Influential Factors of International Business and...

A Business Growth and Strategy Project On INFLUENTIAL FACTORS OF INTERNATIONAL BUSINESS AND INTERNATIONAL BUSINESS ENVIRONMENT By: Ankit D Jethani 6937 Business Environment consist of every factors influential to the business operations. These factors are classified into two broad categories. These are: a) External or Uncontrollable factors of Business environment. b) Internal or Controllable factors of Business environment. External Factors: The factors those are not controllable at any cost but have to adopt for success of business are external or uncontrollable†¦show more content†¦However, spending on clothing and footwear, cars and entertainment would reduce. The report cited that investment in retirement villages and aged care accommodation, in particular, would continue to grow, with construction of aged care facilities topping $1.4 billion in 2007, up 38 per cent on the previous year, with the strongest activity in Tasmania and South Australia. Businesses involved with health care are likely also to be winners from an ageing population, with older Australians expected to line the pockets of the health industry. New technologies and medical procedures provide clear areas of opportunity for businesses operating in these sectors. Significant investments in health care technology are required to meet the demands of the aged, who wish to maintain quality of life into their senior years and are generally prepared to pay to get it. The Impact of the Mini ‘Baby Boom’ and Growing Migration It’s not only the ageing population that will cause a seismic shift in Australia’s demographics. The large intake of skilled migrants from overseas and a mini ‘baby boom’ have helped drive population growth, which in turn has pushed the Australian economy along. This, of course, has already provided businesses with enormous opportunities. According to PKF’s Business Population Monitor, populationShow MoreRelatedInternational Human Resource Management : Understanding The Cultural Environment1257 Words   |  6 Pagesmore critical for international Human Resource Management: understanding the cultural environment or understanding the political and legal environment? Why? Include key terms and concepts from the textbook. While there are many various global issues that affect the International Human Resource Management to run efficiently, there are two key concepts that play a major role in understanding how to approach them with cohesive and a well coherent strategy; they are the International Human RecourseRead MorePest Analysis for India1088 Words   |  5 Pageschance to move. India is rising. 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