Political Factors Experts argue that in 2014, US domestic legal regulations will follow the trend of 2013 by raising taxation issues and slowing the expansion and growth of online retail (State Legislatures, 2013; Tribbey, 2013). As a result of this emerging political factor, internet retailers should further seek governmental support from US Senate and Congress Commerce Committees in order to receive benefits in regard to taxation. Online retailers therefore should also seek the assistance of local authorities in order to develop the demand for e-commerce to an even more significant level. They can expand operations through strengthening political relationships. The online ecommerce industry needs either pre-determined national priority supporting the e-market development or strong governmental lobbying of the internet-based industry in order to increase the industry’s capacity to earn. Therefore the industry should approach US taxation issues (Marketplace Fairness Act) in order to facilitate conditions friendly to the e-commerce development (State Legislatures, 2013; Tribbey, 2013). Economic Factors According to The United Nations Department of Economic and Social Affairs, the research suggests the US and global economy are expected to grow at a pace of 3.0 percent in 2014 and 3.3 percent in 2015, compared with an estimated growth of 2.1 percent for 2013. Since US online retail companies deal in US dollars, fluctuations of currency in 2014 can cause issues when selling via the internet. Currently, there are forecasts that global economy will be improving, and internet sales will grow (DeTar, 2013; Miller, 2013). Economy standards of particular countries might require specific str... ... middle of paper ... ...p://www.strategicmanagementinsight.com/swot-analyses/amazon-swot-analysis.html 29. Tsuruoka, D. (2014, January 9). Amazon’s third-party retailers sold over 1 billion items in 2013. Investor’s Business Daily. 30. Tribbey, C. (2013). Supreme Court passes on Amazon tax case. Home Media Magazine, 35(49), 31. World Economic Situation and Prospects 2014: Global economic outlook (Chapter 1) http://www.un.org/en/development/desa/publications/wesp2014-firstchapter.html. Web 3 Feb 2014 32. Vella, Matthew. "Business & Money." Business Money Amazon Wants to Send You Stuff before You’ve Even Decided to Buy It Comments. Time Magazine, 18 Jan. 2014. Web. 31 Jan. 2014. 33. "Zacks Investment Research." E-Commerce Stock Update. Zacks, Nov. 2013. Web. 01 Feb. 2014. 34. "Smartphone Users Worldwide Will Total 1.75 Billion in 2014." - EMarketer. N.p., 16 Jan. 2014. Web. 02 Feb. 2014.
organization's internal and external environments. The basic purpose of environmental scanning is to help management determine the future direction of the organization (Barnat, 2004). For a business to succeed, it is important to study the business environment of the firm that consists external and internal influences that affect the firm’s decisions and performance (Grant, 2010). Environmental scanning includes the assessment of Macro and Micro environmental analysis. Source: http://www.whatmakesagoodleader
Overview Conoco Phillips has placed themselves among the top of the list when it comes to major oil producers in the USA. They are one of the largest independent exploration and production companies based on reserves and production of oil and natural gas. They are involved in several different points of exploration which includes the ability to globally explore, produce, and develop crude oil. Conoco has an unsurpassed commitment to safety in the Oil & Gas industry in which they hold operating excellence
Introduction Over the past few years, the global business operating environment has increasingly become challenging. First it was the global financial crisis followed almost immediately by the Europe crisis-which is currently threatening to become a global economic crisis-that presented these challenges. It was argued that economies, such as Jordan which are relatively smaller players in the Global arena would not suffer the adverse effect of the crisis. In fact Jordan and Lebanon were the main
ever changing and unpredictable. However, fundamental knowledge and a basic understanding of the factors that influence changes in the market; may help to see market trends as well as navigate through real estate cycles. This paper will give a basic analysis of the real estate market by looking at different types of real estate markets as well as the influences on the value and uses of property within
2.0 External Analysis The external analysis is divided into macro and micro environment, the macro or remote environment includes general forces that do not directly touch on the short-run activities of the organization, but it can influence the long-run strategic decisions. There are various ways to analyze the macro environment, but the most notable model is the PESTLE analysis (Political, Economical, Socio–cultural, Technological, Legal, and Environmental). While, the micro environment is forces
SWOT Analysis ABC Complete Kitchens . SWOT analysis is used for companies to analyze their strengths, weaknesses, opportunities, and threats. This information can give some insight to improve internal weak areas and build on strong ones. External opportunities and threats will also be analyzed and potential strategic decisions can be made according to these results. This paper will produce a comprehensive SWOT analysis for our organization which will then be implemented in the overall strategic
Summary Key indicators as well as commentary analysis from leading economists suggest that Australia has indeed transitioned out of the trough phase and started the recovery stage of the business cycle, as it can be inferred aggregate demand is expanding. However government fiscal policy is not Introduction This report will look to analyse the media commentary relating to Australia’s fiscal policy and how that will affect Australia’s aggregate demand and thus determine which phase of the business
The present risk assessment work emerged from my interest in the BRIC countries and the fact that they represent a big part of the world’s economic potential. In the following analysis I will focus on the main economic, political and financial risks in Russia. Russia is the largest country in the world in terms of area and the world’s ninth most populous nation with 143 million people. Due to its large area the country is situated in 4 different climate zones and has vast natural resources. Russia
Uganda, formally known as the Republic of Uganda, is a poverty stricken country plagued with economic instabilities. Since the 1980’s, the economy has remained on a fairly steady climb, but many have doubts about the continuation of growth. Uganda will never achieve a stable economy if they do not establish changes to their infrastructure. To implement these modifications and maintain economic progression, Uganda will need 1) better government determination to end corruption, 2) commitment to improve
For the last two years, the car industry has experienced constant changes in the world political conditions, economic climate, socio-cultural transformation and technological advancement. Today’s carmakers have been astonished by the increasingly growing demand in the developing world, and also struggled to meet all the demanding environmental regulations in most countries in the world. In addition, the new development of mega cities, and the emergence of new technologies have urged automakers to
includes language, laws and regulations, currency exchange rates, career outlooks and company benefits. The most important knowledge is about the ethics of foreign business contracts. The members of International Human resource must understand the differences of culture and ethics in an organization and should be aware of it. There are various HR challenges of International Business. It is a complex job to deal with global staffing. In contrary, there is a huge competitive advantage of it if an organization
a good position, however, to reclaim this market with the financial resources to back a sales and marketing and public relations push. The following two charts summarize the strategic group that Maxwell House belongs to and the SWOT analysis. Summary of SWOT Analysis Strengths: S1. Product research and development S2. Sales and marketing Opportunities: O1. Increase interest in flavoring options Weaknesses: W1. Weak brand Threats: T1. Intense competition Based on this, and further information found
nation’s prosperity is dependent on its economic fortitude. In a constant state of fluctuation, economic prosperity is often fleeting, with a single event capable of causing economic turmoil for decades to come. The terrorist attacks of September 11, 2001 acted as a catalyst for economic change in the United States. The attacks presented isolated economic desolation, but the growing concern for security and the war on terror provided the greatest economic impact for the United States and the world
Macro-environment analysis: Opportunities and Threats PESTLE Analysis Market Analysis The overall industry saw a strong boom rate from 2010-2014. The global hotels & motels industry had total revenues of $677.1bn in 2014, representing a compound annual growth rate (CAGR) of 4.6% between 2010 and 2014. In comparison, the Asia-Pacific and US industries grew with CAGRs of 6.6% and 5% respectively, over the same period, to reach respective values of $163.7bn and $166.2bn in 2014(Global Hotels & Motels
Strategy analysis focuses on the long-term objective generating alternative strategies, and selecting strategies to pursue. The firm’s present strategies, objectives and mission, couple with the external and internal audit information, provide a basis for generating and evaluating feasible alternative strategies (David 200). L’Oreal has numerous competitors. To have an advantage on competition, L’Oreal has to apply some strategies that include internal audit information and external opportunities