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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Advocating for more Social Workers in the Oklahoma City School District Advocating for more Social Workers in the Oklahoma City School District School social work has been dated as far back as the 1900s when its services was implemented into schools in the northeastern parts of the US‚ such as New York. During this time the need for school social workers was evident due to the Great Depression and the increase in federal legislation concerning school laws (Dupper
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Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
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Brief History The Microfinance Council of the Philippines‚ Inc. (MCPI) is a network of 41 institutions working towards the rapid development of the microfinance industry in the Philippines. The 41 institutions include 34 practitioners and 7 service providers. While membership among the practitioners is currently dominated by non-government organizations (NGOs)‚ the roster of practitioners also includes microfinance-oriented rural banks‚ one thrift bank‚ and one credit cooperative. In 1996
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Airlines. Airasia is a leading airline company in providing low cost airline services while Malaysia Airlines is more towards providing high quality airline services. In the past time‚ the demand of Malaysia Airlines is higher because Malaysia Airlines had allocate a better quality airline. Malaysia Airlines provide food‚ comfortable seats‚ on time schedule and better service. Malaysia Airlines provides high quality airline services for the consumers who prefer to have a comfortable situation. Malaysia
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1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event‚ what will happen to the price level? Use a diagram to assist in answering this question. 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National
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Classical and Keynesian Economic Theories Economics can be defined as a social science concerned primarily with description and analysis of the production‚ distribution‚ and consumption of goods and services. There are two main schools of thought when it comes to economics: Classical and Keynesian economics. Each theory takes a different approach to the economic study‚ but neither approach is flawless. First‚ looking at the Classical economics theory‚ it is based largely on the thought that free
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Macro-environment Demography Research shows‚ that Costco’s way of doing research is a unique way‚ indeed it uses its membership concept to gather statistics on its customers that in turn did not involve extensive research. They are put into groups business owners and licensed professionals‚ depending on the job role‚ for instance‚ business owners and licensed professionals which are in one group and this allows them to minimize the risk involved with accepting cheques and makes it possible to
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INTRODUCTION: The micro Environment The micro environment 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 and publics. The business can take control over all challenges and influences in the micro environment. BODY: 1.1.1)Vision The vision of the business is what the business aims to achieve. It sets out where a business needs to go to be
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Christopher Martin ‘Micro-finance programmes are aimed at reducing poverty. What ethical challenges are raised by the operation of micro-finance and which ethical theory can best be applied to assess how Grameen Bank addresses these challenges?’ Introduction: The essay seeks to examine the ethical issues raised by the operation of microfinance. In the first section‚ an overview will be offered. In the second
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