Business Environment

School: Princeton University           Price: $10.00 USD

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This essay touches all on aspects of business environment and related questions.

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Princeton University
1Internal and External Business EnvironmentInternal and External Business EnvironmentStudents name:Course:Instructor:Date:2Internal and External Business EnvironmentInternal and External Business Environment: CVS HealthTwo segments of the general environment that influence CVS HealthCVS Health, an American retailer and health care company like any other business entityis influenced by the general environment in various ways. Two of the most influentialsegments are:1. Legal Regulatory Environment and Political trendsThe health care industry needs a lot of legal regulation due to its sensitive nature. Thefact that, it deals with a crucial aspect of humanity makes it be prone to many political issuesas well (Nembhard, 2010). This environment is therefore a big influence on the operations ofCVS Healthcare.The company has over the years tried to comply with legal requirements but has stillfound itself at clash with the law; occasionally being forced to re-strategize while incurringbig loses. Some of such incidences include:In 1980s and 1990s it was involved in a number of health fraud and Medicare fraudscandals. The combined price to settle this dispute with the U.S. Government cost thecompany over $250,000,000.In 2005 it paid $137.5 million to settle federal lawsuits filed by whistle-blowers thataccused a company it acquired in 2003 of improper dealings with pharmaceuticalmanufacturers.On January 12, 2012, it paid $5 million to settle Fe
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