Wednesday, December 4, 2019

Issues Faced by the CODCD-Free-Samples for Students-Myassignment

Question: Discuss about the Isssues faced by the Centre for Obesity, Diabetes and Cardiovascular diseases (CODCD). Answer: Introduction The assignment conducts a PESTEL analysis focusing on the external issues that may be faced by the Centre for Obesity, Diabetes and Cardiovascular diseases (CODCD). According to Brink (2017), PESTEL analysis is conducted to analyse the macro-environmental factors that affect the working of a business organisation. The results of the PESTEL analysis, in this case, are used to identify the risks and opportunities that CODCD may face in the environment. Analysis Political One of the biggest political challenges that CODCD may face is the fact that the political condition of Australia is uncertain. This is the huge risk in the context of the healthcare centre as it aims to provide opportunities for students to practise medicine. The uncertainty in the political system may pose restrain in allowing foreign students to enrol in the university. Bekaert et al. (2014) stated that the uncertainty that exists in the Australian Government might result in problems for improvement in the future. Thereby the risk faced from this particular threat is high and it can result in the university along with health centre to suffer from the political entity while constructing the building. Apart from this, another political factor that may arise is corruption in the society and among the people in the construction of the centre. According to Clark and Tunaru (2015), although Australian Government ensures that the migrants from different countries are well checked, corruption may occur from within the country. Hence, the centre may suffer from construction problems as it needs to be completed without the ill effects of corruption setting in. This is considered as another risk factor that hampers the progress of the centre and thereby may slow down the construction process. However, an opportunity may be developed that can help the centre to mitigate some of the damages. This includes a huge client base and the decision-making activity of the university. The fact that the Government can fund the construction of CODCD provides opportunities to be recognised outside Australia. People from all over the world can visit the centre to gain knowledge about medical. Apart from this, the decision-making activities involved in the construction of the centre provide opportunities for the constructors to interact with the other business in the country. The fact that the state plans for the policies and the changes to take place owing to political turmoil provides the construction of the centre with an opportunity to remain active in the business. Economical According to Dimic, Orlov and Piljak (2015), the economic factors pose more threat than opportunities in the business organisation. In the case of CODCD, the centre needs to deal with the risk that arises from the fluctuation in an economic environment of Australia. The open trade negotiations with the US make the Australian economy vulnerable to any type of economic depression. Hence, it may become problematic for CODCD to continue with the construction and the purchase of equipments that is used for building the structure. This is considered as a huge risk as the stakeholders may fall victims to the economic fluctuations. However, opportunities may be derived from the fact that certain students can be engaged in the construction of the university. This will provide an opportunity to get employment in the construction of the centre. The internal scope of placements provided by the Government of Australia can help in the mitigating the unemployment issue. At the same time, it can increase the client base of the centre as more people can enrol in the university as well as in the centre for a secure working environment. Apicella, Carr and Dreber (2015) stated that another opportunity that can be derived is from the suppliers of the materials and equipment. This is because the construction of the centre requires raw materials to be supplied and it does not have many options while bargaining for the price. At the same time, other risk factors include the rate of unemployment. Although the construction of the centre provides scope of being employed, the chances of unemployment also increase, as not every person cannot be recruited due to lack of vacancy. Hence, the unemployment causes a risk factor for the country. At the same, time the competition, also increases as the number of established healthcare centres draws more attention from the public. Thus, CODCD may suffer risk from financial risk (Fernando Chang-Muy and Congress 2015). Social The social factors that pose risks include the local community. In the words of Gargalo et al. (2016), the society can be considered as a factor that provides opportunity as well as risk. This is mainly because of the fact that the community expects a great deal from the health care centres and the slightest mistake on their part may pose a huge risk for the centre. For example, lack of social responsibilities and improper use of equipment in the community may be seen as an ill omen from the community. The risk may also appear due to the shift time of the employees, as work-life balance cannot be properly maintained. Hence, the society may restrict the construction of the centre. At the same time, opportunities can be gained from the community by keeping it clean and maintaining, the social factors that affect a community (Franks et al. 2014). For example, avoiding dumping of wastes materials in the ponds or lakes can be one way to gain the trust of the community. This can allow an increase of stakeholders, which can be good for the construction of the centre and maintain social cohesion with the community. However, one of the serious matters that needs to be considered while constructing the CODCD centre is the protest of the people. The healthcare centre needs to keep in mind the political threat and the power the Government of Australia. Protests from the people can be a risk factor for the centre as the society can bring about the downfall of the construction of the centre. Some of the reasons for the protests include lack of care for the environment of the community and unethical use of the resources for construction purpose. The fact that the community is one of the stakeholders makes the protest more dangerous for the construction of CODCD (Bolton, Ockenfels and Stauf 2015). Technological The technological factors include the advances that have been in the society. In the modern day, most of the organisations rely heavily on technology for getting the work done. In the case of construction centres, this is important as the technology provides an opportunity to provide excessive and quick solutions to problems (Hakansson 2015). This can help in the construction of the centre. The fact that the construction of CODCD includes the involvement of young people and it improves the opportunities for gaining the latest technology and using it for the protection of the environment and effective construction. The involvement of technology can help in ensuring that the centre manages to continue with the work and provide support to the society. The latest technology can help CODCD to remain in contact with the project workers and provide any type of assistance to them. This can act as a means of performing social service to the people so that the construction is done without any hindrance. This is a huge opportunity for CODCD to gain reputation in the market before it is set up. However, Kogan et al. (2017) provided the counter-argument about the risks that are involved with the technology. One such risk is the fact that reliance on technology may cause the centre to lose focus on the traditional methods. Failure in the technology can mean that the constructors may not be able to implement any traditional method for the completing the project effectively. At the same time Galegher, Kraut and Egido (2014) pointed out that maintaining the technology would require skilled employees. Hence, the construction of the centre needs to recruit technical expertise, which may be cost-effective for CODCD. The technology supplies may also be rare and the suppliers may charge more delivering rare materials. This again can cause constraints in the budget of the centre. Environmental This is considered as one of the most important factors that govern the external environment of business. In the age of sustainability and protection of the environment, people in a community or society react in a negative manner to any constraints that are seen the environment. As stated by Tietenberg and Lewis (2018) protecting the environment is one of the social duties that every business organisation need to maintain. In the case of CODCD, the environment may cause risk due to the harmful substances that are disposed of during the construction of the centre. The disposal of waste materials needs to be done in a place that does not cause any harm to the public or to the environment. Apart from this, the weather is another factor that plays an important role in Australia. Like its economic condition, the temperature of Australia also fluctuates severely. Therefore, sudden changes in weather cease all opportunities for business. The construction of the centre needs to be ceased due to the sudden changes in the climate of the country. Thereby, the environment needs to be seen as one of the biggest challenges for CODCD. The fact that human beings cannot control this factor makes it the topmost priority element in the assessment of business (Schaltegger and Burritt 2017). However, opportunities may be derived if the society is made to contribute to the protection of the environment. One of the biggest advantages of CODCD is the fact that the place of building is covered with trees. This provides an excellent opportunity to promote the importance of growing trees in the neighbourhood to prevent global warming and frequent negative effects of weather change. At the same time, the centre can also maintain sustainability by ensuring that the disposed waste materials are not dumped in the neighbourhood. Instead, these can be recycled so that it may be used for the future. Legal The legal factors of Australia determine the manner in which the country is governed by the laws and policies. The existing laws and regulations provide an opportunity for health care centres to be a legal part of the business in the country. However, violation of these codes of conduct may have a severe effect on the construction of organisations as it may bring about its downfall (Freeman III, Herriges and Kling 2014). Thus, the legal laws of Australia provide a huge risk for every organisation and CODCD need to keep in mind the factors that affect business in the country. For example, the Australian law is strict about protecting the environment from any type of harm. The Environment Protection and Biodiversity Conservation Act 1999 is the national environment law in Australia. CODCD need to ensure that this law is protected and that the sections of this law are not violated for the purpose of business. Opportunities can be derived by ensuring that this law along with other laws is made into effect with the construction of the centre. For example, Australian Construction Law 2009 needs to be implemented so that the centre can maintain proper construction in the society. This can help in providing fair construction measures and ensure that the laws of the sections are not violated. Cherry and Jacob (2016) stated that the changes in also and regulations pose threat as these changes are made in a sudden manner made after the election of a new committee in the Government. The changes need to be kept in mind so that the construction of the centre does not have to suffer from any harassment due to the conduct of activities using old rules. Conclusion Hence, it can be concluded that CODCD may face risks in the Australian market. Despite the reputation of the business, the health care centre need to fend off certain factors that are essential to ensure smooth functioning of the construction of the centre. However, the opportunities identified can help the centre to maintain its growing reputation and maintain a peaceful environment while continuing with the construction. References Apicella, C.L., Carr, J.M. and Dreber, A., 2015. Testosterone and economic risk taking: A review.Adaptive Human Behavior and Physiology,1(3), pp.358-385. Bekaert, G., Harvey, C.R., Lundblad, C.T. and Siegel, S., 2014. Political risk spreads.Journal of International Business Studies,45(4), pp.471-493. Bolton, G.E., Ockenfels, A. and Stauf, J., 2015. Social responsibility promotes conservative risk behavior.European Economic Review,74, pp.109-127. Brink, C.H., 2017.Measuring political risk: risks to foreign investment. Routledge. Cherry, B. and Jacob, S.R., 2016.Contemporary nursing: Issues, trends, management. 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Gargalo, C.L., Carvalho, A., Gernaey, K.V. and Sin, G., 2016. A framework for techno-economic environmental sustainability analysis by risk assessment for conceptual process evaluation.Biochemical engineering journal,116, pp.146-156. Hakansson, H. ed., 2015.Industrial Technological Development (Routledge Revivals): A Network Approach. Routledge. Kogan, L., Papanikolaou, D., Seru, A. and Stoffman, N., 2017. Technological innovation, resource allocation, and growth.The Quarterly Journal of Economics,132(2), pp.665-712. Schaltegger, S. and Burritt, R., 2017.Contemporary environmental accounting: issues, concepts and practice. Routledge. Tietenberg, T.H. and Lewis, L., 2018.Environmental and natural resource economics. Routledge.

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