PESTLE Analysis Of Child Poverty In New Zealand

1600 Words7 Pages
According to Gandhi, “There’s enough on this planet for everyone’s needs, but not for everyone’s greed” (Sachs, 2011). Which illustrates to everyone have enough resources for everything but some people’s desire to cause poverty in the world. The business proposal focussed on poverty, especially child poverty in New Zealand. The social problem would be children’s educations are affected by poverty. The report and proposal will have focused on introducing child poverty in New Zealand, how capitalism caused child poverty, business concept to solve child poverty in South Auckland and selecting three aspects of PESTLE analysis to identify issues that may arise and impact when setting up the business. The three aspects of external environments
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Capitalism shows the system of right to live, liberty and to be live happily. At the same in the political side, it’s a laissez-faire system or a free market. Legally, it’s an objective law system means “rule of law as opposed to rule of man” (Rand, n.d). The system plays large role in the day-to-day life in different ways. The elements of capitalism have contributed towards child poverty in New Zealand. The elements of capitalism are means of production that privately owned; profit motive, the right to earn money and distribution is by means of market exchange (Homesandiego, n.d). In New Zealand Government, capitalism plays large role as an economic motive system. As a result, it created a poverty line between working and middle class people. If children fall under these groups, there is a chance it may leads to fall under poverty. In a simple way to understand how capitalism contributed towards child poverty towards working-class people with no inherited wealth and money. Therefore, working class people forced to sell their skills to survive. The Capitalist buy that skill, then convert to money and become rich and powerful. On the other side, middle class people become poorer (World Socialist Movement, n.d). The conclusion is that children are getting poorer due to their parents getting low income. The neoliberal policy…show more content…
Without following any rules and regulation, the business could face serious problems. Therefore, it is important to know the basic rules, legislation and other legal requirements. In New Zealand, starting a business is quite easy, but there are certain aspects that need to consider. Such as Business structures, name, registration, obligation to pay taxes, Licences, consents and permits (Business.Govt, 2015). Since the FABRICK Enterprise will based on Online platform they have to consider some of the internet trader rules and regulations such as providing good information about business, costs and terms and conditions of goods and services, avoid spamming and maintaining a Privacy Principles all the time (Business.Govt, 2015). When operating a business in New Zealand with consumers, there are key legislations that may affect business such as, under the Consumer Guarantees Act 1993. As a trader, there are obligation and guarantees to meet such as, goods should be acceptable quality for a reasonable time, fit for purpose, match the description, must have reasonable parts and provide timely delivery (Citizen Advice Bureau, 2016). Whereas Fair Trading Act 1986 involves in trader should not misleading or deceptive conduct like giving a false impression on product, false representations and unfair business practices by the trader. The product safety and Information disclosure should maintain all time
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