have the ability to get more income. Therefore‚ they will be more affordable to travel. 3. Occupation Employees who work in multinational company often travel to other countries for the business purpose could be the important customer in airline industry. 4. Population Highly populated country tends to utilize airline services more frequently. For instance‚ China has a larger market for travelling comparing with small country‚ such as Vietnam‚ Singapore and etc. 5. Gender Women are more influential
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SWOT Analysis Porter’s Five Forces of automobile industry. Globalization had indeed left its impact on the automobile industry. Now foreign auto dealers were facing lesser restrictions to operate in overseas markets. Michael E. Porter in his book “Techniques for analyzing industries and competitors” dealt with five competitive forces that shaped all industries. This helped to analyze the intensity of competition which had an impact on the profitability of an industry. The US automobile industry
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Executive Summary: Industry Selected: Automobile industry has been focused in this analysis being one of the fastest growing industry eventhough it’s highly competitive in the recent years. Since 2005‚ there are several changes in the Automobile Industry due to globalization and the demand for high featured cars from the growing economical countries despite the oil shortage which is a challenging the industry. Methodology: Te below analysis of the Global Automobile Industry is based on the PORTER’s
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Standard Chartered is the world’s leading emerging markets bank headquartered in London. Standard Chartered employs 30‚000 people in over 500 locations in more than 50 countries in the Asia Pacific Region‚ South Asia‚ the Middle East‚ Africa‚ the United Kingdom and the Americas. It is one of the world’s most international banks‚ with a management team comprising 70 nationalities. Standard Chartered has been committed to Hong Kong and China for nearly 150 years. Standard Chartered Bank opened its
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Diageo is a company that produces and distributes alcoholic beverages. Its products include all three branches of this industry – spirits‚ wine and beer. The brands that the company produces include well-known names like Smirnoff‚ Johny Walker scotch whiskey‚ Baileys‚ Captain Morgan rum‚ Tanqueray gin‚ Guiness beer‚ Don Perignon champagne‚ and many others. One can find the products produced by this company in nearly 180 countries all around the world. The company’s offices are located in 80 countries
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External Environment Analysis MGT/488 October 21‚ 2010 Patti Berlin External Environment Analysis Sam Walton began Wal-Mart in 1962 and opened the first store in Rogers‚ Arkansas (History‚ 2010‚ p. 1). Walton was not new to the retail industry and had traveled the United States to learn as much as possible about the industry. Walton knew that customer needs were important to success and he wanted to know as much as possible about the industry to meet those demands. Sam Walton experienced strong
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CHAPTER TWO EXTERNAL ENVIRONMENT ANALYSIS At the end of this chapter‚ the student should be able to: 1. Understand the processes for an environmentally conscious organization. 2. Know the importance of SWOT analysis in analyzing both external and internal environment. 3. Understand the different segments of the external environment known as the general environment. 4. To find out how the strength of the company’s competitive forces are congruent with the industry’s through the five-forces
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Organisations and Environment Analysis of the External Environment The dimension of the external environment which interests me the most is the economic dimension. Economics can be described as the social science that deals with the production‚ allocation and distribution of scare resources in order to please the unlimited wants and needs that individuals boast. Economics is also research into aspects such as interest rates‚ inflation‚ gross national product and unemployment in order to
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External Environment Analysis JetBlue Airways Corporation (JetBlue) is a company that has focused on low-cost airline transportation service. It is also one of the top major airlines dominating the Domestic Airlines industry. To develop a better strategic business plan the company’s external business market and the effect it has on the business continuity plan must be analysis as well as the general‚ industry‚ and competitor environments. Another issue affecting companies is the role business
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defined the playing arena of Foster. Secondly‚ identify Foster’s missions‚ sales and revenues in the past. Thirdly‚ evaluate the external sales environment‚ including customer and competition analysis. Fourthly‚ forecasting the future external scenario. Fifth‚ analysing the existing sales operations‚ and evaluating it through gaps‚ key successful factors‚ and SWOT analysis. Finally‚ we gave Foster the recommendation on sales operation strategy for the next three years‚ and also evaluated the pros and
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