The business my friend and I decided to start is a bakery café‚ named Lee’s bakery‚ which is a profit base business in selling a variety of cake. The reason that we choose to set up a bakery café is because this kind of business does not involve such a high amount of capital and risk as compared to other kind of business. Our bakery café located in Kuching that is a city of Sarawak. The market in Kuching trend has changed from simple cakes to designed cakes and other tasty pastries which will provide
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“Economics has never been a science - and it is even less now than a few years ago.”…Paul Samuelson INTRODUCTION Economics is the social science that analyzes the production‚ distribution‚ and consumption of goods and services. A focus of the subject is how economic agents behave or interact and how economies work. A given economy is the result of a process that involves its technological evolution‚ history and social organization‚ as well as its geography‚ natural resource endowment‚ and ecology
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ENVIRONMENTAL ANALYSIS OF SHERATON KAMPALA HOTEL BY ISLAM NURDIN VU1209-0103 NOVEMBER 2012 TABLE OF CONTENT 1.0 BACKGROUND 2.0 INTERNAL ENVIRONMENT 2.1 Men 2.2 Market 2.3 Materials 2.4 Machinery 2.5 Money 3.0 EXTERNAL ENVIRONMENT 3.1 MICRO ENVIRONMENT 3.1.1 Customers 3.1.2 Publics 3.1.3 Competitors 3.1.4 Suppliers 3.1.5 Marketing intermediaries 3.2 MACRO ENVIRONMENT 3.2.1 Political factors 3.2.2 Economic factors 3.2.3 Social-cultural factors 3
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Economics with Study Guide. Cincinnati: South-Western College Publishing. • "Macroeconomics/Microeconomics." Encyclopedia of Business and Finance. Ed. Allison McClintic Marion. Gale Cengage‚ 2001. eNotes.com. 2006. 20 Nov‚ 2009 • McCrane‚ Jim. “Macro vs. Microeconomics: How Do The Courses Compare?” ----------------------- [1] Source->
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Most important factors of micro environment of business are as follows: 1. competitors‚ 2. customers‚ 3. suppliers‚ 4. public‚ 5. marketing intermediaries‚ 6. workers and their union! The micro environment of the organisation consists of those elements which are controllable by the management. Normally the micro environment does not affect all the companies in an industry in the same way‚ because the size‚ capacity‚ capability and strategies are different. For example‚ the raw material suppliers
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actually be used to produce goods and services. 3 Explain the difference between macroeconomics and microeconomics. Give example of the areas of concern to each branch of economics. Micro: individual unit. Eg household‚ market‚ industry Macro: economic behavior of aggregate (national level) Eg national output‚ unemployment rates‚ etc. page 6 4 Explain why it is important for an economic model to be an abstraction from the real world. TO UNDERSTAND THE COMPLEXITIES OF THE REAL WORLD
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races‚ and backgrounds. Racism doesn’t only affect the people but also the environment. Environmental racism is an extreme situation which affect people all over the world because a multitude of innocents are dying. Many people are being affected‚ but whom exactly? Blacks & Hispanic populations‚ poor people are mostly mistreated in society‚ especially with environmental racism. Health and environmental risks cast upon blacks‚ and Hispanics in the communities in which they live.it is stated
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due to the high Income that they receive; because of their race and income‚ millions of people around the world are having problems in their town. The high income payers (Whites) are making the pollution and are setting it on low income area. Environmental racism is a part of our everyday life and many are starting to be affected by the bad outcomes that follow‚ through the whites‚ the government and high-income payers. People who preserve are numerous. The Government placing disruptive disturb landfills
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Mountain Coffee Roasters‚ Keurig Coffee Website :: www.greenmountaincoffee.com‚ www.gmcr.com‚ www.keurig.com Industry :: Processed & Packaged Goods- Coffee Makers Background & History Green Mountain Coffee Roasters‚ Inc. (GMCR) was founded in 1981 as a small café and combined with Keurig in 2006 (About GMCR‚ 2004-2009). GMCR produces specialty coffee and coffee makers; Keurig is the maker of a single cup coffee maker as well as specialty teas and coffees. Keurig was founded in 1998 on
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“First Blockbuster‚” 2012). However‚ by September 2010‚ Blockbuster filed for section 11 bankruptcy (Ahmed‚ 2011). The external changes in the market forced Blockbuster to reassess its business model and ultimately lead to the bankruptcy decision. An analysis of Blockbuster’s organizational challenges identifies failure in risk response and planning‚ thereby impacting performance‚ process‚ growth‚ and personnel prior to implementing new business strategies. Blockbuster failed to appropriately assess
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