CHAPTER 3: THE MICRO ENVIRONMENT MGMT 488 – STRATEGY AND POLICY OVERVIEW The micro environmental analysis is the second step in creating the Environmental Analysis. The micro environment examines the general business climate as it relates to the organization within its industry. The micro environment is also known as Porter’s Five Forces of Competition. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The analysis looks at five areas of interest
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friend and me. Gady is really friendly and so am I. We both enjoy dancing. She said she loved meeting new people just like I do. I think she’s fun-loving just like I am. One special thing We have in common is that we like to spend a lot of time with our close friends .Furthermore we are very active because we practice many sports .And I think that the most important thing is that we are very responsible and we always want to have the best scores in all the courses that we are studying. In contrast
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bonds. Water is a liquid at standard ambient temperature and pressure‚ but it often co-exists on Earth with its solid state‚ ice‚ and gaseous state‚ steam (water vapor). Water covers 71% of the Earth’s surface‚ and is vital for all known forms of life.[2] On Earth‚ 96.5% of the planet’s water is found in seas and oceans‚ 1.7% in groundwater‚ 1.7% in glaciers and the ice caps of Antarctica and Greenland‚ a small fraction in other large water bodies‚ and 0.001% in the air as vapor‚ clouds (formed
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Social stratification is a characteristic of all society. We have also seen that classes and individuals are rated high or low on the basis of characteristics possessed by them according to the social value scale. Any change in the value scale or any change in the characteristics results in a change in the status of different classes. Thus different occupations are held in different degrees of esteem in different societies or within the society at different times‚ The members of the priestly class
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Instructor Guo Ji Public email bnuwec@gmail.com‚ PIN interbusiness Contact Information guoji@bnu.edu.cn Course Prerequisites Micro and Macro Course Description This course is an introduction to international business with an emphasis on the contemporary issues of China. The basic content of the course includes (1) an overview of the means of conducting international business‚ with an emphasis on what makes international different from domestic (2) the effects of the social systems within countries
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Outcome 2.1 Show macro and micro environmental factors which Influence marketing decisions -Gatorade is not PepsiCo official product in Vietnam but it isn’t produced in Vietnam ‚ it was imported from foreign country so the price of the product is higher and isn’t really suitable for Vietnam average income. There are two main environment elements which affect the price of the Gatorade: Micro environment -Competitors: There are many other products to choose in the soft drink market include
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MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPETITORS : Competitors can be called the close rivals and in order to survive the competition one has to keep a close look in the market and formulate its policies and strategies as such to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting
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QUIZ ON CONCEPTS OF DEMAND‚ SUPPLY AND MARKET PRICE 1. THE LAW OF DEMAND SUGGESTS THAT AN INCREASE IN THE PRICE OF GOOD X DECREASES THE DEMAND FOR GOOD X. True False [1 pts.] 2. A DEMAND CURVE SHOWS THE [1 pts.] AMOUNTS OF GOODS THAT SELLERS SELL WHEN INCOME‚ PRICES OF RELATED GOODS‚ AND EXPECTATIONS CHANGE. True False 3. AN INCREASE IN THE WAGES OF COAL [1 pts.] MINERS DOES NOT CAUSE A DECREASE IN THE SUPPLY OF COAL. True False 4. THE LAW OF SUPPLY SUGGESTS THAT THE ELIMINATION
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The Culture of Daily Life - Venezuela and Puerto Rico John Galant SPAN 110 September 23‚ 2013 Francisco Penafiel The Culture of Daily Life - Venezuela and Puerto Rico Family Structure Puerto Ricans consider family life a core cultural value; family and relatives are looked upon as the most reliable form of support for the family. Although there is a high divorce rate many in the Puerto Rican culture would prefer to be in a monogamous marriage versus simply living together. When a person decides
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billion in 2006. This impressive growth brings with it several issues that at this time make the economic relation between the U.S. and China full of conflicts. Some of these issues are Currency Manipulation‚ Trade Imbalances‚ Intellectual Property Rights and China’s Indigenous Innovation. Theoretical Framework As Joseph C. H. Chai said in his book “China: Transition to a Market Economy”; this economic transition can be divided in three stages. The first stage took place from 1979 to 1984. By this
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