Department of Marketing Dhaka University Course Name: Business Environment Preface The objective of this course is to provide requisite knowledge for successful business manager. To develop the understanding of the cultural‚ demographic‚ social‚ economical‚ political‚ technological and legal environment within which the business operates. Provide knowledge on how to adapt with the changing environmental situation. It also discusses the issues related to the relationship between business
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P1- Describe how marketing techniques are used to market products in two organisations. Marketing is the term where companies create their products or services awareness into the market. This goes ahead with identifying the customer’s needs and then working on purpose. The customers found to be in the centre of the whole process as they help in profit making. Marketing techniques can be defined in to different strategies which are: Growth strategies: It is the strategy which always aims high
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The Use of Force The Wichita Police Department’s policy and procedures on the use of force for its employees takes every measure of precautionary to ensure that the best method of force is used in making a lawful arrest. These policies and procedures go into great detail to inform officers when the use of force is necessary and how much force is needed. An officer of the WPD is justified in using force as long as they believe it to be necessary to effect the arrest and to defend one’s self or another
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Five Forces 1 The Five Forces Southwest Airlines 2 Michael Porter’s ideology of The Five Forces Model is the framework for the modern thinking about competition and strategy (Magretta‚ 2010). The five forces that any company needs to address in any industry are‚ The Threat of Entrants‚ The Bargaining Power of Buyers‚ Threats of Substitutions‚ The Bargaining Power of Supplier‚ and The Intensity of Competitive Rivalry. The forces are interrelated in such a way that if implemented accordingly
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to government officials and the use of their power and force. These areas can easily be misconstrued and misunderstood. Police officers are put in situations where they are sanctioned to use mental and physical force to catch criminals with the goal of solving a crime. (p481). When it comes to police force‚ some have a good understanding of its purpose and feel that it is needed. Others believe that with training and self-control‚ police force could be minimized. We live in a society that is unpredictable
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Centripetal force (from Latin centrum "center" and petere "to seek"[1]) is a force that makes a body follow a curved path: its direction is always orthogonal to the velocity of the body‚ toward the fixed point of the instantaneous center of curvature of the path. Centripetal force is generally the cause of circular motion. In simple terms‚ centripetal force is defined as a force which keeps a body moving with a uniform speed along a circular path and is directed along the radius towards the centre
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The Five Forces Framework and Competitive Strategy In this framework due to Michael Porter there are two high-level stages in the creation of competitive strategy‚ each stage corresponding to a high-level determinant of profitability mentioned in the previous section. The first stage is the assessment of the attractiveness of the industry in which a given company is embedded based on a structural analysis of the industry. In this stage‚ called the five forces framework‚ five forces that influence
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Climate Change Beliefs and Cultural Values Controversy surrounding the public understanding of climate change is influenced by the deficit in cognition of scientific information. As a result the knowledge deficit‚ people turn to cultural differences for alternative explanations. In a straight forward explanation‚ the difference in opinions is a result of both ignorance and culture. This view aligns with Kahan et al.’s cultural cognition thesis‚ according to which the political disagreement about
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earth is the only planet in the universe which has an environment suitable for life. Water‚ land‚ and air are needed for survival. Earth provided these essential and human used them. One of the biggest problems that the enviroment is serious pollution. Pollution can be divided into three types : water pollution‚ land pollution‚ and air pollution. Paragraph 3: Another type of pollution is which has a remarkable influence on over environment is air pollution. Every year‚ there are a lot of smoke
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Marketing Audit Approach Sushil Kumar July 17‚ 2006 Marketing Audit Approach "A marketing audit is a comprehensive‚ systematic examination of a company’s marketing organization‚ strategies‚ tactics‚ objectives‚ and activities. A marketing audit enables senior management to discover the organization’s strengths and weaknesses in relation to opportunities and threats it faces in the marketplace‚ and pinpoint more effective uses for the available marketing resources" (Willson‚ 2003). "Half
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