Introduction This paper shall involve and include a discussion and analysis of the macro environment of business using the extended PESTLE tool and an analysis of the micro environment in which the business operates by use of the Porters Five Forces Model as a tool. From the analysis of the micro environment of the business‚ one trend and one crisis will be identified and there will include a short strategy in which the business can address each of these issues. In this case‚ the situation surrounding
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direction to all efforts. It is done by strategy formulation and implementation. Strategy formulation is based on external and internal analysis of organization. These analysis is done by SWOT‚ porter five forces‚ value chain‚ McKinsley Framework and Pestle analysis. These are renowned managerial tools
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Naylor Student ID: 62812 Group: A Date Submitted: 10th December 2013 In this report I will be analysing how Political‚ Legal and Social factors have impacted on my two selected organisations‚ Marks and Spencer plc (M & S) and Oxfam International. Political factors From October 1st 2013 the National Minimum Wage (NMW) rose in accordance with the recommendations set out by the independent Low Pay Commission (LPC) in April 2013 From 1 October 2013: the adult rate increased by
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This essay will show that “Public Relations is little more than the ‘promotion’ element of Marketing the Marketing Mix”. Highlighting the different strategies‚ objectives‚ tactics and tools used in Public Relations‚ in helping organisations. There are several definitions depending on the persons understanding of PR some example are “little more than image building” or “reputation management […] where by PR mops up the mess left by the unscrupulous business practises” (Robert L. Heath‚ 2005). Although
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Type of business‚ purpose and ownership (P1) To run a business smoothly or effectively all business have aims or purpose‚ this could be survivor‚ to grow‚ to become a market leader. A business also aims to provide exception service or to create a reputation as the best on market. Types of business To understand how business works and what they set out to achieve‚ it’s necessary to have an understanding of the main types of business sectors which exists within a business organisation. There are
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profits that Tesco would make. The people who donate to the charity Oxfam are major stakeholders as Oxfam would not be able to be a succesful charity without the donations as they are the key to the money that is raised. Donators are major stakeholders as they’re also the largest investors to charities like Oxfam and influence it greatly. Without this support network; work would be limited‚ goods would not be sold from Oxfam shops and business would be lost. Employees are stakeholders within
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Exploring Business Activity – Induction Assignment Oxfam is a non profit organisation and was first set up in England‚ 1942. It was created by a small group of Quakers‚ followers of Christ‚ and their main target at the time was to reduce the frequency of famine and to aid those in need. Although Oxfam set out originally to reduce famine they now strive on opening up world markets and providing fair trade to third world countries. To date‚ Oxfam is currently the leading international non-governmental
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E-BUSINESS - BEB3014 TUTORIAL 6 Read the case study and answer all questions. For more than 60 years‚ Oxfam has worked through and with its donors‚ staff‚ project partners and project participants to overcome poverty and injustice around the world. Early in World War II‚ Greece was occupied by German Nazis. Allied forces created a naval blockade around Greece to prevent further German expansion; however‚ the blockade created severe shortages of food and medicine among Greek civilian communities
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that marketing techniques described in P1 are used for the product or service chosen in Tesco and Oxfam. Firstly I will start by discussing the differences between Tesco & Oxfam. Tesco is a supermarket‚ so their marketing techniques will be completely different to Oxfam as they will have to take an approach that requires customers to continue to spend more money within the same time period‚ whereas Oxfam customers will have to sponsor a small amount. In order to get customers to keep on coming back
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organisations. I will clearly identify their main purpose and type of ownership. My two chosen organisations are Oxfam and McDonalds. These are two organisations are good examples because they are different in their purpose‚ type of ownership‚ size and scale. OXFAM Description of Oxfam organisation Oxfam was founded in 1942 in Britain as the Oxford Committee for Famine Relief. Oxfam is an international confederation of 15 organizations working together in 98 countries with partners and allies
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