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Business environment, Royal Bank of Scotland

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Business environment, Royal Bank of Scotland

  1. 1. BRENDA NAKAUNDI 928909 SALEHALMAHDI ROUDI 924073 RAMASHA REHMAN 939146 QUN ZHAO 866927 Presentation By:
  2. 2. Impact Of Business Policy  Policy’s Impact  Policy’s implementation  Policy’s relevancy  Policy’s effect of efficiency and reliability  Policy’s foundation
  3. 3. Economics  Production and expenditure of goods  Production and consumption of goods and services
  4. 4. Types of Economics  Microeconomics  Macroeconomics
  5. 5. Factor of production  Land  Labour  Capital  Enterprise
  6. 6. Economic Resources  Natural Resources  Human Resources  Capital Resources
  7. 7. Monetary Policy  Influencing the supply and demand for money  Controlled by the Central Bank  Low inflation  Changing interest rates
  8. 8. Fiscal Policy  Control of aggregate demand  Central government spending  Local government spending
  9. 9. Difference between Fiscal and Monetary  Monetary: interest rates set by the Central Bank  Fiscal: influence by the government spending and taxes
  10. 10. Similarities between Fiscal and Monetary  Reduce economic fluctuations  positive economic grow
  11. 11. The UK economy  Size  Structure
  12. 12. Government Economic Goals  Goals  Balance of payments  Incomes policy
  13. 13. MARKET STACTURES Perfect Competition  Many firms  Homogeneous  Price takers  Easy entry and exit
  14. 14. Monopolistic Competition  Many firms  Differentiated products  Price make  Easy entry and exit
  15. 15. Oligopoly  Few firms  Firms are independent  Price makers  Entry and exit difficult but can occur microeconomicsstephan.blogspot.com/2
  16. 16. Monopoly  Only one firm  No close substitute  Price maker  Entry by other firms not possible http://www.s-cool.co.uk-
  17. 17. MARKET FORCES  Elasticity of demand  Elasticity of supply
  18. 18. Key environmental factors  Political  Economic  Social  Technical  Legal  Environmental  Culture environment
  19. 19. International trade to UK business organization
  20. 20. The impact of European policies in the UK Government perspectives on trades:  Promoting industrialisation  Protecting employment  Protecting consumers Tools of governmental trade policy:  Tariff  Import Quota  Local content requirements
  21. 21. Conclusion
  22. 22. Bibliography  Campbell, D and Craig, T. organisations and the Business Environment, Second Edition, 2005 Oxford  Hall, P. The Business Environment, Sixth edition, 2009, London  http://www.scribd.com/doc/21445760/Organization-culture  http://businesscasestudies.co.uk/business-theory/strategy/corporate-and-organisational- culture.html#ixzz2s0Kema53  http://businesscasestudies.co.uk/business-theory/strategy/corporate-and-  Thetimes100 on Twitter | thetimes100casestudies on Facebook  http://businesscasestudies.co.uk/business-theory/marketing/demand-and- supply.html#ixzz2ryyHLoV4  http://www.investorwords.com/16551/market_structure.html#ixzz2rRaY1erM  www.investopedia.com/university/economics/economics4.asp  http://wwwimages/.bing.com

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