Chapter 4 The External Environment The Environmental Domain Organization Environment is composed of all elements that exist outside the boundary of the organization that have the potential to affect all or part of the organization. Its domain is the chosen field of action. The environment comprises several sectors or subdivisions of the environment that contain similar elements (ie. industry‚ raw materials‚ human resources‚ market‚ technology‚ financial resources‚ economic conditions‚ government
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and Japanese markets‚ the insurance firm American Family Life Assurance Company (AFLAC) seeks to stay competitive in finding‚ retaining‚ and delivering quality service to 4‚500 employees‚ and cost containment is a major concern in a competitive environment. To help control employee costs‚ AFLAC used monetary and nonmonetary rewards as direct and indirect compensation to balance benefits and costs. As such‚ AFLAC’s total compensation plan consisted of base compensation‚ pay incentives‚ and indirect
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External/Internal Factors While driving on a congested freeway during rush hour many people may have often wished that all the other cars would simply disappear so we arrive at our destination on time. Realizing that it is beyond their control‚ their thoughts may return to another solution and something that they can control – the departure time. All those other cars on the freeway are external factors affecting a commute to work. Their presence or behaviors are beyond an individual’s
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Introduction 2 Macro-environment 3 Political factor 3 Economic factor 3 Socio-Cultural Factors 4 Technological factors 4 SWOT Analysis 4 Market segmentation 7 Geographical 7 Demographic 7 Psychographic 7 Marketing mix 4P’s 7 Recommendation 8 References 10 Introduction This write up is in regard of the marketing report based on Samsung‚ electronic Multinational Corporation. It gives a PESTEL examination‚ SWOT analysis‚ Segmentation and marketing mix elements. Samsung ’s uniqueness is delineated
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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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Su Yi Huang (Sandy) 861187870 Leadership Self Analysis Report Where are you now? What are your current leadership strengths and weaknesses? After I study my surveys results and feedback‚ I did the summary for myself. I am a conservative and traditional person which is very close to what I feel about myself. As a conservative style leader‚ I am detail-oriented and have high deliberateness‚ therefore‚ I usually have great tolerance on doing routine tasks than other people and it helps me do well the
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The External Environment All outside factors that may affect an organization make up the external environment. The external environment is divided into two parts: ● ● Directly interactive: This environment has an immediate and firsthand impact upon the organization. A new competitor entering the market is an example. Indirectly interactive: This environment has a secondary and more distant effect upon the organization. New legislation taking effect may have a great impact. For example‚ complying
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van Tulder b‚1 a b University of Amsterdam Business School‚ Plantage Muidergracht 12‚ 1018 TV Amsterdam‚ The Netherlands RSM Erasmus University Rotterdam‚ Burgemeester Oudlaan 50‚ 3062 PA Rotterdam‚ The Netherlands A R T I C L E I N F O A B S T R A C T Keywords: Consumers Corporate social responsibility Developing countries Emerging markets International business Multinational enterprises Stakeholders Sustainable development Sustainability While attention to the social and environmental
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Threat Increased competition Smart phones are easier to make now more than ever. More companies may enter the market‚ and competitors or even Samsung contractors can maneuver around patents to create similar devices. Samsung has linked product lines‚ which means that if one product line fails due to its own reasons other product lines will also suffer. Unlike Samsung‚ their competitors like Nokia has only focused in one segment and put much effort on it. Besides‚ the products made from China was
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QUESTION : What are NGOs? What do you think are the strengths and weaknesses of NGOs? The essay discusses what Non-Governmental Organizations (NGOs) are. The essay also discusses the strengths and weaknesses The term NGO is usually applied only to organizations that per sue wider social aims that have political aspects. NGOs are legally constituted organizations created by people that operate independently from any form of government. It is not possible to give a universal definition Non-Governmental
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