Case
M1Analyze the implications of government policies for a selected business.
Case of 4 pages for the course Business and the economic environment at WLC
[Show more]
1 review
By: manna • 9 year ago
Content preview
Task 3:M1*: Analyze the implications of government policies for a selected business.
1- Economic Policy
The economic policy affects the Bahrain cinema company, if the government has
economic growth same as what happen in third and last quarter of 2010. There
was a growth this growth increases the standard of living for the people in
Bahrain, that is increase the income for them and the demand for products &
service. Cinema company will need to employed more staff the Government's
decision to employ Bahrainis and reduce foreign labor.This negative impact on
the Bahrain cinema company because the salary of the Bahraini employee are
more expensive than salary of foreign employee and thus less profits for the
company.
The impact that government policies have on a selected business & the possible
reactions of the business to the decisions.
Considering employing most of the Bahrainis first as a part to cover the
company with at least 70% Bahraini people to avoid unemployment, Bahrain
Cinema Company approves positively on the decision of making the salary of
Bahraini people up to 250 dinar because that well affects Bahrain Cinema
Company to get more expense. Because of the company's expenses increased, the
company has a number of solutions, to overcome this problem, including the
company's do many offers, and excellent services to be able to attract customers,
and cover the extra expenses
2- Competition Policy
The competition policy also affects Bahrain Cinema Company, because the
government let competitors to set together to agreed price at which suits them
and that a positive effect on the Bahrain cinema company so that it can develop
competitive prices with other companies, and make more profit.
The impact that government policies have on a selected business & the possible
reactions of the business to the decisions.
Competition policy help Bahrain Cinema Company to improve its services
through several aspects so distinct from competitors, the company arose on the
development of cinema and provide many new services to the consumer. Since
the increased competition between cinema companies in Bahrain this help
Bahrain Cinema Company, as a result of the big competition the purchasing
power increased of the consumer, and this stimulated the company's creativity,
the Bahrain Cinema Company measured the level of service to different
customers and has provided new films suitable for all ages. All this decisions help
(Bahrain Cinema Company) to attract more and more customers from inside
and outside Bahrain, this increased the profit for the company and in final the
company becomes the one in Bahrain.
,3- Fiscal Policy
Fiscal policy has a good effect in Bahrain Cinema Company because the
government takes a tax on every foreign employee 10BD per month. If the
company applied the economy policy that they must employ more Bahrainis
and reduce foreign labor. This saved the company 10BD for each employee.
The impact that government policies have on a selected business & the possible
reactions of the business to the decisions.
Bahrain Cinema Company is highly committed on the fiscal policy in many ways
such as paying the revenues and taxes in which the company must do so that it
well is kept on the safe side of the business market as it is known Bahrain
Cinema Company is the top rated in Cinema.
Since the company has to make decisions on the employment of Bahraini labor,
the number of foreign workers has become very small, and this contributed to
reduce significantly and the company's expenses, as a result of the more
expenses, the company gave its employee's bonuses to raises the level of their
performance.
4- Social Policy
Social policy affects the business because it is ensure that employees are treated
equally in terms of their age, gender, sexual orientation, also the government put
minimum level for the wages so for that cinema Bahrain Company affects
because they must pay the wages to all employee Fairly and equally, as well as in
the law should not be paid to employees who hold a diploma less than 250 dinars,
and they should not pay the salary less than 400 for bachelor degree. So this will
increase the welfare for the people.
The impact that government policies have on a selected business & the possible
reactions of the business to the decisions.
Bahrain Cinema Company has more than 7 branches in Bahrain and the reason
behind that is that the country provides the elements that the business needs to
make more branches such as hospitals, schools, which is a clue that the country
can manage the expansion of the company easily and provides all the help
needed and Cinema Bahrain Company well be considered by the country’s
businesses. And also in relation to the salary law firm law applied to their
employees, and this has led to increased expenses on the company, the company
has worked to increase the profit, so as not to be affected by the excess expenses
5- Educational and Training policy
Basic education in Bahrain extends for nine years followed by three years
diversified tracks in secondary education. Post-secondary education includes
universities, colleges and other institutions. So in Bahrain most people are
, education persons. And the salary for the person have education is high, because
in the education policy the company must pay salary 400 or above for employee
that have Bachelor degree, and 250 and above for employee have Diploma
degree, this policy effect Bahrain cinema company because lead to have more
expenses in paying the salary for the employees.
Regarding training, the government makes a greater provision of technical
training and better coordination between the public and private sectors. they
offers a very good training for the people to have more knowledge and get ready
for any type of job, as this the people will have more education and experience
from this training, this also affect Bahrain cinema company because if the
employees have experience and education will lead them to pay more amount of
salary and this will increase their salary expenses.
- The impact that government policies have on a selected business & the
possible reactions of the business to the decisions.
Bahrain Cinema Company requires the most educated employees for their
business in which the country helped in providing universities and institutes
so that Bahrain Cinema Company can employ the top rated students in the
country and can also take their employees to continue their education and
keep getting better for the work. This company helped a lot, because the staff
has high efficiency, and working well, this led to the success of the company
in many ways
6- Environmental Policy
This policy serves companies a lot because it is creating the work
environment and provides them with facilities to work, and this policy helps
Bahrain Cinema Company in their business work because The Kingdom has
embarked on a number of projects to improve the business environment and
encourage entrepreneurship. And further steps to ease commercial
registration are underway and will include the streamlining and automation
of all business processes. Pending regulatory initiatives are linked to a new
competition law and a new company law, similarly, strives to improve its
regulatory framework by addressing the needs of all types of financial
institutions, investors and loan recipients. Currently, it is in the process of
introducing special regulations for microfinance institutes to ease the lending
process. .
- The impact that government policies have on a selected business & the
possible reactions of the business to the decisions.
Bahrain Cinema Company must provide every element needed for the
working environment such as toilets and water and electricity and even a
clean work-place, as this policy helped Bahrain Cinema Company to care for
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Fati68. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £0.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53340 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now