External Factor Analysis of Accounting Firm free essay sample

It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macroenvironmental factors that the company has to take into consideration. Political factors, or how and to what degree a government intervenes in the economy. Specifically, political factors include areas such as tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability. Political factors may also include goods and services which the government wants to provide or be provided (merit goods) and those that the government does not want to be provided (demerit goods or merit bads). Furthermore, governments have great influence on the health, education, and infrastructure of a nation. Economic factors  include economic growth, interest rates, exchange rates and the inflation rate. These factors have major impacts on how businesses operate and make decisions. For example, interest rates affect a firms cost of capital and therefore to what extent a business grows and expands. We will write a custom essay sample on External Factor Analysis of Accounting Firm or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Exchange rates affect the costs of exporting goods and the supply and price of imported goods in an economy Social factors  include the cultural aspects and include health consciousness, population growth rate, age distribution, career attitudes and emphasis on safety. Trends in social factors affect the demand for a companys products and how that company operates. For example, an ageing population may imply a smaller and less-willing workforce (thus increasing the cost of labor). Furthermore, companies may change various management strategies to adapt to these social trends (such as recruiting older workers). Technological factors  include ecological and environmental aspects, such as Ramp;D activity, automation, technology incentives and the rate of technological change. They can determine barriers to entry, minimum efficient production level and influence outsourcing decisions. Furthermore, technological shifts can affect costs, quality, and lead to innovation. Environmental factors  include weather, climate, and climate change, which may especially affect industries such as tourism, farming, and insurance. Furthermore, growing awareness to climate change is affecting how companies operate and the products they offerit is both creating new markets and diminishing or destroying existing ones. Legal factors  include discrimination law, consumer law, antitrust law, employment law, and health and safety law. These factors can affect how a company operates, its costs, and the demand for its products.

Japanese Longhorned Beetle essays

Japanese Longhorned Beetle essays The beetle that I have chosen is the Japanese Longhorned Beetle, also known as Callidiellum rufipenne. It is a wood bearing beetle our of East Asia origin that was first detected in North America in 1927 at Vancouver, BC, and in Seattle, WA around 1954. In its native atmosphere, the Japanese Cedar Longhorned Beetle is considered a secondary pest, because it only attacks weak, dead, or rotting wood. The genus of the Japanese Cedar Longhorned Beetle, which is Callidiellum, actually contains three different species. In North America its cupressi from coastal California, viridescens from Arizona, and the already mentioned rufipenne. Callidiem rufipenne is known to come from East Asia, ranging from China, Korea, Sakhalin, Japan, and the Ryukyu Islands. Also even found in Taiwan, where the beetle is thought to have been accidentally introduced by some sort human of transportation. Also due to timber import from eastern Asia, species of the beetle were introduced into Italy. In matter of fact many shipments of Japanese cedar were found to have the Japanese Cedar Longhorned Beetle in it, but since the beetle was a secondary pest, it wasnt thought of as a major treat considering a secondary threat meant it only would disturb dying pieces of wood. Unfortunately that wasnt the case at all. Due to the biology of the Callidiem rufipenne, it goes through one generation annually. Adults will emerge from the dead host tree in the spring (early to mid-April), and mate on the surface of the tree trunks of weakened or dying cedar. The females will then lay their eggs in the bark crevices. Their adult life spans range from about 16-18 days. The majority of females, which is about 65%, will begin to lay their eggs as soon as early as 1-3 days after emerging from the tree trunk. The females will lay and average of 18 eggs over about a 14-day period. After all of this most a ...

Choose a specific characteristic of yourself (it can be a physical Assignment

Choose a specific characteristic of yourself (it can be a physical feature, an ability or a type of behavior) that you believe to have been affected by your environment (physical, social, or both) - Assignment Example I know these seems like the habit picked up by an older generation or by a group of gentlemen but it is a trend being picked up by even the younger generation which prefer it to taking alcohol or smoking the real cigarettes which are more harmful to the health. Ever since my social circle expanded, I have had to attend a few too many social gatherings (the intimate kind with only a few friends or members and not open to the general public). In all these social gatherings, the people I consider my friends or allies smoke these kinds of cigars and I was initially the only odd one out. For a while (months) I resisted the temptation both from the friends and myself to indulge in this behavior but eventually I threw in the towel and started smoking them only because I didn’t want to be left out anymore. The social environment had been the one that enticed me to start the behavior. Had I not been involved in these social gatherings, I would not even have known how to buy a cigar let alone be an expert smoker. The most interesting bit about this behavior is that it happens only when I am in these social meetings but once done, I do not even feel the slightest urge to smoke a cigar. I do not feel left out or a loner anymore and actually a sense of belonging settles in once everyone removes their cigars and starts smoking them even if for only a few minutes (Kirst-Ashman, 2007). Observation is the best research method to find out whether for certain it is the environment that has brought about this behavior in individuals. This research can be conducted among the same circle of friends I have as it is the easier target and data will be collected easily without invading the privacy of most people. Observation can take place outside the social gatherings for example in their offices, homes or in between classes. The observation will not be hard as I interact with these people often in