-intro-to-business-past-exam-paper
(Intro to Business Past Exam Paper Coursework Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/statistics/1424681-intro-to-business-past-exam-paper.
“Intro to Business Past Exam Paper Coursework Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/statistics/1424681-intro-to-business-past-exam-paper.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Intro to Business Assignment 1
If they are able to provide equal amounts of benefits and position the brand better then the aforementioned brands, I may think of switching over to the competitor’s product. Moreover, if the competitor’s product strikes the emotional chords like focusing on emotional, ethical and moral values I would most likely switch to their product.
1 Pages(250 words)Coursework
Intro to Business Assignment 2
In the past few months our company has realized high expenses owing to the global recession which has driven down economic activity in the marketplace and forced us to control our costs more effectively. The quality control department has just informed us of the need to cut corners in other areas such as travel in order to devote more amount of resources to ensuring quality of our jeans.
2 Pages(500 words)Coursework
Intro to Criminal Justice
Under the Kin Police System, the people were the law enforcement, and they were expected to help each other. Until this model was improved and change into the Frankpledge Police System wherein the people shared the responsibility of policing. This was eventually replaced by the Parish-Constable Police System that was the first official English police force in England.
3 Pages(750 words)Coursework
Intro To Business Management Exam
The founder of the Virgin empire, Richard Branson strongly believes that the recession times are the best time to start entrepreneurship ventures since the multiple barriers comprising of legal, economical policies and frameworks that entrepreneurs has to overcome in normal times, are increasingly low (Stokes & Wilson, p.38).
4 Pages(1000 words)Assignment
To answer the past exam for sample exam,2002and 2003
t is in a position least likely to arouse peripheral nerve stimulation - no crossed ankles, no clasped hands.  Make sure they have ear protection (both ear plugs and headphones if possible) and warn them that EPI is a loud sequence, with high pitched noises.  Major benefits
6 Pages(1500 words)Coursework
Exam
Now a days in laptops and gaming devices such as Xbox and Wii we already have support for Wi-Fi(Wireless internet) so we won’t need any hardware for them to connect to the wireless router, but we will need a Wireless Card for Louis
2 Pages(500 words)Coursework
Exam question
For this reason, one can use a public-key cryptosystem for a secure key exchange. Public key cryptography is the drastic departure from all that has gone before. Currently, all the cryptographic systems are based on the basic tools of substitution and combination(Kim &
8 Pages(2000 words)Coursework
EXAM QUESTION
Customer equity gives the benefit of projection of cash inflows based on forecasts of sales volume, product mix, unit prices and the actions of
2 Pages(500 words)Coursework
Research Methods - past exam paper
The laboratory research may lack in terms of missing out any crucial parameter for explaining the dependant variable. Thus, field research would be more effective in solving the problem of multicollinearity and autocorrelation. Mohr outlined the difference between
4 Pages(1000 words)Assignment
Business ethics take home exam
Another implication is that voters are rational except not entirely egoistic (Kavvadias 98-99). The chapter suggests a number of clearly
4 Pages(1000 words)Coursework
Let us find you another Coursework on topic Intro to business Past exam paper for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us