3 The External Assessment Chapter Outline The Nature of the External Audit Strategic Management: Concepts & Cases 10th Edition Fred David The Industrial Organization (I/O) View PowerPoint Slides by Anthony F. Chelte Western New England College Copyright 2005 Prentice Hall Social‚ Cultural‚ Demographic & Environmental Forces Ch 3 -1 Chapter Outline (cont’d) Copyright 2005 Prentice Hall Ch 3 -2 Chapter Outline (cont’d) Political‚ Governmental‚ and Legal Forces Porter’s Five-Forces Model
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introduction Football refers to a number of sports that involve‚ to varying degrees‚ kicking a ball with the foot to score a goal. The most popular of these sports worldwide is association football‚ more commonly known as just "football" or "soccer". Unqualified‚ the word football applies to whichever form of football is the most popular in the regional context in which the word appears‚ including association football‚ as well as American football‚ Australian rules football‚ Canadian football‚ Gaelic
Free Association football Football American football
Wal-Mart‚ small businesses that offer similar products will be obligated to reduce their price to the minimum in order to compete with the big retail company. According to Dartmouth College‚ in 2009‚ they conducted a study that indicates the “the impact a Wal-Mart store has on a local business is correlated to its distance from that store. The leader of that study admits that this factor is stronger in smaller towns”. Wal-Mart is using what
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Trevino‚ L. K.‚ & Nelson‚ K. A. (2011). MANAGING BUSINESS ETHICS Straight Talk About How To Do It Right (5th ed.). Retrieved from The University of Phoenix eBook Collection database. Walmart Foundation Gives $2 Million to Help ’Green ’ Food Banks. (2011). Retrieved from http://feedingamerica.org/press-room/press-releases/walmart-green-initiative-2011.aspx We Are Meals On Wheels Association of America. (2012). Retrieved from http://www.mowaa.org/Page.aspx?pid=600
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Introduction Wal-Mart the world’s largest retailer in 2006‚ next to only Exxon Mobil‚ with an 8.9% retail store market share in the US and a global turnover of $312 billion‚ is the most famous example of a successful retail strategy. However‚ Wal-Mart’s international operations spread across 14 markets outside US‚ has been a mixed bag of experiences for the company. Despite Wal-Mart’s impressive track record and strength‚ the question is‚ "How can it stay ahead?" given the rapidly changing retail
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Impact of External and Internal Factors on the Four Functions of Management External and internal factors such as globalization‚ technology‚ innovation‚ diversity and ethics can greatly impact the four functions of management. Functions such as planning‚ organizing‚ leading‚ and controlling can be influenced by these different internal and external factors since organizations need to ensure that they are addressed properly for business success. In addition‚ knowing the external and internal factors
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The External Environment All outside factors that may affect an organization make up the external environment. The external environment is divided into two parts: ● ● Directly interactive: This environment has an immediate and firsthand impact upon the organization. A new competitor entering the market is an example. Indirectly interactive: This environment has a secondary and more distant effect upon the organization. New legislation taking effect may have a great impact. For example‚ complying
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CASE STUDY: WALMART I. Executive Summary Walmart‚ biggest retail discounted store established by Sam Walton in 1950 has mark a remarkable success in the US. His strategy of purchasing in high volume while selling low and still gain a mark up made it more popular that made it enviable to competition. Secret to his concept is high volume purchases‚ efficient logistics‚ and advanced supply chain technology‚ which significantly reduced cost and maximize economies of scale. From its first store
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Leadership and management in adult care are significantly influenced by internal and external drivers. To ensure the best results‚ they must adapt to changing legislation‚ technological developments and cultural expectations. They can successfully navigate the difficulties that arise in the ever-changing field of adult care by remaining knowledgeable and adaptable. Not only do they need to ensure that staff are motivated and well-trained‚ but they also need to be flexible enough to adapt to changes
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interoffice memorandum to: Chief executive officer from: analyst‚ john sullivan subject: analysis on wal-mart’s csr initiaves date: 9/25/13 I. Introduction: This memo is in response to your request to assess the impact of corporate social responsibility implement by our competitor‚ Wal-Mart. Three main objectives of this analysis are: 1. How does Wal-Mart perceive itself as a socially responsible company? 2. Which contradictions exist in their CSR initiatives? 3. Are there direct
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