(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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Question 2; “All countries in the EU should join the single currency‚ all of them. A single currency would really allow businesses to prosper”. The European Union more commonly known as the EU‚ is known formally as the European Economic and Monetary Union. The EU establishes a common market among its 28 member countries which means that all border controls between members have been eliminated‚ allowing the free flow of goods and people. Public contracts are open to bidders from any member country
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PRESERVING NATURE VS. RESHAPING NATURE Critical analysis of recent floods in Uttarakhand ______________________________________________________________________________ “The environmentalist goal of ‘preserving nature’ unavoidably conflicts with the requirements of human life: Man ’s basic means of survival is to reshape nature to serve his ends‚ to take the raw materials of his environment and use them to produce values. This requires "touching" nature‚ not leaving it untouched” ____
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theories‚ some of which may appear contradictory. The Author will briefly outline why they think there are so many different theories and the differences and similarities between managing and leading and how this contributes to such a vast literature on leadership and management. The Author will outline how theoretical ideas about leadership and management have changed over time using wider reading and module material from chapters 2 and 3; Leading‚ Managing‚ Caring: understanding leadership and management
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Today‚ as working environment has been changing a lot‚ more people are taking different jobs in a period of time to finance their life. This essay shall discuss numerous reasons for these differences and suggest what a person needs for his career in the future. The first cause is the development of technology. For example‚ the Internet established creates a more convenient working environment for employees. It helps them to complete the assignment in flexible places‚ instead of staying at the
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In the introduction to McLuhan ’s Understanding Media he writes: ‘Today‚ after more than a century of electric technology‚ we have extended our central nervous system in a global embrace‚ abolishing both space and time as far as our planet is concerned’ (1964: p.3). Like much of McLuhan ’s writing this statement is vast and poetic‚ with its strength of conviction making it quite persuasive. But if we are to be believers in this rhetoric we must have an understanding of what he means. The underlying
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Section 1 Internal environment and external environment Internal environment • Manager: On one hand‚ in order to understand a management situation of a company‚ the organization structure is the key issues which should be involved. Xin hua bookstore is being a traditional organization has the traditional structure that functional organization structure. This type of organization always has many layers including senior management‚ middle management and base management level in the pyramid
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how businesses develop. In this report I am going to compare and contrast my two businesses‚ Disney and Adventure Island. I will also outlines whether the market for their goods and/or services are steady‚ declining or increasing and then I will also include suitable maps identifying the location of Disney and Adventure Island and evaluate the likely reasons for their choice of location. I will then evaluate what factors might cause Adventure Island to relocate. Markets of both businesses A market
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Introduction to Marketing Environment Firms are affected by lots of different things; a firm’s marketing environment is made up of all of the things that affect the way it operates. Some of the factors in a firm’s marketing environment can be controlled by the firm but some are uncontrollable. Firms need to understand their marketing environment so that they can make the most of positive factors and manage the impact of negative factors. The market environment is a marketing term and refers to
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Check Your Understanding 1. Fill in IEEE 802.11 B‚ 802.11 G‚ 802.11 A‚ or 802.11 and in the blank to match the description. 802.11b Specifies data rates of 1‚ 2‚ 5.5‚ in 11 Mbps do two different sized spreading sequences specified in the DSSS modulation technique. 802.11g Uses the 802.11 MAC‚ but with higher data rates in the 2.4 GHz ISN band by using the OFDM modulation technique. 802.11a Uses the 5.7 GHz band with less interference‚ but obstructions can affect performance and limit range
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