B) analyse the impact of global factors on uk business organisations organisation’s business activities get affected by global environment as it gets affected by its competitors the global factors which may the effect the uk business organisation comprise of social, legal, political, technological and economic factors.
42) impact of global factors on uk business organizations businesses can be affected by external environment global factors influencing business includes political, economic, social, technological and environmental political factor it refers to the changes in government and governmental policies. 42 analyze the impact of global factors on uk business organizations international trade and the uk economy: global factor give the opportunity to make international trade which is boosting uk economy.
The global factors affecting business are the issues that willinfluence the way business runs from one country to another someof the main factors are political, legal, social as well astechnological developments.
The impact of global forces on uk business organisations can be effectively analysed using pestel analysis where the abbreviation stands for political, economical, social, technological, ecological, and legal factors impacting businesses the following table contains the application of pestel analysis in relation to businesses operating in the uk. Global factors impacting on uk business organizations assignment 2 task 1 introduction selecting an international uk company as an example to study and analyze the case.
Global factors always impact on international business/trade all over the world according to allan m (2009) international business refers to the study of transactions taking place across national borders for the purpose of satisfying the needs of individual and organization.
The impact of political, economic, socio-cultural, environmental and other external influences understanding organisations: can enable an organisation to anticipate future business threats and take action to avoid or minimise their impact analysis factors potential impact implication and importance.