Reference no: EM132455067
Research and summarize a current business article identifying a key "political" issue in the business environment. Identify a local, regional or global organization that you believe may be impacted by this "political" issue and discuss the implications of such a decision on the organization as a whole.
Length: 2/3 pages
Background Information:
The upcoming United States Presidential election will undoubtedly have significant political ramifications for the global business environment. Presidential candidates are discussing issues directly related to global business with regard to trade, health care reform, removing or implementing corporate taxation, Presidential appointments, executive orders, etc. Consider these examples as examples in the political arena.
Economic Trends
Different political parties or individuals enact different policies to guide national and local economies to prosperity, based on their own economic ideologies. This means that political trends can have an impact on taxes levied on businesses and individuals, leaving your customers and yourself with more or less money to spend in the marketplace. Economic policies can also influence interest rates throughout the economy, including rates for business loans. The sentiment of all economic actors in society can be affected by the government's ability to control economic conditions.
National Security
National-security concerns can have an impact on consumers' buying and saving habits throughout the economy, and trends in politics can do much to heighten or calm security fears. The people and parties in power at any time have a direct influence over the relationships of a nation with its neighbors in the global community, including hostile rivals. A nation at peace can encourage people not only to spend more overall, but to invest more in long-term assets such as homes and businesses.
Please explore some of the major "political" issues on the agenda for these candidates and evaluate the potential impact on the global, national and regional business environments.
- What are some of the potential problems with these proposals?
- What are the potential results if some of these changes are implemented?
- What do you see as other possible outcomes of such policy decisions?
- How will global enterprise likely respond to such changes?
As a group (relative to your particular geographic region), what do you see as being the biggest potential concern, and how might business organizations respond?
As context for your review, or perhaps to help move things along, consider the following brief video on health care reform: (Note: This video represents a good example of the type of final analysis that we are striving for, not necessarily a particular "political" issue. Set this as your standard or benchmark for excellent analysis.)