OPPapers.com Essay Index >> Business >> Business
We have many free term papers and essays on Business. We also have a wide variety of research papers and book reports available to you for free. You can browse our collection of term papers or use our search engine.
Critical Topics to Explore before Starting a Small Business. ... A well thought out plan
will define goals for your business future to ensure growth. ...
Starting a Small Business. Starting a Small Business Entrepreneurship is the basis
of the American dream. ... Certain skills are beneficial in starting a business. ...
Business Entity Regulations. Business Entity Regulations Starting a business is
exciting and challenging. ... Corporation Is a complex business structure. ...
Utah Business Entity Regulations. ... In selecting an organizational structure, protecting
the business owner from liability is a primary consideration. ...
Uniting Business and IT. ... These managers are passionate about the business
information itself, rather than the information technology. ...
Submitted by SANTOSH1234 on October 12, 2007
Category: Business
Words: 1984 | Pages: 8
Views: 1113
Popularity Rank: 4,369
Average Member Grade: N/A (Add a Comment / Grade this Paper)
BUSINESS ENVIRONMENT
Business Environment mainly refers to external forces that impact business. Such forces include political-legal ,technological ,cultural ,economic and physical.
Factors under External Environment
All the factors that provides opportunities or pose threats to an organization make up its external environment.
DEMOGRAPHIC ENVIRONMENT
SOCIAL ENVIRONMENT
CULTURAL ENVIRONMENT
POLITICAL ENVIRONMENT
ECONOMIC ENVIRONMENT
FINANCIAL ENVIRONMENT
TRADE ENVIRONMENT
TECHNOLOGICAL ENVIRONMENT
LEGAL ENVIRONMENT
REGULATORY ENVIRONMENT
TAX ENVIRONMENT
ETHICAL ENVIRONMENT
External environment consists of 1. Micro Environment 2. Macro Environment
1. Micro Environment
Micro environment is called as the task environment and operating environment.
Micro environment forces have a direct bearing of the operation of the firm.
These factors are present in companies environment and affect on the performance of the companies.
Includes suppliers ,marketing intermediaries .competitors,customers and public.
Micro environment are more intimately linked to company than macro.
Suppliers :
o Those who supply inputs,raw material and components
o Uncertainty in supply compels high inventory cost.
o India maintains stocks of 3 to 4 months were as Japan maintains for few hours.
o Eg : Nirma believes of the logic that captive production plant for raw material is best for cost control.(backward integration)
o Co feel outsourcing is more beneficial
o Risk to depend on single supplier
o Globally companies are resorting to partenering relationship marketing.
Customers:
o Business exists because of...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!