analysis • Characteristics of business environment • Components of business environment • The micro and macro environment • Competitive environment • Porter’s five forces model–competitive analysis Learning Objectives The present chapter aims at: • Definitions and objective of business • Examine environment analysis‚ characteristics components of the organisation. Let us know the microenvironment and macro environment • Understand the competitive environment • Describe the Porter’s five-force
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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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Table of Content1.0 Industry Background12.0 Introduction13.0 Impact of Macro environments on Cell Phone Industry13.1 Demographic environment13.2 Economic Environment23.3 Natural Environment23.4 Technological environment34.0 Impact of Micro Environments on the Cell Phone Industry34.1 Suppliers34.2 Marketing intermediaries44.3 Customers44.31 Consumer markets44.4 Competitors55.0 Impact of the Changing Environments on Marketing Mix55.1 Product55.2 Price Variables65.3 Place Variables65.4 Promotion Variables66
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The macro environment Introduction Marketing’s role is to match the capabilities and resources within the organisation with market opportunities external to the organisation. Understanding customer needs is central to achieving this aim‚ but marketers must also be aware of factors that can cause customer needs to evolve. A change in customer needs will impact upon the organisation’s ability to serve its customers. This means that marketers have to be knowledgeable about what is happening in the
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MANAGEMENT APTITUDE TEST (MAT) PRINT ALL INDIA MANAGEMENT ASSOCIATION Management House‚ 14 Institutional Area‚ Lodhi Road‚ New Delhi-110003 MANAGEMENT APTITUDE TEST (MAT) - 01 Feb 2009 ADMIT CARD MAT Form No : 929287 (OLD) (NEW - For future reference) Affix your photograph and get it attested with seal by Gazetted Officer or Principal of your Degree College. Dear ABHISHEK JAISWAL‚ You are provisionally permitted to appear for MAT on 01
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1) 1/1 Word provides the capability to view what formatting changes would look like without actually applying the format. This feature is known as ____. (1pts) Formatting Ribbon Contextual Tabs Print Preview Live Preview Collapse 2) 1/1 Which of the following statements is correct regarding the Mini toolbar? (1pts) It appears when you select text You hold down the Ctrl key and tap M to display it It is located on the Home tab of the Ribbon
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The Lua Architecture Advanced Topics in Software Engineering Mark Stroetzel Glasberg Jim Bresler Yongmin ’Kevin ’ Cho Introduction Lua is a powerful light-weight programming language designed to extend applications. Lua started as a small language with modest goals. The language has grown incrementally. As a result‚ Lua has been re-architected and rewritten several times in the past ten years. The original functional requirements and motivation of the architecture were documented in the
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Macro environment Our product and all of the other actors operate in a large macro environment of forces that shape opportunities and pose threats to the company is known as macro environment. Six largely uncountable external forces influence our product’s marketing activities. And also it influences decision making‚ and affect its performance and strategies. These factors include the economic‚ demographics‚ legal‚ political‚ and social conditions‚ technological changes‚ and natural forces Elements
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MICROECONOMICS – ‘Applying concepts of Microeconomics in Daily Life and Profession’ I would like to put forth a daily life applications of fundamentals of Microeconomics‚ Demand and Supply and how we take decisions which are economic in nature‚ given limited resources. As is universally known‚ resources are scares and limited‚ like; time and money. Considering the Demand first‚ it appears we are always making decisions in how to spend time. Now various activities in our life on a daily basis will
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