CHAPTER 1 Business Environment Contents • Introduction • Business • Objectives of business • Environmental influences on business • Environmental analysis • Characteristics of business environment • Components of business environment • The micro and macro environment • Competitive environment • Porter’s five forces model–competitive analysis Learning Objectives The present chapter aims at: • Definitions and objective of business • Examine environment analysis‚ characteristics
Premium Strategic management
Macro-environmental trends. This portion requires you to discuss and analyse the impact on the industry of the following factors (in case the industry competes in overseas markets‚ your analysis should have a corresponding dimension): · Social‚ cultural‚ demographic and environmental forces; · Political‚ governmental and legal forces; · Technological forces; and · Economic forces. Macro-Environment Definition Major external and uncontrollable factors that
Premium Demography Demographic economics Management
MARKET ENVIRONMENT ________________________________________ • Before we start with marketing environment it is important to know what a market is and how can marketing be defined as. MARKET • A market is any structure that allows buyers and sellers to exchange any type of goods‚ services and information. • The market facilitates trade and enables the distribution and allocation of resources in a society. • Markets allow any tradable item to be evaluated and priced. A market emerges more
Premium Marketing
per day for six days per week. It is necessary for an environmental impact study to be undertaken before the county can issue a permit. The biggest issue is‚ of course‚ the air quality implications of cement production‚ but potential impacts on water quality are of concern as well. It is now October‚ and you want to start building the plant by the end of next summer‚ if at all possible. It is now time to issue an RFP to procure an environmental impact analysis. Studies of this type normally require
Premium Costs Cost Variable cost
disasters. In Zambia however‚ DMOM (2005) lists some of the most important hazards and disasters among others such as; droughts‚ floods‚ epidemics‚ pest infestation‚ environmental degradation‚ refugees‚ and internally displaced populations as well as accidents. This essay will cover droughts‚ floods‚ epidemics‚ pest infestation‚ environmental degradation‚ pollution (air) and accidents. Floods to start with‚ are among the most devastating natural hazards in Zambia‚ whereas flash floods are among the greatest
Premium Zambia Air pollution Hazard
Environmental Disasters For the purpose of this article an environmental disaster is defined as a specific event caused by human activity that results in a seriously negative effect on the environment. Sometimes a natural disaster can become an environmental disaster‚ but that is a topic to be discussed elsewhere. In most cases environmental disasters are caused by human error‚ accident‚ lack of foresight‚ corner cutting during industrial processes‚ greed‚ or by simple incompetence. In other
Premium Natural disaster Agriculture Chernobyl disaster
| HND 104 The Business Environment | HND Business Management Name: Lauren Turnbull Student No: 04008416 Tutor: Joanne Martin
Premium Strategic management Management
Environmental Pollution Environment means our surroundings. It consists of air‚ water‚ soil and other natural resources‚ that make our earth habitable for us. All the elements of environment are well proportioned and depend upon each other. This characteristic of environment is called ecosystem. If any element of it is destroyed‚ it affects all other elements. So for our existence we must not destroy the ecological balance. But consciously or unconsciously we are damaging vital elements
Free Oxygen Nitrogen
Environmental Problems The environment is everything around us. It is the air‚ water‚ land‚ climate and so on. Since many years ago‚ people interferences with the environment which causes several problems. Some of these problems are air pollution‚ water pollution‚ rain forest destruction‚ smog‚ overpopulation‚ and global warming. The worst problems now affecting the world are global warming and overpopulation. First of all‚ global warming‚ which means increasing the temperature
Premium Global warming Carbon dioxide Earth
Environmental disaster is defined as a disaster to the natural environment due to human activity. Obviously‚ it is not an act of God. Human have forgotten that mother earth is a gift from God‚ to be respected and taken care of. Therefore‚ environment disasters issues are getting serious all over the world within these few years. Global warming is the result of human activities. Excessive amounts of greenhouse gases had been released to the atmosphere. Greenhouse gases such as carbon monoxide that
Free Global warming Natural environment Ecology