4.2 External Factors External factors are a number of influencing factors which are not controlled by the company but will impact pricing decisions. It includes of legal‚ consumer trends‚ technological‚ and competitors. Our company focuses on technological and competitor as external factors that influencing price setting on matcha collagen biscuits. 4.2.1 Competitor Competition factors can look into three areas which are monopoly competition‚ perfect competition and oligopoly competition. Monopolistic
Premium Monopoly Perfect competition Competition
My Disney Cruise One day‚ Shelby’s aunt and uncle asked " Shelby would you like to go on the Disney Cruise line with us and the girls?" Shelby said "I would love to go but I have to check with my mom first. If momma says yes‚ when is it? How long would we be gone?" Aunt Melissa said "The cruise is on January 31st. We will be gone about five to six days." Shelby said " Okay‚ thank you." Later‚ Shelby text her mom saying " Momma‚ Uncle Jr‚ Aunt Melissa‚ Emersyn‚ and Olivia are going on the Disney
Premium Family English-language films Mother
Strategic Management Chapter 3: The External Assessment Submitted by: Stephanie Rose Capule Melody Ferrer Divine Grace Jasa Claudine Martinez Wendy Pangilinan Mark Angelo Santiago Julma Tumibay Mktg 4-2 Submitted to: Mr. Jamilton Esguerra Chapter Objectives: After studying this chapter‚ you should be able to do the following: 1. Describe how to conduct an external strategic-management audit. 2. Discuss 10 major external forces that affect organizations: economic‚ social
Free Milk Dairy Strategic management
The creativity of people and sustained marketing of companies allowed the passenger liner industry to transform from a pure transport function to an almost pure tourism function into the global cruise line industry that we know today. The main goal of the supply chain‚ sometimes referred to as the value chain‚ is to create value. In an end-customers’ context‚ value is the measure of desire for a product and its related services (1) customer relationship management‚ (2) customer service management
Premium Supply chain management Customer service Customer relationship management
Since the Kai Tak Cruise Terminal opened‚ cruise tourism has been developed rapidly. In 2017‚ the number of ship calls attains about 250 while passenger throughput attains 850000 (“Speech by‚” 2017). Recently‚ World Dream launched homeport in Hong Kong. By developing cruise tourism‚ is there any impacts affect Hong Kong and the region? For economic aspect‚ Hong Kong and the region can be benefited from cruise tourism. With increasing number of cruise tourists‚ it brings economic benefit to the
Premium Cruise ship Cruise ship Tourism
Introduction The cruise industry has been growing between 1990 to 2005‚ recording an expansion of passenger level from 4.4 million to 13.9 million.1 The growth has led to cruise industries to build larger and diversified ships‚ and to provide more local ports‚ destinations and new on-board or on-shore activities that match demands of consumers.2 In order to cope with the global trend and become a leading regional cruise hub‚ the Kai Tak Cruise Terminal was built in May 2010 and
Premium Cruise ship Tourism
| Identify the key actors and forces in the company’s marketing environment that affect its ability to serve its target customers effectively.The marketing environment can be defined as everything that surrounds an organization’s environment and can affect its operation.The business environment consists of the actors and forces that affect an organization’s ability to develop and maintain business with its targeted customers. These are the Micro Environment‚ the Macro environment and the internal
Premium Marketing
People’s health is a result of internal and external factors. Describe two factors and explain their effects on people’s health. This assignment will be looking at how a person’s health is affected by both internal and external factors. Health can be affected by several different causes and may vary for each person due to the influence and nature of these factors. However‚ this assignment will be looking specifically into the biological aspect discussing topics such as obesity and genetics as the
Premium
3 The External Assessment Chapter Outline The Nature of the External Audit Strategic Management: Concepts & Cases 10th Edition Fred David The Industrial Organization (I/O) View PowerPoint Slides by Anthony F. Chelte Western New England College Copyright 2005 Prentice Hall Social‚ Cultural‚ Demographic & Environmental Forces Ch 3 -1 Chapter Outline (cont’d) Copyright 2005 Prentice Hall Ch 3 -2 Chapter Outline (cont’d) Political‚ Governmental‚ and Legal Forces Porter’s Five-Forces Model
Premium Competitor analysis Strategic management Competitive intelligence
Summary: The cruise line industry has been experiencing a period of massive expansion over the last decade thus heightening the competitive profile for the industry in terms of market share and competitive rivalry. Now cruise industry is one of the most competitive across all. Question 1: What global forces have contributed to the growth of the cruise-line industry? Answer: The global forces which have contributed to the growth of the cruise-line industry are-
Premium Cruise line Holland America Line Carnival Cruise Lines