Introduction and Theoretical Framework A.
Transport and Communication System 7. Money Supply in the Economy 8. International Debt ii Social Environment: Social Environment consists of the customs and traditions of the society in which business is existing.
It includes the standard of living, taste, preferences and education level of the people living in the society where business exists. JPG The businessman cannot overlook the components of social environment as these components may not have immediate impact on the business but in the long run the social environment has great impact on the business.
So, they condemned the use of the product and there was no demand of Pepsi Cola in that region. So, the company had to change its advertisement slogan as it cannot survive in market by ignoring the sentiments of the people. In India also, there are many Social reforms taking place and the common factors of Indian Social Environment are: Some Aspects of Social Environment: Quality of life 2.
Importance or place of women in workforce 3. Birth and Death rates 4. Attitude of customers towards innovation, life style etc.
Education and literacy rates 6. Tradition, customs and habits of people iii Political Environment: Political environment constitutes all the factors related to government affairs such as type of government in power, attitude of government towards different groups of societies, policy changes implemented by different governments etc.
The political environment has immediate and great impact on the business transactions so businessman must scan this environment very carefully. For example, in when Janata Government came in power they made the policy of sending back all the foreign companies.
As a result the Coca Cola Company had to close its business and leave the country. The common factors and forces which have influenced the Indian political environment are: As a result the Coca Cola which was sent back in came back to India. Along with Coca Cola, Pepsi Cola and many other foreign companies are establishing their business in India.
Some Aspects of Political Environment: Present political system 2. Constitution of the country 3. Profile of political leaders 4. Government intervention in business 5.
Foreign policy of government 6. Values and ideology of political parties iv Legal Environment: Legal environment constitutes the laws and various legislations passed in the parliament.
The businessman cannot overlook the legislations because he has to perform his business transactions within the framework of legal environment. Most of the time legal environments put constraints on the businessman but sometimes they provide opportunities also.
The common instances of Indian legal environment which have influenced business transactions recently are:• Unsubstantiated assumptions can hurt a business plan; the business owner Business Plan Outline Cover Sheet: Business Name, Address, Phone Number, Principals Executive Summary or Statement of Purpose Table of Contents here gets in the way of the main .
|The Key Elements of a Good Project Plan | Project Smart||A strong call-to-action motivating the audience to join the cause Example: Business Proposal to Investors Be direct:|
THE ELEMENTS OF A PROPOSAL. Frank Pajares. Emory University. Outline the general plan for collecting the data. This may include survey administration procedures, interview or observation procedures. Include an explicit statement covering the field controls to be employed.
The Elements of a Business Plan: First Steps for New Entrepreneurs Outlines the basics of a business plan Outcome: Readers will understand the purpose of and elements required to write a business plan for a new venture By organizing your thoughts on a possible business venture statement—is written to outline intentions and motivations.
Cranium Filament Reductions hair salon business plan executive summary. Cranium Filament Reductions is a hair salon offering value priced services for the entire family.
The Nine Key Elements of Successful Proposals By Jay Katz Introduction Opening up a grant award letter is one of the most exciting responsibilities in the life of a nonprofit executive! Prioritized Implementation Schedule These elements become the foundation of a workable and achievable business plan.
The strategic planning process explores essential questions about the purpose of being in business.