MICROENVIRONMENT Micro environment means the environment with in the organization/company which is totally under the control. a. The company itself (including departments). b. Suppliers. c. Marketing channel firms (intermediaries). d. Customer markets. e. Competitors. f. Publics. 1. The Company’s Microenvironment a. The Company The first factor is the company itself 1). Top management is responsible for setting the company’s mission‚ objectives‚ broad strategies‚ and policies
Premium Customer Public Marketing
In a global environment‚ religious practice frequently affects business practices within organizations. Religion impacts business and social interactions from meetings to greetings‚ holidays and community events and is an inherent factor of cultural values. A culture’s belief systems are invaluable tools for encoding and reinforcing key value orientations within a given group or community‚ thereby lending it cohesiveness in outlook and perspective to the everyday challenges of life. Awareness of
Premium Islam Religion Hinduism
meaning of environment? (Docstoc 2010‚ p3)That means the surroundings‚ influnces‚ external objects and circumstances under someone or something exists.The environment of any organisation that surround & affect it.Now I’m going to demonstrate the definition of external environment first and External environment External environment is a kind of environment can not be controled by company. It also can affects the effectiveness of an organisation.Company often use external environment to analise
Premium Organization Organizational studies Affect
ENVIRONMENT Environment means all of the outside forces‚ events and things that act on a thing. A person’s environment is made up of everything that surrounds him or her‚ including houses‚ buildings‚ people‚ animals‚ lands‚ temperature‚ water‚ light and other living & non-living things. The environment does remain same at all times. It changes always due to ever-on-going interactions between various elements comprising it. The word environment is used to talk about
Premium Natural environment Natural resource Ecology
Technological Environment Gregory Hamlin BUSN 310. Business Theory Professor Rachel Nagel American Military University March 31st‚ 2012 TECHNOLOGICAL ENVIRONMENT The company I am continuing to work with is US Airways Group. There is plenty of hard and soft technology to list for the domestic environment. Some of the hard technology used in the domestic environment is aircraft‚ security system‚ and safety gear. Some soft technology used in the domestic environment is management‚ government
Premium Security Physical security Access control
Environment & HealthBecause of the permanent interaction between man and his environment‚ our health is to a considerable extent determined by the environmental quality. As a consequence‚ environment and health are closely related. The environment in which we live‚ work and relax‚ is determining for our health and well-being. Physical‚ as well as chemical and micro(biological) factors in the environment can have repercussions on our health‚ both physically and mentally. The World Health Organisation
Premium Pollution Environment Environmentalism
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
Premium Natural environment Marketing Sociology
Business Environment Meaning: The success of every business depends on adapting itself to the environment Within which it functions. For example‚ when there is a change in the government polices‚ the business has to make the necessary changes to adapt itself to the new policies. Similarly‚ a change in the technology may render the existing products obsolete‚ as we have seen that the introduction of computer has replaced the typewriters; the colour television has made the black and white television
Premium Business Economics Environment
Subject: PAD 530 Campus: Washington D.C Professor Name: UDOH UDOM Student Name: Sayed Rohullah Assignment Number 1: Rational and analysis for agency selected Public admin manager and challenges in changing environment Introduction: in these days across the world every minute the agencies are under building as well some of them are collapsing. Building and collapsing the agencies are relevant to contextual mismanagement and good management. No doubt that all those agencies will success and remain
Premium Management Afghanistan Education
Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
Premium Economics Singapore Economic growth