processes and performances ” with reference to a business organization of your choice and using macro environments factors only‚ comment on the validity of this statement.(25) INTRODUCTION Lancaster (2011) defines the macro environment as ’those global elements over which the organization has no control over but which affect the organization’s ability to serve its customers profitably.’ There are six major macro environment forces: cultural‚ demographic‚ economic‚ natural‚ political‚ and technological
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generation and comprehend the exchanging condition and client conduct. Macro environmental factors These elements are not firmly identified with the association but rather it has dependable and devastative effect on the association. Full scale ecological components focus the dangers and chances of the association. Full scale natural components are social‚ demographic‚ political‚ monetary‚ innovative and normal. Demographic Factors: It incorporates clients’ occupation‚ age‚ sex‚ thickness‚ area thus
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MACRO AND MICRO FACTORS AFFECTING THE STEEL INDUSTRY (TATA STEEL) The world GDP‚ as reported by International Monetary Fund‚ was on an upturn‚ growing by 5% in 2010 as compared to a negative growth of 0.5% in 2009. While the growth in the advanced economies was 3.0% in 2010‚in contrast to -3.4% in 2009‚ the emerging and developing economies grew by 7.3% in 2010 when compared to the growth of 2.7% in 2009. The growth in the developing and emerging economies slowed down during the end of 2010
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Macro-Environmental Factors Vietnam is a peninsula‚ which located in the Southeast Asia monsoon zone. Its long narrow territory stretches 1700km from north to south and in the center a mere 50km from east to west‚ the territory looks like a dragon stand at east of the Indo-Chinese peninsula. The coastline‚ which extends for 3260km‚ has fine beaches and archipelagos. It not only has beautiful landscape attracts countless tourists and also can get rich seafood‚ provided favorable conditions for raw
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TOPIC : Food Processing Industry of India B. Introduction Food processing is the conversion of raw ingredients into food items or in other forms of consumables by using different industrial processes and tools in order to produce marketable‚ consumable and long shelf life food products. Benefits of food processing are the removal of toxins‚ food preservation (longer shelf-life)‚ enabling of marketing and logistics tasks‚ and increasing of food consistency. The drawbacks in food processing
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Environmental factors affecting obesity 1. introduction 2. method equipment 3. budget 4. time frame Calorie Consumption In America‚ a changing environment has broadened food options and eating habits. Grocery stores stock their shelves with a greater selection of products. Pre-packaged foods‚ fast food restaurants‚ and soft drinks are also more accessible. While such foods are fast and convenient they also tend to be high in fat‚ sugar‚ and calories. Choosing many foods from these areas may
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Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment‚ the micro environment still has an important role to play. In summary‚ the macro environment is involved with the industries‚ companies‚ markets‚ clients and competitors‚ while the micro environment can be represented by the suppliers‚ competitors
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not apply in other countries such as China and Singapore where government control over businesses is high. b) Economic Fluctuations in interest rates‚ exchange rates and money value greatly affect activities and operations of General Electric. Factors such as deflation and inflation as well as government spending in different countries in which General Electric has ventured often influence business productivity and profitability. The economic impacts caused by the current economic crisis are being
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a business form strategic alliance with its customers‚ suppliers and others? 5a) Why is there a trend towards cross functional Integrated enterprise systems in business? 6. If personalizing a customer’s website experience is a key success factor‚ then electronic profiling processes to track visitor website behavior are necessary. Do you agree or disagree with this statement? 7.Trendz Inc. is a retail company which plans to have an online presence. Explain the process of Web store development
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THE FOOD AND BEVERAGE PROCESSING INDUSTRY Introduction The food and beverage processing industry‚ the largest manufacturing industry in Canada‚ is an important industry to the Canadian economy. In fact‚ Canada not only has a great deal of natural resources‚ including abundant water and most incomparable rich soil‚ but also possesses two accumulated advantages‚ involving long history and experience with food and beverage processing industry and reasonable infrastructures. Therefore‚
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