QUESTION 1: An important macro-environmental force on companies is the social/cultural environment‚ particularly in international markets. Imagine that you are to offer a seminar on the social/cultural environment of Vietnam to foreign businessmen and marketers. Discuss at least three elements of the cultural environment that foreign businessmen should be aware of when doing business in Vietnam. Use specific examples referring to real-life businesses‚ brands‚ marketing activities‚ etc. to support
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Outcome 2.1 Show macro and micro environmental factors which Influence marketing decisions -Gatorade is not PepsiCo official product in Vietnam but it isn’t produced in Vietnam ‚ it was imported from foreign country so the price of the product is higher and isn’t really suitable for Vietnam average income. There are two main environment elements which affect the price of the Gatorade: Micro environment -Competitors: There are many other products to choose in the soft drink market include
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Global factors affecting business The way of running the business differs from country to country. The marketing‚ sales and technical skills are required to increase the productivity of business. Business in general is enhanced when people from different cultures find new approaches to old problems‚ creating solutions by combining cultural perspectives and learning to see issues from the viewpoint of others. Business Environment consists of factors influential to the business operations. These
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performance is product of socio-economic‚ psychological and environmental factors. For the last 20 years‚ education in Pakistan is growing as a profitable industry with prime objective of maximizing profit by delivering high quality education that produces well-educated‚ skilled‚ mannered students according to needs and requirements of the dynamically growing market. That’s why the scope of research is always there to find out what are the factors that affect the performance of the students. There
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The market environment is a marketing term and refers to all of the forces outside of marketing that affect marketing management’s ability to build and maintain successful relationships with target customers. The market environment consists of both the macroenvironment and the microenvironment. Microenvironment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company itself‚ its suppliers‚ marketing intermediaries‚ customer markets
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Factors affecting Pricing Strategies Introduction Pricing can be defined as the assignment of value or the cumulative amount of value that a customer must exchange in order to receive a particular product or service (Gerth‚ n.d.). For marketers‚ pricing can be viewed as a single strategic tool that can translate a potential business entity into reality (Abratt & Pitt‚ 1985). On the same notion‚ Avlonitis & Indounas (2005) noted that pricing is the only element of the marketing mix that
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Factors Affecting Organizational Design Although many things can affect the choice of an appropriate structure for an organization‚ the following five factors are the most common: size‚ life cycle‚ strategy‚ environment‚ and technology. Organizational size The larger an organization becomes‚ the more complicated its structure. When an organization is small — such as a single retail store‚ a two-person consulting firm‚ or a restaurant — its structure can be simple. In reality‚ if the organization
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THE FACTORS THAT AFFECT STUDENTS ACADEMIC PERFORMANCE A TERM PAPER PRESENTED TO MRS. R. VILLAHERMOSA STA. TERESA COLLEGE BAUAN BATANGAS IN PARTIAL FULLFILLMENT OF REQUIREMENTS FOR THE SUBJECT ENGLISH IV MARCH 2013 PENALOSA‚ GRACE MARIE D. MANALO ANTHONY CHRISTIAN ARETA ALLYZZA JOIE ACKNOWLEDGEMENTS: This term paper would not be accomplished without the generous contributions of any individuals and organization. We are very much grateful
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ABSTRACT The study was concerned with the factors affecting the performance of secretaries in organizations and a case study of private and government aided primary and secondary schools in Masindi Town Council. Secretaries are sole sources of organizational success however they are seen not to perform as expected. The objectives of the study were To examine whether wages and salaries affect the performance‚ to find out the effects of education and training on the performance and to determine
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1. Introduction The objective of this assignment is to develop an environment analysis research designed to identify preferred location‚ potential target markets‚ competitors’ analysis‚ and its feasibility and success of “Beautiful Stranger” fast food restaurant. 2. Business Characteristics and Operations Eating out is a wonderful experience‚ something one can enjoy with family and friends. However‚ eating healthily at restaurants on a regular basis may pose a few challenges. Being unfamiliar
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