External Business Environment Analysis - Urenco Group Northern - Free Essay Example

Sample details Pages: 4 Words: 1301 Downloads: 9 Date added: 2017/06/26 Category Business Essay Type Analytical essay Did you like this example? INTRODUCTION Two companies has been selected and evaluated for accessing and understanding their business environment. Company from Public sector is Urenco Group which is nuclear fuel company working under government and Northern has been selected from private sector which is operating privately in different countries for exploration of Oil and gas. Brief introduction to the companies is as follow. Don’t waste time! Our writers will create an original "External Business Environment Analysis Urenco Group Northern" essay for you Create order Urenco Group (Public Company) Urenco Groupis a nuclear fuel company which is operating manyuranium enrichment. It is working in United Kingdom, Germany, Netherlands and United States. It has supplied nuclear power station to about 15 countries in the world. According to them they had 29% share in global market during 2011. Urenco is using technology of centrifuge enrichment. Northern Petroleum (Private Company) Northern Petroleum Plc is Oil and gas exploration company based in United Kingdom. It works for exploration, development and production of oil and gas reservoirs. Sites of its main activity are located in UK, Italy, Netherlands and Guyane. Company has more than 50 licenses. Northern ahs two oil producing and six gas producing fields and its numerous projects are running for new exploration. Learning Outcome 1 Task 1: Purpose of Organization Mission: As Northern is transforming its main focus is to maximise the shareholder values. Their mission is t o focus on both sides of the exploration and oil production. Vision: Vision of Northern is to pay full regard for safety and health and to respect their neighbours. Objectives: Main aim of Northren is to keep the environment unchanged and accountability and integrity in all of their operations. Market Share: Market share of Northren have fall during last year. Ethical Issues: Northren is operting in transparent and responsible manner and this responsibility is main factor in achievements of their business.They are not only working according to the Govern,ent laws and company policied but also pay high value to neighbour communities and environment. Mission: Mission of Urenco is to enrich the future by development of their nuclear products globally and technology and services to support nuclear energy sustainability. Vision: To meet the future demand of sustainable nuclear energy. Objectives: Unerco is aimed to dedicate its stakeholders with measureable mean wher e possible. They are also focused on safety of their employees, community and environment. Market Share: Market share of Unerco has increased from 15% (200 million euro) to 25% (200 million euro) from 2002 to 2006. Ethical Issues: Its the commitment of UNERCO to enrich the future with providing it energy. They have taken many initiatives for support and development of their peoples and communities in which they operate. Task 2: Stakeholders Employees: URENCO has provided their employees with upgraded intranet for easier communication and collaborative work. They have plans to run updated campaigns for value of their employees. URENCO is also communicating with families of their workers by Family science Days. They also run group wide survey for their employees.  ·Investors:  ·URENCO is updating its investors about the work of organization through emails. They are also working more on social media channels to be in contact with their investors. Custome rs:  ·URENCO is providing brochure for their customers to have a detailed look in their work. They have also provided mobile version of their website and they are also communicating to customers through Twitter and Facebook. They have Plans to update their corporate brochure and to do further improvements to their website for more easier and efficient communication with customers. Government:  ·Key points showing the engagement of URENCO with government are: Continuous dialogues withUK, EU and US consultations to encourage support and investment in nuclear Detain in conversion with URENCOà ¢Ã¢â€š ¬Ã¢â€ž ¢s stated policies, goals and public positions Further information and education on the nuclear industry through external communications Key exhibitions and trade visits to new markets Royal visit toAlmelo and the opening of a new cascade hall Community: They are providing donations and sponsorships for improvements and development of community. They also have stakeholder dialogue sessions to update and inform on key initiatives at facilities. URENCO is also engaged with its community through two way dialogues. In future they have plans to increase their charity funds. Task 3: Responsibilities of Organization Health and Safety Legislation: URENCO is committed to the safety and well being of its employees, neighbours, customers and the environment within which they operate. By safeguarding these key elements they hope to also ensure their future business development. Health and safety is important to the operation of their business. Company health and safety policies are delivered to every employee, with ongoing safety initiatives and training provided. Operationally, the focus is on continuous improvement of health and safety, which covers production, procedures for waste management, plant emissions and energy u sage. The Group monitors the number of incidents (lost time incidents) that occur and which lead to employees being unable to work for one day or more. Environmental Legislation: URENCO aims to be at the forefront of environmental performance in the industry. Through continual improvement, they are attempting by employing efforts to reduce the impact of their activities on the health and safety of employees, contractors, members of the public and on the environment. As a minimum, URENCO complies with all relevant legislation on the environment, with conditions imposed by licences, authorisations and consents and with other pertinent standards and guidelines. Where reasonably practicable, URENCO applies à ¢Ã¢â€š ¬Ã‹Å"best practiceà ¢Ã¢â€š ¬Ã¢â€ž ¢ standards with respect to environmental matters. Legal Responsibilities URENCOunderstands that it cannot act in isolation of itslocal community. URENCO must take responsibility for the outcome of its operations by understanding h ow it impacts on neighbouring communities and how it can make a positive contribution. URENCO works hard at building strong relations with thecommunitiesin which it operates. Recognising that each locality has a diverse cultural mix, support varies fromcharitable donationsto providingeducational supportto localschools and colleges. Employee Legislation At all stages of Urencoà ¢Ã¢â€š ¬Ã¢â€ž ¢s relationship with employees, from pre-employment, during employment and post-employment, Urenco strives to ensure that their people are dealt with openly and fairly. Urenco respects the rules and regulations at all of its international sites in terms of works councils and trade union recognition. Learning Outcome 2: Task 1: Economic Systems Command Systems: Free Enterprise System: Mixed System: Transitional System: Task 2: Impact of Fiscal and Monetary Policies Task 3: Impact of Competition Policy Competition Act 1998: Enterprise Act 2002: Learning Outco me 3: Task 1: Role of Market Structure Perfect Competition: Monopoly: Oligopoly: Monopsony: Task 2: Impact of Market Forces Supply and Demand: Research and Development: Economies of Sale: Labor Market Trends: Task 3:Impact of Business and Cultural Environments Supporting arts and culture is an important part of social responsibility. Urenco supports cultural projects at both a local and national level. Urenco sponsors classical concerts and performances in the Almelo community. Gronauà ¢Ã¢â€š ¬Ã¢â€ž ¢s famous Jazz Festival has gone from strength to strength, helped by Urencoà ¢Ã¢â€š ¬Ã¢â€ž ¢s continued support over the past 17 years. The long running association between Urencoà ¢Ã¢â€š ¬Ã¢â€ž ¢s site at Capenhurst and the Liverpool Philharmonic Orchestra continued in 2006. Another example of the siteà ¢Ã¢â€š ¬Ã¢â€ž ¢s link with the arts is its involvement in a number of Shakespeare events for school children at a local theatre. Uren co is committed to supporting a broad educational and cultural experience for local school children. At a Group level Urencoà ¢Ã¢â€š ¬Ã¢â€ž ¢s commitment to national culture and the arts is demonstrated through the Companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s sponsorship of, for example, The National Portrait Gallery and the Royal Opera House. Through such financial support Urenco ensures that it allows access for stakeholders to cultural events and preserves the national heritage for future generations to enjoy. In the future, Urenco will consider other sponsorship and corporate partnerships with national heritage and cultural bodies. Learning Outcome 4: Task 1: Effect of International Trade Task 2: Impact of Global Factors Market Opportunities: Global Growth: Protectionism: World Trade Organization (WTO): Task 3: Impact of European Union Policies Competition Policy: Environmental Policy: Employment Policy: Trade Policy: BIBLOGRAPHY https://www. northernpetroleum.com/about-us/strategy/ https://www.urenco.com/page/2/About-URENCO.aspx

ATT Overview Essay - 999 Words

Have you ever wondered how your phone company started out? Or the new innovations it has brought about? And maybe even how the business is run? Well, today I’m going to talk about ATT’s history, the products it sells, the employee jobs and U-verse. ATT’s roots stretches all the way back to 1875, when Alexander Graham Bell created the first telephone. The main reason ATT was created was to exploit the creation of the telephone. ATT became a parent company to the Bell system, which was a phone company monopoly. They created a long distance telephone network that went from New York to Chicago and then on to San†¦show more content†¦Over the next four years, ATT took action to succeed in changing the environment. It invested 35 billion dollars upgrades to its infrastructure. By mid –2000 ATT had evolving networks- data, broadband and wireless. IN January 2005, ATT bought SBC for 16 billion dollars and this created the industry’s premier communications and networking company. 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A Shopkeeper’s Millennium Free Essays

While other historians wish to discuss American History in general, Paul E. Johnsons gives focus on one subject alone which he intelligently conveys the message of interconnecting his subject on the general concept of American History. His magnificent book ‘A Shopkeeper’s Millennium’ is a compilation of a 6-years-in-the-making book that entails research about the early nineteenth century rapid transformation in the United States of America and its significance and impact in the long run. We will write a custom essay sample on A Shopkeeper’s Millennium or any similar topic only for you Order Now As the book claims that Rochester, New York was the first inland boom town in America, it also explains how when and why it calls that way. Having listed those factual evidences to prove the claim, Paul reveals some important accounts from his comprehensive study and statistical analysis. Generally, factors that made such impact to Rochester and to America as a whole are the combinations of three aspects, which are the economic, social, and the political context. The economic support from Rochester to the larger America is primarily due to the construction, opening and flourishing of the transportation of Erie Canal in 1820’s to 1830’s. This transportation system solely caters the flour business of the east, which helped feeding other states. Since the opening of the Erie Canal took place, other frontier cities look up Rochester, New York as the role model for every city and likewise emulate the same ideas for their own prosperity. The upheaval between the North and the South of US during that time does neither strengthen not prolong by the usage of this canal. Furthermore, it helps to initially establish as the bridge of the breach that is going on. Another illustration of economic appreciation favoring Rochester is the growing of local grain milling and manufacturing of agricultural products in this town. Detailed description on how well the farmers and women revolutionize their best potentials from being the second class dollar earners to successful businessmen and businesswomen using only their homes and own backyards as their factories. True that there are enough resources to each and every situation but only few can wisely grab these exposed opportunities and use its maximum potential. These rags to riches story of US also entail stories of unsung heroes of American culture and history. The period of early nineteenth century covers many transitions in US. One of these is its politics. This is the time where the Whigs formed the new political party and called as The Republican. Paul E. Johnson also tackles this issue and discusses where and why Whigs drew support from churches and Democrats from the working class groups, which urged people decide supporting such political party that has a promise beneficial to them in accordance to their interest. Since industrialization takes place in Rochester, the emerging capitalism is likewise created by the society. The government as a reaction needs to amend laws and provisions according to the existing norm in Rochester and in New York. The emergence of industrialization in Rochester, New York particularly in the frontier vicinity of Erie Canal causes distinction of societies. Although it is generally viewed as paternalism and the role of women is vaguely illustrated, participation of both groups develops disparity of roles and principles. Moreover, working class’ group which are usually men build up indifferences with the free moral agency set by mothers and women that are belong to the middle and upper class group. Religious aspect is likewise expanded in Rochester. What could be the role of politics, social, and economic factors in the booming town of Rochester then? How these factors caused changes to Rochester? The only political impact that cause changes to Rochester is that Whigs are supported by the majority of its residents and capitalists, and thus won the elections. The population of Rochester, New York is comprised of mostly working class men that are commonly found drank after working hours, and the morally principled middle and upper class women. Their impact is set as equally important in the booming of this inland town because of their balanced contribution in the society and industry. Lastly, Paul E. Johnsons provide us the essence of Rochester, New York in the history of America by supplying us the thought that the most influential factor, which gave immense impact to Industrial Revolution as a whole, is the economic factor that is set first in the area of Rochester. This is due to the fact that the economy of Rochester where inland transportation scheme in Erie Canal, commercialization thru agriculture, and career shift to every home is done in Rochester during the period of revival or the so-called Second Great Awakening in US. How to cite A Shopkeeper’s Millennium, Papers