| HND 104 The Business Environment | HND Business Management Name: Lauren Turnbull Student No: 04008416 Tutor: Joanne Martin
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Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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EXTERNAL ANALYSIS I. Aggregate Market Factors Aggregate factors are important indicators of the attractiveness of a product category. A. Size The market size is defined through the market volume and the market potential. The market volume exhibits the totality of all realized sales volume of a special market. The volume is therefore dependent on the quantity of consumers and their ordinary demand
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FINANCIAL EMPOWERMENT OF MICRO AND SMALL ENTERPRI ABSTRACT Microfinance is the provision of savings accounts‚ loans‚ insurance‚ money transfers and other banking services to customers that lack access to traditional financial services‚ usually because of poverty. It is the provision of financial services to the low income households and micro and small enterprises. The general objective of this study was to investigate the impact of Microfinance on financial empowerment of Micro and Small Enterprises
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Lesson 1 BUSINESS AND ITS ENVIRONMENT NATURE OF BUSINESS Business may be understood as the organized efforts of enterprise to supply consumers with goods and services for a profit. Businesses vary in size‚ as measured by the number of employees or by sales volume. But‚ all businesses share the same purpose: to earn profits. The purpose of business goes beyond earning profit. There are: • It is an important institution in society. • Be it for the supply of goods and services • Creation of
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distinguish macrosociology from microsociology‚ which focuses on the social activities of individuals and small groups. The micro-macro distinction forms one of the central dualisms characterizing divergent sociological perspectives. Seemingly polar opposites such as conflict-consensus‚ stability-change‚ structure-agency‚ subjectiveobjective‚ and materialist-idealist‚ as well as micro-macro‚ provide a shorthand method for denoting differences in central assumptions‚ subjects‚ and models. As with many other
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’ CHAPTER V PARTNER-FIRM SELECTION PROCEDURE 5.1 INTRODUCTION The selection of a more amicable symbiotic partner-firm requlres accentuated care for two important factors. Primarily‚ the partner-firm ’influences the resources and skills" which will be available for the joint util~zation by the participating firms. Secondarily‚ the selected partner-firm should o ‚~ not exh~bit p p o r t ~ n i s mas well as the tendency to exploit the power Imbalance that may arise in Symbiotic agreements
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market Contents expected in Case Study as per Prof. Majumdar • Your chosen Brand’s Identity‚ Personality and Symbolism • Strategic decisions taken to build the same brand • Consumer insights & perceptions used to create its values • Factors that shaped the brand during its life cycle • Role of advertising in this brand building process • How did this brand positioned itself in its competitive market? • The future steps to consolidate the same brand References: http://business
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the big five factors? The big five factors are supposed to represent the beginning structure when it comes to all personality traits. The big five factors are mostly related with cooperating with other individuals amongst the workplace and about appreciating the workplace environment. The big five factors are: 1) Emotional stability‚ 2) Extraversion‚ 3) Openness‚ 4) Agreeableness‚ and 5) Conscientiousness. And of these five factors extraversion and conscientiousness are the two factors that determines
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Manufacturing process is what you do on a machine. For example : drilling‚ milling‚ grinding are manufacturing processes. The production system includes the manufacturing system plus all the other functional areas of the plant for information‚ design‚ analysis‚ and control.These subsystems are connected by various means to each other to produce either goods or services or both. Production systems include : People‚ Money‚ Equipment‚ Materials‚ Supplies‚ Markets‚ Management‚ Manufacturing System‚ All aspects
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