of Opportunities and Threats I. Overview A. For a company to succeed‚ its strategy must either fit the industry environment in which it operates‚ or the company must be able to reshape the industry environment in which it operates to its advantage through its choice of strategy. Companies typically fail when their strategy no longer fits the environment in which they operate. B. To achieve a good fit‚ managers must understand the forces that shape competition in their external environment. This
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(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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Introduction Business environment is the combination of internal and external factors that influence a company ’s operating situation. The business environment can include factors such as clients and suppliers‚ its competition and owners‚ improvements in technology‚ laws and government activities and market‚ social and economic trends. Environmental forces of political‚ economic‚ social‚ and technological factors. These factors are outside the control of the business. The business can’t do much changes
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regarding the benefits of hosting a MNC. Are MNCs contributing to the sustainable development of a developing country? Or‚ do they simply exploit developing countries creating a country dependent on that MNC for their own economic‚ social and ecological growth? Apparently they are transferring new technologies to a developing country‚ the introduction of sophisticated managing techniques‚ and foreign direct investments. Depending on this point of view‚ either the MNC brings valuable tools to a developing
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When talking about being an American‚ people usually think about having good salaries‚ owning a big house with nice cars‚ doing everything you like without being corrected or judged by anyone. But many people don’t know that America wasn’t as good as it is today. The country had to experience a lot of wars‚ ideologies‚ equality between races‚... Being an American is being free‚ be able to have a good education‚ and be able to express your ideas‚ dreams and deliver that to other people. When talking
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Multinational Corporations (MNCs) is companies‚ which own or control production or service facilities in more than one country. In order to obtain plant and other production facilities in foreign countries‚ an MNC must invest. Thus an MNC has to be a foreign investor. As MNCs influence many countries‚ it can be defined as the host country and the home country. Host country is the country that receives the investment. Home country is the base of the company. For the host country‚ MNCs help the exploitation
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Table of Contents Introduction 1 Mission‚ objectives and responsibilities and assess the influence of stakeholders 3 Objectives of three stakeholders of organization 7 The responsibilities of an organization and strategies employed to meet them 10 Differences economic systems attempt to allocate and make effective use of resources available within the country 11 The impact of social welfare and industrial policy initiatives on organizations and the wider community 14 The impact of macroeconomic
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In What Ways is W.B. Yeats a Political Poet William Butler Yeats is political poet in many ways. Indeed‚ there is much correlation between his political beliefs and his written work. He was first and foremost a student of nationalism under the tutelage of the great Irish separatist and Fenian John O’ Leary and it is clear how durable O’Leary’s influence is on Yeats as he is so often referred to in his work. He was a vital figure in the Anglo-Irish literary revival and the creation of a popular
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Business Environment Lecture 1 Business & its Environment What is Business? Business is a way of dealing with the problem of scarcity Business involves the transformation of inputs into outputs to meet particular needs or wants of consumers Business is not just The Private Sector it is also The Public Sector and Societies have to choose the balance between the public and private sectors The Private Sector (Pg 7-11) Consists of all business in some form of private ownership COMPETITON
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Chapter 1 American Political Culture (Ginsberg) 1) In relationship to week’s 1 readings about how the government affects our life on a daily basis‚ discuss why does the general public accept governmental regulations and restrictions on our lives? For the first part of our short history‚ Americans did not accept the government’s right to regulate what individuals or business did. As a matter of fact‚ Americans greatly resisted any interference by government‚ especially the federal branch. The
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