Business enviroment Essay Example | Topics and Well Written Essays - 1750 words

Business enviroment - Essay Example The micro level or the task environment consist of the competitive forces and the environmental uncertainty and external stakeholders of a business. The relationship of a company with its external environment is difficult. As such, it is important for all types of companies to have an understanding of the way in which the external environment functions and changes. The external environment of any company is an essential driver of the success or failure of the company because they support the five main objectives of any company which are survival, growth, profitability, efficiency and stability. The constraints and opportunities in the external environment of a business are significant factors that can impact a business. Also, the external environment is a multifaceted and dynamic environment which undergoes continuous change. So, in order to remain in competition and sustain, a company has to essentially analyse the external business environment in a regular manner. PEST analysis is an important strategic management tool used by companies to analyse the external business environment. The PEST analysis includes an analysis of the political, economic, social and technological factors in the external environment that may directly or indirectly impact the survival, growth and profitability of a company. Bianchi will uses the PEST analysis tool to understand the political, economic, social and technological environment prevailing in the United Kingdom. The company can also use the tool to calculate the opportunities and threats in the external business environment of the United Kingdom bicycle industry. PEST analysis is a necessary analysis to conduct by any business when it plans to enter into a new market. Therefore, it is also necessary for Bianchi to uses the tool before taking decisions for expanding its business into the United Kingdom market. The existing situations in the external business environment can

Revolutions in the West Assignment Example | Topics and Well Written Essays - 1250 words

Revolutions in the West - Assignment Example With reference to Singer’s views, this paper aims to critically analyze and give views as to what can be termed ethical and justified with regard to such questions. In the process of establishing whether we should give aid or not to the poor, some people feel that giving aid helps only in increasing the number of people in the world. The end result is that more people end up in poverty (Dower, 1991). This argument seems a selfish one as the proponents view it as an increase in the global ecological catastrophes. When looked at empirically, then it would emerge that once basic developments are achieved in an individual’s life, population growth slows down (Dower, 1991). As well, being that global ecological dangers are connected to underdevelopment issues, affluence remains the only thing to be addressed (Dower, 1991). Whether this view would hold water with respect to giving aid to poorer countries and people, an analysis of Singer’s views would be critical. The question of whether wealthy people in affluent countries have a moral duty or not to help poor people in developing countries is a debate that Singer responds to by saying that we have an obligation to assist (Singer 172, 239). Considering the example he gives concerning a baby trapped in a pond, his premise and conclusion stand out both controversial and uncontroversial. A better analysis of whether this conclusion holds water or not shows starts by first examining the point of view that Singer gives (Singer 172, 239). Singer argues that if it is in our power to prevent something bad from happening, we should go ahead and do so by sacrificing anything of comparable moral significance. This is one view that would win the opinion of consequentialists and on the other hand repel those of nonconsequatentialists (Singer 172, 240). In his view, the conclusion he has can in a large way