bit more detail. A PESTEL analysis is a framework or tool used by marketers to analyse and monitor the macro-environmental(external marketing environment) factors that have an impact on an organisation. The result of which is used to identify threats and weaknesses which is used in a SWOT analysis. PESTEL stands for: * P – Political * E – Economic * S – Social * T – Technological * E – Environmental * L – Legal Lets look at each of these macro-environmental factors in turn
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The impact of crises on economic cycles As we have seen‚ economic cycles are dotted with crises. These crises are the causes of the imbalance of the system‚ and they also become a necessity in order to recover. Every great crisis has enabled the states to identify faults and defects of the economy‚ and they are indicative of system malfunction. Thus‚ States learn from their mistakes and make arrangements to avoid another crisis. This is called "purging" of the economic system. This is what
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Although the tabacco industry is one of most successful economic operations‚ tabacco products are associated with the most deaths more than any other product (1). The consumption of tabacco leads to numerous fatal diseases such as lung cancer‚ heart disease‚ stroke‚ chronic respiratory disease‚ and other conditions and approximately 4.2 million Canadians are smokers as of 2015 (4). The consumption of tabacco also has an economic impact of $17 billion dollars in annual social costs including $4.4
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1: The Science of Macroeconomics Macroeconomics is the study of the economy as a whole. It addresses many topical issues which includes growth in incomes‚ changes in the overall level of prices‚ and the unemployment rate. Macroeconomists attempt to explain the economy and to devise policies to improve its performance. Economists use different models to examine different issues. Macroeconomic events and performance arise from many microeconomic transactions‚ so macroeconomics uses many of the
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Communication Cycle Communication is an essential part of all our lives. The range of methods we can use to communicate with each other is growing all the time. We can communicate using everything from a note stuck on the fridge door to video-conferencing. But no matter which medium we choose‚ the communication cycle remains the same. If we are unsure of what we wish to communicate‚ or when we send the information poorly‚ we run the risk of not being understood by other people. Stages For Effective
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The Business life cycle can be split into 4 main stages. These are- Establishment‚ Growth‚ Maturity and Post-maturity. Post-maturity can be split into a further 3 “options”. These are- Establishment is when the business is created. In the phase‚ it is vital to create a strong foundation and secure income. You must make sure the expenses do not outweigh your income. You find it difficult to getting finance‚ due to low profit and sale levels from poor customer awareness. This can be very problematic
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One More River Can you imagine having to leave everything you have ever known to live in a country on the verge of war? Lesley Shelby‚ the main character in One More River by Lynn Reid Banks‚ knows exactly how it feels. This Jewish Canadian girl has to emigrate to Israel with her family. Through the determination and courage of one person we see how challenges‚ complications‚ and differences of the world are overcome. 	In the story the most important character is Lesley. Lesley
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One More Lesson” Judith Ortiz Cofer’s “One More Lesson” is about her growing up in Puerto Rico with her family while her father was in the Navy. When her father was shipped to Paterson‚ New Jersey‚ he sent for them to move there in a little barrio along with him; Judith didn’t like this at all. You would think she would like moving from Puerto Rico to America‚ but in the mid-1950s America was a lot different. Back then America was viewed as a “melting pot”. “The idea then was that although we may
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BUSINESS ECONOMICS Assignment 1 Case study: Mintel batteries report a) What happened to sales of batteries in the period 2004-8? Provide a quantitative estimate. How do you explain the fact that over that period the amount of batteries sold increased whereas the value of sales declined? From figure 20 we can see that the volume of sold batteries from 2004 (584 million batteries) to 2008 (611 million batteries)
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Book Review For One More Day Summary Chick is the eldest son of Lin and Posey Binetto. They are the four members of family including a sister who is four years younger than Lin. Chick was too much attached to his father and was daddy’s boy‚ but when his father left home he realized that he was actually mama’s boy. He and his family had to face tough conditions when his parents got divorced and no one knew the reason behind it. Posey had been taking care of Roberta with
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