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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Proposal. How Does Branding Affect Consumers’ Purchasing Decisions? 1. Introduction Branding is an important element in business. Without a brand‚ customers have to explain to the sellers in detail about the products that they want‚ while sellers may be confused or give the wrong products to the customers. Therefore‚ it can be assumed that brand acts as a sign‚ name or symbol for the products and services. The main aim of the brand is to identify the products or services of a seller or groups of
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INTRODUCTION TO BUSINESS ADMINISTRATION “FACTORS THAT INFLUENCES AN ORGANIZATION’S CULTURE” Culture is made up of values‚ attitudes and behaviours. Organizational culture is the values and behavior of employees and is based on shared attitudes‚ beliefs‚ and customs rules. It includes an organization goals‚ expectations‚ experiences‚ perspectives and values that keep it together. Organizational culture exist at two levels: Visible artifacts and Observable behaviours. These
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(Q )What factors will influence your choice of leadership styles? (A) there are so many factors that will influence our choice of leadership styles. For now I will try to explain three factors that will influence a leader on his leadership Styles. Those are personality‚ company calture‚ and team members diversity. Personality:- Aligning an individual’s basic nature with a particular method of management is most often successful because the leader will be comfortable with it. For example
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FACTORS AFFECTING CONSUMER BEHAVIOUR ON PRODUCTS CHOICES:A SURVEY OF SUPERMARKETS IN ELDORET TOWN ABSTRACT This study will look on the ability of the local supermarket to take in to account the consumer buying behavior and characteristic as a baseline for defining marketing programs. To better understand why consumers buy as they do‚ many marketers turn to the behavioral sciences for help. Similarly‚ there are numerous theories‚ models and concepts making up the the field. These variables
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MACRO ENVIRONMENT AFFECTING MARKETING INTRODUCTION A Business principally is the organized effort by individuals in an organization to produce goods and services and to sell these goods and services in a market place to earn a good profit margin. The operating environment for all organizations whether they are commercial‚ charitable‚ governmental‚ or in the public sector more generally‚ is never static and seldom entirely predictable‚ and can therefore profoundly affect a company’s course of action
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Factors affecting Consumer Behaviour: Consumer behaviour refers to the selection‚ purchase and consumption of goods and services for the satisfaction of their wants. There are different processes involved in the consumer behavior. Initially the consumer tries to find what commodities he would like to consume‚ then he selects only those commodities that promise greater utility. After selecting the commodities‚ the consumer makes an estimate of the available money which he can spend. Lastly‚ the consumer
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What Are the Environmental Factors That Affect Health Health is affected by a combination of factors. The condition and environment is an important consideration when determining health. Other than the more commonly considered factors such as healthcare access‚ factors that have large impacts on the health of a population include the living conditions‚ genetics‚ level of education and the state of the environment. Thus‚ the World Health Organization has defined the determinants of health‚ which are
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QUESTION 2 How would you classify the Starbucks product using the marketing consideration for a consumer product? What individual product decision has Starbucks made? A product represents "the heart of an organization ’s marketing program". Without a product‚ there were no price‚ design‚ target market‚ marketing mix‚ promotion strategy etc. simply‚ there were no business. Starbucks products can be defined as "Convenience Products" because there are "relatively inexpensive" and "limited shopping
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Managerial Marketing Instructor Susan Sasiadek 6/19/11 “Zumiez is a mall based specialty apparel store founded by Tom Campion and Gary Haackenson in 1978” (wikipedia.com‚ 2011). This store offers clothing and action sports gear for skaters‚ snowboarders and surfers‚ skateboarders and motocross racers. Zumiez corporate offices are in Everett‚ Washington‚ but there are currently 400 stores open in 37 states (zumiez.com‚ 2011). Looking at the demographic factors used in marketing Zumiez products
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