Legal environment

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

system affect the company performance? Do they have to adjust / alter their product or services to fit with the host country market needs? How does the company face the competition? e. How does a host country political and international legal environment or trade barrier affect the Malaysian companies in their international marketing activities? Bagaimana sebuah negara tuan rumah persekitaran politik dan antarabangsa undang-undang atau perdagangan halangan menjejaskan

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

organization’s current and future strengths, weaknesses, opportunities, and threats. General Environment The component of business external environments, the general environment represents the forces that exist outside of the company that have the potential to indirectly affect it in some way. Although businesses cannot control what takes place within the general environment, evaluations of the general environment can allow businesses the opportunity to predict changes and also to identify future opportunities

is the effect that the move will have on the environmental and community stakeholders of the Dominican Republic. Legal It would be unlawful for the any company to dump toxic sewage into the Chavon River, or any river for that matter, by doing such a thing it puts the new community at risk of disease and illness. Also, by polluting the river, it will contaminate the local environment and wreak havoc

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

environmental ethic. There needs to be a concern on the ability to provide information that changes behaviour towards the environment i.e. not stopping at awareness creation but to also go through education & advocacy. This led to the enactment of the Environmental Management and Coordination Act. (EMCA). With the enactment of the EMCA, the fundamental principles on the environment espoused in various multilateral environmental agreements and intellectual discourse were incorporated into Kenyan law

business including social, legal, economic, political, and technological forces that they have had to overcome and adapt to. Due to these factors, McCain has had numerous opportunities and threats that affect business strategy, philosophy, and initiatives. The volatility, uncertainty, complexity, and ambiguity of strategic planning and decision making and how it affects McCain’s strategy will be discussed below to show how McCain is handling changes in the environment and their business outcomes

Business Environment Assignment The PESTEL analysis shown in the appendix portrays some of the issues in the external environment that a firm manufacturing and supplying luxury men’s clothing may experience. In all six sections; political, economic, social, technological, environmental and legal there are issues that the firm would face. However, some have more significance to others. Although political, technological and environmental factors would have a big affect on the firm, when looking at

compete with Nestlé’s product portfolio. 4. Rising raw food prices. With an overall growth of world economy and population, the demand for raw food will rise. The result of that will be higher material costs and squeezed margin for Nestlé. External environment of an organization which measure market potential and situation, by indicating growth or decline is analyzed with the help of PESTLE