MACRO-ENVIRONMENT POLITICAL-LEGAL FACTOR IMPLICATION EFFECT ON PRODUCT Sin tax bill signed into law More Filipinos will liberate from the vices of smoking and drinking and will help them start a healthy lifestyle. Possible increase in sales revenue. Universally Accessible Cheaper and Quality Medicines Act of 2008 Protect public health and ensure access to affordable quality drugs and medicines for all. Decrease in sales because there may be a shift. From sports drink to medicines
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Table IV - Cultural analysis- China 10. 5. Table V - 2012 SuperGroup Plc Financial Highlights 11. 6. Table VI – Supply and Demand curve 12. 13. 14. Summary 15. 16. 17. In this Business Environment report‚ my objective for SuperGroup plc is expanding the market to China by using the political‚ economic‚ social and technological (PEST analysis) to identify the external and internal opportunities for increasing the profitability of SuperGroup plc. 18. Besides‚ there must be has some challenges
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MKTG 1061 – GLOBAL MARKETING EGYPTIAN MARGIC CREAM MARKETING PLAN FOR EXPORTING TO THAILAND Executive Summary The purpose of this report is to present a marketing plan for Egyptian Magic Cream Limited Liability Company about the opportunities in Thailand for their product; the Egyptian Magic Cream (EMC). It is an all purpose skin care product that made by 100% natural ingredients. EMC Company is a successful U.S based company that manufactures and wholesales their product to organic retailers
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Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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Methodology of Political Science Objectives: At the end of my report my classmates should be able to: 1) Understand the current fields of study of Political Science in which most political scientists work. 2) Differentiate the Relationship of Political Science with other Disciplines‚ especially among those in the social sciences which is closely linked with one another. 3) Apply the different methods of Political Science used by political scientists for the study of institutions
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Department of Marketing Dhaka University Course Name: Business Environment Preface The objective of this course is to provide requisite knowledge for successful business manager. To develop the understanding of the cultural‚ demographic‚ social‚ economical‚ political‚ technological and legal environment within which the business operates. Provide knowledge on how to adapt with the changing environmental situation. It also discusses the issues related to the relationship between business
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the components of any organization’s macro environment and give an example for each component of a current major operational change or industry trend”. Macro Environment: The factors outside of the industry that influence the survival of the company; these factors are not directly controllable by the organisation. (Elliot‚ Rundle-Thiele‚ Walker‚ p.48) Components of the Marco Environment: There are six (6) major components of which the macro-environment is made up of; 1. Demographic 2. Economic
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Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
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MARKET ENVIRONMENT ________________________________________ • Before we start with marketing environment it is important to know what a market is and how can marketing be defined as. MARKET • A market is any structure that allows buyers and sellers to exchange any type of goods‚ services and information. • The market facilitates trade and enables the distribution and allocation of resources in a society. • Markets allow any tradable item to be evaluated and priced. A market emerges more
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Introduction Thailand has been renown as the "Land of Smiles". (EmbraceChiangMai‚ 2014) The country was known as SIAM until 1949 where the country name was changed to "Thailand". (HelloSiam‚ 2002) Thailand has been known as the land of freedom as the word "Thai" simply represent freedom as a result Thailand proudly declares that they were not colonised. This also allow Thailand to preserve its special one and only one culture‚ traditions and language. (Abercrombie&Kent‚ 2014) Thailand has become one
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