Political
? Legislation and regulations will affect an organisation in that they need to comply with the laws
Economic
? Factors such as inflation, recession/boom periods, interest rates will affect organisations in a number of ways; consumers not spending as much on luxury items/more expensive to borrow money
Social
? Changes in trends and fashions mean that organisations must continually carry out market research
Technological
? As technology changes organisations must keep up-to-date and this will involve a large financial cost
Environmental
? Organisations now attempt to be socially responsible and environmentally friendlyto possibly comply with legislation/satisfy consumer groups
? Weather/flooding can mean a loss in sales if organisation cannot open due to flooding
lydiajane74 answered the question on May 31, 2018 at 17:45
- Describe the impact of competition policy on an organisation(Solved)
Describe the impact of competition policy on an organisation
Date posted: May 31, 2018. Answers (1)
- Describe the advantages of being a social enterprise.(Solved)
Describe the advantages of being a social enterprise.
Date posted: May 31, 2018. Answers (1)
- Discuss the use of geographical grouping.(Solved)
Discuss the use of geographical grouping.
Date posted: May 31, 2018. Answers (1)
- Explain the advantages of internal (organic) growth.(Solved)
Explain the advantages of internal (organic) growth.
Date posted: May 31, 2018. Answers (1)
- Describe the benefits of workforce planning(Solved)
Describe the benefits of workforce planning
Date posted: May 31, 2018. Answers (1)
- Explain the benefits of an appraisal system.(Solved)
Explain the benefits of an appraisal system.
Date posted: May 31, 2018. Answers (1)
- Discuss the costs and benefits of work-based qualifications(Solved)
Discuss the costs and benefits of work-based qualifications
Date posted: May 31, 2018. Answers (1)
- Describe the impact of current employment legislation on organisations(Solved)
Describe the impact of current employment legislation on organisations
Date posted: May 31, 2018. Answers (1)
- Describe the laissez-faire style of leadership.(Solved)
Describe the laissez-faire style of leadership.
Date posted: May 31, 2018. Answers (1)
- Describe the impact on an organisation of having poor cash flow(Solved)
Describe the impact on an organisation of having poor cash flow
Date posted: May 31, 2018. Answers (1)
- Explain the benefits of preparing a cash budget.(Solved)
Explain the benefits of preparing a cash budget.
Date posted: May 31, 2018. Answers (1)
- Describe ways an organisation can become environmentally responsible.(Solved)
Describe ways an organisation can become environmentally responsible.
Date posted: May 31, 2018. Answers (1)
- Discuss the use of benchmarking to ensure quality.(Solved)
Discuss the use of benchmarking to ensure quality.
Date posted: May 31, 2018. Answers (1)
- Describe examples of conflict that may arise between different groups of stakeholders.(Solved)
Describe examples of conflict that may arise between different groups of stakeholders.
Date posted: May 31, 2018. Answers (1)
- Describe the effects of widening the span of control of a manager.(Solved)
Describe the effects of widening the span of control of a manager.
Date posted: May 31, 2018. Answers (1)
- Explain the benefits to an organisation of developing a strong corporate culture.(Solved)
Explain the benefits to an organisation of developing a strong corporate culture.
Date posted: May 31, 2018. Answers (1)
- Describe any five Human Resource manager's competencies(Solved)
Describe any five Human Resource manager's competencies
Date posted: May 30, 2018. Answers (1)
- Outline 4 means of payments as provided by post office(Solved)
Outline 4 means of payments as provided by post office.
Date posted: May 29, 2018. Answers (1)
- Define the term mergers as used in business (Solved)
Define the term mergers as used in business
Date posted: May 29, 2018. Answers (1)
- Outline four circumstances under which some human wants can fully be satisfied(Solved)
Outline four circumstances under which some human wants can fully be satisfied.
Date posted: May 25, 2018. Answers (1)