& Structure of Lesson Business Environment • • • • What does the business environment comprise? Use of PEST analysis Influences and drivers for change Glocalization Title of Slides Learning Outcomes At the end of this lesson‚ you should: Understand the nature of the business environment which includes ; • What does the business environment comprise? • Use of PEST analysis • Influences and drivers of change • Glocalization Title of Slides OPENING QUESTION WHERE
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environment‚ extending its shelf life. The whole manufacturing process deals with the following steps:- 1. Lab testing of pharmaceutical ingredients 2. Manufacturing of tablets (Granulation and Compression) 3. Coating of Tablets 4. Lab testing of tablets 5. Packaging and Sealing Lab Testing of Raw-Materials (pharmaceutical ingredients) The tests and assays described are the official methods upon which the standards of Pharmacopoeia are based. Alternative
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In The Economist’s “Sell Foam like Soap” publication‚ the beer industry and its symbiotic ties to advertising are highlighted and explained in a fashion that relates well to our economic study of the industry. The market structure of the beer industry has led to an effect of high seller concentration that leads our study to the importance of factors such as advertising and product differentiation. In “Sell Foam like Soap‚” the author highlights the issue of slumping sales and the major breweries’
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INDIAN PHARMACEUTICAL INDUSTRY: A VISION WITH ITS STRENGTH AND WEAKNESS Dr. A. SELVARAJ* ABSTRACT The future of Indian pharmaceutical sector looks extremely positive. Indian pharma companies are vying for the branded generic drug space to register their global presence. Several Indian pharmaceutical companies have acquired companies in the US and Europe and many others are raising funds to do so. The Indian Pharmaceutical industry
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The Tourism industry is one of the fastest growing industries in theworld. The World Travel and Tourism Council estimates that in 2004Travel and tourism is expected to generate* US$ 5‚490.4 billion of economic activity* 10.4% of total GDP* 214‚697‚000 jobs or 8.1% of total employment* 12.2% of total exports [1]My task is to conduct a PEST analysis for a company within the Tourismindustry. Within the tourism industry‚ I have to select one area of interestlike transportation‚ accommodation and transportation
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PEST ANALYSIS Political- Hong Kong is politically stable‚ there would rarely be any political factors that will interrupt and slow down the company’s growth. Hong Kong doesn’t have goods and services tax so this allows McDonalds to have lower expenses and they can maximize their profit. The international operations of Mcdonald’s are highly influenced by the individual state policies enforced by each government. Economic- The economic collapse has caused Hong Kong to enter the recession stage in
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Control Ordinance - 1982. The recent developments of this sector has enabled Bangladesh to export medicines to global markets including the European market. This sector is also providing 95 per cent of the total medicine requirement of the local market. Pharma leaders in the country are beefing up their business activities with the aim to expand export market. Recently a few new industries have also been established with hi-tech equipment and professionals which will enhance the strength of this sector
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of the pharmaceutical market creates a conflict between the competing interests of the patients and the pharmaceutical industry where the increasing market expansion and profitability of the industry is happening at the cost of patients’ ability to receive the most appropriate and effective treatment. The interests of the Pharmaceutical industry outcompeted the interests of patients and public health providers by the increased integration and resulting influence of the pharmaceutical industry in all
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Analysis of Manufacturing Industry * SWOT Analysis of the Power Industry * * * * Print this article 1. Strengths * The strengths of the pharmaceutical industry’s SWOT analysis document the internal industry components that are providing value‚ quality goods and services and overall excellence. The internal industry components can include physical resources‚ human capital or features the industry can control. For example‚ the pharmaceutical industry’s strengths could
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Pest Analysis Fast Food Retail Sector Introduction Political Factors McDonald’s food safety is of a very high-quality and is recognised as one of the best in the fast food retail sector. One of their main successes has been their training programme. They 1 train all of their staff before they begin work in one of their restaurants on all aspects of food quality‚ food safety and hygiene. This training‚ along with being made aware of the importance of cleanliness‚ continues throughout their
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