External Analysis 1. PESTLE Factors Political and Legal· Government has high work efficiency‚ justice and transparency.· Company or individual have low tax rate easy to calculate.· Government supports the development of industry and commerce. | Economic·Hong Kong is the world’s 11th trading powers and 2nd stock market in Asia.·One of the most free trade port and open investment policy. It is the only one RMB offshore market.·Over-estimation of the number of visitors.·Loss $46 million in the
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Moot: “Technology is a liberator‚ not merely an instrument of power or in any way a threat to humanity.” Views of Technology‚ Ian Barbour. In “Computers and Ethics in the Cyberage”‚ Hester‚ D. Micah and Ford‚ Paul J. Prentice Hall: 2001. Technology as a threat to Humanity. This claim of technology and its developments has been argued for more than a decade as it continues to evolve. Firstly‚ the noun ‘threat’ as defined by The Oxford Dictionary is ‘a person or thing likely to cause damage or
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Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting
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External Forces Organizational change can be caused by external forces and internal forces. External forces commence outside of the organization and not only do they affect a company‚ but they also cause global affects. There are four components that play a crucial role in change of a organization from an external forces view. These four key factors allow a company to under go change and reconstruct its organization to improve its production and services. Demographics in the work place a re
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blindly saying yes to everything is not such a good idea‚ it will open opportunities and also might put you in trouble‚ so It’s easy to see many plots in this movie are not gonna happen in our life‚ but it still give us an important idea‚ which is having a positive attitude to every opportunity can bring success to you. We couldn’t live like a yes man say yes to everything‚ but we can use the following skills to seize the opportunity‚ which are say “yes” more often‚ have a positive attitude ‚ take more
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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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Rapid Dry Cleaning PLC Gemma Marks From an examination of the case study explain the strengths‚ weaknesses‚ opportunities and threats for RCDC plc Strengths RCDC covers a wide geographical area and so lots of people will know the brand. RCDC also have shares in their biggest competitors; Bletchley’s. They could take advantage of this by looking at their annual report and looking at what they have been doing to make a profit. They could also look at what Bletchley’s see are their biggest
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Company’s External Environment (External) Key economic and industry variables: Industry analysis (provide data to support): a. Industry size: b. Segmentation – geographic and product: Abercrombie and Fitch Co. started their business at West Cost of United State‚ because of the West Cost Mountains‚ camping gears and sporting goods were main products. However‚ under new management‚ A&F Co. opened a store on Beverly Hills‚ California. A&F Co. to aim rich‚ fitted‚ attractive‚ provocative
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Opportunities Daniel Kim One of the best ways to be succeeded is taking advantage of opportunities. Since all people experience various events and meet different people in their lifetime‚ they often have opportunities. However‚ most people do not take advantage of opportunities which can lead them success. I argue that taking advantage of opportunities is beneficial because it helps people build their future‚ brings other opportunities‚ and gives various experiences. When people experience
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July 21‚ 2011 Journal # 2: Cole‚ “10 Major Threats to the Environment”‚ WAE277-279 Part one: Summary According to the article‚ “10 Major Threats to the Environment’’ by Jeremy Iggers (the author) discusses about global warming and 10 major threats to the environment and what we can do to minimize it. There is a lot of evidence pointing to the earth getting warmer because of increased carbon dioxide in the atmosphere which is released when fossil fuels are being burnt. As a result‚ polar caps
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