Friday, July 26, 2019
Analyzing assignment details Essay Example | Topics and Well Written Essays - 250 words
Analyzing assignment details - Essay Example When the business is expanding, it must take into consideration political concern of the surroundings in order to operate efficiently. The surrounding politics determine whether the company will continue operating or not. For example, when the company is expanding, it must consider such things as the environmental conservation and employment of the local people. If the company is expanding, but it is not given the local priority in employment, it might be faced with politics from the company (Nordhaus,2009). In fact, the local politics might force the company to close down if the pressure from the local people is unsustainable. Thus, for the company to be efficient after expanding in its operations, it must take into consideration the politics of the surrounding people. It needs to analyze the needs of those people for it to expand and operate efficiently. The economic status of the surrounding people also determines whether the company is expanding. For the painting company to grow, it needs to take into concern the economic status of its surrounding (Nordhaus,2009). If the surrounding people are poor, then the expansion of the company might be hard. The economic status of the surrounding determines the purchasing power of those people. It is thus important that the company analyze the economic status of the surrounding people before it expands its operations. Nordhaus,Ã W.Ã D., Kokkelenberg,Ã E.Ã C., & National Research Council (U.S.). (2009).Natures numbers: Expanding the national economic accounts to include the environment. Washington, DC: National Academy
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