Environmental Factors Supporting the Business Essay

Environmental Factors support the Business - Essay ExampleThe confines strategy refers to the long term or short term business methodology which is adopted by the troupe for its benefit. The business strategy itself includes hundreds of different elements which can tending a company increase its market share while taking customers away from the competition. While look at South China Electric, it can be seen that their strategy is about to undergo a commute since the company has come out of its start-up phase and is ready to compete within the market with other companies namely, Fujian slatternly & major power and Fuzhou Electric. This also demonstrates a key aspect of strategy since it is one element of the company which a great deal changes with the environment.Culture is a term use to express the way of work at a fussy company. This term also ties into the system of management which is apply at a particular office or at a particular organization depending on how open or cl osed the company is to its workers. From the grapheme study, it seems that the culture of the South China Electric will come from the culture of the owner company i.e. Hong Kong Power since the parent company has sent a management team to work at SCE. The culture of the company is often defined, designed and setup but the people at the top therefore whatever forge or form they give to the company will be the culture likely to come up in the company.A business is an enterprise that brings people together for a common purpose which is unremarkably to generate revenue. To bring people together and to see how revenue is being generated as well to rush the opportunities by which revenue can be created for the company, a business can invest in and used use technology to its advantage. Business technology can be anything from a mechanical pencil used to take notes in a meeting to something as complex as an electron microscope used for technical medical research.