the elements of their environments. Business environment means the factors that affect the operations of a business‚ like political and legal factor‚ economic factor‚ socio-cultural factor‚ technological factor‚ physical factor and competitors. These environmental factors offer both opportunities and threats to a company. Opportunities are the factors that help the company to achieve its objectives and the threats are the factor that hinders the company from achieving its objectives. Before
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Legal Brief Facts summary Mr. Potbelly holds a garage sale at his home. Mr. Slim Jim stops by the sale and upon noticing a rare piece of art pottery offers a price of $100 for the art that is marked $250. Mr. Potbelly accepts Mr. Slim Jim’s offer. Mr. Potbelly informs Mr. Slim Jim he is selling his home because he is moving up north because he has lost his job. Mr. Slim Jim asks how much he is selling it for and Mr. Potbelly informs him he is thinking $75‚000. Mr. Slim Jim offers him $70‚000
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The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallout’s of government politics locally and internationally. Let’s first define Political environment‚ there are several factors that creates an Inter-linkages
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clear that corruption and bribery go hand in hand and cover a big sphere of social activity‚ which can be disrupted to an extent that makes people’s lives miserable and retards the growth of a country. Types of Corruption: a) Petty‚ b) Grand c) Political d) Financial • Incidence of corruption: a) Rare b) widespread‚ c) systemic * Corruption in Pakistan: After the great leadership of Quaid-e-Azam Pakistan Muhammad Ali Jinnah corruption was just a problem and it remained problem up to the government
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Reconciling Marketing with Political Science: Theories of Political Marketing. Journal of Marketing Management‚ 1997‚ Vol 13‚ pp.651-663 Dominic Wring This paper has two broad aims: to trace the theoretical development of political marketing and then demonstrate how these concepts can be used in the analysis of election campaigns. Electioneering is not the sole manifestation of marketing in politics but it is the most obvious‚ a point underlined by recent work addressing the prominent role
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POLITICAL CULTURE‚ PEOPLE AND POLITICS INTRODUCTION: To understand contemporary forms of government and their politics‚ it is imperative to be familiar with the organizations and functions of political institutions. It is also important to be aware of the physical and cultural dimensions within which politics operates. These external dimensions provide the environment of politics and help to shape attitudes and values
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In international business‚ knowledge about political environments is very important. Why? Please provide examples. The Political environment is often a direct consequence of the political parties in power‚ which represents the popular opinion of the citizens of the region. If the citizens are‚ for example‚ pro-Big Business then probably taxation will be modest and there will not be a lot of stringent rules about environmental considerations.If the citizens are very concerned about safety issues
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Abstract This paper will evaluate the advantages or disadvantages of each business type with the business issues facing. It will discuss the management decision to make concerning which legal form of business that will facilitate my firm to succeed. Key words: Management decision‚ advantages‚ disadvantages‚ legal form of business. My business Type Decision for a Successful Company My invention of a new home appliance was a great idea. In fact‚ it is easier and safer to use than the old appliance
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Steven Adriel R. Dizon SS111-BA2T Prof. Violeta E. Sioson POLITICAL CONFLICTS Introduction: Political conflict is the clash between groups of people for the control of power‚ authority‚ prestige‚ and resources. In many societies‚ only the state is legally empowered to use force to resolve many political conflicts like feuds‚ banditry‚ raids‚ ethnic conflicts and revolution. At the southern end of the Philippine archipelago‚ close to Indonesia and Malaysia‚ lies Mindanao—a large island
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Political Dynasty in the Philippines Political dynasty is very prevalent in our country for a long time now. The 1987 Philippine Constitution‚ Article II‚ Section 26 states “The State shall guarantee equal access to opportunities for public service and prohibit political dynasties as may be defined by law”. The provision provides for the prohibition of political dynasty but it did not give a clear definition of what political dynasty is‚ instead it left this task to the Congress. Many arguments
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