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 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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Cultural Anthropology 11/21/11 “Supermarket Food Consumption Study” On Wednesday November 16‚ 2011 at approximately 3:33pm I visited Pathmark and asked to speak to the produce manager whose name was John. I asked him if he could explain the process of how apples are picked‚ and transported from the orchard to the local supermarket. John‚ the produce manager‚ stated that the apple picking business is a long process to get the apples from the farms to the supermarkets. He said that the first step is
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“Economics has never been a science - and it is even less now than a few years ago.”…Paul Samuelson INTRODUCTION Economics is the social science that analyzes the production‚ distribution‚ and consumption of goods and services. A focus of the subject is how economic agents behave or interact and how economies work. A given economy is the result of a process that involves its technological evolution‚ history and social organization‚ as well as its geography‚ natural resource endowment‚ and ecology
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ASDA stores‚ one of the supermarket giants of today‚ have set out to increase its in-store marketing with the hope of adding value to the whole shopping experience and “Retailtainment”. The first step towards their objective was to use primary market research which consisted in doing a rolling survey of mums‚ who they identify as their core customers. The survey was carried out by the supermarkets very own “Mumdex”‚ a panel of over 4000 mums of different ages and backgrounds. With the quantative
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processes and performances ” with reference to a business organization of your choice and using macro environments factors only‚ comment on the validity of this statement.(25) INTRODUCTION Lancaster (2011) defines the macro environment as ’those global elements over which the organization has no control over but which affect the organization’s ability to serve its customers profitably.’ There are six major macro environment forces: cultural‚ demographic‚ economic‚ natural‚ political‚ and technological
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Economics with Study Guide. Cincinnati: South-Western College Publishing. • "Macroeconomics/Microeconomics." Encyclopedia of Business and Finance. Ed. Allison McClintic Marion. Gale Cengage‚ 2001. eNotes.com. 2006. 20 Nov‚ 2009 • McCrane‚ Jim. “Macro vs. Microeconomics: How Do The Courses Compare?” ----------------------- [1] Source->
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The worlds first famous supermarket was opened in the USA in 1912 and the idea soon spread to Europe and other countries. The shopping scene in Poland has also changed over the past ten years. Empty shelves and long lines are things of the past. Today trade is alive and very busy. Shopping has become a part of our everyday life‚ of course some people love it and some do not. We have become witnesses of the growth of big stores and shopping centres. All of them are beautifly decorated and are opened
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estimated $262 billion‚ or 62% of total sales; Sam’s Club for $49 billion‚ or 12%; and international for $109 billion‚ or 26%. Kroger Co. Cincinnati David B. Dillon chairman‚ CEO 3‚624 81.1E 1/29/11 Kroger’s store base includes 2‚468 supermarkets and multi-department stores‚ 784 convenience stores and 372 fine jewelry stores. Sales from convenience stores account for approximately 4% of total volume‚ and sales from fine jewelry stores account for approximately 1% of the total. Costco
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actually be used to produce goods and services. 3 Explain the difference between macroeconomics and microeconomics. Give example of the areas of concern to each branch of economics. Micro: individual unit. Eg household‚ market‚ industry Macro: economic behavior of aggregate (national level) Eg national output‚ unemployment rates‚ etc. page 6 4 Explain why it is important for an economic model to be an abstraction from the real world. TO UNDERSTAND THE COMPLEXITIES OF THE REAL WORLD
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