Business Environment Assignment The PESTEL analysis shown in the appendix portrays some of the issues in the external environment that a firm manufacturing and supplying luxury men’s clothing may experience. In all six sections; political‚ economic‚ social‚ technological‚ environmental and legal there are issues that the firm would face. However‚ some have more significance to others. Although political‚ technological and environmental factors would have a big affect on the firm‚ when looking at
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Macbeth and lord of the flies essay Indeed power‚ justice‚ and greed are influencing factors that can alter the course of one’s life. These themes have been represented in the following texts‚ William Shakespeare Macbeth (play on stage) and William Golding’s lord of the flies (novel). The techniques employed are‚ symbolism‚ characterisation‚ language features‚ and violence/drama. Both authors employ a number of techniques to make both texts come to life vividly and more realistic and make the audience
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that “Power tends to corrupt and absolute power tends to corrupt absolutely”. Give an example to argue your answer. (more or less 500 words) 2. How does media coverage of communal conflict in Indonesia recently influence your views on power and how power may be used to attain political objectives? Give example for your answer. (more or less 1000 words) Answer : 1. “Power tends to corrupt and absolute power tends to corrupt absolutely” is a famous statement of Lord Acton. Power can be
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Structure as patterns of relations. Structures are applicable to people in how a society is as a system organized by a characteristic pattern of relationships. Power as influence over those relations. The structure of any organization‚ seen in this way‚ will partly be the outcome of the efforts of managers and other organizational designers to structure tasks‚ activities and establish a controlling hierarchy of command (Watson‚ 2008). A sharp distinction should be made between the formal structure
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BOOM AND BUST IN TELECOMMUNICATIONS In 1997 Michael O’Dell‚ the chief scientist at World-Com‚ which owned the largest network of “Internet backbone” fiber optic cable in the world‚ stated that data traffic over the Internet was doubling every hundred days. This implied a growth rate of over 1‚000 percent a year. O’Dell went on to day that there was not enough fiber optic capacity to go around‚ and that “demand will far outstrip supply for the foreseeable future.” Electrified by this potential
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cost of capital making it a moderately attractive investment. Threat of new entrants - Low The telecommunication industry claims to be a business with an expensive start up where the cost of active equipment is estimated to be 40 percent of the telecom operator’s total capital expenditure (CAPEX) and the balance are accounted for time to set footprint and to acquire spectrum. Therefore‚ the contenders require producing sufficient cash flow to absorb the cost of expanding the network coverage that
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Press Release Telecom Egypt Announces Launch of New Logo Cairo‚ July 1‚ 2013: Telecom Egypt (TE) (Ticker: ETEL.CA; TEEG.LN)‚ today announced the launch of its new corporate logo with immediate effect. Throughout its 159 year history‚ Telecom Egypt has strived to meet the needs of its customers. Connecting Egyptians from Aswan to Alexandria and throughout generations‚ Telecom Egypt has developed a reputation for delivering high quality‚ efficient services built on its heritage and leveraging its
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It must be stressed that the power to regulate the practice of a profession or pursuit of an occupation cannot be exercised by the State in an arbitrary‚ despotic or oppressive manner. However‚ the regulating body has the right to grant or forbid such privilege in accordance with certain conditions. But like all rights and freedoms guaranteed by the Constitution‚ their exercise may be regulated pursuant to the police power of the State to safeguard health‚ morals‚ peace‚ education‚ order‚ safety
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Threat of Suppliers is low * Essential to product Although AT&T has a large market share in phone networks‚ Apple can choose to work with more than a single network operator like Verizon Wireless. As for the interoperability with Office products‚ Microsoft keeps developing the Office suite for Macintosh as it can be benefited by the Mac users. * Switching cost The services provided by AT&T are not reliable and substitutable‚ so its bargaining power is weak to Apple. Moreover
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Written Summary Question: Explaining the role of ’suppliers’ in an organization’s microenvironment. Discuss the impact the supplier environment might have on the marketing of soft drinks. Definition of suppliers: Firms and individuals that provide the resources needed by the company to produce its goods and services (lecture 3‚ p10). This includes materials and parts‚ capital items‚ supplies and service. (Diagram 1.4) The Role of suppliers Suppliers play a vital role in an organization’s microenvironment
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