Introduction Business environment is an element that will affect all the activities of an organization. Besides‚ it will bring firms both opportunities and threats because of its uncertainties. Business environment is uncertain‚ complex & dynamics; organization should apply more flexibility & discontinuity ways to manage them. A firm cannot control the environment because it is unpredictable in its direction and speed of change‚ such as interest rates‚ rate of inflation and exchange rate. Business
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External analysis How can a smartphone company use external analysis to gain competitive advantage? 1. Apply 5 forces model for the smartphone industry According to Hill and Jones‚ the five forces model serves the purpose to identify opportunities and threats in the external business environment‚ by analysing “competitive forces” (Hill & Jones‚ 2012‚ p. 42). Once created by Michel E. Porter this particular framework functioned as a useful tool for managers to approach the external analysis
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Quistions on Academic Research Case The need for an Internal Auditor Report to External Stakeholders to Improve Governance Transparency Naimah AlBaharnah Prof. Liotta‚ Joseph P AC629‚ Contemporary Issues In Auditing June 19‚ 2014 What is the issue being addressed in the paper? Sarbanes Oxley mandates requires all public companies to establish internal controls and procedures for financial reporting. In addition they must document‚ test and maintain those controls and procedures to ensure their
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Management Changes Affects Employee Morale As the world changes‚ many organization may create changes to their company structure in order to remain successful and look good amongst shareholders. These organizational changes may be beneficial for the company overall. However‚ it may affect the remaining employee’s morale. Some organizations changes such as layoffs‚ reduce work hours‚ a stagnate in benefits increases and rewards may result in management trying to figure out a way to motivate and gain
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increase productivity‚ co ordinate and provide direction between employees. According to the business dictionary (2013)‚ an organisational structure is the hierarchical arrangement of lines of authority‚ communications‚ rights‚ and duties of an organisation. It determines how roles‚ power and responsibilities are assigned‚ controlled and coordinated and how information flows between different levels of management. A structure depends on the organisation’s objectives and strategy. There are many influences
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price‚ usually based on perceived value and cost are external factors that influence price. These factors are precipitated on reference prices either from previous purchases‚ reference from other users‚ real or perceived quality of a good or service amongst others. Internal pricing factors are the firms pricing objectives which eventually lead to adoption of price method or methods. The organization has some measure of control over the internal pricing factors. Kotler & Keller buttress this point
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Unit Manual Copy right Author Editor Version Programme Unit 2012/13 Nelson College London Dr. Imran and Nazim Uddin Nazim Uddin V1-December 2012 HND Business Organisations and Behaviour Organisation Behaviour and UNIT MANUAL- HND Business- Organisations and Behaviour TABLE OF CONTENTS Organisational structures and culture..........................................................................................3 Impact of organisation’s structure and culture on the performance of the business
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External Factor Evaluation Paper Example 1: Dell Computer Key External Factors Opportunities Increasing demand for Speed‚ Memory and Graphic Capability Increasing demand for Portability Emergence and early popularity of "Tablet" Products Improving outlook for PC sales Increasing focus on cost reduction Increased Use of Wireless Technology Increase in Strategic Acquisition Increasing Demand for Green Products Weight Rating Weighted Score 0.1 0.08 0.12 0.07 0.1 0.07 0.07
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To what extent do threats from external forces contribute to disunity in Singapore? Explain your answer. External threats are the most contributing factor to disunity in Singapore. JI members posed a threat as they intended to plant bombs in several locations in Singapore‚ creating ill-feelings between Singaporeans. The locals began to fear and suspect the Malays in Singapore then on. It leads to the insecurity amongst the community‚ while the Muslims felt unfairly targeted. When racial or religious
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Schools as organisations Introduction This unit aims to prepare the learner for working in a school. It covers key aspects of schools as organisations. This includes the structure of the education system‚ the roles and responsibilities of key members of the school team and the purpose of school ethos‚ mission statement and aims and values. Learners will also understand the reasons for the key legislation‚ policies and procedures which are followed in schools and how schools operate within a
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