MICROENVIRONMENT Micro environment means the environment with in the organization/company which is totally under the control. a. The company itself (including departments). b. Suppliers. c. Marketing channel firms (intermediaries). d. Customer markets. e. Competitors. f. Publics. 1. The Company’s Microenvironment a. The Company The first factor is the company itself 1). Top management is responsible for setting the company’s mission‚ objectives‚ broad strategies‚ and policies
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MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPETITORS : Competitors can be called the close rivals and in order to survive the competition one has to keep a close look in the market and formulate its policies and strategies as such to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting
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EXECUTIVE SUMMARY Business environment means the external forces influencing business management and decisions. It contains two forces‚ specific and general. Investors‚ competitors‚ customers‚ and suppliers affect directly in their day-to-day operations are the specific forces. Social‚ political‚ legal and technological conditions affect organisations indirectly are the general forces. Strategy management and innovation are vital for an organisation’s growth and development. Upon understanding
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Changing the Culture at British Airways 1. Problems you identified from the case Macro: The first problem changing the culture at British Airways was the merger of the BOAC and BEA. In 1971‚ the Civil Aviation Act became law and the board was to control policy over British Airways but both BOAC and BEA remained autonomous‚ each with its own chairman‚ board‚ and chief executive. This caused a split within British Airways throughout the 1970s and in the mid-1980. The second problem BA faced was
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on British Airways Strategies 22 10.0 BCG GROWTH-SHARE MATRIX 23 10.1 Strategy Implementation on British Airways 24 11.0 Strategic leadership 25 11.1 Corporate governance: 25 EXECUTIVE SUMMARY The main aim of this report was for the purpose of producing s strategic plan using theories of strategic management for British Airways that can be implemented over the next three year period. At the same time‚ being the United Kingdom’s leader in airline operations‚ British Airways has
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Body1. History of British Airways22. Current strategic situation….42.1 Internal analysis42.2 External Analysis52.3 SWOT82.4. Current strategy93. Potential Strategic options124. Recommended strategic direction with rationale164.2 Strategy Evaluation175. Identification of critical success factors186. Performance measurement criteria197. Conclusion218. Bilbliography249. References24Executive SummaryThe main aim of this report is to undertake a review and analysis of British Airways. It is UK’s leading
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explore how information systems helps organisations to make decisions at different levels to achieve set objectives and strategic advantages over competitors .The team carried out research and debate on various companies‚ and agreed to focus on British Airways. Through literature we found out‚ that BA is amongst the busiest premium international airlines worldwide‚ BA operates mainly from Heathrow‚ London city and Gatwick airports and flies over 35million people to more than 300 cities and freights
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Assignment A Magazine Article ‘BRITISH AIRWAYS - A Personal View’ Introduction You will investigate the British Airways and provide a personal‚ but informed‚ view of the company. The assignment will give you the opportunity to apply your understanding of the Business Environment to the analysis of an international business from a range of different perspectives: considering how businesses set their objectives‚ influence their stakeholders‚ control their costs and fix their prices within the
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well motivated then they will perform a good job and will bring the company more profit. British Airways is one of the leading global airlines that I have selected for this assignment. British Airways is aware of the importance of Human Resource Management. Therefore‚ as the employer they are providing the professional environment for its employees where they can be treated with respect. British Airways also trains and motivates the employees by communicating ethical policies and socially responsible
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Changing the Culture at British Airways Question #1 Life at “old” British Airways lacked a unifying corporate culture. The 1971 merger of British European Airways (BEA) and British Overseas Airways Corporation (BOAC)‚ by the British Airways Board‚ only succeeded in putting an umbrella over two separate mature entities. The focus of the BEA had been to build a European airline infrastructure. BOAS was an innovator and pioneered the first jet passenger service. Neither company was concerned with
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