CHAPTER 1 Business Environment Contents • Introduction • Business • Objectives of business • Environmental influences on business • Environmental analysis • Characteristics of business environment • Components of business environment • The micro and macro environment • Competitive environment • Porter’s five forces model–competitive analysis Learning Objectives The present chapter aims at: • Definitions and objective of business • Examine environment analysis‚ characteristics
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ENVIRONMENT I. Introduction Pakistan and other developing countries around the world are increasingly becoming conscious of the fact that‚ the pursuit of growth and development places a heavy burden on sustainability for now and for the foreseeable future. Development‚ sans environmental aspects is counter productive in sustaining the pace of progress. The Government of Pakistan believes in the creation of opportunities for the present generation without compromising on the potential of
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Business Environment Lecture 1 Business & its Environment What is Business? Business is a way of dealing with the problem of scarcity Business involves the transformation of inputs into outputs to meet particular needs or wants of consumers Business is not just The Private Sector it is also The Public Sector and Societies have to choose the balance between the public and private sectors The Private Sector (Pg 7-11) Consists of all business in some form of private ownership COMPETITON
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vulnerable population. Vulnerable because of their limited access to proper health care and a resultant risk for poor health as a result of their economic status‚ age‚ ethnicity‚ disease process and other factors. (Vulnerable Populations: Who Are They?‚ 2006) A first of its kind 2012 Gallup poll will help give a clearer picture. Poll results show 3.5% of the U.S. population identifies as lesbian‚ gay‚ bisexual or transgender (LGBT). On a state-by-state basis the distribution of this population doesn’t
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Abortion America stands for freedom and that’s what the people of the United States of America deserve. Regarding the issue of abortion‚ there is no other option than Pro-choice. The extremely controversial issue of abortion should not even be an issue. Americans have freedom to make there own decisions regarding there life and the life of there own unborn fetus. The reason this issue is so back and forth is because it wasn’t around when the constitution was formed‚ saying nothing about
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species. Chemical compounds can be toxic to aquatic life‚ and heat pollution can create an environment that causes aquatic animals to have difficulty breathing‚ and maintain the correct level of oxygen to survive. Additionally water tainted by pollution will likely be toxic to land animals that attempt to drink it‚ meaning pollution reduces the amount of safe drinking water that humans are able to use. As the population of humanity increases‚ and demand for water goes up‚ the importance of clean drinkable
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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Global population is currently over 7 billion. The biggest contributors to the world’s population are China and India‚ they both have populations of over 1 billion and China contains 19% of the population whilst India contains 17.4%. The highest populated continents are Asia and Africa‚ which are continents that most of the LEDCs are from. Asia has a population of over 4 billion and Africa has a population of over 1 billion‚ which makes up more than half of the world’s population. The population in these
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Betty Abebe Ethiopia: Population Pyramid For my population pyramid I looked up the country Ethiopia. Ethiopia is still a developing country so the shape that there population pyramid forms is a triangular. Ethiopias fertility rate is about 5.31 child(ren) per women. This shows that Ethiopias population is both growing rapidly in size and declining in median age. When you look at the population pyramid you notice a few strange things. The country is mostly by a large based of young people. For
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Aftermath: Population Zero Imagine if one minute from now‚ every single person on Earth disappeared. All 6.6 billion of us. What would happen to the world without humans? How long would it be before our nuclear power plants erupted‚ skyscrapers crumbled and satellites dropped from the sky? What would become of the household pets and farm animals? And could an ecosystem plagued with years of pollution ever recover? Similar to the History Channel’s special Life After
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