EXTERNAL FACTORS: Environment The environment is the world in which the organization operates‚ and includes conditions that influence the organization such as economic‚ social-cultural‚ legal-political‚ technological‚ and natural environment conditions. Environments are often described as either stable or dynamic. ➢ Stable environment • customers’ desires are well understood • remains consistent for a relatively long time • Examples of organizations that face relatively
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The Seven External Factors of the Market Place Today I will explain one by one each of the seven external factors. To start: The Political-Legal Environment: It is a political and corporate relationship. Companies aim to franchise with and support political candidates through their activities to help promote their business. Socio-cultural Environment: A business’ development and prosperity is based on the cultural and social value of whatever they have to offer. The world’s view on things are always
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The need for an external audit in the case of companies arises primarily from the existence of split-up of ownership from control. When control is shared an audit report will be needed in order to ensure that all the partners or be it shareholders are on the same page as the managers (the ones who will be controlling the company) and know what has been happening in the company‚ what is happening at present and what can be expected to happen in the future in order to increase returns in the company
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External Environmental Forces During the strategic marketing management process‚ there are many external forces that any company must be aware of in order to be profitable. These very important factors to be considered come in the form of technology trends‚ economic and government trends‚ consumer trends and innovations. It is very important to become aware of all of the potential opportunities and threats that may arise from these trends. I believe that for Coca-Cola‚ there are external forces
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EXTERNAL ANALYSIS I. Aggregate Market Factors Aggregate factors are important indicators of the attractiveness of a product category. A. Size The market size is defined through the market volume and the market potential. The market volume exhibits the totality of all realized sales volume of a special market. The volume is therefore dependent on the quantity of consumers and their ordinary demand
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study‚ he or she should contain a wealth of information about his or her former development. However‚ that is not necessarily the case. From birth to death‚ many external factors‚ most of them outside of the individual’s control‚ come together to shape a person’s personal‚ cognitive‚ and social growth. In studying these outside factors‚ a more complete knowledge of the person’s development is known than can be learned by simply studying that person alone. In no case is this clearer than in my own
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What Factors Affect AM And FM Radio Reception? Background Information Communications are carried by waves. One type of communication is AM and FM radio. AM and FM radio’s use radio waves. A radio wave is an electromagnetic wave propagated by an antenna at various frequencies. In AM (amplitude modulated) radio waves‚ the audio signal changes the amplitude of the carrier wave. In FM (frequency modulated) radio waves‚ the audio signal changes the frequency of the carrier wave. Australia’s broadcast
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"To See What Factors Affect The Decomposition Of Hydrogen Peroxide By The Enzyme Catalase Which Is Found In The Liver" Introduction: Enzymes are biological catalysts. They speed up the chemical reactions which go on inside living things. Without them the reactions would be so slow that life would grind to a halt. Enzymes work by when a substrate molecule bumps into a molecule of the right enzyme‚ it fits into a depression on the surface of the enzyme molecule. This depression is called the
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Available: http://www.google.com/#sclient=psy&hl=en&site=&source=hp&q=devaluation+and+revaluation+affects (March 12‚ 2011) Bovee‚ C.‚ Thill‚ John V.‚ Wood‚ M. & Dovel‚ G. (1993). Management. St. Louis: McGraw-Hill‚ Inc. Inflation (2010) Available: http://hubpages.com/hub/high-inflation-effects (March 24‚ 2011) Unemployment (2009) Available: http://www.google.com/#sclient=psy&hl=en&q=unemployment+level+affects+in+organization&aq=f&aqi (March 14‚ 2011) Grameenphone Ltd. (2007) Available: www.grameenphone
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I am going to investigate how the resistance of the wire affects a current flowing through a wire. I know that as resistance changes‚ current changes‚ as Ohm’s law: I = V/R. If one part of an equation changes‚ the equal must be done to the opposite side. To detect how resistance affects current‚ I must first discover what factors affect resistance. These factors are: · Length of the wire if a wire is longer; there are more particles for electrons to move through‚ and therefore more resistance
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