Micro-environmental factors such as customers are essential in determining the success of marketing especially when the needs of the clients are satisfied. Similarly‚ the contribution of employees to the company is fundamental in production of high quality products which are highly marketable (Apple‚ Inc. 2008). The media is an equally crucial factor of the micro-environment because any information which originates from the media either positive or negative can adversely affect the sales of the
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THE MACRO-ECONOMIC IMPLICATIONS OF MICRO-ECONOMIC MARKET FAILURES IN TELECOMMUNICATIONS – THE CASE OF SA. Nicola Theron ECONEX www.econex.co.za Department of Economics University of Stellenbosch nmb@sun.ac.za 1. INTRODUCTION This paper will examine the micro-economic market failures and the rationale for regulation in the South African telecommunications sector. The role of telecommunications in economic growth will be emphasized by analysing the effect that the micro-economic market failures
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Green Building Council to create a prototype for a LEED (Leadership in Energy and Environmental Design) Silver certified store that can be duplicated across its portfolio. A standardized design would allow Starbucks to utilize green building principles for many stores in a more cost-effective manner. It does‚ however‚ limit use of location-specific green building practices that might be ideal in one climate or setting but not in another. Macro-Environment Analysis An enterprise successful outcome does
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Sociological theories can be divided into two categories‚ macro-sociological and micro-sociological theories‚ otherwise known as structural and action theories‚ respectively. As sociological theories‚ they both aim to explain the society we live in‚ but differ in where they choose to focus their explanation‚ with macro-sociological theories observing society as shaping the individuals that live in it‚ and micro-sociological theories observing individuals as shaping the society they live in. Structural
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If you were having a conversation with a Keynesian and a Classical economist‚ and the conversation turned to why the economy is experiencing high unemployment and what the government should do about it‚ how would each economist explain unemployment and what policies would each advocate? If I were having a conversation about why the economy is experiencing high unemployment and what the government should do about it‚ with a Keynesian and a Classical economist I think that the economists would explain
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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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Problem Set 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following topics is NOT a primary concern of macroeconomists? A) relative wages of skilled and unskilled workers B) unemployment C) differences in standards of living across countries D) fluctuations in the level of economic activity 1) 2) Primarily‚ macroeconomists use microeconomic principles to study A) business cycles and trends in the stock market
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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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I believe the three videos show good examples of the macro level approach. They provide help to the community and at the same time‚ they help individuals to feel better. In the video Women of Hull House‚ I think it started more as a micro. They were helping the people that were living in the house; however‚ it became macro after they kept adding more services and programs that were beneficial for an entire community. “They provided community services‚ supported unions‚ and undertook vigorous crusades
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As detailed in the article “Wilderness leadership on the job”‚ just as leadership may be absent where it is expected‚ leadership often appears in unexpected places. The authors strongly suggest that there can be no leaders without followers‚ how a leader performs is contingent on their situation and placement rather than just their style. Followership and Transactional leadership occurs in numerous forms‚ the inside and outside organizations. Both Followership and Transactional leaders use their
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