• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business Studies Report On British Telecom B.T.

Extracts from this document...


BUSINESS STUDIES REPORT ON BRITISH TELECOM COMPILED BY BRYAN WOOTTEN 1/10/03 EXTERNAL FACTORS AND ECONOMIC ENVIRONMENT In general telecommunications is perceived as environmentally friendly technology. But being such a large company, British Telecom is bound to have an impact on the business environment both nationally and internationally. British Telecom has two impacts on the economy, firstly the direct economic impact which can be seen by using traditional financial methods such as turnover, spend with suppliers, dividends, employee costs and taxation. Then there are indirect economic impacts, this comes from income and employment generated in businesses that supply goods and services for use by British Telecom. ...read more.


Europe (excluding UK) �978 million (5%) Americas �153 million (1%) Asia and Pacific �60 million (<1%) Indirect impacts These can be catigorised under 4 main headings; Income and employment Productivity Globalisation Knowledge economy Income and employment This is created in business that supply goods and services to BT. But we must note that there are businesses that supply the supplier of BT and not directly. Taking this into account it is not surprising that the expenditure of BT in Great Britain creates over �2 Billion of income to the British economy which in turn supports the employment of over 100,000 people. ...read more.


Knowledge economy This is not only the future but the present, using technology to create a function of ideas and imagination rather than traditional capital investment. This is why BT have placed considerable emphasis on research and development and knowledge management. BT have the technology to teach others about the future, this can only strengthen the effects of their business on future economies both globally and nationally. Summary We take for granted the technology that is available to us now and in the future, not realising the true effects it has on us and the world around us. Telecommunications brings us knowledge, health, wealth and all the emotions that affect our every day lives. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Global Interdependence & Economic Transition section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Global Interdependence & Economic Transition essays

  1. The Board of directors of Barclays have asked me to submit a formal business ...

    like government regulated tax-free savings account such as TESSAs, PEPS and ISAs. Barclays also launched its home banking allowing the customers to access their accounts via TVs in their home. Global Level --> Barclay's investment banking division of the Barclays group has launched e-commerce initiatives. XTAS (exchange trade access system)

  2. International Ecotourism Management: Using Australia and Africa as Case Studies.

    shows that the travel motives of the Canadian ecotourists are attraction-oriented (Table 4), with tropical forests, wilderness, and wildlife highly ranked. Ecotourists are most interested in experiencing, learning and photographing wild nature within natural settings. Filion et. al. (1993) found that 18.7% of Canadians took a trip in 1991 to view or photograph wildlife.

  1. tourism impact

    On the other hand tourists do affect the coasts in a positive way as they create new jobs in the tourism industry and liven up the atmosphere in the towns. Below are a few reasons why to come to Torquay such as the Climate, as it is normally warm and sunny in Torquay.

  2. What do we mean by business environment?

    For instance, an unstable political climate in a country will not instill confidence in people and this will in turn affect the business climate adversely. If given an option to run a business in Kabul, Afghanistan or Tokyo, Japan, I am pretty sure that everyone will choose the second option.

  1. The social costs and benefits of business activity- Paddington Basin Regeneration Project.

    Students in the local schools, college as well as local residents will be potential employees, as it is estimated that the development will create 30,000jobs. These jobs will bring money into the area and spending will rise, leading to a more healthy economy, benefiting all the stakeholders.

  2. The Social Costs and Benefits of A Business Activity - Paddington Basin

    The developers are not sure if the school fits in with their developing plans. As the school building is old and slightly run-down. This report will be looking at how this regeneration of the Paddington Basin affects the area and the people within.

  1. PEST analysis report for three leisure firms that operate in different sectors of the ...

    Through technology revolution computerised music has been introduced to music consumers as well as the people enjoying themselves to night-clubs or pubs. * The latest technology can be seen in sports and keeping fit, where health club members queue up to use the latest machines.

  2. The Meaning of Globalisation and its Effects

    It has increased temptation to reduce quality of services in order to reduce costs and maximize profits. Privatization tends to increase the rate of moral erosion due to its policy of free trade. The private companies tends to import all natural of goods without considering consumers such goods includes pornography

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work