The Business Environment

The Business Environment : A Global Perspective

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In an uncertain economic environment with fast-paced changing cultures and contexts, today's organizations can seem a tricky and complex world to understand. The Business Environment - A Global Perspective endows students with a toolset for identifying, analysing and planning for external (PESTLE) and internal factors in business strategy. This book is about all of us and the world we and businesses live in, because organizations do not exist in a vacuum.

Now in its eighth edition this text gives students the fundamental knowledge of how domestic and international business environments operate in a systematic and logical approach. The Business Environment takes the reader through contexts, types of organization and markets, dealing with contemporary issues in socioeconomic, political and legal structures.

* Clear explanations of economics such as why the prices of things we buy might go up or down, or why at any given time it might be harder or easier to get a job.

* Put theory into practice with a wealth of case studies from a diverse range of local and international organizations such as Facebook, GSK and JCB building into more detailed International Business in Action part case studies providing real life data to analyse on e.g. Quantitative Easing and the global financial crisis.

End of chapter review and discussion questions along with assignments - to test both your knowledge and understanding and how to apply the concepts in real life, and new - Brexit, contexts.

Ian Worthington is Emeritus Professor of Corporate Sustainability, Chris Britton was formerly Principal Lecturer, and Ed Thompson is an Associate Professor in the department of Strategic Management and Marketing at the Faculty of Business and Law, De Montfort University, Leicester, UK.
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Product details

  • Paperback | 536 pages
  • 195 x 265 x 18mm | 775g
  • Harlow, United Kingdom
  • English
  • New edition
  • 8th New edition
  • 1292174358
  • 9781292174358
  • 910,179

Table of contents

Contributors xviii
Preface to the eighth edition xix
Acknowledgements xxi
Guided tour xxiii
1 Business organisations: the external environment 3
2 Business organisations: the internal environment 17
3 The global context of business 39
International business in action: The global car industry
and the changing business environment 55
Part Two CONTEXTS 59
4 The political environment 61
5 The macroeconomic environment 99
6 The demographic, social and cultural context of business 135
7 The resource context: people, technology and natural
resources 157
8 The legal environment 183
9 The ethical and ecological environment 209
International business in action: Migration 225
Part Three FIRMS 227
10 Legal structures 229
11 Size structure of firms 259
12 Industrial structure 285
13 Government and business 311
International business in action: A lot of bottle 337
Part Four MARKETS 339
14 The market system 341
15 Market structure 365
16 International markets and trade 389
17 Governments and markets 417
International business in action: Working with the grain
of the market 445
Part Five CONCLUSION 447
18 Strategy and the changing environment 449
Glossary 475
Index 495
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About Ian Worthington

Ian Worthington is Emeritus Professor of Corporate Sustainability and Chris Britton was formerly Principal Lecturer in the Leicester Business School, De Montfort University, Leicester, UK.
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