to purchase more of the good when the price is low and less of it when the price is high. In other words‚ price and quantity demanded move in opposite direction‚ if price goes up‚ demand goes down. And if price goes down‚ demand goes up. Factors affecting the demand for a good: * Price: The price of the good itself is the first factor that affects the demand for a good. For goods that obey the law of demand‚ if the price rises the quantity demanded falls and if the price falls the quantity
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Factors Affecting Organizational Design Although many things can affect the choice of an appropriate structure for an organization‚ the following five factors are the most common: size‚ life cycle‚ strategy‚ environment‚ and technology. Organizational size The larger an organization becomes‚ the more complicated its structure. When an organization is small — such as a single retail store‚ a two-person consulting firm‚ or a restaurant — its structure can be simple. In reality‚ if the organization
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the key characteristic of the U.S. Air Force became its airlift capability. Saying that‚ the Air Force became essential element in joint military operation supporting one of the joint functions such as sustainment. Sustainment gives necessary ability to joint forces to maintain and prolong operations until mission accomplished. Moreover‚ the ability of the Air Force to provide by air material and personnel in the theater of military actions gives to Joint Force Command (JFC) flexibility and the ability
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support fundamental political change when it is needed. Therefore‚ “even in jaded times‚ idealistic citizens seeking change turn to political parties to make a difference. (Mills) Out of many party system choices‚ multiple party systems rise above all the others. Multiple party systems have the ability to create ease in the election process‚ provide the voters the option to have a meaningful voice‚ and are more inclined to be more responsive to change. This party system is also the most utilized political
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The External Environment Remote Environment Ü Economic: Today¡¦s mutually dependent global economy is creating new opportunities for growth¡Xand the corresponding challenges of managing that growth responsibly. In both instances‚ GE¡¦s size is an advantage. GE is solving big needs for countries that need the broad range of infrastructure‚ financing and healthcare that economic growth demands. GE is also solving big needs on behalf of the challenges that face all of us¡Xincluding
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Types of Forces Used in Basketball Forces are found everywhere‚ but of course‚ you can`t see them. They act on you for example if you are waking there are many forces that act`s on you. If they are not involved you can`t wake. Let`s talk about the forces that are involved in basketball. Basketball is a very enthusiastic sport and you must try it‚ you are not going to regrets. Basketball has original thirteen rules‚ but I am just going to mention 10 of them. 1- The ball can be thrown in any direction
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a thorough look at the corpse to determine time of death and cause of death. The person who does the exam is known as a Pathologist. These exams are done for either legal or medical purposes. “Autopsies can be further classified into cases where external examination suffices‚ and those where the body is dissected and internal examination is conducted.” Some cases will need permission from the next of kin to be able to be performed. The word autopsy comes from the Greek meaning “to see for oneself”
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Global factors affecting business The way of running the business differs from country to country. The marketing‚ sales and technical skills are required to increase the productivity of business. Business in general is enhanced when people from different cultures find new approaches to old problems‚ creating solutions by combining cultural perspectives and learning to see issues from the viewpoint of others. Business Environment consists of factors influential to the business operations. These
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External Analysis An external analysis is one of the most important tasks to complete when completing a strategic analysis for a given corporation. By looking at our Internal Analysis of General Electric (GE) we identified Strengths and Weaknesses and we were able to recognize the Distinctive and Core Competencies that exist within the General Electric organization. Our external analysis consists of two major analyses: The Competitive Analysis and the Industry Analysis. By taking a closer look
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SALES FORCE In today’s global marketplace‚ managers face many challenges related to fulfilling the customer’s ever-changing needs and expectations. The concept of customer service has recently become more complex as a result of globalization of goods and services. Customers are now well-informed decision makers as a result of the abundance of information that is available online and in the media. In addition‚ today’s consumer is most concerned with how a salesperson can solve basic problems and
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