Although there are other branches of economic study‚ micro and macroeconomics are the most well-known. Over the years‚ both have become an increasingly common part of high school and college-level curriculums. Despite their popularity‚ however‚ the principles of these disciplines are frequently misunderstood or confused. While they share some of the same concepts and are interrelated in important ways‚ there is a fundamental difference between micro and macroeconomics. The simplest way to distinguish
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Human lifestyle are responsible of many effects on environment: global warming‚ climate change‚ depletion of Ozone layer‚ deforestation‚ pollution‚ extinction of species… With depleting resources of nature‚ certain ways to save the environment have to be formulated. But who can do something to save the planet: people or governments? This essay will discuss this issue. Firstly‚ during years‚ people doesn’t pay attention to the environment in spite of scientists warning of a global warming
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Introduction Business environment is an element that will affect all the activities of an organization. Besides‚ it will bring firms both opportunities and threats because of its uncertainties. Business environment is uncertain‚ complex & dynamics; organization should apply more flexibility & discontinuity ways to manage them. A firm cannot control the environment because it is unpredictable in its direction and speed of change‚ such as interest rates‚ rate of inflation and exchange rate. Business
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Department of Environment and Natural Resources (DENR)‚ ‘the Philippines is one of the few countries in the world that is both a mega-diversity country and a biodiversity hotspot. It has fragile tropical ecosystems and is an outstanding biodiversity hotspot. The DENR has described the Philippines as the ‘hottest of hotspots’ in the world in terms of threats to its ‘mega diverse’ biodiversity. It highlighted the ‘urgent need to properly manage natural resources and protect the environment’. In a once
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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The Macro-environment The macro-environment includes concepts such as demography‚ economy‚ natural forces‚ technology‚ politics‚ and culture. Demography refers to studying human populations in terms of size‚ density‚ location‚ age‚ gender‚ race‚ and occupation. This helps to divide the population into market segments which can be beneficial to a marketer in deciding how to tailor their marketing plan to attract that demographic. The economic environment refers to the purchasing power of
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The Marketing Environment Environmental Variables There are two categories of variables in the marketing environment that shall shape all aspects of a company’s strategic plans: 1. Macro environmental category includes: demographic; economic; social-cultural; competitive; political-legal; and technology variables. 2. Microenvironmental category includes: the company itself; customer served by the company; suppliers; distributors; market intermediaries that assist in making and marketing
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Macro environment is the external and uncontrollable factors that influence a company’s or product’s development. Billabong must know the value of each of the macro environment factors; such as‚ economic‚ demographics ‚ and lifestyle‚ technology and natural forces. Before companies‚ or in our case Billabong‚ produce a new products‚ they should study each macro environment force carefully. Each force have its effects on the market. Economic forces affect the consumer buying power and spending
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CONCERN FOR THE ENVIRONMENT Environment refers to everything that surrounds and influences an organism. Our environment is getting worse day by day‚ and we are suffering for other people and our mistakes. We might not be able to see all of the bad things in our environment‚ but they are for sure there. This could affect our families and our future one day. There are some problems affecting the environmental stability‚ namely- ozone depletion‚ enhanced greenhouse effect‚ global warming‚ and climate
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population and economic growth. Though it did change the world for better in many ways‚ the Industrial Revolution embarked a major turning point in the relationship between humans and their environment. In my paper I will discuss how the rapid changes of mining‚ factories‚ and urbanization negatively impacted the environment. “Carbon-based fuel use began in the late eighteenth century. The Industrial Revolution was ushered in by the use of coal.” (Shepard‚ 2008) Coal was used as a fuel source for heating
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