‘Business’ and Its ‘Environment’ Introduction Every business organization has to interact and transact with its „environment‟. The effectiveness of interaction of an enterprise with its environment primarily determines the success or failure of a business. The environment imposes several „constraints‟ on an enterprise and has a considerable impact and influence on the scope and direction of its activities. The enterprise‚ on the other hand‚ has very little control over its environment. The business
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Department of Marketing Dhaka University Course Name: Business Environment Preface The objective of this course is to provide requisite knowledge for successful business manager. To develop the understanding of the cultural‚ demographic‚ social‚ economical‚ political‚ technological and legal environment within which the business operates. Provide knowledge on how to adapt with the changing environmental situation. It also discusses the issues related to the relationship between business
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1) Human health effects 1.2.2) Environmental effects 1.2.3) Property effects 1.3) Solutions for sound pollution 5-11 2) Water Pollution 2.1) Causes of water pollution 2.2) Effect of water pollution 2.3) Solutions for water pollution 12-15 3) Land Pollution 3.1) Causes of land pollution 3.2) Effect of land pollution 3.3) Solutions for land pollution 16-20 4) Air Pollution 4.1) Causes of land pollution 4.2) Effect of land pollution 4.2.1) How can air pollution hurt our health? 4.2.2) Smog
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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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ENVIRONMENT The word ’environment’ is derived from the French word environ‚ which means ’to surround’ or ’around’ and is referred to as the external conditions in which an organism lives. Environment thus‚ can be defined as the sum total of physical‚ chemical and biological factors‚ which act upon an organism or an ecological community and determine its form and nature of survival. Animate and inanimate objects together constitute the natural environment making even human beings a part of the
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S.NO CONTENT PAGE.NO 1. Introduction 03 2. Newspaper 03 3. Academic Journal 03 4. Book Extract or Chapter 06 5. Webpage 07 6. Conclusion 08 7. Bibliography 09 INTRODUCTION Teamwork can be simply defined‚ "as a state of unity achieved within a group of people working for a specific economic benefit." It is used to determine the coordination and cooperation of a business venture so as to attain the optimum output of the employees. All around the world we can find
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CHAPTER 3 The Competitive Environment Learning Objectives Upon completing this chapter‚ you should be able to: Identify the structural characteristics of the environment faced by the firm and how these drivers influence both competition and value creation Choose the appropriate level of specificity in environmental analysis‚ depending on the locus of the decision-making group Predict how changes occurring in the environment might influence future competition and value creation Incorporate understanding
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[pic] |UNIT |Unit 4 – Business Environment |Course |HNC-Business | |Author |VERIFIER |Mr. | |HAND OUT DATE | |SUBMISSION DATE | | |STUDENT | |TERM
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Business environment encompasses all those factors that affect a company’s operations‚ and includes customers‚ competitors‚ stakeholders‚ suppliers‚ industry trends‚ regulations‚ other government activities‚ social and economic factors and technological developments. Social or Societary environment of business means all factors which affects business socially . Every business works in a society ‚ so societies ’ different factors like family ‚ educational institutions and religion affects business
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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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