(2007) 2475–2486 www.elsevier.com/locate/apm Analytic network process in supplier selection: A case study in an electronic firm Cevriye Gencer *‚ Didem Gurpinar ¨ Gazi University‚ Faculty of Engineering and Architecture‚ Department of Industrial Engineering‚ 06570 Maltepe/Ankara‚ Turkey Received 1 November 2005; received in revised form 1 August 2006; accepted 9 October 2006 Available online 8 December 2006 Abstract Supplier selection‚ which is the first step of the activities in the product realization
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environment can classifies in two categories that are internal environment and external environment. Internal factors close to the company that have a direct impact on the organizations strategy‚ these factors include employee‚ customer‚ suppliers‚ shareholder‚ banker etc. External environment comprises those factors and trends outside the organization that might have an influence upon an organization and its future. Many external factors can have an effect upon an organization - from changes in government
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The External Environment: Opportunities‚ Threats‚ Competition‚ and Competitor Analysis The external environment affects a firm’s strategic actions. For the example‚ when Philip Morris International (PMI) joint venture with Swedish Match AB‚ PMI distribute smokeless tobacco in multiple global market. A firm’s external environment creates the opportunities (opportunities PMI to enter the smokeless tobacco market) and threats (the regulation in its market reduces the consumption of PMI’s tobacco
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Recommend and justify a marketing strategy that Andy might use to increase sales at AHC AHC is a health club known for its excellent health facilities which benefit their members with a wide range of exercises as well as facilities such as their café and beauty salon. However‚ the owner‚ Andy has come to realise that if his business ever were to expand‚ it couldn’t satisfy everyone and cater to each individual’s needs. AHC has many opportunities for further development and becoming an even more
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Stakeholder For other uses‚ see Stakeholder. Internal and external stakeholders of a company A corporate stakeholder is a party that can affect or be affected by the actions of the business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research institute. It defined stakeholders as "those groups without whose support the organization would cease to exist."[1] The theory was later developed and championed by R. Edward Freeman in the 1980s
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External communication Communication with people outside the company is called “external communication”. Supervisors communicate with sources outside the organization‚ such as vendors and customers. External communication comprehends all information developed by the company‚ which is related to its activity that is released in the press‚ for public knowledge. Such information is crucial in order to promote the company’s image. External Communication is used for: 1. Through ensuring the information
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strong build strategy. Strategy is defined as a tool to assist organizations to achieve its long-term goals Hubbard‚ Rice & Beamish (2010). These goals are the prime reason for an organization to exist and strategies are developed to achieve these goals. Fig. 1.1- ESC model for strategy development Hubbard‚ Pocknee and Taylor’s (1996)‚ explains the strategy making process via ESC model. Fig 1.1 shows the ESC (Environment‚ Strategy & Capabilities) model to describe the strategy making process
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External environment aims to help an organisation to obtain opportunities and threats that will affect the organisation’s competitive situation. External opportunities are characteristics of the external environment that have the potential to help the organization achieve or exceed its strategic goals. External threats are characteristics of the external environment that may prevent the organization from achieving its strategic goals. Therefore‚ organisations must formulate appropriate strategies
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External environment External Factors (environment) - It is the external forces that are beyond the control of the individual business A number of external factors can affect business (STEEPLE analysis) - economy - These are factors outside the business - political/government policy that may affect its - social decisions. - External factors that - technological may present opportunities - ecological or threats to - legal a business - ethics Economy – business need to observe the economic
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Chapter 4 The External Environment The Environmental Domain Organization Environment is composed of all elements that exist outside the boundary of the organization that have the potential to affect all or part of the organization. Its domain is the chosen field of action. The environment comprises several sectors or subdivisions of the environment that contain similar elements (ie. industry‚ raw materials‚ human resources‚ market‚ technology‚ financial resources‚ economic conditions‚ government
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