CHAPTER 3: THE MACRO ENVIRONMENT MGMT 488 – STRATEGY AND POLICY OVERVIEW The macro environmental analysis is the first step in creating the Environmental Analysis. The macro environment examines the general business climate as it relates to the organization‚ but has nothing to do with the organization itself. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The acronym for the macro analysis is “STEEP.” The five areas of interest are Socio-cultural
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| Provide an excellent customer service before and after salesExamples: * Naim: Not for profit repairs * Linn: Audition product before purchase | * External diagnostic | OPPORTUNITIES | THREATS | Macro-environment | Political | | | Economical | | CD sales and older technologies are declining (23%) whereas Ipod (207%) and MP3 are booming | Social | This kind of product can be classified as a esteem need* in the Maslow’s hierarchy
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QUIZ ON CONCEPTS OF DEMAND‚ SUPPLY AND MARKET PRICE 1. THE LAW OF DEMAND SUGGESTS THAT AN INCREASE IN THE PRICE OF GOOD X DECREASES THE DEMAND FOR GOOD X. True False [1 pts.] 2. A DEMAND CURVE SHOWS THE [1 pts.] AMOUNTS OF GOODS THAT SELLERS SELL WHEN INCOME‚ PRICES OF RELATED GOODS‚ AND EXPECTATIONS CHANGE. True False 3. AN INCREASE IN THE WAGES OF COAL [1 pts.] MINERS DOES NOT CAUSE A DECREASE IN THE SUPPLY OF COAL. True False 4. THE LAW OF SUPPLY SUGGESTS THAT THE ELIMINATION
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Executive summary The assignment starts with an introduction and Macro-environment analysis of Italy and 12 C frameworks. Macro environment is based on economic factors‚ social cultural forces‚ political and technological things that affect the organisation inside. It is important for a company to identify the possible political risk s in the country. Political risk is based on changes in the political environment that may have a direct impact on business. The political factors have influence on
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Executive SummaryThe macro-environment consists of larger societal forces that affect entire micro-environment. The six forces making up the company’s macro-environment include demographic‚ economic‚ natural‚ technological‚ political/legal‚ and social-cultural forces. Companies must constantly watch and adapt to the marketing environment in order to seek opportunities and ward off threats. “The marketing environment comprises all the actors and forces influencing the company’s ability to transact
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SUGI 31 Hands-on Workshops Paper 107-31 Intermediate and Advanced SAS® Macros Steven First‚ Katie Ronk‚ Systems Seminar Consultants‚ Madison‚ WI Abstract This hands-on workshop presents some intermediate-to-advanced macro topics such as macro referencing environments‚ macro interfaces (SYMGET‚ SYMPUT‚ EXECUTE‚ RESOLVE‚ PROC SQL)‚ macro quoting‚ and macro functions. Good practices and alternatives to macros are also discussed. After a short lecture‚ attendees will perform hands-on exercises
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Written Macro Assignment True/False Questions. Read each statement carefully‚ and neatly write the word TRUE on the line next to the statement if you believe the statement is true‚ or neatly write the word FALSE on the line next to the statement if you believe the statement is false. ______T____ 1. Do…Loops are used in macros to repeat lines of code until or while a specified condition is met. _______F___ 2. The area where macro code is displayed in Visual Basic is
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The JB Hi-Fi can try to improve the customer services like enhance consumer service strategy. In a year‚ 69.2% of customers shop 1-3 times in the JB HI-FI and only 10.3% customer shop over 7 times. So they should try use the good service to increase the customer visit times. A good service is a sign for a company. If JB HI-FI offers a service‚ let people know how and why they can benefit from it. 2. Layout clutter 159 For JB Hi-Fi‚ they should be change the clutter layout into orderliness. The
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Special Features of marketing theory 6. Which is better? Why? 1. micromarketing Micro refers to the marketing activities of individual units‚ normally individual organizations (firms) and consumers or households. (Hunt‚ 1976) 2. macromarketing Macro suggests a higher level of aggregation‚ usually marketing systems or group of consumers. (Hunt‚ 1976) “---Macromarketing should connote an aspect of marketing which is ‘larger’ than what is otherwise considered” Bartels and Jenkins (1977) argue
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Instructor Guo Ji Public email bnuwec@gmail.com‚ PIN interbusiness Contact Information guoji@bnu.edu.cn Course Prerequisites Micro and Macro Course Description This course is an introduction to international business with an emphasis on the contemporary issues of China. The basic content of the course includes (1) an overview of the means of conducting international business‚ with an emphasis on what makes international different from domestic (2) the effects of the social systems within countries
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