Authored by Rosalind Mathews. Foreign Language Grade 3 - Grade 5 Description:
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Get Access Political, legal and social factors Essay Sample A description of how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders P6. BAE Systems and Oxfam have a number of influences on their activities.
You need to describe a range of factors which have an impact on each business Analyse political legal and social factors on both business essay you may want to refer to how these may be very different in countries outside of the UK.
An analysis of how political, legal and social factors have impacted on the two contrasting organisations M3 Once you have explained in detail how political, legal and social factors affect the two organisations you need to analyse how they have had an effect on their operations and direction over a period of years with clear examples.
A Political factors — how is political stability important, what government support is available, how does taxation affect them, how is infrastructure important, does the education system help them, are they affected by membership of the EU? Politicians make decisions in countries which are extremely important for society and have massive impacts.
Political stability favours businesses because manifestos are creates which are publicised and therefore businesses like BAE systems can make future plans and be aware of any changes that could benefit or harm them.
If they do licenses can be taken away and potential loss of job for some individuals or even shut down of the business completely. With their being wars held in countries, BAE systems are affected by this field in particular. Therefore any political commitments relating to such activities benefits BAE systems.
An important political factor BAE systems had to face in was bribery charges. The constant accusations from the fraud office has led to disruption and alterations to BAE systems as a business.
The controversy of this case would almost mean that client would soon lose interest in the business to invest and therefore profits being lost. BAE systems would have been affected by this case majorly and would have wanted to regain the trust in clients again. They effectively take away some of businesses profit through corporation tax which is a direct tax on profits.
Other taxes such as; income tax effects the employees of a business and other income earners. Businesses also have to pay a compulsory national insurance to pay for pensions and any unemployment benefits. VAT and customs duty tax on imported and exported goods is extra costs on trade and purchasing of products.
Business are therefore highly interested in fiscal policy alterations made by the government. Larger businesses like BAE systems have less of a burden when dealing with taxation as they will have its own accounts department, where as smaller businesses with few employees may have to tax on the extra task of dealing with forms and paperwork for taxes.
Smaller businesses do not sometimes have the luxury to afford such departments. In terms of government support there is not a lot for PLCs not run by the government. Government owned PLCs can get cover from the government of any losses made. However the government does subsidise many public and non- profit making activities like education, infrastructure health services and many more.
Moreover the government provided the centre of funding for infrastructure of the economy. It maintains transport links such as railways and motorways, this is of course beneficial for trade domestically.
The government also provide help to private providers like BT to ensure all have internet links available to them. Even in libraries on buses, this wireless connection that is essentially needed for many businesses, education and general public is provided by the government.
The government also help to increase training and skills of the future working population. From training courses to apprenticeships, the government investigates those industries which are going to succeed and need a strong workforce so provide such training to enhance skills of individuals, in turn benefiting the economy.
Relating to BAE systems this means their workforce are able to travel when needs be, and there is that stability of an educated workforce to replace those who leave in the near or distant future. Creating international links is another factor affecting businesses across the UK, in particular those who are involved a lot in trading.
And this certainly applies to BAE systems, heavily involved in exporting goods and having links with the likes of the US and India, a large source of BAE systems income is from these countries. They are affected in a positive way as there is no direct issue with being part of the EU.
In addition the UK benefits from the free flow of skilled workers with qualifications needed for roles in businesses like BAE systems. Oxfam Due to Oxfam being in close connection with deprived countries across the globe they will need to be aware of all political factors around them when operating abroad.
Also the support of the foreign government needs to present when Oxfam are working in a particular country.
For example inOxfam helped out over 1 million refugees in the democratic Republic of Congo due to the war that broke out. A variety of grants are given to those who benefit the wider community as Oxfam do certainly.Lesson Plans - All Lessons ¿Que'Ttiempo Hace Allí?
(Authored by Rosalind Mathews.) Subject(s): Foreign Language (Grade 3 - Grade 5) Description: Students complete a chart by using Spanish to obtain weather information on cities around the world and report . Some common factors are political, economic, social and technological (known as PEST analysis).
Companies also study environmental, legal, ethical and demographical factors. The political factors affecting business are often given a lot of importance. Several aspects of government policy can affect business.
One evening over dinner, I began to joke, as I often had before, about writing an essay called “Men Explain Things to Me.” Every writer has a stable of ideas that never make it to the racetrack, and I’d been trotting this pony out recreationally every once in a while.
The thunder-and-lightning example seems like a bad comparison for this kind of situation, in that the false claim is (1) easily observable to be untrue, and (2) utterly useless to the society that propagates it.
Both formal and informal rules, which firms must abide by, impact the country. Many people claim that the political force is the most unsettled force. Over the past few years, the government focused on the development of e-commerce. This analytical study aims to investigate and analyse the various environmental factors that can affect the working of McDonald’s Corporation and provide strategic recommendations for the enhancement of its organisational effectiveness, profitability and competitive advantage.
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