Macro and Micro environment: How external factor can influence marketing decisions. Introduction While the managers making efforts to take advantages of their competitors on the on the inside business structure such as to cut the cost down by simplifying the staff group‚ the macro and micro factors are escaping detection. Unlike internal environment‚ the macro and micro environments of a business are not changed by the behavior of its own whilst it is hard for most firms to be ready for reaction
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Part 1: Description and explanation of innovation The Nomad Micro-Home Fig 1: taken from The Daily Mail’s publication (2013) The Nomad micro-home is essentially a flat-pack‚ self-assembly product. It is a two storey house with all of the mod-cons of contemporary living condensed or minimalized to provide a house that delivers a basic living area that makes the most of the available space by creating innovative ways of incorporating the material things needed for necessary habitation (Warren‚ 2013)
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Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular‚ microeconomics focuses on patterns of supply and demand and the determination of price and output in individual markets (e.g. coffee
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-With other competitors 0.4 0.15 0.58 0.225 0.14 4.0 3.0 3.9 2.5 2.8 0.1 0.05 0.15 0.09 0.05 *Opportunities: 1-Rising demand for smart phones 2-Obtaining patents through acquisitions 3-Launching new products 4- BlackBerry Partners Fund 5-Merger/Buy out -Android and windows OS -weak response to market developing rate -whatsapp & BBM for android -HTC -“Bring your own phone to work” 0.64 0.546 0.2 0.105 0.36 4.0 4.2 2.0 2.1 3.0 0.16 0
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for establishment of micro finance institutions to support this sector. The growth of micro finance institutions has been due to the response to this need. IN Kenya‚ there is several micro finance ranking from individual owned institutions to cooprporate based institutions. K-REP has been the fore front in promoting his sector among other new players like Equity Bank and Family Finance Bank. KWFT has also joined in to offer credit to members of the society in the form of micro credit activity. The
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MICROECONOMICS | MACROECONOMICS | As the term “micro” imply‚ microeconomics facilitates decisions of smaller business sectors.Micro Economics studies the problems of individual economic units such as a firm‚ an industry‚ a consumer etc.Micro Economic studies the problems of price determination‚ resource allocation etc.While formulating economic theories‚ Micro Economics assumes that other things remain constant.The main determinant of Micro Economics is price.Microeconomics is the study of decisions
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”; she sees it as data and information. Looking at trends in‚ for example‚ economic or health indicators‚ it doesn’t tell us why the trends are like that. Is there anything affecting why the trends are the way they are? However‚ when we look at the micro social structure‚ we can see a whole new aspect of those different populations. Weber says‚ “When we follow the everyday lives of a group of people‚ we can learn how they live with financial constraints‚ how they feed their families‚ how they deal
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BlackBerry is a line of mobile e-mail and smartphone devices developed and designed by Canadian company Research In Motion (RIM) since 1999. The fifth most popular device manufacturer after Nokia ‚ Samsung ‚ LG ‚ and Apple . The first BlackBerry device‚ the 850‚ was introduced in 1999 as a two-way pager in Munich‚ Germany. BlackBerry Internet Service‚ or BIS is available in 91 countries internationally. Instant Messaging clients‚ Google Talk‚ ICQ‚ Windows Live Messenger and Yahoo Messenger
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Seamus Heaney in his poem “Blackberry-Picking” vividly describes the childhood experiences of blackberry picking‚ however‚ it details the reality of life not being fair. Heaney gives a deeper meaning of life; if we continue to think with our childish minds‚ we will continue to be fooled by reality. Through the use of diction‚ imagery‚ and tone‚ Heaney gives a deeper understanding of his work. In line 1‚ Heaney opens this poem with diction by stating “Late August‚ gives heavy rain and sun” he is
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Subway as a large international company perform a big role in world’s background.As a restaurant chain‚ a lot of micro environmental factors influent on it. Those factors are: size‚ competitors‚ customers‚ market‚ target‚ finance‚ labour‚ suppliers. All of them influent on all companies in fast food business. Size: As it was mentioned Subway is one of the largest fast food companies. Like the other competitors it has stres all over the world. There are more than 25‚000 stores in 83 countries
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