Business Environment Meaning: The success of every business depends on adapting itself to the environment Within which it functions. For example‚ when there is a change in the government polices‚ the business has to make the necessary changes to adapt itself to the new policies. Similarly‚ a change in the technology may render the existing products obsolete‚ as we have seen that the introduction of computer has replaced the typewriters; the colour television has made the black and white television
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Chapter 1 Business Environment Q 1. Ans. What is Business Environment? The term Business Environment is composed of two words ‗Business‘ and ‗Environment‘. In simple terms‚ the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production‚ extraction or purchase or sales of goods that are performed for earning profits. Q 2. Ans. Define Business Environment. The elements or factors outside a business organization
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BUSINESS ENVIRONMENT SYLLABUS CHAPTER I Business environment- Dynamic factors of environment- Importance of scanning the environment-Fundamental issues-Economics environment of business - Sock) - cultural environment- Political/ Legal environment -Cultural environment. CHAPTER II Political economy - Government and business -.Public control‚ of business -Trends and structure of Indian economy - Socio - economic problems of India CHAPTER III Government controls and regulations -‚ Regulating
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Globalization and the Environment • The globalization of environmental affairs takes a number of forms ‚ including: the encounters between previously separated ecological systems from different parts of the planet; the pollution and degradation of the global commons (such as the oceans and the atmosphere); the overspill of the effects of environmental degradation from one state to another (environmental refugees); transboundary pollution and risks (nuclear power‚ acid rain); the transportation
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& Recycle An environmental issue that the United States has is the obedience to the concept of the 3R’s: reduce‚ reuse‚ and recycle. People now live in such a consumer driven society that they fail to reason what their habits are causing the environment to become. Forests‚ oil‚ and other natural resources are diminishing because of Americans need for more‚ more‚ and more of the materials that come from them. But instead of giving back to the Earth‚ they just toss the unwanted‚ used products away
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Ollo:-…………………………………………………………………………………………………………3. Task 2: Illustrate the way in which market forces shape organizational responses using a range of examples:-…………………………………………………………………………………………………4 Task 3: Judge how the business and cultural environments shape the behavior of OLLO:-……6 (Task- 4.1) Discuss the significance of international tread to Uk business organization…………9 LO4.2 Analyze the impact of global factors on Uk business organization…….........................................
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The Marketing Environment The environment forces that affect the company’s ability to serve its customers 1. External Environment 2. Internal Environment External Environment Macro Environment: consist of larger societal forces that affect the entire microenvironment. The six forces making up the company’s microenvironment Demographic Economic Natural Technological Political Cultural Forces Demographic is the study of the characteristics of human populations.
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Micro Environment The actors close to the company that affect its ability to serve its customers – the company‚ suppliers‚ marketing intermediaries‚ customer markets‚ competitors‚ and publics. 1. The Company a. All groups/departments in a firm are interlinked. 2. Suppliers a. Suppliers form an important link in the company’s overall customer value delivery system. 3. Marketing intermediaries a. Helps the company to promote‚ sell and distribute the goods and services to final buyers. These
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competent. Copyright Harriet Heath‚ Ph.D. 2010 in consultation with Dana McDermott To introduce you to infancy the following video is of a baby having a massage. It introduces you to infants and to a procedure that can be very powerful in helping a parent develop a relationship with her infant. Assignment 5.1 Write a detailed objective observation of an infant being massaged. One
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When I was ten‚ I started assisting at our church outreach program to feed the homeless in Yuma. We created sack lunches and during cold months soup. Saturday’s often were spent driving around the city‚ stopping when finding people in need and providing a meal with some kind words of encouragement. This made me realize a few things. One‚ we had a lot of homeless in our city from young children to senior citizens. Secondly‚ each homeless person had a story to tell and each person was unique in
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