EXTERNAL ENVIRONMENTAL FACTORS There are 7 external environmental factors. They are political‚ economic‚ sociocultural‚ technology‚ customers‚ competitors and suppliers. Each of these factors have a great impact to an organization. They offer both opportunities and treats to organization. POLITICAL factors refer to the relationship between a business and a government. Every organization must spend a great time and money to meet with governmental regulation. ECONOMIC factors refer to the conditions
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III. Marketing Aspect Name of the Product The Internet is a global network connecting millions of computers. More than 100 countries are linked into exchanges of data‚ news and opinions. According to Internet World Stats‚ as of December 31‚ 2011 there was an estimated 2‚267‚233‚742 Internet users worldwide. This represents 32.7% of the world’s population. Singko (5) Net is the name of our business. For only P5.00‚ the customer can surf the internet. We choose this business to help students of University
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discussing uncertain and dynamic external environments and if they require more effective application of analytical tools and framework and to what extent they do. The external environment refers to the range of factors that influence the operation and performance of an organisation that happens out-with the organisation which they have limited control over and by applying analytical tools and framework they try to prepare themselves best for what may come. As the environment is constantly uncertain and
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External Environment: Opportunities and Threats for JetBlue Airway Societal environment After September 2001‚ air travel decreased sharply and major airline companies had lost the money. This makes those airline companies to increase the debt by tapping their credit lines and/or issuing bonds. These actions were vital to help the carriers survive the dramatic decline in passenger levels and fares‚ and the sharp increase in losses‚ but left most of the major airlines burdened with huge debt
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where they get addicted and drown themselves into the game itself. The youth of today no longer seem to spend their leisure activities like in the olden days; outdoor games or playing sports‚ instead‚ they spend their free time in their homes‚ internet cafes or computer shops simply to satisfy their hunger; and that hunger is Online Gaming. Online gaming has such a profound impact on not only the young‚ but dynamically every age group as well. So far‚ virtually anyone is able to go on a computer and
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Introduction 3 2. External macro-environment 3 2.1 Social and cultural forces 3 2.1.1 Changing gender roles 3 2.1.2 Attitude towards health‚ nutrition and well-being 3 2.1.3 Cultural beliefs in a country 4 2.2 Technology 4 2.2.1 Advantages of technology 4 2.2.2 Disadvantages of technology 5 2.3 Demography 5 3. Conclusion 6 4. References Lists 7 1. Introduction This report is discussing about how three major forces of macro environment affecting an organisation’s
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SOO CHUNG KIAN EXTERNAL ENVIRONMENT: Industry Environment by using Porter’s Five Forces Figure 1: Porter’s five forces model Porter’s five forces analysis is a framework that is used for the industry analysis and business strategy development. This analysis determines the competitive intensity and therefore attractiveness of a market. A change in any of the forces normally requires a company to re‐assess the marketplace. Rivalry The competition between operators and the rivalry are
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SPIDER’S WEB INTERNET CAFE Sustaining Positively your Initial Demand for an Economical Rate as We Endeavour Blessing Target Budget P 300‚000.00 Cost of Operation Estimated: Space Rental (2 months advance + 1 month deposit) P 21‚000.00 Furniture (Computer Tables & Chairs) 25‚000.00 10 sets of PCs @ P 17‚500.00 each 175‚000.00 Air Condition (second hand including installation) 15‚000.00 Printer/Scanner 5‚000.00 Xerox Machine (rental/franchise
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FedEx External Environment Audit 1. How is the industry structured? The industry is defined by NAICS as the logistics‚ transportation‚ and related business services. This is a very broad definition because it doesn’t define the main function of the business‚ which is express delivery and shipping that includes a wide range of services for both businesses and consumers. FedEx offers express delivery‚ ground‚ and freight shipping‚ in domestic and international markets. The most important
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critical for organization to understand the importance of external environment‚ which includes remote‚ operating and industrial environments before developing its future objective. Each environment bases on different factors‚ therefore the analysis of external environment will help the company seeks for new opportunity in many areas as well as discovering challenges that might have direct impact to the organization in the future. The remote environment consists of the study of the economic trend such as
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