Positive negative impact of macro environment factors
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Added on  2022/11/29
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This presentation discusses the positive and negative impacts of macro environment factors on businesses. It covers topics such as political stability, labor law, corruption, trade restrictions, tax policy, and government policy.
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Business and business environment LO 3 & LO 4 PRESENTATION
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Positive negative impact of macro environment factors Positive ImpactNegative impact Low cost tends to be involved in terms of makinganychangesinrulesand policies in the United Kingdom because of political stability. Because a major portion of income is paid in the form of duty, the imposition of import duties tends to reduce firm profitability. Political factor:It covers various factors such as political stability, , labour law, corruption,trade restrictions, tax policy, government policy etc.
SWOT Analysis of Both Public and Private Sector Organisation SWOT Analysis of GM Motors. Strength- •Joint partnerships with Chinese automobile manufacturers •Vehicles that are both safe and environmentally friendly •Brand portfolio that is strong •In the automobile market in the United States, we have a strong presence. •Environmental policy and sustainability •On Star is a one-stop shop for all things automotive. Recalls of uncommon products
Strength •BBC is considered as one of the largest as well as oldest broadcaster in the whole World. •In all over the World it create goods image of their reputed brand in the mind of audience of different countries. •They also called as most fastest news broadcaster on .radio and television BBC SWOT
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PEST of GM Motors Political Factor--The automobile business is a standardised one. Companies in the automotive industry must adhere to the legislation enacted by various governments. Government inThe prices of replacement parts and labour might skyrocket as a result of recalls. Not only are the expenditures involved, but the company's brand image may also be harmed. China is a prospective market for General Motors on its path to future growth.However,theescalatingtradewarbetweenthe UnitedStatesandChinaappearstobeimpedingtheir progress. investigations might result in expensive fines and car recalls.
Environmental- PEST continued….. The raise in the costofraw materials used to make the product might have a significant impact on General Motors. Increases in raw material prices can lead to an increase in the cost price and, as a result, a decrease in profits
Continued… Social-Aspeoplearebecomingmoreenvironmentally conscious,theintroductionofelectricvehicleshasthe potential to drastically alter people's habits and purchasing habits. General Motorsshould do a thorough investigation and developmarketingtechniquesthatappealtothesocial segment. In terms to increase customer base , GM's subsidiary offersmodernservicessuchasrelatedtosecurityand automationto its consumers.
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Continued… Technological-As the vehicle industry is undergoing significant technical changes, General Motors invests extensively in new and developing technologies in order to get a competitive advantage and stay in the market. One of its initiatives is to limittheuseof gasoline-poweredcars and, as a result, greenhouse gas emissions.
PESTLE of BBC Political:TheUSandUK'spolitical stabilityintermsofrulesand regulations will assist the BBC improve their brand image on a huge scale in the future (Huang and et. al. 2013).
Continued… According to the findings of the aforementioned analysis, all sorts of organisations must adhere to all legal requirements in the operating nation.
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Continue…… .External variables have both a good and negative influenceontheorganization'sperformance.GM Motorshasasystemthatenablesseamless operations,allowingthecorporationtoobtaina higher likelihood and market share
Conclusion It is vital to work in accordance with the law in order to run a successful business. Staff members from several departments work together successfully without experiencing any business interruptions when collaboration and coordination are maintained. Structures are set up according to the size of the organisation for the purpose of giving orders and commands.
LO- 3 External Analysis with their impact to org. Political factor :It involves various topic such as labor law, tax policy, government policy, political stability and so on. Positiveimpact-Duetothereasonpoliticalstabilityin UKstates, thatany changes in regulations and regulations come at a cheap cost. Negative-Import tariffs tend to diminish firm profitability since a substantial amount is paid as duty.
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