NATURAL ENVIRONMENT

Contemporary Business Environment of ASDA

Abstract – Contemporary Business Environment of ASDA

ASDA is one of the largest organizations worldwide in case of number of employees, revenues, and organization’s structure. Organizational behavior is that it is related to the behavior and attitude of the employees, employers in the organization as individual or as a group.  Economic environment, Natural environment, Demographic Environmental and cultural environment have huge impact in organization behavior to all the parties in business internally or externally regarding the fact of Contemporary Business Environment of ASDA.  Organizational environment is the forces or factors surrounding an organization and these factors influence the resources, performance, competency, manpower, and procedure. It also composes of the factors existing outside the organization and likely to affect it such …

Contemporary Business Environment

Contemporary Business Environment of Sainsbury

Abstract

Contemporary Business Environment is vastly related with Natural environment, cultural environment, political environment and economic environment. Economic environment means the economic conditions, different economic policies and economic system. Non-economic environment includes countries socio cultural economy, natural environment, and cultural, political, legal, technological and demographic environment. In that case, Economic policies are the part and parcel to adjust the economic situation of any country. The monetary policy of the country deals with money supply and fiscal policy helps to adjust the spending of the government relating with the government revenue from tax and vat taken from the people of a nation. Inflation rate, Foreign Currency, Taxation and International trades have great impact on economic system.  …

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