Submitted by: Submitted by Olimita
Views: 717
Words: 9014
Pages: 37
Category: Other Topics
Date Submitted: 09/24/2011 03:10 AM
Q1. Select a company of your choice. Explain how politico-legal factors have created an opportunity as well as constraint for that particular industry or a business organization.
The organisation I am referring to, was facing a problem of declining sales/ market share for 2 consecutive year.
-a large manufacturer/ marketer of safety products
-the products are used as [personal protection safety] [ industrial safety]
-the products are distributed through the distributors as well as sold directly
-the products are sold to various industries like mining/fireservices/defence/
as well as to various manufacturing companies.
-the company employs about 235 people.
-the company has the following functional departments: *marketing, *manufacturing, *sales, *finance/ administration, *human resource,
*customer service, *distribution, *warehousing/ transportation, *TQM
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THE COMPANY ANALYSES THE FOLLOWING DATABASE AND APPLYS THE PROBLEM SOLVING/ DECISION MAKING APPROACH/FINALIZES THE PLAN.
-apply the pestel analysis with respect TO ITS BUSINESS
1.Political (incl. Legal)
-Environmental regulations and protection
ENFORCEMENT OF SAFETY /PROTECTION LAWS
-Tax policies
TAX INCENTIVES FOR THE USE OF PERSONAL SAFETY
PRODUCTS.
-International trade regulations and restrictions
REDUCTION IN TARIFFS ON IMPORTS OF
PERSONAL SAFETY PRODUCTS.
-Contract enforcement law/Consumer protection
The government enforcement on consumer protection
-Competition regulation
NO LIMITS ON COMPETITION
-Safety regulations
the government adopted some of the
modern safety regulations
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2.Economic
-Economic growth
SOUND ECONOMIC GROWTH
-Interest rates & monetary policies
interest rates under control / a sound monetary policies]...