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商业环境论文代写

Business Environment of FireTech Plc

(Student Name)

(Institutional Affiliation)

Accounting

(Instructor)

July 11, 2013

 商业环境论文代写 The key question is to conduct a Political, Economical, Social and Technical, Environmental and Legal analysis of the macro

CASE    STUDY ANALYSIS    OF FIRETECH PLC: 商业环境论文代写

1.PESTEL ANALYSIS

In the current economic environment that has emerged due to the effect of the recent global financial crisis, the complexity of every sector creates a demanding context, which consistently affects both the external and internal organizational environment.  As such, most companies need to sustain their competitive edge. However, an organization needs to constantly improve their products’ value offered to customers so as to maintain their competitive edge (Egan, 1998), and being profitable as well, to exist (Barney, 2008). Industries could be described as a set of internal and external environment, hence every company is affected by the external environment such as customers ,market etc and the internal environment comprising  the supplies, contractors, employees of the firm, etc (Bowles and Kelly, 2006).

The key question is to conduct a Political, Economical, Social and Technical, Environmental and Legal analysis of the macro or external environment for the Firetech PLC, which is our case study firm.


译文:

Firetech PLC 的案例研究分析: 商业环境论文代写

1.PESTEL分析

在由于近期全球金融危机的影响而出现的当前经济环境中,每个部门的复杂性创造了一个苛刻的环境,这始终影响着外部和内部组织环境。因此,大多数公司需要保持其竞争优势。然而,一个组织需要不断提高他们提供给客户的产品价值,以保持他们的竞争优势(Egan,1998),并保持盈利(Barney,2008)。行业可以被描述为一组内部和外部环境,因此每个公司都受到客户、市场等外部环境和包括供应商、承包商、公司员工等在内的内部环境的影响(鲍尔斯和凯利,2006 )。

关键问题是对 Firetech PLC(我们的案例研究公司)的宏观或外部环境进行政治、经济、社会和技术、环境和法律分析。


sWhile analyzing the external environment of a firm,

it is critical to identify the elements that could in turn affect various significant variables, which are likely to influence the demand and supply levels of the company and its costs (Kotler, 1998). Thus, this analysis investigates the effect of each of these elements on the business. The findings could be applied to take advantages of the opportunities as well as to make contingency measures for threats while preparing strategic and business plans (Bowles and Kelly, 2006).

Kotler (1998), argues that PESTEL analysis is a vital strategic instrument for that can be used to understand the market decline or growth, business potential, position as well as direction for operations. The utilization of PESTEL analysis could be seen effective for product and business development, market planning and strategic and business planning and research reports. It also assures that the performance of the company is positively aligned with the influential forces of change which are affecting the environment of the business (Porter, 1992).

Figure 1 illustration of PESTEL Analysis according to (Porter, 1992).

Economic situations affect how difficult of easy it is to be profitable and successful at any particular time, since they affect the cost and availability of capital as well as the demand (Wilkinson, 2001). Government and political policy influence the economic conditions. The issue as to whether European states remain outside or join the single European currency is such one case.商业环境论文代写


译文:

在分析一家公司的外部环境时,

确定可能反过来影响各种重要变量的因素至关重要,这些变量可能会影响公司的供需水平及其成本(科特勒,1998 年)。因此,该分析调查了这些要素中的每一个对业务的影响。研究结果可用于在准备战略和业务计划时利用机会以及针对威胁制定应急措施(Bowles 和 Kelly,2006)。

Kotler (1998) 认为 PESTEL 分析是一种重要的战略工具,可用于了解市场下降或增长、业务潜力、地位以及运营方向。可以看出 PESTEL 分析的使用对产品和业务开发、市场规划以及战略和业务规划以及研究报告是有效的。它还确保公司的绩效与影响业务环境的变革的影响力保持一致(Porter,1992)。

商业环境论文代写
商业环境论文代写

图 1 根据 (Porter, 1992) 的 PESTEL 分析图示。

经济状况会影响在任何特定时间盈利和成功的难易程度,因为它们会影响资本的成本和可用性以及需求(Wilkinson,2001 年)。 政府和政治政策影响经济状况。 欧洲国家是留在外面还是加入单一欧洲货币的问题就是这样一种情况。


For Firetech, at any given time, either imported or exported goods can seem inexpensive or expensive, based upon the rate of currency exchange.

Whereas government policy and economic conditions are closely related, both can influence various environmental factors which can affect businesses. For instance capital markets outline the conditions for alternative sources of funding for business. Interest rate levied on loans will also be affected by international economics and inflation, even though a central bank which determines the rate could also be influenced by government main concerns.商业环境论文代写

The social-economic environment entails tastes and demand that vary which the general changes, disposable income and fashion can also provide both threats and opportunities for Firetech.

Firetech should be conscious about the demographical changes, as the population structure by numbers working, regions, affluence, etc can have a significant bearing on the demand in general and on demand for a given service or product. Technology is observed as organizational model applied for the establishment of competitive edge. Technological breakthroughs create new businesses which can be a threat to the existing business whose service or product could be rendered redundant. On the same note, new technology can offer a vital input in both service and manufacturing industries, however its implementation would need funding as well as employee training. Environmental factors relates to the environmental and ecological components that can influence the demand of Firetech’s products as well as how they conduct their operations.商业环境论文代写


译文:

对 FIRETECH 而言,在任何给定时间,根据货币兑换率,进口或出口的商品可能显得便宜或昂贵。

尽管政府政策和经济状况密切相关,但两者都会影响影响企业的各种环境因素。例如,资本市场概述了企业替代资金来源的条件。对贷款征收的利率也将受到国际经济和通货膨胀的影响,尽管决定利率的中央银行也可能受到政府主要关注点的影响。

社会经济环境需要不同的品味和需求,一般变化、可支配收入和时尚也可以为 Firetech 带来威胁和机遇。

Firetech 应该意识到人口结构的变化,因为按工作人数、地区、富裕程度等划分的人口结构可能对总体需求和给定服务或产品的需求产生重大影响。技术被视为用于建立竞争优势的组织模型。技术突破创造了新业务,这可能对现有业务构成威胁,现有业务可能会变得多余,而这些业务或产品可能会变得多余。同样,新技术可以为服务业和制造业提供重要的投入,但其实施需要资金和员工培训。环境因素涉及可能影响 Firetech 产品需求及其运营方式的环境和生态成分。


Political

-In the last couple of years the European Parliament has been in discussing seeking to harmonize fire safety legislations of various member states

-The 2004 Act of Fire and Rescue service (England and Wales) states that a rescue and fire authority should make establish provision for the aim of promoting fire safety within in territory (for example) providing free smoke detectors as way of reducing home deaths. 商业环境论文代写

-The political environment in US and UK is stable

-Both the UK and US governments have taken steps to reduce budget deficit


译文:

政治

– 在过去的几年中,欧洲议会一直在讨论寻求协调各个成员国的消防安全立法

– 2004 年消防和救援服务法案(英格兰和威尔士)规定,救援和消防当局应制定规定,以促进领土内的消防安全(例如)提供免费烟雾探测器作为减少家庭死亡的方式。

-美国和英国的政治环境稳定

-英国和美国政府均已采取措施减少预算赤字


Economic

-The UK GDP has recovered to a positive figure with 1% growth in the last three quarters of 2012.

-The PMIs (Purchasing Manager’s Indices) for manufacturing as well as other private sectors depict little momentum at the backdrop of a recovery in the last quarter of 2012.

-Inflation is on downward trend 2.8% in 2012, 2.1% in 2013 and is projected to be at 1.6% in 2014. s

-The CPI reached 2.7% in 2013, in comparison to 5% in 2012, if this is maintained, would imply that lower inflation and improved labor market would begin to improve household spending power.商业环境论文代写

-Weakness in Eurozone is withholding export growth and the decline in investment projects signifies that a sustained upturn of business investment spending seems to be way off.

-Employment within the manufacturing industry has stabilized in the recent past with 2572 in 2012, 2545 in 2013 and is projecting to go down in 2014 to 2525.

-Base interest rate is stable through the study period at 0.5

-The rate of unemployment is about 8% across the period  商业环境论文代写

-The prices of raw materials continue to pile pressure on the manufacturing industry

-Optimism is recovering back in real estate sector,

-Consumer spending is picking up

-The composite PMI drop to forty-month low in October shows that the confidence of consumers is in the pessimism

-Oil and steel prices have affected the cost of production


译文:

经济

– 英国国内生产总值在 2012 年最后三个季度以 1% 的增长恢复到正数。

– 在 2012 年最后一个季度复苏的背景下,制造业和其他私营部门的 PMI(采购经理人指数)几乎没有动力。

– 通货膨胀呈下降趋势,2012 年为 2.8%,2013 年为 2.1%,预计 2014 年为 1.6%。

– 2013 年 CPI 达到 2.7%,而 2012 年为 5%,如果保持这一水平,将意味着较低的通胀和改善的劳动力市场将开始提高家庭消费能力。

– 欧元区疲软抑制了出口增长,投资项目下降意味着企业投资支出的持续回升似乎遥遥无期。

-制造业的就业人数最近稳定,2012 年为 2572 人,2013 年为 2545 人,预计 2014 年将下降至 2525 人。

– 整个研究期间基础利率稳定在 0.5

– 整个时期的失业率约为 8%

-原材料涨价继续给制造业带来压力

-乐观情绪在房地产行业复苏,

– 消费者支出正在回升

– 10月综合PMI跌至四十个月低点显示消费者信心处于悲观情绪中

-石油和钢铁价格影响了生产成本


Social

-People socialize by going out and as well as entertaining friends and family at home

-Most people watch TV especially in the evening

-Population is growing older in both the US and UK as a result of extension of lower birth rate and life mean figures, a mixture of the facts among the immigration provides an insignificant growth rate that cannot influence market evolution, in the near future.


译文:

社会的

– 人们通过外出以及在家招待朋友和家人来进行社交

– 大多数人看电视,尤其是在晚上

– 由于低出生率和平均寿命数字的延长,美国和英国的人口都在老龄化,移民中的事实混合提供了一个微不足道的增长率,在不久的将来不会影响市场演变。


Technological Factors

-The rapid technological development is affecting business in UK and the world at large. Technological changes have transformed the way businesses are conducted, for example online shopping. Rapid changing technological advancements create the need to act fast for various businesses if they want to remain competitive by offering similar innovative fire and safety products that their competitors are providing.商业环境论文代写

-The product distribution through the use of technologies for instance, customer relationship management and  marketing information systems have become a common practice with various companies for effective products for their clients.


译文:

技术因素

– 快速的技术发展正在影响英国和整个世界的业务。 技术变革改变了企业的经营方式,例如网上购物。 如果想要通过提供竞争对手提供的类似创新消防和安全产品来保持竞争力,快速变化的技术进步需要为各种企业快速采取行动。

– 通过使用技术(例如客户关系管理和营销信息系统)进行产品分发已成为各家公司为其客户提供有效产品的常见做法。


Environmental Factors

-The need for rescue and fire authority to establish provision for the aim of promoting fire safety within its area for example, providing free smoke detectors as a means of minimizing home fatalities.商业环境论文代写

-New ICAO policies controlling capacity of fire fighting machines on civil ports.

-Need for new commercial and residential housing and the effect on the provision of fire policy

-Promoting commercial, aerospace and residential distinctiveness

-Fundamental CCC regulation support sustainable development

-Regeneration of open spaces and redundant buildings


译文:

环境因素

– 救援和消防部门需要制定规定,以促进其区域内的消防安全,例如,提供免费烟雾探测器作为减少家庭死亡人数的一种手段。

– 控制民用港口消防机器能力的国际民航组织新政策。

-新建商住住房的需求及对消防政策规定的影响

-促进商业、航空航天和住宅的独特性

– 基本的 CCC 监管支持可持续发展

– 开放空间和冗余建筑的再生


Legal Factors

-Duty of best value

-Proposed legislation for the delivery and provision of fire and safety services


译文:

法律因素

– 最有价值的义务

– 提供和提供消防和安全服务的拟议立法


2.Structure-Conduct-Performance (SCP) 商业环境论文代写

SCP paradigm is applied as an analytical outline, to create relations among market performance, market conduct and market structure.

Porters Five forces that shape industry competition (Porters, 1992)

When forces are benign, as they appear to be in fire and safety industry,  Firetech and its competitors such as Tyco and UTC earns attractive ROI. Industry structure propels profitability and competition, irrespective of whether the industry produces a service or product, is mature or emerging, regulated or unregulated, high tech or low tech. Whereas a heap of factors could affect profitability of the industry in the short term, comprising business cycle- the industry structure establishes industry profitability in the long and medium term. Industry structure creates a set of technical and economic characteristic which determine the capability of each competitive force.


译文:

2.结构-行为-性能(SCP)

SCP范式被用作分析大纲,以在市场表现、市场行为和市场结构之间建立关系。

Porters 塑造行业竞争的五种力量 (Porters, 1992)

当力量是良性的时,就像消防和安全行业一样,Firetech 及其竞争对手(如 Tyco 和 UTC)可以获得有吸引力的投资回报率。 行业结构推动盈利能力和竞争,无论行业是提供服务还是产品,是成熟还是新兴,受监管还是不受监管,高科技还是低技术。 而短期内影响行业盈利能力的因素有很多,包括商业周期——行业结构决定了行业中长期盈利能力。 产业结构创造了一套技术经济特征,决定了每一种竞争力的能力。


Structure:

This entails those sets of variables which are comparatively stable for some significant period of time and influence the behavior of buyers and or sellers. The manner, in which companies and markets fall short of following perfect competition conditions, is largely based on the degree of product differentiation, market concentration, diversification and barriers to entry.商业环境论文代写

Market Concentration: Firetech primarily competes with two large cooperation’s, the Tyco International (a United Kingdom Company) and UTC (a US company), which command about 50% of the estimated £1,100m international market. The rest of the market (50%) is shared by several local specialist traders globally. Firetch established a new structure by combing its North American and European Fire Protection operations to a single Industrial Fire Protection Unit, which also comprises its emerging market operations.


译文:

结构:

这需要在相当长的一段时间内相对稳定并影响买方和/或卖方行为的变量集。 企业和市场不符合完全竞争条件的程度,很大程度上取决于产品差异化程度、市场集中度、多元化程度和进入壁垒。

市场集中度:Firetech 主要与两大合作公司 Tyco International(一家英国公司)和 UTC(一家美国公司)竞争,这两家公司在估计为 11 亿英镑的国际市场中占有约 50% 的份额。 其余的市场 (50%) 由全球几家本地专业交易商共享。 Firetch 通过将其北美和欧洲防火业务合并为一个单一的工业防火部门,建立了一个新的结构,该部门还包括其新兴市场业务。


Product Differentiation:

The products are designed or customized to meet the needs of the customers. The products of directly delivered to customers.  Firetech has a global distribution network as well as regional warehouses within global aviation ports e.g. Heathrow that greatly benefits customers. The company also offers product training.

商业环境论文代写
商业环境论文代写

Diversification: The Company has three divisions: Industrial, Commercial and Residential and Aerospace Fire Protection.商业环境论文代写

Industrial division provides gas and fire detection, fire fighting and suppression products to the industrial sectors and fire brigades international, beside service and distribution related operations.

Commercial and Industrial division offers carbon monoxide and smoke alarms, extinguishers and safety products to commercial and retail customers.

Aerospace division provides systems and products for military and civil aircraft, military bridging and vehicles.


译文:

产品差异化:

产品是为满足客户的需求而设计或定制的。 直接交付给客户的产品。 Firetech 拥有全球分销网络以及全球航空港口内的区域仓库,例如 希思罗机场使客户受益匪浅。 该公司还提供产品培训。

多元化经营:公司下设工业、商住、航天消防三大事业部。

工业部门为工业部门和国际消防队提供气体和火灾探测、灭火和灭火产品,以及服务和分销相关业务。

商业和工业部门为商业和零售客户提供一氧化碳和烟雾报警器、灭火器和安全产品。

航空航天部门为军用和民用飞机、军用桥梁和车辆提供系统和产品。


Conduct:

This is the manner in which sellers and buyers behave amongst themselves and between one another. Companies decide their individual strategic behavior, advertising levels, investment in R&D.

The pricing behavior in the market is stable and premium.

Advertising and Product Strategy: The market and Firetech targets expanding markets alongside continuous cycle product development.商业环境论文代写

The company works closely with particular customers, for example Boeing and Airbus, to establish their customer’s fire protection requirements and needs for its new product. The company promotes organic growth with investment in new product development and marketing. They have also complemented this by the infill acquisition strategy creates to extend its service and distribution capabilities, consolidate markets structures and achieve revenue and cost synergies.


译文:

执行:

这是买卖双方之间以及彼此之间的行为方式。 公司决定他们个人的战略行为、广告水平、研发投资。

市场定价行为稳定、溢价。

广告和产品策略:市场和 Firetech 的目标是在不断循环产品开发的同时扩大市场。

该公司与特定客户(例如波音和空客)密切合作,以确定客户对其新产品的防火要求和需求。 公司通过对新产品开发和营销的投资促进有机增长。 他们还通过填充收购战略来补充这一点,以扩展其服务和分销能力,巩固市场结构并实现收入和成本协同效应。


Performance

Performance is evaluated by comparing the firm’s results along with the manufacturing industry in efficiency aspects and various rations are applied to measure different levels of profitability.商业环境论文代写

The company reported a sales growth by 6.6% from £879.7m in 2011 to £938.1m in 2012, at the backdrop of market volatilities such as exchange rates and prices for raw materials. The group’s legacy debt declined from £73.2m to £44.6m last year. The shareholder’s dividend for the full year is 2.7p, indicates a 5.9% rise over the previous year. The ERP is making organizational processes to more efficient through integration of external and internal information management in the whole organization, embracing accounting and finance, service, manufacturing, service and sales. The CRM offers a common platform across the organization.

Hedging contracts are utilized to assist companies mitigate the risk of foreign exchange fluctuations which may cause detrimental effect on the values of assets, profits and overseas sales.


译文:

表现 商业环境论文代写

通过在效率方面比较公司的结果与制造业的结果来评估绩效,并应用各种定量来衡量不同的盈利水平。

该公司报告称,在汇率和原材料价格等市场波动的背景下,销售额从 2011 年的 8.797 亿英镑增长到 2012 年的 9.381 亿英镑,增长了 6.6%。去年,该集团的遗留债务从 7320 万英镑降至 4460 万英镑。全年股东分红为2.7便士,较上年增长5.9%。 ERP通过整合整个组织的外部和内部信息管理,包括会计和财务、服务、制造、服务和销售,使组织流程更加高效。 CRM 为整个组织提供了一个通用平台。

套期保值合约用于协助企业降低可能对资产价值、利润和海外销售造成不利影响的外汇波动风险。


C: Recommendation

Today’s challenging economy has Firetech and other companies more concentrating on their competitive edge. Firetech is implementing processes to manage costs without compromising its customer responsiveness, innovation and products. It has also tried to increase its competiveness through acquisition. In addition it has explored expansion and adjacencies into new markets such as North America. The two ways I suggest for Firetech PLC to help improve the current strategies include;


译文:

C:推荐

今天充满挑战的经济让 Firetech 和其他公司更加专注于他们的竞争优势。 Firetech 正在实施流程来管理成本,同时不影响其客户响应能力、创新和产品。 它还试图通过收购来提高其竞争力。 此外,它还探索了对北美等新市场的扩张和邻接。 我建议 Firetech PLC 帮助改进当前策略的两种方法包括:


a)Unlocking workers potential

According to Wilkinson (2001) hard economic times require clear communication would assist bring out the potential in Firetech’s employees for innovation and creativity. Apart from management support of buying the best and latest testing and research equipment, they also need to unlock employee potential. This will assist the company to maximize employee potential, retain top talent for innovation, increases time to revenue, create competitive differentiation, net income growth and market share. Firetech can improve its employee motivation, creativity and effectiveness through investing in collaborative solutions.商业环境论文代写


译文:

a) 释放工人潜力

根据 Wilkinson (2001) 的说法,经济困难时期需要清晰的沟通,这有助于激发 Firetech 员工的创新和创造力潜力。 除了购买最好和最新的测试和研究设备的管理支持外,他们还需要释放员工潜力。 这将有助于公司最大限度地发挥员工潜力,留住顶尖的创新人才,增加创收时间,创造竞争差异化、净收入增长和市场份额。 Firetech 可以通过投资协作解决方案来提高员工的积极性、创造力和效率。


b)Firetech should build real customer intimacy

By unlocking the potential of employees, it also makes them free to be more available to customers. Wallace (2005) argues that improving timeliness, frequency and quality of customer interactions would assist in ensuring that the business is offering what they need, and in that process they need it. They should not only include Boeing and Airbus as the only customers in their decision making yet they supply even the commercial, retail and residential customers, when they do this, it could help enhance customer experience across the board, thus increasing revenues.商业环境论文代写


译文:

b) Firetech 应该建立真正的客户亲密度

通过释放员工的潜力,它还可以让他们自由地为客户提供更多服务。 Wallace (2005) 认为,提高客户互动的及时性、频率和质量将有助于确保企业提供他们需要的东西,并且在这个过程中他们需要它。 他们不仅应该将波音和空中客车作为他们决策中的唯一客户,还应该为商业、零售和住宅客户提供服务,当他们这样做时,可以帮助全面提升客户体验,从而增加收入。


c)Refining

They should adopt process refinement which concerned with incremental improvement to organizational processes that are in their various departments. The level at which interdepartmental impact of organizational process could be viewed as low; however the effort has to be careful to establish the next process such as customer to make sure that their requirements are attained. Whereas the objective of attaining incremental improvement on the process would appear small to Firetech in general, they could be very large to employee relying on that process on daily basis. The significance of process refinement cannot be underrated.商业环境论文代写

The more vivid methods to process improvement all need continuous process of refinement. Not so often does re-engineering endeavors, for instance yield a smoothly and efficiently functioning process at the onset. Refinement is normally conducted by intact teams and such teams can include members of a department or a functional unit. Since the processes would be improved on a continuous basis, when a team is intact it is hardly instructed by the management to accomplish certain tasks.  Rather, the team would exist as long as the functional unit does, continuous improvement should be viewed as part of the job.


译文:

c) 精炼

他们应该采用过程细化,这涉及对其各个部门的组织过程的增量改进。组织过程的跨部门影响可被视为低水平;然而,必须小心地建立下一个过程,例如客户,以确保满足他们的要求。虽然在流程上实现渐进式改进的目标对于 Firetech 来说通常看起来很小,但对于每天依赖该流程的员工来说可能非常大。流程细化的重要性不可低估。

更生动的过程改进方法都需要不断的细化过程。重新设计的努力并不经常发生,例如在开始时产生一个平稳有效的运作过程。细化通常由完整的团队进行,此类团队可以包括部门或职能部门的成员。由于流程将在持续的基础上改进,当一个团队完好无损时,管理层很难指示其完成某些任务。相反,只要职能部门存在,团队就会存在,持续改进应该被视为工作的一部分。


References 商业环境论文代写

Barney, J. (1991). Firm resources and sustained competitive advantage, Journal of

Management, 17(1), pp. 99-121.

Cooper, C L and Taylor, H (2007) Organizational change- threat or challenge? Journal of Organizational Change Management, 1(1), 68-80, Emerald Group Publishing Limited

Porter, M. (1992) Competitive Advantage and Business History, Derbyshire.

Reed, J  and  Vakola, M. (2006) What  role  can a  training needs analysis play in organizational change ?,  Journal of  Organizational  Change Management, 19(3), 393-407, Emerald Group Publishing Limited.

Wallace, W A (2005). Project management theory and practice. Edinburgh: Herriot Watt University.

Wilkinson,  S  (2001)  An  analysis  of  the problems faced  by  project  management  companies  managing  construction  projects,  Engineering, Construction and Architectural Management, 8(3), 160-170, Blackwell Science Ltd.

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