1. Macro environment External environment is the uncontrollable factors‚ forces‚ situations‚ and events outside the organization that affect its performance and strategies. As shown in below figure‚ the examples of macro environment of an organisation is include factors such as social cultural‚ political and legal‚ globalisation‚ economy‚ demographical and also technology. Detailed definition of macro environment factors mentioned and the description showed as below. Figure 1: Component of
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Introduction to Macro economics – Key concepts- Growth‚ Inflation and unemployment‚ objectives and instruments/policies Circular Flow of economic activity. DR. TULSI JAYAKUMAR 2 An Intro to Macro What is Macroeconomics Two central themes of macroA) The short-term fluctuations in output‚ employment‚ financial conditions and prices that we call the Business Cycle. B) The longer term trends in output and living standards known as economic growth DR. TULSI JAYAKUMAR 3 An Intro to Macro- The story
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Introduction 3 2. External macro-environment 3 2.1 Social and cultural forces 3 2.1.1 Changing gender roles 3 2.1.2 Attitude towards health‚ nutrition and well-being 3 2.1.3 Cultural beliefs in a country 4 2.2 Technology 4 2.2.1 Advantages of technology 4 2.2.2 Disadvantages of technology 5 2.3 Demography 5 3. Conclusion 6 4. References Lists 7 1. Introduction This report is discussing about how three major forces of macro environment affecting an organisation’s
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Micro economics is a branch of economics which studies individual firms and consumers. The basis of micro economics is supply and demand; how does the market react to changes in supply and demand and inevitably how does it affect price. Microeconomic decisions by both firms and individuals are motivated by cost and benefit considerations. Costs can be either be in terms of financial costs such as average fixed costs and total variable costs or they can be in terms of opportunity costs‚ which consider
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Macro-environment analysis of The Coffee Company for the Chai Latte powder product The Coffee Company is 100% privately owned and operated company. It has been in operation since 1998 and has over 10 years experience in the coffee manufacturing market. The Coffee Company provides fresh roasted coffee to over 1000 food service customers across Australia and its retail products are available in leading Australian retailers. The Coffee Company plant is based in Moorabbin and uses market leading
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Cornell University ILR School DigitalCommons@ILR Articles and Chapters ILR Collection 10-1-2008 Economic Development Strategies and Macro- and Micro-level Human Resource Policies: The Case of India’s “Outsourcing” Industry Sarosh Kuruvilla Cornell University‚ sck4@cornell.edu Aruna Ranganathan Massachusetts Institute of Technology Follow this and additional works at: http://digitalcommons.ilr.cornell.edu/articles Part of the Human Resources Management Commons This Article is brought
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banking and related services.” Microfinance is not just about giving micro credit to the poor rather it is an economic development tool whose objective is to assist poor to work their way out of poverty. It covers a wide range of services like credit‚ savings‚ insurance‚ remittance and also non-financial services like training‚ counseling etc. FEATURES: * Borrowers are from the low income group * Loans are of small amount – micro loans * Short duration loans * Loans are offered without collaterals
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Why Micro social work practice is important for our clients’ and our communities and organizations? Micro social work is the most common practice‚ and happens directly with an individual client or family. Regardless of which level a social worker pursues‚ a Masters in Social Work degree will strengthen their knowledge of their practice and broaden their career possibilities. How does this focus in social work interested you? Micro social work is significant for the reasons that I want to work
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Executive Summary Nestle is the world’s largest food manufacturers that enjoys a good reputation in the world due to the high-quality of their products. One of its famous products is Nescafe‚ which has over 70 year’s history and is one of the world’s leading coffee brands. Currently‚ the potential competitors of Nestle are Maxwell‚ KreisKaffee (direct brand competitors).The key strengths of Nestle are excellent quality‚ well-known brand with loyal consumers‚ the capability of scientific research
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Context: I. Brief Description of Industry: Nestlé is a multinational company based in Switzerland. Nestlé operates in food industry. In 1905‚ Nestlé was formed as a result of a merger between a Swiss and English company which was established in 1866. Initially‚ Nestlé started to offer condensed milk formula and milk related products to customers (Nestlé‚ 2013). Later on‚ it expanded its offerings to other food related items. Gradually‚ Nestlé grew and made significant success stories. In the
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