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Btec Business Level 3 Unit 1 P4 Business

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P6 Tesco/ Kirkwood Political Tesco operates worldwide so the global political factors influence the performance of the business. Which include tax rates, acts of legalisation and the stability of the county the business operates in, because of the ongoing financial instability in the world and a lot of the governments encourage the retailers to create jobs for the country. Tesco can create opportunities for employments which also increases the demand for their products and diversifies its workforce. One example of political is to increase or decrease in tax. The government might increase taxes for some company and decrease for others, this will have an impact on Tesco so they need to always stay up to date with political factors so they …show more content…

This means that they have to rely on other organisations to offer assistance and help the events so that they can afford their stuff that they need. Political stability is a factor that affects Kirkwood Hospice in a positive way as this can be useful for them because it means that they can help the government achieve its goals by changing the supplies that the charity uses and the operations that they carry out. Taxation doesn’t affect Kirkwood as they don’t make any profits from their operations that they carry out after all they set up to provide a service and all the money they get goes back to the organisation to make any improvements in the …show more content…

Kirkwood area affected by the business as they have to keep records on the people that are part of their organisation and they need to send the annual report of the company. Kirkwood will have to have contracts with the volunteer workers as they will be doing certain tasks given by the organisation in the way that is safe. However it is also essential for the employees to give details in their contract as this is also a factor which includes things such as their names, job title, employment date, address, hours and notice period. Certain regulations do not apply to the volunteers for example the minimum wages regulation as they are not actually being

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A detailed account will be provided and information will be built upon from the previous task. This report will include an analysis of the previous assignment in which political, legal, social and technological factors were discussed and how they affected selected businesses. An in depth explanation about how these factors affect businesses, Carphone Warehouse and Dogs Trust will be given. Carphone Warehouse: A factor which affects Carphone Warehouse is political factors.

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