MACRO AND MICRO FACTORS AFFECTING THE STEEL INDUSTRY (TATA STEEL) The world GDP‚ as reported by International Monetary Fund‚ was on an upturn‚ growing by 5% in 2010 as compared to a negative growth of 0.5% in 2009. While the growth in the advanced economies was 3.0% in 2010‚in contrast to -3.4% in 2009‚ the emerging and developing economies grew by 7.3% in 2010 when compared to the growth of 2.7% in 2009. The growth in the developing and emerging economies slowed down during the end of 2010
Premium Corus Group Steel Coal
1.1 The micro-environment This environment influences the organization directly. It includes suppliers that deal directly or indirectly‚ consumers and customers‚ and other local stakeholders. Micro tends to suggest small‚ but this can be misleading. In this context‚ micro describes the relationship between firms and the driving forces that control this relationship. It is a more local relationship‚ and the firm may exercise a degree of influence. These are internal factors close to the company
Premium Strategic management Management Marketing
Jesse Selchow Professional Practices Wednesday 6pm Micro VS. Macro Management In a simple definition management is the person or persons who control or direct a business or other enterprise. However‚ management is much larger than just one person or small group of people. Management is also the practice of handling‚ supervision‚ direction‚ and control (www.dictionary.com). It is much larger than one person‚ or even a small group of people; management is everywhere. We use management in all aspects
Premium Management
1. Micro Environmental The microenvironment consists of five components. The first is the organization’s internal environment—its several departments and management levels—as it affects marketing management’s decision making. The second component includes the marketing channel firms that cooperate to create value: the suppliers and marketing intermediaries (middlemen‚ physical distribution firms‚ marketing-service agencies‚ financial intermediaries). The third component consists of the five types
Premium Marketing Demographics Natural environment
REPORT ON COCA COLA SUBMITTED TO: MR. RASHID SAEED SUBMITTED BY: MUBESHRAH TEHSEEN (MB-09-10) SAIMAH A MAJEED (MB-09-13) AZHAR AYUB (MB-09-37) WAQAR HAIDER (MB-09-24) Semester: MBA 4th THE EXORDIUM Nothing is deserving worship Almighty Allah‚ the most Merciful‚ Compassionate and Gracious. All praises for him because he is the creator of this mysterious universe and guides
Premium Coca-Cola
Micro vs. Macro Economics Micro-indiidual consumers/firms Macro-economic aggregates-GDP‚ inflations‚ unemployment Markets-opportunity for exchange 1) Opportunity Costs-value of the next best for gone alternative when a decision is made -all decisions involve an opportunity cost (assuming the firm operates efficiently) 2) Marginal Analysis-analyze situations involving incremental change -marginal: something is changing by a small amount (incremental/one-unit change) 3) Laws of supply and
Premium Supply and demand Consumer theory Economics
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
Free Economics
Introduction: Conglomerate Coca-Cola is a company that prides itself on being the world’s largest beverage company‚ and one who embodies the cross borders concept of international business by being recognised by no less than 94% of the world’s population is an undoubted success story. However‚ the company is not immune to the various political‚ economic‚ social and technological factors (PEST) that can affect their international operations and‚ in turn‚ the future development of the firm. Subject
Premium Coca-Cola Coca-Cola Economics
Factors responsible for the change in coca cola company Change Management in Coca-Cola Corporation Change is significant‚ prolonged and disruptive In this attribute‚ change in an organization includes venturing into new areas of business‚ such as entering new products in the new market‚ facing an unexpected event such as economic crisis and redirection of the company. Change is a continuous process of alignment According to ()‚ an aligned organisation must have a continuous
Premium Coca-Cola Diet Coke Marketing
indeed Coca-Cola. Although majority of time Coca-Cola has held the larger market share in this region‚ at times Pepsi has led by providing very aggressive and wittier advertising strategies (D’Altorio‚ 2010). In 2009‚ Coca-Cola has revenues of $31 billion and sales in more than 200 countries. The company is best known for Coca-Cola‚ which had been called the world most valuable brand. Coca-Cola’s has a large distribution system that includes independent bottlers partially owned by Coca-Cola‚ and company
Premium Coca-Cola Soft drink Diet Coke