(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
Premium Business Business ethics Economics
Economic Commentary About: Demand‚ Supply and Price Control Source of the article: Internet (business-standard.com) Name: Sang Hyun Jeon Section and Grade: 11 C Mentha oil rises on industrial demand Press Trust of India / New Delhi November 04‚ 2011‚ 12:04 IST Mentha oil prices rose by Rs 9.40 to Rs 1‚354.90 per kg in futures trade today‚ as traders enlarged their holdings tracking a rise in the industrial demand in spot markets. Restricted supply from the growing belts of Chandausi‚
Premium Supply and demand
MGT 405 1. (10 pts) Because a government subsidy increases the number of mutually beneficial trades‚ it increases social welfare. Uncertain. A Subsidy is like an inverse tax. Consumers and producers benefit. The demand curve shifts down shifting the equilibrium‚ lower price for consumers and greater quantity sold for producers. Consumer surplus rises and producer surplus rises (area under the new price they receive). However the welfare is the sum of the new consumer surplus and the producer
Premium Supply and demand
1. Plot the demand function Qd = 60 – 4P. 2. Plot the demand function Qs = 100 + 2P. 3. The annual demand and supply for coffee are given by Qd = 10‚000 – 50P Qs = 20P Where price is in dollars per 50-kilogram bag and quantity is in thousands of 50-kilogram bags. Calculate the equilibrium price and quantity in this market. 4. Assume a competitive market where demand is given by Qd = 980 – 90P while supply is given by Qs = 200 + 40P. It can be determined that the equilibrium price in this
Premium Supply and demand
Unit 4 Ecosystems Background Introduction The abundance of a species and species diversity affect how natural resources are processed within an ecosystem. This pattern of processing contributes to functional and compositional characteristics of an ecosystem. But many ecosystems around the world are currently experiencing significant changes in species composition‚ abundance‚ and diversity due to the influence of human activity. These changes have‚ more often than not‚ led to a reduction in species
Premium Food chain Forest Tropical rainforest
INTRODUCTION TO BUSINESS ENVIRONMENT Chapter Outline : • Introduction • Meaning of Business • Business Objectives • What is Business Environment ? • Nature of Business Environment • Components of Business Environment • Determinant of Business Environment • Review Questions • References Introduction : Business environment is becoming highly complex‚ unstable and unpredictable in the globalised economy of today. The environment is the result of changing
Free Economics Macroeconomics
The purpose of this essay is to analyse and evaluate the risk and causative factors relating to falls associated with the elderly in their home environment. The question presents a case study of Mavis Bazmati and outlines various aspects of her health and home situation. As a community nurse Mavis’ home will be assessed for potential hazards and provide strategies to prevent further falls. There are different community resources that are available to help Mavis and other members of the multi-disciplinary
Premium Health care Old age Health care provider
the macro environment‚ can be identified and examined. These There are a number of common approaches how the external factors‚ which are mentioned in the factors indirectly affect the organization but cannot be controlled by it. One approach could be the PEST analysis. PEST stands for political‚ economic‚ social and technological. Two more factors‚ the environmental and legal factor‚ are defined within the PESTEL analysis (or PESTLE analysis). The segmentation of the macro environment according
Premium PEST analysis SWOT analysis Law
Figure (2-3): Schematic Diagram of a Micro-Turbine Advantages: •Micro turbine unit costs around $1500 to $2500 per installed kW. That could lead to niche applications in areas with high-energy costs for power quality‚ peak shaving or replacement energy. They can run on a variety of fuels‚ including natural gas‚ propane‚ and fuel oil. • The other advantages over other types of DG technologies are a small number of moving parts‚ compact size‚ lightweight‚ good efficiencies in co-generation‚ low
Premium Fossil fuel Coal Natural gas
For Profits: The Unethical Side of Micro-Lending The original principle of micro lending is to provide start-up or expansion business loans to people living in less advantaged or impoverished countries who are unable to apply for traditional loans due to lack of credit history and/or collateral. Micro-financing is a great tool to create venture capital for those who would have no other means to secure it. The primary goal of micro lending‚ as established by Muhammad Yunus‚ the godfather of microcredit
Premium Microfinance Muhammad Yunus Grameen Bank