FEBUARY MATRICULATION NUMBER: 40133726 These essay discuses about the strategic business environment in India‚ and the parameters that ay business organization has to consider to grow and sustain in the competitive market. Kew and Stredwick (2005) says‚ “Business environment is the conjugated string of internal and external factors that acts as the most significant key to the present and the future functioning of any business organization”. So this is
Premium Strategic management SWOT analysis Management
by the internal and external environmental factors. Identify these external factor and explain in detail primarily how the external factor have or would influence your organization in its strategic planning . Elaborate your answer with example. Organizational activities and future plans are constantly affected by the internal and external environmental factors. For success in the present world‚ one need to consider not only the internal environment of the company consisting of its resources
Premium Environment Economic system Natural environment
Chapter 2 The external environment: Opportunities‚ threats‚ industry competition and competitor analysis Knowledge objectives 1 Explain the importance of analysing and understanding the firm’s external environment 2 Define and describe the general environment and the industry environment 3 Discuss the four activities of the external environmental analysis process 4 Name and describe the general environment’s six segments Knowledge objectives 5 Identify the five competitive forces
Premium Barriers to entry Competition Strategic management
Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
Premium Inflation Economics Planned economy
privatization of public utilities/companies‚ Vietcombank suffers the massive pressure on the system; there is both commercial and political pressure to create a profitable and efficient public utilities system. The affects of economic‚ social and global environment are also important the operation of privatization of public utilities/company. In Vietnam‚ there is a specific type of economics systems which depends on economic development situation of Vietnam. In addition‚ Vietnam also has social welfares
Premium Macroeconomics Monetary policy Economics
the environment but as time passes by and all our actions are added up together and this might cause chaos in the future. Damaging the environment is not a petty issue. Planet earth as we all live in seems to be the only planet that is capable of supporting human life. Once it is damage beyond repair‚ it might wipe out our species. In the effort of protecting the environment‚ we will consider the effect of our actions before making decisions. Will our actions do any good to the environment or
Premium Recycling Air pollution Oxygen
THE CLASSROOM ENVIRONMENT The article focuses on classroom environment and its characteristics. The environment in the class influences how teachers and students feel and behave. What is more‚ its qualities can have a lasting effect on our lives. The teacher’s challenge is to make the classroom environment functional‚ thoughtful‚ enjoyable and literate. However‚ there are things in real life that make it difficult for teacher to create specific classroom environment. Among these we can find‚ for
Premium Education Psychology Thermodynamics
Ecologies and Environments Artize L. Johnson Professor: Denise Stiglich SCI 110 Introduction to Physical Science 4 March 2012 1. Describe your local and surrounding ecologies and environments. Before we can describe the local and surrounding ecologies and environments‚ we have to know the meaning of ecology and environment. The relation among organisms and the environment that they are in is called ecology. During an organism’s lifetime
Premium Ecology Natural environment Ecosystem
Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
Premium Demography Agency Government agency
the macro environment‚ can be identified and examined. These There are a number of common approaches how the external factors‚ which are mentioned in the factors indirectly affect the organization but cannot be controlled by it. One approach could be the PEST analysis. PEST stands for political‚ economic‚ social and technological. Two more factors‚ the environmental and legal factor‚ are defined within the PESTEL analysis (or PESTLE analysis). The segmentation of the macro environment according
Premium PEST analysis SWOT analysis Law