Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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Italy’s Food Customs Someone once said‚ “Food is the ingredient that binds us together.” Many countries have the same and different food customs from other countries‚ such as Brazil and Italy. These two countries are nowhere close to each other but somehow are binded with the same but also diverse cuisine customs. Brazil and Italy have the same but different food customs due to these countries religion‚ geography and agriculture‚ and social customs. Religion is a person’s belief and worship
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Business Environment Lecture 1 Business & its Environment What is Business? Business is a way of dealing with the problem of scarcity Business involves the transformation of inputs into outputs to meet particular needs or wants of consumers Business is not just The Private Sector it is also The Public Sector and Societies have to choose the balance between the public and private sectors The Private Sector (Pg 7-11) Consists of all business in some form of private ownership COMPETITON
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(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because‚ the environmental factors influence almost every aspect of business‚ be it its nature‚ its location‚ the prices of products‚ the distribution system‚ or the personnel policies. Hence it is important to learn about the various components of the business environment‚ which consists of the economic aspect‚ the socio-cultural aspects
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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the woeful life we lived here in Italy and move to America. Our wages were low here in this country. We are mainly farmers‚ and our grape and other crops had been damaged by disease. Most of us live here in poverty‚ barely making enough money to feed our families and ourselves. When we heard about the opportunity in the Americas‚ I ran home immediately to tell my family. They were skeptical‚ of course. This was a huge decision. We have lived in Italy our whole lives and raised a family
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about 130 kilometers south of Rome - Italy; one mile west of the town of Cassino and about 1700 feet above sea level. Montecassino is considered famous for being the place where Benedict of Nursia founded 529 around of his first monastery‚ home of the Benedictine order. Also‚ it is known to be a place where several battles towards the end of the Second World War were fought. However‚ one can say that the battle of Montecassino is probably the most important in Italy. The battle of Montecassino‚ also
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Grade_________ Date _______________ Adoption of Global E‐Commerce in Arab countries 2008 THE UNIVERSITY OF GREENWICH Assignment: TIS Essay Two Title: Adoption of global E-Commerce in Arab countries Due Date: 05/03/2008 Tutor: Ms Nola Stairs Essay by: Miss Gertrude R Marabi Student ID: 000308555 Miss Gertrude R Marabi 000308555 P 2 Adoption of Global E‐Commerce in Arab countries 2008 Table of Contents ABSTRACT....................................
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The Environmental Impact 95 percent of electronic waste is recyclable. However‚ unregulated recycling can cause more harm to the environment than landfilling. While many companies‚ such as Apple‚ have safe and effective recycling programs‚ the majority of recycling companies export some percentage of their electronic waste to China or poor countries in Africa‚ where the waste is “recycled‚” or destroyed and stripped of its valuable metals. Though this seems like a good thing on the surface‚ because
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