Key Business Influences

This report explains competitive business environment of two companies namely Virgin group and Starbucks. First pert of this report gives brief introduction to two selected company while highlighting business strategies. Second part of the report illustrates business environment using SWOT and Porters five forces analysis. Next section explains Ansoff’s Matrix relating to two companies and how they shifted from one quarantine to another. Final sections concludes the report explaining business values of two organizations.

This Report will examine how the major influences on Operations which contribute to the success of the business with focus all of the major eight influences, these include Globalisation, Technology, Environmental Sustainability, Legal Regulations, Corporate Social Responsibility, Quality Expectations, Government Policies and Cost based Competition. This report will also examine the impact of the influences on businesses such as Billabong, Westpac, Holden, Woolworth and Coca-Cola.

The Australian economy faces new challenges like the high exchange rate of Australian dollar that has impacted the international competitiveness of its trade activities, mainly manufacturing. Another long-run challenge the economy faces is the dependence of Chinese economy, as they are major trade partners. The future will depend on how the Australian economy prepares itself with corrective/reactive policy measures, trade agreements, and innovative strategies to keep Australia’s dream run of prosperity.

All American businesses are affected by the legal and regulatory environment set forth by our government. Businesses have both benefited and been affected from government action to place rules and regulations on businesses while there some laws in place to support American workers and consumers. “The policies and practices of government bodies also establish an overall level of support for businesses operating within their jurisdictions. Taxation, fees, efforts to coordinate multiple regulatory agencies, the speed of granting permits and licenses, labor rules, environmental restrictions, protection for assets such as

This report provides one internal audit on Harris Real Estate and to evaluate the work opportunities for me to work as one marketing manager in the corporation. The finding section suggests that Harris Real Estate is one successful corporation in the real estate industry in Australia, I am interest in the marketing manager position in the corporation while my current knowledge, skills and experiences failed to meet requirements of the position. The discussion and analysis section discusses my opportunities and threats of undertaking the position, and result that I could be one marketing manager in Harris Real Estate in the new future with certain efforts. It is recommended that the marketing manager position in Harris Real Estate is one good

Legal Factors: Businesses can be affected by many aspects of government policy. In particular, all

Non-compliance to the legal obligations may have an impact on the business. There are several strategies that are implemented by governments to ensure compliance. These include infringement notices, prosecutions, revoking, suspending or cancelling authorisations (including closing the business) and/ or removal of equipment (Safe Work Australia, 2011).

It is vital to consider factors arising from changes to the law, since the last decade has seen a significant rise in the breadth and depth of the legal regulations within which organisations have to operate. Legal compliance has become such an important issue during this period that many business analysis assignments have been carried out for the purpose of ensuring compliance with particular laws or regulations. Some legal issues may originate from the national government but others, for example EU laws or global accounting regulations, may operate across a broader spectrum. One key issue when considering the legal element of the PESTLE analysis is to recognise laws that have an impact upon the organisation even though they originate from countries other than that in which the organisation is based.

The government activities and legal forces affect the marketing activities of an enterprise because a change in law relate to production a certain product forces an enterprise to comply in order to carry out its activities. This means the organizational has to make some adjustment to its marketing which may cause delay of the products to its consumers. eg Anti pollution laws influence marketing plans and policies

The legal environment of business provides principles, standards, and rules that regulate how businesses should operate (Meiners, Ringleb & Edwards, 2012). In the modern business environment, businesses need not only be cognizant of rules and regulations in the form of legislation and common law but are also subject to “ethical, legal, social, political and international” (Meiners et al., 2012, p.20) norms. For a business to succeed it is vital for managers to understand the legal environment to ensure that they conduct their business affairs within the parameters of the law,

Peaceably settling disputes, checking government power, serving the economy and society, and protecting the environment are only a few roles the law plays in business and society. Although the government creates these laws, there have to follow the

The Legal legislation also has a critical impact on the business. The change in legislation can directly influence the business performance and its success.

Starting a new business can be challenging and bring risks as well as great opportunities. Many companies made decisions to do internal business within the United Kingdom and became very successful. The United Kingdom is known for striving progression with innovations. They greatly encourage and support entrepreneurs, creatives and even problem solvers who can assist with helping the economy for the country. This student will be going over a couple of different factors and issues that businesses will have to face in the United Kingdom.

United Kingdom (UK) stands at No. 12 in ranking out of 134 countries from 2008 to 2011, and has a very good ranking on Infrastructure, Labor market efficiency, Technological readiness and Market size according to GCR (2011). The purpose of this report is to conduct an analysis of general business environment in UK and offer a guide for making investment decision.

In relation to business, the achievement of business objectives would be impossible without law because companies would carry out their activities in a free-for-all environment. Therefore, law primarily governs every aspect of business in order for businesses to function smoothly and avoid hurting each other and their customers. According to Bushman (2007), the absence of laws to govern people's actions, the society, and businesses would make it difficult for the society to function and contribute to the likelihood of collapse.