Business: Basic Components Of An Attractive Business Climate (Coursework Sample)
Identify and discuss the basic components of an attractive business climate. Comment on the extent to which a fast food restaurant franchise might make a different assessment of relevant factors that would a capital-intensive business such as an oil refinery and pipeline company.
You must include the 3 global business characteristics and explain/assess how each characteristic differ for fast food and oil refinery/pipeline company.
A daughter of a well-known financier is currently in her first year of college but has decided that she was definitely want to earn an MBA degree as soon as possible after earning her four-year college degree. Outline the five steps in effective planning and use these planning guidelines to develop an appropriate plan for her.
You must include the five steps and explain accordingly based on the above situation on Q#2.
The environment is a business dimension. Business has got no influence over the environment but instead, can change according to the changes in the environment for its own good. An attractive business environment is characterized by; first positioning the business for easy access of the growing market, secondly, a place for building its manufacturing plant or offices must be effective and cost-efficient at the same time and finally, shielding the company from political risks. The assessment of the factors that a fast food restaurant franchise would make is totally different from that of intense capital business such as pipeline company or oil refinery due to the above-named characteristics.
Looking at the first fact of positioning the business in the growing markets; a fast food restaurant must be positioned where there is a growing market, for ready customers. Unlike the fast food restaurant, an oil refinery business maybe p
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