Macro-economic factors: There are a lot of macro environmental factors that affect Telfin performance though emphasize has been given on the important factors. Economic factors like current and anticipated economic growth‚ interest rate‚ inflation‚ cost of labor‚ disposable income and distribution of income etc collectively comprise economic environment. Current and projected economic conditions: In recent years Pakistan’s economic figures were indicating very impressive and promising consequences
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costs specifically one that involves the staff. The purpose of this report is to provide an analysis of the staffing issues in the airline industry in the long run. We shall look at three factors that affect staffing in the airline industry‚ namely demographic‚ economic and technological. In the demographic factor‚ we will look at how the different cultures‚ the different needs of global staff is taken into consideration in Human Resource planning. We will also touch on the impact of the global economy
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“AN EXAMINATION OF POLITICAL AND LEGAL FACTORS AFFECTING GLOBAL HUMAN RESOURCE MANAGEMENT” TABLE OF CONTENTS I. INTRODUCTION …………………………………………………………………….. 3 Description of the Problem …………………………………………………………. 5 The Purpose of the Research ……………………………………………………… 6 The History‚ Settings‚ and Background of the Problem ………………………… 7 Scope of the Research …………………………………………………………….. 9 Definition of Terms ………………………………………………………………….. 9 II. REVIEW OF THE LITERATURE
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You are here: / Why / Socio-cultural impacts The socio-cultural impacts of conventional tourism described here‚ are the effects on host communities of direct and indirect relations with tourists and of interaction with the tourism industry. For a variety of reasons‚ host communities often are the weaker party in interactions with their guests and service providers. The impacts arise when tourism brings about changes in value systems and behaviour‚ thereby threatening indigenous identity.
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Many aspects affect the way international business is conducted. Differences in the social‚ cultural‚ economic‚ legal and political conditions of the country affect international business procedures in different levels and degree depending on the countries infrastructure and relationship. Social differences range from a country’s income per consumer‚ literacy rates‚ religious beliefs and code of ethics. Social conditions affect the way companies conduct business and the development and promotion
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considering the environmental factors that could possibly affect their marketing both globally and domestically. The Coca-Cola Company and Subsidiaries have many environmental factors that affect their global and domestic marketing decisions. These factors include; global economic interdependence alongside trade practices and agreements‚ demographics and their importance on top of physical infrastructure‚ cultural differences‚ social responsibilities‚ ethics versus legal obligations‚ political systems and
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PEST Analysis of the UK Airline Industry The PEST Analysis of the UK airline industry must take into account the Political Economic‚Social and Technological environment in which the industry is operating in. It will alsoinclude how these environmental factors will impact on the airline operations. Political The political stability of the United Kingdom was severely tested by the London terroristbombings in the summative years of the last decade. This led to a slight drop in the fortunesof the
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1st advantage China has a more developed than in many developing countries and the balance of trade‚ China’s much faster rate than India has been since the 1950s‚ manufacturing growth. In 1980‚ when China and India in the gross domestic product (GDP) per capita more or less equal‚ China has enjoyed a strong advantage in manufacturing. 2nd advantage China’s strong and effective state machinery has been modernized and effective tool for mobilizing resources. Despite the belief of the free
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The Political-Legal Environment consists of laws and their interpretations that require firms to operate under competitive conditions and to protect consumer rights for example‚ Health and Safety and Consumer Protection. Government regulations are the forces that combat unfair business practices and serve as a guideline to avoid such discrepancies. There are four historical phases the government regulations falls into: • Antimonopoly period of the late 19th and early 20th centuries • Protecting
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The economic development of China By Jazz Exel‚ David van der Vlugt‚ Thomas Koop and Winsen Duker – 1TMA3‚ 2012/2013. When did the economic development started in China? Fifty years ago‚ China finally introduces ‘The New China in the Orient’. After years of warlords and domestic warfare‚ finally peace returned to the country. People were positive about the future. Fifty years later‚ the results are huge. By 1998‚ the GNP (Gross National Product) grew by over 29-fold‚ which is an average of 7
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