employees to keep their restaurant running across the island. (McDonald’s Company Profile‚ 2012) PEST ANALYSIS Pest analysis is a scan of external marco-environment in which a business operates and can be describe in terms of Political‚ Economic‚ Social and Technological. (QuickMBA Strategic Management‚ 1999-2010) Political Factors Operations of McDonalds in Singapore are controlled by certain policies and regulations by the government. Under the Singapore fiscal policy‚ 17% corporate tax and
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The environment plays a significant role in life. Meanwhile‚ humans impact on natural environment as well‚ through pollution‚ greenhouse effect. Obviously‚ our growing population not only means that people use more resources‚ people also produce more pollution. Therefore‚ pollution of the natural environment is the main issue. Today‚ increasing population growth causes the natural environment to change greatly. This paper focuses on the negative influence of population growth on the environment in
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natural environment through cost-efficient energy-saving alternatives. New Belgium Brewing commissioned a study found that their largest amount of carbon dioxide actually came from the coal-fuelled power plant that supplied the brewery with electricity. With that in hand‚ New Belgium Brewing have invested in a wind turbine‚ making it the first fully wind powered brewery in the United States. By so doing‚ it has greatly reduced carbon dioxide emission which is associated with serious global warming
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low price had released the potential of the watch to become a fashion accessory. Swatch’s operations reaped the benefits of high volume‚ but had to cope with an everincreasing variety of product designs. Through automation and rigid standardisation of the internal mechanism of the watch‚ the company managed this increase in variety without crippling its costs. It is the success of the company’s operations managers in keeping their costs low (direct labour cost is less than seven per cent of the
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Level 2 Certificate in Principles of Business and Administration Unit 1: Principles of personal responsibilities and working in a business environment Assessment Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). [AC 1.1] 2a) List three key points of
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Piracy in the Caribbean Most of us today think of pirates as something that exists only in movies and literature‚ but 300 years ago this was a very different story. Much unlike what you may see in today’s pop culture piracy was a very fair and democratic system where crew members could elect their own captains and where Africans were considered equal to whites‚ a truly revolutionary concept for its time‚ considering that the use of slaves was a common practice at the time. Piracy in the Caribbean
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challenges By shifting to more up-to-date computer hardware‚ Organization were able to provide more computing power for their operations. To select the right computers‚ management needed to understand : 1.How much computer processing capacity its business processes required? 2.How to evaluate the price and performance of various types of computers? 3.To known the financial and business rationale for hardware technology investments. Management also had to plan for future processing requirements and understand
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Discussion Questions 1. How does the American Marketing Association define marketing? How can marketers deliver value to their customers over the long term? Marketing is the activity‚ set of institutions‚ and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners‚ and society at large. (Approved October 2007) http://www.marketingpower.com/aboutama/pages/definitionofmarketing.aspx I couldn’t find on the book website the
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Unit 222 – Communication in a business environment 1.1 explain why different communication methods are used in a business environment It is important to understand the communication needs of colleagues such as knowing what type of business the organisation is in and maybe specific details about the services or products that they provide. They will also need the skills necessary to do a job well. The purpose of communicating in a business is to send a message to an individual/group of people so that
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Theory of International Trade. How this theory is different from other theories. 4 . On what basis countries as classified as low income‚ middle income and high income countries? Do you think economic status of a country will influence its global business? 5 . Explain different types of Economic Systems. What are the major challenges faced by the command economies while transiting to a market economy? 6 . Explain the achievement of EU in integrating its member countries. How is formation
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