What Are External Factors

What Are External Factors
EXTERNAL FACTORS
External factors are those factors which are external to the business organization and cannot be
controlled by the management. But in order to sustain in the industry and the market every firm has
to manage these factors. The success of a strategic business unit depends on its ability to react
timely to change in the external environment. A company having good organizational strategy will
always alert to these external factors and will make measure to control them on time always. Major
external factors include economic conditions, market, technology, climate change, legal, media,
political and demographic factors.
Factors in the external environment and its management
1. Demographic Environment
Demographic environment includes
... Get more on HelpWriting.net ...

International Political Environment Essay
Political Environment in International Marketing
THE POLITICAL ENVIRONMENT: The critical concern Political environment has a very
important impact on every business operation no matter what its size, its area of operation. Whether
the company is domestic, national, international, large or small political factors of the country it is
located in will have an impact on it. And the most crucial & unavoidable realities of international
business are that both host and home governments are integral partners. Reflected in its policies and
attitudes toward business are a governments idea of how best to promote the national interest,
considering its own resources and political philosophy. A government control's and restricts a
company's ... Show more content on Helpwriting.net ...
For example the "pajama game" discussed in global perspective is not unusual for multinational
corporations. The pajama caper was a controversy arose over a US embargo forbidding US
businesses to trade with Cuba. Wal–Mart was selling Cuban made pajamas in Canadian market.
When Wal–Mart officials in US came to know about this, they ordered all offending Cuban pajama's
as it was against US law. Canada was incensed with the obtrusion of US law on Canadian citizens.
The Canadian citizen's felt that they should be able to buy Cuban–made pajama's if they wanted to.
Wal–Mart was caught between a Canada–US foreign policy feud. Wal–Mart Canada was breaking
US law if it continued to sell pajamas, and was subject to a million–dollar fine and possible
imprisonment. However, if it did pull out pajamas from Canadian market it was subject to 1.2
million dollar fine under Canadian law. The ideal political climate for a multinational firm is stable,
friendly environment. Unfortunately, that is never really the case, it's not always friendly and stable.
Since foreign businesses are judged by standards as variable as there are nations, the friendliness
and stability of the government in each country must be assessed as an ongoing business practice.
STABILITY OF GOVERNMENT

American Apparel Case Analysis
1. Introduction
American Apparel (AA) is a well–known United States clothing brand that has gained recognition
among the retail industry. American Apparel headquarters is located in Los Angles, California where
it manufactures and distributes its clothing products. It is known in today's society, to be sweatshop
free and has a strong belief of workers' rights. However, American Apparel has had a downfall in the
retail industry losing revenue. This research of American Appeal will provide feasible reasons why
the company should enter China international market to improve on sales revenue.
2. Environmental analysis of the new market (CH 1–5)
Companies such as American Apparel can operate in a certain environment that has a formulation
and implementation of a strong business strategy that can avoid restricted environmental factors.
This will determine the decision making of financial considerations, promotion strategy,
organizational structure, and the management style. The environmental awareness is the starting
point of environmental analysis. American Apparel has to take in consideration that there are two
environmental factors of the internal and external environments.
3. Geographic Setting (Internal Environment)
Geographic Setting (External Environment)
The research of the external environment for American Apparel should have notes about each one of
these factors political, economic, social, and technological. These factors will have influence over
the

Taking The Pestel Analysis Of Castrol
INTRODUCTION
Castrol is a British global brand of industrial and automotive lubricants offering a wide range of oils,
greases and similar products for most lubrication applications.
The Wakefield Oil Company was founded by Charles Cheers Wakefield in 1899. The brand
"Castrol" originated after researchers added castor oil to their lubricant formulations. In 1966,
Castrol was acquired by Scottish company Burmah Oil, which was renamed Burmah–Castrol.
Burmah–Castrol was purchased by London–based multinational BP in 2000.
Castrol offers lubricants for domestic, commercial and industrial applications. For automotive
lubrication (including motorcycles 2–stroke and 4–stroke engines, car gasoline/petrol and diesel
engines), their products include ... Show more content on Helpwriting.net ...
PEST stands for political, economical, social and technological factors. Two more factors, the legal
and environmental factor, are defined within the PESTLE analysis. To explain these environmental
factors, it is necessary to say that most of the factors depend on each other and that they change over
the years. Consequently, when one factor changes it also affects the others. The equality for every
company is the main characteristic of the factors in an environmental analysis. The different
environmental factors are covered below.
 Political and legal factors
Political and legal factors are here regarded as a unit. They refer to framework given by politics. The
exist regulatory or legal frameworks, which can be binding for regions, nations or on an
international basis. The frameworks deal with economical issues or issues concerning the market.
Subsidies for instance fall in the category of economical issues. According to the degree of support
through subsidies, a country can be more or less attractive for a

Wikileaks : A Wholesome Political Environment
Aiming to combat the information asymmetry between governments and the publics, WikiLeaks
marked its presence by disclosing classified materials online since its launch in 2006. Although the
organization's nature remains controversial, its radical moves undeniably challenged the order
within the public sphere, and the influences it made is worth prudent evaluation.
WikiLeaks believes that only with complete transparency can digital democracy be achieved. In
pursuit of a wholesome political environment, the existence of a 'healthy, vibrant and inquisitive
journalistic media' is imperative – WikiLeaks is therefore established to enhance public scrutiny.
(WikiLeaks.org, 2006) As creator Julian Assange himself proclaimed, the organization is about
putting scientific journalism into practice. This leads to the discussion of how journalists today
ought to shoulder the responsibility of the Fourth Estate by means of investigative reporting. The
conventional idea of investigative journalism comprises unearthing and crosschecking facts, and
backgrounding them into an understandable discourse. Lovink and Riemens argue that WikiLeaks
does the first, asserts to fulfil the second and neglects the third. (Lovink and Riemens, 2010) This
allegation is further supported by Greene's concept (as cited in Schultz 1998, p. 58), which stated
that investigative journalism is only formulated when effort in research and original work of the
reporter is involved. While the audience is given the

The Legal And Political Environment
Description
The definition of legal and political environmental base on business dictionary is government
actions which affects the operations of a company or business. These actions may be on local,
regional, national or international level. (BusinessDictionary.com, 2015)
The legal and political environment can impact business organizations in many ways. It could add a
risk factor and lead to a major loss. Company should understand that the political factors have the
power to change results. It can also affect government policies at local to federal level. (PESTLE
Analysis, 2015)
Table 2.1: The table below shows the different business company environment in different state.
Totalitarian State
Democratic State
Imposed authority.
Restricted participation.
Freedom.
Rights.
Companies might pay briberies to government.
The business law is vague.
Stable business environment.
Freedom and no censorship.
Higher risk compared to democratic state.
Lower risk compared to totalitarian state.
Adapted from Effects of politics on international business. (Slideshare.net, 2015)
The table clearly shows that different type of political system will affect a company 's operation in a
country. It is also important for company to be observant to the political environment.
Companies should always track their political environment. Changing in the political factors can
affect business strategy because of the following reasons:
Reasons for political factors
Diagram 2.2
(PESTLE Analysis,

Pestle Analysis Of Aldi In Australia
This report is based on the case study of Aldi in Australia and the main purpose is to identify the
critical challenges that Aldi currently faces in Australia. This report will focus on the external
aspects that can affect Aldi performances. Macro environment analysis by using the PESTEL model
is to determine the factors that influence Aldi in grocery market industry in Australia. Although the
strategy used by Aldi have been successful so far. However, there are still rooms for improvements
that Aldi may need to look into.
1.0 Overview of ALDI in Australia
Aldi has opened their first store in Australia in 2001 while operating more than 50 years
internationally. Now, Aldi has successfully operating 400 stores across Australia with their strategy
... Show more content on Helpwriting.net ...
This factor involves the shared belief and attitudes of the population. Growing in population means
growing in human needs to satisfy which mean have direct effect on how companies to understand
customers and what drives them (What is PESTLE Analysis? A Tool for Business Analysis, 2016).
Technology is the most dramatic force and often changing rapidly. Technology refers to an
innovations that may affect operations. Changing in technology will effect on how company doing
business and they may need to change the operating system and strategies. For instants, a new way
to producing, distributing and communicating goods and services. Company should be aware of the
current change of trends in technology (Kotler, 2005).
Environmental factor involves all resources that are needed as input by companies. This factor have
become important due to the increase of scarcity of raw materials and pollution issues.
Environmental concern have grown steadily where more and more consumers are demanding for
products that are from sustainable source (Kotler,

How Does the Political Corruption Affect the Business...
How does the political corruption affect the business environment in Russian Federation?
ABSTRACT This paper aims to analyze and describe the influence and the scale of the corruption
on business environment in Russia, and the consequences for the society. The paper will start by
examining "The Collapse of The Soviet Union and The Rise of Russia" as the prerequisite for the
escalation of the corruption among Government officials, the establishment of oligarchic structures
and examining the role of domestic business and foreign investors regarding their contribution in
corruption practices. Then it will discuss the historical trends of the corruption's phenomenon,
whether the traditions, mentality, and the ... Show more content on Helpwriting.net ...
Despite the lack of quality and necessity most of the products still were keeping produced. The
Central planning committee was disbanded, but this didn't prosperity, because of missing
competition and efficient market conditions. The process of privatization the Russian assets before
creation of a market economy, left individuals and firms unable to transfer accurate supply and
demand messages to each other, which in turn caused economic shrinking instead of growth.
Another reason for complicating the new economy was a lacking experience in bankruptcies.
Before, in the soviets times never mind how inefficient certain enterprise was, the bankruptcy never
was permitted. This built widespread feeling of security and complacency among the managers and
owners of the privatized enterprises. Now in the new conditions, without state subsidies, many of
the companies, exposed for the first time on real market conditions, realized that their methods,
models, products and services are not suited to the demands of the clients. As a result many
bankruptcies of such firms followed. "Kleptocracy " The opportunities that awaited Russia in 1992
were exciting, but dismantling the Soviet system of government controls and erecting in its place a
free market economy based on private decision making and risk–taking was a task of monumental
proportions. Another step of building a free market system was liquidating of

Mccarthyism In The Political Environment Of The 1950s
The 1950s was an idyllic period for America. The passing of the Great Depression and World War II
allowed Americans to entertain new dreams for social stability and economic prosperity. However,
with the start of the Second Red Scare, anti–communist sentiment dominated the American way of
life and had an impact on the decade and beyond. In the political environment of the 1950s, the fear
of communism was prevalent. Due to the Korean War and disagreements with the Russian
government, a Second Red Scare developed. As a result, "McCarthyism" was a primary influence on
American lives. McCarthyism is the practice of making accusations of communism without proper
evidence. This act of accusation without evidence was made famous by american Senator

The Political Competitive Environment
The impact of the political competitive environment The political competitive environment refers to
the external political situation of the economy or country that a business is operating in. The
political environment is shaped by government actions in terms of political parties and systems,
legislation, law enforcement, global economic factors, taxation, interest rates, exchange rates,
among other factors (Ciobanu & Bahna, 2015). Businesses with operations in multiple countries and
economies have to deal with the political environment at different levels. Lehman has operations in
the Americas, Europe and Asia–Pacific regions, hence it is subject to the political climate and
environment in these regions and countries in which it has operations. When it filed for bankruptcy,
Lehman was subjected to the political competitive environments in all the regions it had operations.
However, each country or jurisdiction has its own insolvency laws which have different impacts on
the company. For instance, while it filed for bankruptcy in New York, its foreign subsidiaries either
filed for bankruptcy or liquidation depending on the political environment in the countries they were
operating in. In this regard, every foreign subsidiary was exposed to different sets of bankruptcy
laws and political interests. As a consequence, depending on the political environment, every
Lehman subsidiary office was liquidated depending on the interests of different stakeholders and the
different

The Political Environment Of Vietnam
1. Describe the political climate in your chosen country. Does your country's leadership demonstrate
a credible commitment to health services? If yes, how? If no, why not? Over the years, Vietnam has
made a remarkable progress to provide a universal health for its population. With the support from
WHO, UNICEF, the World Bank, and other international organizations, studies have shown that in
addition to the government's ambition to ensure that its population has access to health care, they
were also able to reduce the financial burden on the poor. Vietnam has transformed from being one
of the poorest countries in the world to a lower middle–income country and surpassed the
Millennium Development Goal. In 2010," nearly 60 percent of Vietnamese had health insurance", an
increase of 10% since the 1990s (World Bank). According to the World Health Organization,
Vietnam was able to "reach 82% and 68% of the population with improved water and sanitation"
both in the urban and rural areas by following the WHO Guidelines and working with the Ministry
of Agriculture and Rural development. Nevertheless, Vietnam has made a progress in combating
epidemics such as HIV/AIDs and Tuberculosis (TB) and decreased the rates of life expectancy and
child mortality. It is apparent that Vietnam shows a great commitment to provide a universal health
for its population by the goals they have already reached and plan to reach in the near future. 2.
Describe the constraints on your country's

How to Operate Successfully in an International...
How to operate successfully in an international environment; A case study of Wal–Mart in Germany
Introduction
Many business activities usually shape up the aspirations and daily activities of people in all parts of
the world. This can be attributed to the fact that, Business enterprises present a wide and rich variety
of different organizational goals and objectives which cater for the needs and wants of consumers
starting from a consumer who purchases a loaf of bread to a giant oil exploration carried out by a
big company for the government. Nevertheless, for a long time, many organizations have managed
to maintain a stable relationship with the society and the environments in which they operate in.
However with the ever deepening and ... Show more content on Helpwriting.net ...
It is hard for Wal–Mart to succeed in Germany, unless their culture and laws changes as the
company's succeeding model is based on the factors like their ability to discount heavily and
operating 24 hours a day, of which none of this factors can be found in Germany. In addition to that
Germans are usually less sensitive to factors like price and are normally skeptical of factors like
discounts which make them question the quality of the products offered.
It is therefore important for organizations to understand their dynamic interaction between itself and
the changing environments. This is because; understanding new environments and culture is one of
the key factors to organizational success in today's competitive global landscape. Each and every
business irrespective of its geographical and size scope is usually faced with vital questions of
which they should answer either by just carrying on or by responding consciously. However, many
organizations rarely respond to the changes in their environment and go on implementing their old
tricks in a new environment, (Rugman, & Collinson,2008). Therefore, how can managers
successfully integrate organizations in new and changing environments?
The environmental Domain
An organization's environment can be described as infinite and includes everything outside it.
However, in this report, only factors which are considered sensitive and to which organizations
should

The Remote Environment : Remote Areas Are Economic,...
The Remote Environment The remote environment includes situations that occur that can be threats
or can cause a change to happen to a specific business or industry. The five remote areas are
economic, social, political, technological and ecological (Pearce J. & Robinson R, 2013). A business
should be aware of these factors and they can impact or change the business.
Economic
The United States has been experiencing a six–year bull market that started in 2009. The longer a
market rises, the more dangerous it becomes (Grealish, 2015). As investors tend to buy up stocks
that have performed well, they can experience high profit, but also a high risk. Raising prices
increases risk, and can lead to lower returns on the investment (Grealish, 2015). It is recommended
that investors sell off their stocks once they have reached their expected profit. Rebalancing a
portfolio is important so that you do not find yourself holding onto stocks that take a quick dive and
the investor loses profit. This technique is referred to as "selling high, buying low" (Grealish, 2015).
The fully invested person, will most likely have two things happen:
1. When the market tops out, they will be caught fully invested, and pay a heavy price.
2. They will know when to sell their stocks, so they'll avoid serious losses (Grealish, 2015).
On Thursday September 17, 2015 the Federal Reserve will decide if the U.S. economy can handle
higher interest rates. The Standard & Poor's 500 Index slipped 0.4%

The Political Environment Of Exodus And Company
3.1 Political Environment
The political environment is a very influential factor that affects the business performance of
Exodus and Company. It creates and applies policies and regulations that the business has to
perform alongside with.
Tax policy is a common external factor that businesses face. Paying taxes is a constant drawback
that Exodus and Company faces. With Zimbabwe looking at 49 tax payments per year and
impacting profit costs at 32.80%. (Doing Business). The ease of gathering all those payments is
difficult with the nation's current economic situation. Also considering that the company is in the
real estate business the return of profit is usually long term. Possible tax cuts could help save
potential losses for the companies ... Show more content on Helpwriting.net ...
(Laurie. J Mullins) The external technological factors that directly affect Exodus and Company's
performance include the methods of advertising products.
With an increasing availability of smartphones, Exodus and Company should exercise more below
the line advertisement of direct /electronic mailing together with Twitter and Facebook posts. The
costs of executing are low; nevertheless it offers a more extensive market to potential customers. An
advantage of implementing this marketing strategy would be the business to customer relationship
the company has on a more social level. A disadvantage would be the needed deeper understanding
of social trends, culture and customers themselves.
The media goes to extreme lengths to study its audience. With above the line advertisement taken in
mind, Exodus and Company should implement local newspaper and radio advertisements. The costs
are higher than below the line advertisements, however, they reach a wider customer base at a more
targeted social stratification. The result would allow the company to be branded on a more national
and local

Political Environment In Frankenstein
From examining Mary Shelley's Frankenstein, there is a strong comparison between Victor
Frankenstein's creation of the monster and the current U.S. political environment. In the world we
are living in we face many political boundaries. Our government supposedly has created a failsafe to
avoid electing officials that were unfit for office. In Shelley's novel, Frankenstein, Victor
Frankenstein and our current President are rather similar; they underestimate how difficult their
assignments are, lack readiness and skill needed for their task, as well as the ability to stand up for
what is right so others are not affected by their decisions.
In a recent interview with Reuters, Donald Trump stated: "I thought being President would be
easier...". Easier than what? According to later conversations, our President believed becoming the
leader of one of the most advanced countries in the world would be significantly easier than his
previous occupation as a host of a reality tv show. Victor clearly believed that creating and caring
for a monster would be easier than it is. Victor states "So much has been done, exclaimed the soul of
Frankenstein–more, far more, will I achieve;", he clearly had intentions to care for the monster, but
once he realized the difficulty of the tasks he ran. To elaborate Victor states, "I will be with you on
your wedding night! That, then, was the period fixed for the fulfillment of my destiny. In that hour I
should die and at once satisfy and extinguish

PESTLE Analysis on Tesco
Therefore, by discussing the environmental factors of 'PESTLE', in my personal opinion, I strongly
believe that the 'Political', the 'Economic' and the 'Legal' environments have the most impact on
Tesco as it operates internationally, in the United Kingdom and within 12 markets across Asia and
Europe. For this very reason it very important to consider all possible, political, economic and legal
structures, impacts and outcomes which might affect the overall success of the company as they play
a major role in relation to one another.
When looking at the political factors for Tesco, and, as it operates in a globalized environment with
locations across the world, the company's performance is extremely influenced by the political and
legislative functions of each country. In terms of legislations under employment, the government
really encourages retailers to provide work–place opportunities from, flexible, lower paid, local
based jobs to highly skilled, paid, and centrally located jobs (Balchin, 1994) to meet certain
demands relating to students, senior citizens and working parents. The company understands that
while being in the retail industry, it has a large impact on individuals and the work place (the
development of new stores may often be seen as a conflict to other retail sectors due to the fact that
the 'traditional' stores go out of business or are forced to cut certain cost in order to being able to
compete) as being a fundamentally local and labour–intensive sector.

The Economic And Political Environment During Early Post War
The source, spoken on the 5th June 1947, is an extract from an address given by the then Secretary
of State, George Marshall, outlining his and America's plan to provide substantial economic aid to
the European states, to help facilitate the rebuilding process in the continent. To understand both the
need and importance of Marshall's address in 1947, the economic and political environment in early
post war Europe the must be put into context. The Second World War left the majority of European
states in serious economic trouble; 'economies were suffering with open and repressed inflation,
disruptive food and raw material shortages', and the destruction of industry from bombing left
production stagnant, consequently leading to the collapse of trade and widespread commodity
hoarding in Europe. The political state of the continent was therefore volatile, as Europe cooperation
struggled deeply with an identity crisis and the Soviet Union increased its sphere of influence across
the East. If 'hunger, poverty, desperation and chaos' were to amass, the economic and political
advantages of being allied with the continent would quickly deteriorate and soon after Europe would
become a serious threat to America. Therefore, Marshall understood 'that European economic
recovery was essential to the long–term interests of the United States' and once becoming Secretary
of State on 21st January 1947, he knew substantial plan of American aid must be put in place. While
Marshall gives his

Haiti Political Environment Essay
II. Political Environment
Haiti's political environment is one that has been riddled with turbulence and tension for many
years. As stated earlier, Haiti enacted their first constitution in 1987 which put 3 branches of
government, a president, and prime minister in place. The president is elected by the citizens of
Haiti and the prime minister is then appointed by the newly elected president based on what political
party is control at the time. Both the president and prime minister are a part of the executive branch
and each person has different governing responsibilities. According to worldatlas.com, "The
president appoints the Prime Minister who goes on to appoint the Cabinet Ministers. The Prime
Minister ensures that the Cabinet carries out the law as defined by the National Assembly. Together,
the Prime Minister and the President are responsible for matters of national defense." ... Show more
content on Helpwriting.net ...
It is comprised of the National Assembly which is divided into two sub–groups known as the Senate
and Chamber of Deputies. Haitian citizens elect members of the Chamber of Deputies every 4 years
and every 6 years for the Senate. Presently, there has been a bigger push to have more female
representation in the Senate and the legislative branch as a whole.
The third branch of government is the judicial branch which is tasked with interpreting Haitian laws.
The judicial branch is modeled after French law and has a 4– level court system. Citizens and
companies can seek adjudication if they believe they have been wronged either criminally or civilly.
This branch of government is extremely important to new businesses because this is where business
will seek protections against corruption and unscrupulous business procedures.
Political

Social, Political And Legal Environment Associated With...
Executive Summary: Social media such as Facebook and Twitter allow society to publicize their
social lives to all. While managers in organizations are forbidden to ask personal questions of their
employees regarding religious or voting preferences, if they have access to their employees
Facebook or Twitter pages, they automatically have full access to all information that employees
post regarding their personal lives. Will an employer's access to an employee's social media pages
sway or create bias regarding hiring or promotion activities that didn't previously exist? How does
the organization manage ethical and legal situations where managers and employees are posting
their issues with each other on their social media pages instead of ... Show more content on
Helpwriting.net ...
The consequences of posting comments on a social website have opened the door to legal and
ethical issues and concerns. What is social media? Social media consists of web–based internet
social networks where users across the world can share information and communicate with other
users in an interactive manner. Users can communicate, socialize, share emails, documents, pictures,
video, audio files, events, activities, and ideas. Users can also share concerns, issues, and problems.
Social media has become an important part of people's lives, thus, allowing them to communicate
with a broader social network every day regardless of where they are at. Reports indicate that the
number of people using social media sites several times a day has more than doubled from 2009 to
2010 from 18 to 40 million. Today, more than 66 million Americans use social media sites. There
are many types of social media that are accessed while in the workplace. Some examples include:
LinkedIn which is a social and professional networking site created in 2003 to provide professional
people with access to networking, marketing, advertising and job search opportunities. This website
has more than 70 million users globally and from more than 200 countries. They have
approximately 100 million members and they add new members at a rate of roughly one million per
week. Facebook is a social networking site that was created in 2004 to enable regular

Government Structure And Political Environment
Government Structure and Political Environment
South Korea is officially called the "Republic of Korea" and has been separated from North Korea
since 1953. North and South Korea are divided by a demilitarized zone and there is still much unrest
between the two nations. Seoul is the capital of South Korea and is the largest in terms of population
with over 10 million people living within the city limits. The metro area of Seoul is even larger with
over 24 million people living there. The metro area of Seoul is approximated to be the second
largest in the world behind Tokyo and ahead of Mexico City and New York City. An expatriate
would likely be sent to live and conduct business in Seoul because it is the population and economic
center of the South Korea.
The government structure is very similar to the United States which should be an aspect a US
expatriate will be comfortable with. There is a legislative, executive, and judicial branch. The
legislative branch is responsible for making the laws, the executive branch is responsible for
interpreting the laws, and the executive branch is headed by the president of South Korea Lee
Myung–bak. The president is elected by popular vote for a five year term and may not run for
another term. The country is divided into administrative districts for governing. There are 9
provinces, 7 metropolitan cities and one "special city" which is Seoul. Knowing what governing
district an expatriate is in and understanding any potential special

The Political Risk Environment Is Predominantly Favorable...
The political risk environment is predominantly favorable for international expansion. Singapore has
low political risk and was ranked as having the lowest political risk in the continent by the Political
and Economic Risk Consultancy. Singapore is quite politically stable with a solid government and
positive relations with neighboring countries. The political environment of Singapore is very stable.
Singapore's government is a parliamentary republic and The People's Action Party (PAP) has ruled
the government since 1959. There has been no major opposition to the party's leadership; however,
there has been some public unrest due to the increased cost of living and immigration policies. There
have been no historical incidents of political violence against foreign investments in Singapore.
Singapore stands against corruption and enforces anti–corruption laws such as the Prevention of
Corruption Act through its government agency, the Corrupt Practices Investigation Bureau.
Singapore has good relationships with its immediate neighbors and is in a prime location in
Southeast Asia that business can use to access multiple markets. Singapore is a founding member of
the Association of South East Asian Nations (ASEAN). ASEAN members include Thailand,
Indonesia, Malaysia, the Philippines, Brunei, Cambodia, Laos, and Vietnam. ASEAN aims to
promote regional peace and beneficial collaboration of Southeast Asian nations in order to facilitate
economic, social, and cultural

General Environmental Factors And Its Impact On...
Introduction
The general environment factors are most likely to have a very strong impact on any business entity.
There are several general environment factors and their impact on any form of a business. These
include economic, legal, political, technological, and socio cultural factors. The business has to
prepare for the foreseen as well as unforeseen general environment factors that are most likely to
affect it either positively or negatively. These factors can impact the business presently or in future.
What then are some of the major general environment factors and their impact on Mainfreight –
Global Supply Chain Logistics in the next 10–15 years? This paper evaluates the first three
aforementioned general environment factors and how ... Show more content on Helpwriting.net ...
Further, the company's management has no choice but to be vigilant and observant of any slight
change in the above explained external environment factors. Trades are shaped either negatively or
positively by the environment they are in as well as other situational factors that control the
businesses' day to day operations. For these reasons, Mainfreight – Global Supply Chain Logistics
need to keep a check and regularly scrutinize the environment they are

Political Environment Of Texas
SEP ENVIRONMENT AND POLITICAL IDEOLOGY According to Charles Darwin, " It is not the
strongest of the species that survives, nor the most intelligent, but the one most responsive to
change." In other words, those who are able to adapt to the changing environment and thrive with
their given resources will reproduce and carry on their successful traits; those who cannot adapt will
die out. This process keeps a species from going extinct. Similarly, this concept can be applied to
that of politics. In particular, characteristics of this Darwinian theory can be seen in the political
culture in Texas. Because of these characteristics, the economic and political environment of Texas
reflects my political ideology. However, the social environment of ... Show more content on
Helpwriting.net ...
Texas's economic environment is based in "economic conservatism," (Tannahill 30). This means that
a majority of Texas citizens are in favor of a small government and "absence of...intrusion in
economic choices" (Lilie and Maddox 3). Because Texas is a populous and culturally diverse state,
the government does not have enough information to be able to make the best decisions that would
benefit most everyone (Tannahill 16;19). Thus, allowing the consumers to control the decisions of
the economy via the market is the best choice for our state because producers have to adapt to the
needs of the consumers. There are many aspects of Texas's political culture that are in accordance
with my personal viewpoints. One reputable aspect is "Texas's traditionalistic political culture"
which necessitates a demand for low tax rates and thus, results in poorly funded government
programs (Tannahill 30;363). Because the government has less money to pay for government funded
programs, individuals have to find other ways to help themselves. Thus, this lack of sufficient
government programs is an example of the Texas economic environment depicting an aspect of
adapting to

How Does the Political Corruption Affect the Business...
How does the political corruption affect the business environment in Russian Federation?
ABSTRACT
This paper aims to analyze and describe the influence and the scale of the corruption on business
environment in Russia, and the consequences for the society. The paper will start by examining "The
Collapse of The Soviet Union and The Rise of Russia" as the prerequisite for the escalation of the
corruption among Government officials, the establishment of oligarchic structures and examining
the role of domestic business and foreign investors regarding their contribution in corruption
practices. Then it will discuss the historical trends of the corruption's phenomenon, whether the ...
Show more content on Helpwriting.net ...
Now, when the system changed, the government had to establish absolute new for the whole country
way for living. Capitalistic system states are based on the free enterprise, private property, markets,
and individual choice. In 1991, the Russian language did not even have a word or term that stressed
the private property in land. Property belonged to all, and therefore to no one. After the Bolshevik
revolution a forceful collectivization of the land property was carried out. This way a vital link
between the peasantry who were the main workforce in the country and their object of work – the
land, their prime source of income and goods, was broken. The communist government vigorously
was compelling the peasants to work tirelessly, for almost no profit, the salaries were the lowest in
the country, so the pensions. As a result the alienation of the citizen toward the land and the property
as a whole was one of the main reasons for the fall of the communism. Huge flow of people from
the countryside to the cities was taking place. As a result at the end of communist regime the base
for restoration of the capitalistic economy in the villages – the development of small and middle
sized farms was very weak. Rebuilding the ties between the people and the land, returning the
economic initiative to the individuals and changing the state regulatory system, including the
protection of the private property were immense tasks for the new

The Role Of Dhs And Its Political Environment
It is the responsibility of the Government to provide security to its people. The Department of
Homeland Security "DHS" was formed after the attacks of Sept. 11, 2001. Before the attacks,
independent agencies handled homeland security. The DHS was formed to have most of these
agencies work together under one management to secure America.
This paper will argue the role of DHS and its political environment and how it achieves its goals of
protecting America by working within its current environment. The political environment of DHS is
"Majoritarian" where both the benefits and the costs are spread over most or all of the population
and the agency is able to perform in that certain environment.
Agency:
The creation of DHS was the result of the tragic events of 9/11. The department was formed in 2002
and is a combination of twenty–two agencies. Some of the prominent ones are, The Transportation
Security Administration (TSA), U.S. Secret Service, U.S. Coast Guard, and the U.S. Citizenship and
Immigration Service (USCIS). The President of United States appoints the secretary to oversee the
work of DHS.
The Political Environment and the Distribution of Costs and Benefits:
"Homeland Security is a highly decentralized activity"
The Federal Government cannot do the job of securing America by itself. The state and local
governments and the private sector are all involved in the process. Government's responsibility is to
minimize terrorist threats, reduce the cost of any attacks, and

Political-Legal Environment: Delta Airlines
Political–Legal Environment: Delta Airlines Delta Air lines is not immune to the political and legal
structures that exist both domestically and globally. There are many factors that affect the political
and legal structures for Delta in their domestic environment of the United States and also in the
global environment of Europe. Teresa Cederholm in her article on MarketRealist.com states "The
airline industry is widely impacted by regulations and restrictions related to international trade, tax
policy, and competition" (2014) She goes on to elaborate further on issues that impact the airline
industry such as "war, terrorism, and the outbreak of diseases" (2014). All of these issues require the
government to set in and set different ... Show more content on Helpwriting.net ...
Cederholm states that "After the deregulation, passengers benefited from additional routes through
the hub and spoke model [and] competition also increased" (2014). With the deregulation, customers
saw a price drop in airfare causing using air travel more accessible to a wider range of Americans. In
a Smith and Cox article on the Airline Deregulation, they state that "Airfares, when adjusted for
inflation, have fallen 25 percent since 1991, and, according to Clifford Winston and Steven
Morrison of the Brooking Institution, are 22 percent lower than they would have been had regulation
continued" (2008). With the increased competition and lower prices, many airline companies have
opted to merge instead of competing with each other. There have been mergers between U.S.
Airways and American West, Northwest and Delta, United and Continental, AirTrans and
Southwest, and American with U.S. Airways. According to Cederholm, "These carriers, along with
JetBlue and Alaska, account for more than 90 percent of the U.S. market share seat miles" (2014).
These mergers help the major airliners, such as Delta Air lines, with reducing competition with the
low cost low frills airlines. The biggest barrier for Delta Air lines is with the European Union's
carbon emissions tax for all airlines traveling in and out of Europe. According to Crawley and
Quinn, "under the mandate that

The Strategic Management Plan Of Mintzberg And Waters
Introduction:
It is very much essential that an organization is curved by the strategic management plan and
process to bring future growth in the business in terms of global market insight and profitability of
the specific organization (Ethiraj et al. 2016). The systematic and formative analysis of the factors
and steps incorporated with the external environment of the organization as well as the internal
environment give it a boost to strategize marketing and management plan in easier way. In this case
study, the strategic management plan of Mintzberg and Waters evolved out with the insight of
specific example and the organization has maintained those process in a dynamic way.
Question one
Analysis of external environment and its tools and techniques to help the mangers:
The privately owned company that is The Shaksy Group is a service provider company in industrial
construction, hotels, commercials and residential buildings, infrastructure projects and airports and a
specialist in interiors formerly belong to the Gulf Cooperation Council. The company has a
combined workforce of over 1,500 employees associated with it. The company is primarily focused
on construction of oil and gas and energy sectors though it has a conglomerate overview on other
sectors as well. ... Show more content on Helpwriting.net ...
The external environment analysis of the organization is necessary to get a view about the business
process and operation process with regards to the market. There is a range of major factors and
trends that associate with the organization to increase the potentiality in the market and create a
good customer base (Baglivo et al. 2014). The external analysis comprises of macro environment,
micro environment, competitors analysis and most importantly the market analysis of the

The Concept Of Environment And Political Factors
The Concept of Environment and Political Factors
Introduction
The market of a company like everything else, will change with time. The maturity of a company to
market share increases steadily, trying to achieve the market growth. The planning and
implementation of the growth strategy for the development of new markets and the expansion of the
company before the current market will not only help in company's business to live in difficult
times, it could also give a company a considerable advantage (Greene, 2007). "Growth decisions
have been analyzed theoretically for several decades using Ansoff 's (1957) matrix, the construct of
business development is more problematic" (Normand, T, 2015). However, using Ansoff's matrix,
especially the market development strategy, and exporting a product to another region are risky
because the company will run into different environments that can affect the business. This research
paper explains the concept of the environment and shows the political environment factors that can
affect the marketing and export process.
The concept of the environment and reasons to study the environment
In fact, there is general agreement among researchers and writers on a specific concept of the
environment. Perhaps this is due to the complexity of the concept's components and the attempt to
make a specific definition of environment, but in fact reflects the point of view of the analysis and
study in accordance with the objectives of seeking to achieve

The United States
The Department was organized over two hundred years ago. As one of the largest law firms within
the borders of the United States, the responsibility of the Department extends to both criminal and
civil matters. It carries a mission that is dedicated to delivering justice and is consistently re–
considering ways to measure performances within individual Districts in order to ensure all
respectable aspects of deliverance are utilized. These considerations involve developing more action
plans aimed at delivering higher standards of production while keeping the highest level of integrity
intact. The Firm was created by a Judiciary Act to serve as the nation's primary source of litigated
actions. Organization Open System Description The District is divided into two primary areas and
each area is assigned specific foci to center resources and efforts. Both areas are tasked with
supporting the District by sharing resources, energy, and information. An open system, as Harrison
and Shirom (1999) explained, is a product by which a whole entity operates based on individually
functioning parts simultaneously in order to achieve the system's goals. Therefore, the framework or
outline of the District as well as the organization as a whole can be analyzed from the perspective of
an open system. In as much, the primary and individually working parts of the Department can be
accurately and clearly characterized as open system components based on the function and purpose;
therefore, the

Environments And Effects Of External Environment On...
Effects of external environment on company's strategy
Introduction:
The development of any organization require new ways of orientation of a business, requires
organization to adapt to environmental changes inside and outside the action. The purpose of
external assessment is to prosper a limited list of an opportunities and threats that should be avoided.
External assessment is not aimed at developing an extensive list of every possible factor that could
affect the business. External environment of an organizations are factors that affect the company's
ability to function. The importance of external environment and their effect on the expansion of
marketing planning is crucial and should be reviewed by an organization wising to be profitable in
the market. A firm should have a mind that effective marketing strategies could not be developed
without the analysis of external environment in which the company operates. The external
environment for a company covers many aspects such as macro environment and micro
environment. The macro environment consists of forces such as social, political and technological
and micro environment consists of such as structure of the market, the suppliers, customers and the
competition. Strategic ... Show more content on Helpwriting.net ...
The external environment covers many aspects for the company. They both are considered under
two factors the macro–environment and the micro–environment. The macro–environment of a
company covers forces, for example, social, cultural, legal, economic, political and technological.
Within this are incorporated elements, for example, demographics, green issues and larger societal
and environmental forces. The micro–environment includes other environmental factors, such as the
structure of the market, the suppliers, and customers, trends of the market, the public and

Political Environment In The Late 19th And Early Twentieth...
1. This quote explains how the congress is unable to agree on the location of the world's fair. The
Congress was able to decide that they wanted to take on the fair as a unanimous and sure surface
vote, but on a deeper subtler level they still bicker over the exact location and other details, unable
to cooperate. This reflects the political situation on a larger scale for the time period, therefore
qualifying the quote to fit under the theme of politics. 2. Described by this quote is how Olmsted's
advisory report to provide aid for the situation was being abused against those in favor of Jackson
Park. This reflects the political environment in the late nineteenth century and early twentieth
century, this being a caustic one with factions constantly taking advantage of anything they can
manage to obtain in their favor. This political design would become centric in the nation's
development in the years to ... Show more content on Helpwriting.net ...
Stated in this quote is the letter from Prendergast to the lawyer Trude, in which Prendergast
attributes part of the law and responsibility to Jesus Christ and the will of God. This is important
because it shows the belief that God is the supreme will of everything that happens. This is a
common theme in all religions during the gilded age and they follow suite with the overall theme of
religion and this is one of the many examples that support this conclusion. Detailed in this quote is
how Anthony stated that she would rather send her son to Buffalo Bill's show instead of church
because of the lack of learning at church. On the surface, this quote portals a comic section
addressing the success of the fair, but on a deeper level one can evaluate that this marks a change in
values toward the church itself as underlined by the fundamentals of Anthony's suffragist movement.
Therefore, this change in loyalty observable in the quote justifies the classification of this statement
as being one under the theme of religion.

India 's Political And Economic Environment
1. Introduction
India and South Africa are members of the five major emerging economies. They are both
developing countries however, they are well distinguished for their large democracy, fast–growing
economies and significant influence on regional and global affairs. This report aims to
comparatively analyse whether India or South Africa is in a better position to succeed in the global
economy. For the purposes of this report, I will be comparing and analysing each country's political
and economic environment and also looking at the environment for foreign direct investment in
order to determine whether India or South Africa is in a better position to succeed.
2. Political Environment
The political environment of a country consists of ... Show more content on Helpwriting.net ...
By averaging at a score of 2 out of 7 (one being the best) in 2014, South Africa scores better than
India. In South Africa, freedom of expression and the press are protected in the constitution and
generally respected in practice, though press freedom has deteriorated in recent years. Internet
access is unrestricted and growing rapidly in South Africa, however the government is highly
sensitive to media criticism and has recently proposed several potentially restrictive laws. The
government's encroachment can be seen in its regular intrusion on the editorial independence of the
South African Broadcasting Corporation (SABC) regulating what can be broadcasted. India
averaged at a score of 2.5 in 2014. Despite India's vibrant media landscape, journalists continue to
face a number of constraints. The government has made use of security laws, criminal defamation
legislation, hate–speech laws, and contempt–of–court charges to restrict critical voices on social
media as well as traditional media platforms.
Furthermore, South Africans are generally free to form, join, and participate in independent trade
unions, with the countries labour laws offering unionized workers a litany of protections. However,
strike activity is very common and South Africa is seeing an increase in violent and "wildcat strikes"
(strikes not approved by labour law). Similar to South Africa, Indian workers in the formal economy
regularly exercise

Multinational Corporations : An Organization Of Economic,...
Globalization is the establishment of economic, political, social, military, scientific or environmental
interdependence that span worldwide distances (Steiner). This process has evolved for hundreds of
years. However, this trend has rapidly increased over the last century, primarily due the forces of an
ever changing society, government, and business environment. Corporations are expanding their
business operations all over the world and are evolving into multinational corporations. Companies
choose to invest capital for starting, acquiring, or expanding their enterprise to another country
predominately for a few factors. Investing capital in a foreign nation can lead to growth. By entering
a new market, a new segment of consumers can be reached, leading to new potential customers
(Steiner). In addition, corporations can seek efficiencies in a foreign nation. With different resources
located all around the world, as well as, generally less strict regulations on business in developing
countries, multinational corporations can take advantage of cheaper labor, economies of scale, and
other resourcing efficiencies to reduce their overall costs (Steiner).
Boeing, the world's leader in manufacturing airplanes, rotorcrafts, and space and security systems,
exemplifies a corporation taking their business operations internationally. They have acquired,
merged, and formed strategic partnerships to expand their presence globally. Since they already sell
many of their products to

Political Regulatory Environment And Related Government...
Introduction
The article describes the background that the Tasmania whisky production constantly increases and
demand of the barrels increases sharply as well. Chet, the CEO of New Heaven Import Export Co.,
plans to form a joint venture, New Heaven Liquor Co., with Hong Kong liquor distributor. The new
firm will locate in Hong Kong and employ local people. This report addressed opportunities and
threats of the joint ventures through analysing the political–regulatory, social–cultural and
technological environment, and provide recommendations to help Chet make decision on whether
the venture should be undertaken.
1. Political–regulatory environment
Hong Kong became the special administration region of China since 1997. The principle of ... Show
more content on Helpwriting.net ...
Secondly, Hong Kong offered an open and friendly investment policy. It played a role of market
regulator with less government intervention rather than market participant with more intervention.
For example, Hong Kong did not impose regulation on working hours and terms of contracts, and it
only regulated the statutory minimum wages per hours for labours (Hong Kong business forecast
report 2015).Thus, the labour costs in Hong Kong are flexible and company has more rights on
contract when hire employees. Moreover, government allowed foreign investors to legally acquire
the ownership of property in most industrial sectors except for broadcasting industry (Country
profile 2015) and to freely select investment area without restriction. Furthermore, government
optimized the procedures of business registration, and it helped investors save time from application
process. Besides, there is no different treatment between local investors and foreign investors.
Government set the same business regulation to the same industry. Thus, foreign investors have
equal chance to compete with local investors.
In addition, Hong Kong had 'simple and low tax regime'. Company only need to pay the tax amount
based on their revenue earned in Hong Kong, and they did not need to pay 'sales tax, capital gain tax
and withholding tax on dividends' (InvestHK 2016). These tax exemptions would obviously reduce
tax expense of the company. Meanwhile,

Organizational Environment
b. Organizational Environment
Organizational Environment: those forces outside its boundaries that can impact it. Forces can
change over time and are made up of Opportunities and Threats. (7) The Organizational
environment refers to the forces that can make an impact. Forces made up opportunities and threats.
Organizations do not exist in isolation. It works with the overall environment. Scholars have divided
these environmental factors into two main parts as. Internal Environment External Environment (8)
c. Internal Environment The internal environment consists of the inherent competencies of the firm
and the structure of its internal systems and processes. It is imperative for the organization to
conduct an internal analysis ... Show more content on Helpwriting.net ...
Managers must stay abreast of and deal constantly with external developments. (14) Factors that
happen in the external environment are known as external factors or influences. These will affect the
main internal functions of the business and possibly the objectives of the business and its strategies.
The main factor that affects most business is the degree of competition – how fiercely other
businesses compete with the products that another business makes. The other factors that can affect
the business are: Social – how communities behave and their beliefs. Legal – the way in which
legislation in society affects the business. Economic – how the economy affects a business Political
– how changes in government policy might affect the business Technological – how the rapid pace
of change in production processes and product innovation affect a business. Ethical – what is
regarded as morally right or wrong for a business (15) An organization is an open system; therefore
it interacts with its environment. To manage the relationship with the environment, a large part of
strategic planning is concerned. The environmental factors can be divided to 2 main categories,
which is MACRO and MICRO .Macro environmental factors seriously affect an organization
business practice, profitability and future progress. It can

Pest Analysis Essay
BUSINESS METHODS
PEST (Political, Economical Social and Technological environment ) Analysis The external
environment of any organisation / university / faculty / department etc. can be analyzed by
conducting a PEST analysis. The acronym PEST (sometimes rearranged as STEP) is used to
describe a framework for the analysis a range of macro environmental factors including the
Political, Economical Social and Technological environment. A PEST analysis fits into an overall
environmental scan including the SWOT analysis and McKinsey's 7S Model, which is briefly
discussed below and also referred to in the document 'Preparing a SWOT Analysis. For a unit
(referring to any area under review be it an academic department, a research unit, an ... Show more
content on Helpwriting.net ...
This will impact upon the nature of the competition faced by the university and particular units
within the university, upon service provision, and upon the financial resources available within
UCC. Economic factors affect the purchasing power of potential
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Page 2 customers, and the state of the internal/external economy in the short and long–term. The
unit may need to consider: Economic growth Interest rates Inflation rate Budget allocation The level
of inflation Employment level per capita Long–term prospects for the economy and the impact upon
funding of third Level Education etc Social/sociological FactorsSocial factors will include the
demographic changes, trends in the way people live, work and think and cultural aspects of the
macro environment. These factors affect customer needs and the size of potential markets (inside
and outside of UCC). Population growth rate Age distribution Career attitudes Internal/external
emphasis on safety Internal/external attitudes to change What is the stakeholder expectation of the
unit? What is the perceived impact of the unit upon UCC and external stakeholders? How are views
expressed? How does the unit respond to such views? Technological FactorsNew approaches to
doing new and old things, and tackling new and old problems do not necessarily involve

The Political Environment Of The Philippines
Political Environment To begin, the political environment of the Philippines should firstly be
addressed. In the modern day Philippines, they have established a multi–party democracy which has
an elected president along with its legislature. Their democracy is set up exactly the same as ours in
the United States. They have the framework of where the president is both the head of state as well
as the government in general. Similarly their system is composed of the three independent branches
which are the legislative, executive, and judicial branches. Under the leadership of the president, the
executive branch makes the decisions for the government/country body as a whole; Congress– the
Senate and the House of Representatives, controls the legislative branch; and the Supreme Court,
held as the highest judicial body they have, is vested within the courts of the Philippines. Within
their country contrary to ours, they hold elections every three years instead of our two. These
elections have been held on the second Monday of May since 1992. The winners of these elections
begin their time in office on the following June 30th. Although the Philippines have a democracy,
not all of the regions within it have political power. Within the local government's cities, provinces,
municipalities and barangays, some regions merely exist just for the use of administrative purposes.
(Doing Business In the Philippines, n.d.).
Legal/Regulatory Environment However within this democracy, there

The Wasat Party in Egypt: Promoting a Liberal Political...
The Wasat Party has slowly become an important opposition party throughout the years that
promotes a more liberal political environment in Egypt. The article explains that before the Wasat
Party had the legal status of an official party, the foundation was being formed secretively by young
leaders of the Muslim Brotherhood. The young leaders of the Muslim Brotherhood were considering
democratization to be a better option because of the positive impacts in had on other countries
around the world. Moreover, the young leaders didn't desire the repression they had to go through
because of the strict interpretation of the Shari'a, the Islamic law. The Shari'a condemned aspects
Therefore, the young leaders of the Muslim Brotherhood had to keep their intentions of their
aspiring new political party secret until it was exposed to the regime. The Wasat Party offered more
liberal interpretation of the Shari'a as well as provides different ideas of what undermined the
Islamic core values the differed from the Muslim Brotherhood. There are three important ideological
principles that characterize the Wasat Party that differ from the Muslim Brotherhood. The first
ideological principle is the interpretation of the Shari'a and its role in politics. For the Muslim
Brotherhood the Shari'a is a set of binding rules that have a major role in politics. They are fully
bound by the rules and provide various measures of repression to any violators of such rules. In
contrast, the Wasat Party

What Are External Factors

Recommended

Recommended

More Related Content

Similar to What Are External Factors

Similar to What Are External Factors (6)

More from Samantha Randall

More from Samantha Randall (20)

Recently uploaded

Recently uploaded (20)

What Are External Factors