D2 Evaluate how future economic‚ political‚ legal and social factors impact the strategy of an organisation Economic Factors Economic factors have always been a concern for businesses like Tesco’s this is because the economy is continuously changing. In 2008 we experienced a worldwide recession which affected every business after the stock market collapsed. Tesco’s were also affected by the recession which resulted in their profits decreasing however they did find a way to benefit from the
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Social Interaction and Social Structure SOCIAL INTERACTION is the‚ social action of two or more people taking each other into account in their action SOCIAL ACTION refers to those actions which people are conscious of doing because of other people. There are some studies about Social Interaction. Those are ETHNOMETHODOLOGY and DRAMATURGY. ETHNOMETHODOLOGY is the study of the norms governing social interaction‚ this approach normally involves purposely violating commonly understood
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Outline and evaluate two social psychological theories of aggression Bandura’s Social Learning Theory suggests that acts of aggression are learnt through the observation of role models. His original “Bobo Doll” study showed that when exposed to aggressive behaviour small children copied this behaviour‚ not just by being physically aggressive but even copying the verbally aggressive behaviour. However this study focuses on children who are supposed to learn in this manner‚ this doesn’t demonstrate
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a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. Due to their influence within a financial system and an economy‚ banks are generally highly regulated in most countries. Most banks operate under a system known as fractional reserve banking where they hold
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Social factor Nowadays‚ using the smartphone is a trend‚ especially in Hong Kong. Everyone must have a smartphone even more than one. Smartphone penetration in Hong Kong has been rising‚1 from 35% in 2011‚ to 49% in 2012‚ to 63% in 2013. It reveals that there is a smartphone demand for Hong Kong people. In addition‚ according to the Google’s research report “2013 Our Mobile Planet: Hong Kong”‚ 96% of Hong Kong users browse the Internet daily with their smartphones‚ followed by Japan(94%)‚ Singapore(93%)
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In Financial Management book‚ you would read the topic theories of capital structure. Here‚ I have made these theories simplified. I hope‚ you can study these theories here and use these theories as reference. We all know that capital structure is combination of sources of funds in which we can include two main sources’ proportion. One is share capital and other is Debt. All four theories are just explaining the effect of changing the proportion of these sources on the overall cost of capital and total
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applicability of Herzberg’s two-factor theory in the Zimbabwean business environment as a performance enhancing motivational strategy. Do you see a parallel with other developing country markets? Guide: Literature review is the basis of any academic piece of work. What is Herzberg’s two factor theory? What are its special provisions? Can it stand alone as a motivational strategy? Substantiation of given views. Answer In 1968‚ Herzberg’s two factor theory suggested that there
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Outline and evaluate one social psychological theory of aggression (24) One social-psychological theory of aggression is Bandura’s Social Learning Theory (SLT)‚ which suggests that people learn behaviour by not only direct reinforcement and punishment but also by observing the behaviour of others. If a person observes aggressive behaviour from a model figure‚ they may imitate this behaviour‚ especially if they identify or look up to the model. This does not necessarily mean that the aggressive behaviour
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model in the remedying of personality disorders and improving general understanding of personality. Currently‚ a handful of models have risen to prominence‚ and have thus far stood the test of time. Some models are more generally accepted than others. Support for some models seems to come and go in cycles. One of the more prominent models in contemporary psychology is what is known as the five-factor model of personality. This theory incorporates five different variables into a conceptual model
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Social Intelligence Theory What is Social Intelligence (SI)? Social Intelligence (SI) is the ability to get along well with others‚ and to get them to cooperate with you. Sometimes referred to simplistically as "people skills‚" SI includes an awareness of situations and the social dynamics that govern them‚ and a knowledge of interaction styles and strategies that can help a person achieve his or her objectives in dealing with others. It also involves a certain amount of self-insight and a consciousness
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