BUSINESS ENVIRONMENT | |After discussing the meaning of business environment‚ now we will discuss the various components of business environment. The various components of business environment are- [pic]External environment consists of those factors that affect a business enterprise from outside. External environment includes shareholders‚ competitors‚ customers‚ society‚ government laws and regulations‚ policies and technology. External environment is generally classified into micro environment and
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Minnesota Motors Report When taking in consideration the future selling strategy of Minnesota Motors we decided to choose between the two aspects we considered to be the more important ones: Price or Quality. In a general way we observed that the segments that preferred quality over price (less price-sensitive) were segment A‚ B and C and the ones that preferred price over quality (very price-sensitive) were segment D and small-Volume customers. We decided to go for a business perspective focused
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Planning: My initial thought was to just have some fun with the 30 minutes get the learners warmed with an easy enjoyable lesson to get them working together as a team. I would use this type of lesson if at the start of meeting a new group of learners just to ease the tension and get them working together. I believe my lesson plan met the needs of all the learners. Individually my plan allowed for anyone with visual impairment and physical difficulties such as back or muscle problems. With clear
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“In a perfectly competitive market‚ there are enough sellers and buyers of a good so that no single seller or buyer can affect its price. Price is determined by the market forces of supply and demand. Individual firms take the market price as given in deciding how much to produce and sell‚ and consumers take it as a given in deciding how much to buy” (Microeconomics‚ 3rd edition‚ 1995). One of the market structures is monopoly. “Monopoly is the sole producer of a product; a monopolist is in unique
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Microfridge Q. 1 What value does the product create and for whom ? Ans. Value created by product are (i) Three functionalities in one i.e Microwave ‚ refrigerator and freezer for limited user at a low and affordable cost (ii) Safety from fire(against use of hot plates). oMicrowave can allow save cooking (iii) Freedom. Microfridge can be used to heatup your food. Refrigerator and freezer can be used to preserver food /fruits for long time and drinks at a servable temperature
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Assignment/Tutorial/Practical Report Cover Sheet Student’s Name : MUHAMAD LUKMAN BIN ISMAIL MOHAMMAD MUZAKKIR BIN MOHD JANNY MOHAMAD KHAIRUL NIZAM BIN MD NOOR NORANIZA BINTI ISHAK SYED JAFFAR BIN SYED MAHDZAR MOHAMAD SAFUAN BIN JOHARI Matric No. : 37209 34942 36967 39897
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BHS002-1 Microbiology Practical Manipulation of bacteria – Part 1 Week 45 Since the early days of microbiology in the 19th century‚ culture on agar plates has been a central technique for the study of bacteria. This practical is designed to introduce students to the basic techniques required to manipulate bacteria. Students will gain experience with the streak plate procedure‚ used to isolate pure colonies of bacteria‚ and viable plate count methods. The latter involves serial dilution and spread
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(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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MARKET ENVIRONMENT ________________________________________ • Before we start with marketing environment it is important to know what a market is and how can marketing be defined as. MARKET • A market is any structure that allows buyers and sellers to exchange any type of goods‚ services and information. • The market facilitates trade and enables the distribution and allocation of resources in a society. • Markets allow any tradable item to be evaluated and priced. A market emerges more
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Micro Fridge Case Study Prepared by Lamia Azab 27.11.2014 1 Index:Micro-Fridge Industry:Market Overview: Industry & Product Situation Analysis: SWOT Analysis TOWS Matrix 4Cs of Marketing Strategy : Company Customers Competition Collaborators 4Ps of Marketing Strategy : Product Price Place Promotion Marketing Plan: Vision and Mission Marketing Calendar Sales Plan: Budget & Sales plan Overall evaluation Recommendations 2 About the product/industry: Industry: The Micro-Fridge
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