Choose an organisation known to you: 1. Describe all the activities to the logistic function. 2. Discuss how the logistic function contribute or can contribute to achieve the corporate objectives. 3. What are the benefit and challenges of outsourcing the logistic function to 3PL 0r 4PL service providers. 1.0. Introduction Today’s business is more global than ever before. Markets are everywhere and new ones are sprouting up every day. Suppliers shift‚ supply chains
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What Is Macro Environment? The major external and uncontrollable factors that influence an organization’s decision making‚ and affect its performance strategies. These factor includes the economic factors; demographics; legal; political‚ and social conditions; technological changes; and natural forces. Macro environment factors are beyond the control of an organization. This is because those factors are positioned outside the organizational system. Those forces are the prime factors in corporate
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Business Around Us Notes 3 BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because‚ the environmental factors influence almost every aspect of business‚ be it its nature‚ its location‚ the prices of products‚ the distribution system‚ or the personnel policies. Hence it is important to learn about the various components of the business environment‚ which consists of the economic aspect
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6.1 Activity 1. Marketing provides consumers with choice. Identify two methods used by business to do this. Marketing provides consumers with choice. This is identified by two methods in businesses‚ Product features (e.g. car with power steering) and pricing strategies (discounts). 2. Describe the importance of market share to a business operating in a highly competitive environment. The importance of market share to a business operating in a highly competitive environment is to show how
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Situation/Overview‚ activity observed: On veteran day I allowed my son to sleep in for couple of hours extra since I had the day off. On our way to his school we drove past his school. This was how I realized my three year old was really good with direction. Describe the Activity Observed: Soso as we called him always stay calm and quiet as I drive him to school every morning around 7:00 we will leave the house and by 7:10 am we will be at his school since it only 2.5miles away from the house
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Topic One: The Marketing Environment 1. What is meant by the term marketing environment? The marketing environment consists of the actors and forces that affect a company’s capability to operate effectively in providing products and services to its customers. It is useful to classify these forces into the micro-environment (customers‚ competitors‚ distributors and suppliers) and the macro-environment (political and legal‚ economic‚ social/cultural‚ technological‚ environmental‚ legal forces). These
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2. Which boarding scenario among the different ones proposed would you recommend for implementation? Why? These are some recommendations we think Southwest should implement: Putting more effort in educating customers on the boarding procedure Make sure to board families with children first As we know a lot of passenger especially new passengers are not familiar with the boarding process and this might cause delays. So by explaining them from the beginning what they can expect next or should
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Antibacterial activity of medicnal plants has turned out to be a global concern. Medicnal plants are very useful in treating various diseases. Antibiotics are an important class of pharmacological agents used for treating antibacterial infections. Although antibiotics were first isolated from fungi and bacteria but over the years more and more synthetic antibiotics has been synthesized‚ which are in great demand. This present study has been done to determine the antibacterial activity of Cannabis sativa
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Understanding the External Marketing Environment INTRODUCTION “All businesses operate within an environment‚ which directly or indirectly affects the way in which they function‚ just as we as consumers live within a cultural and social environment which to a greater or lesser degree determines the way in which we behave as individuals.” said Elaine O’Brien‚ University of Strathclyde. Unlike the controllable marketing mix variables‚ the environmental forces are not controllable by marketers
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economic activities and how ... What is the difference between ... . What is the difference between economic and non-economic ... wiki.answers.com › Categories › Business & Finance › Economics What is the difference between economic and non economic activities.? ... Distinguish between economics activities and economics system . difference between economic and non economic activities www.meritnation.com › … › Social Science › People as Resource So economic activity is anything
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