• Social Factors Affecting the Business Enviroment and People Around It
    to the continuous changes which are experienced within the environment. Reference • http://www.merriam-webster.com/dictionary/demographic • http://www.alleydog.com/glossary/definition.php?term=Socio-Cultural%20Approach, Socio-Cultural Approach, Retrieved on 26 February,2013....
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  • Macro Economy Elements
    demographics and cultural trends of society. a) Demographic changes They occur due to changes in the population, ethnic groups, and population structure according to age, gender, geographical location, and population distribution of income. These elements are the contributing factors to consumers...
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  • Pest
    , Environmental, Demographic. STEEPLE: Social/Demographic, Technological, Economic, Environmental, Political, Legal, Ethical. SLEPT: Socio-Cultural, Legal, Economic, Political, Technological. LONGPESTLE: Local, National, and Global versions of PESTLE. (These are best used for understanding change in...
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  • Organisational Environment
    people in a particular society. Socio-cultural changes and trends influence organizations in two important ways • Changes in demographic characteristics such as the number of people with particular skills or the growth/decline in particular population segments (marital status, age, gender...
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  • Outline the Components of Any Organisation’s or Industry’s Macro-Environment, and Give an Example for Each Component of a Current Major Operational Change and/or Industry Trend.
    According to Elliot et al (2010) the five components of the macro-environment are the • political environment – changes in laws and government influence, • economic environment – buying power and spending patterns , • socio-cultural environment – people component; age, sex, race, location...
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  • Macro Environment
    The third element goes to socio-cultural. And this element contains of two highly related aspects, which are demographics and cultural trends of society. The first aspect, Demographic is the study of populations in term of their size, density, location, age, gender, race, occupation, and other...
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  • Essay
    Discretionary Income Describe how trends in the demographic, socio-cultural, economic, and technological environment affect marketing. Demographics are the statistical study of populations, looking at characteristics such as gender, age, ethnicity, income, and occupation. Socio-cultural forces...
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  • Steps to Christ
    conditions; technological changes; and natural forces. The important environmental factors are; (1) Economic Environment (2) Political and Governmental Environment (3) Socio-cultural Environment (4) Natural Environment (5) Demographic Environment (6) Technological Environment (7) International Environment...
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  • Hifa
    influences the marketing decision of a firm, And also since they are not controllable, one must adjust the decisions as per the changes in the environment. The Important factors comprising the Macro Environment of Marketing are Demographic, Economic,Socio-Cultural, Natural, Technological and...
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  • The Macro Enviroment
    organization itself. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The acronym for the macro analysis is “STEEP.” The five areas of interest are Socio-cultural and demographics; Technology; Economic conditions; Ecology and physical environment; and...
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  • Scanning Marketing Environment
    Political-Legal Environment Legislation Regulation Growth of Special –Interest Groups Socio-cultural Environment … themselves …. universe … others Views of … …nature … society … organizatio n Socio-Cultural Environment High Persistence of Core Cultural Values Existences of Subcultures Shifts of Secondary Cultural Values Through Time ...
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  • Finance
     Fundamentals of Research Article Critique Analysis of Chinese Travellers' Attitudes Toward Holidaying in New Zealand: The Impact of Socio-Demographic Variables Rebecca Caldwell 100800271 Vy Bui 100737215 George Brown College Fundamentals of Research Article Critique...
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  • Mangement
    can divide in five forces typically, economic forces, technology, socio-cultural forces, demographic forces and political and legal forces . General environment is one of the environment of organization. The environment of organization is a set of forces and condition outsides the organization’s...
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  • Pest Analysis
    PEST Analysis Understanding "Big Picture" Forces of Change (Also known as PESTLE, PESTEL, PESTLIED, STEEPLE and SLEPT Analysis) PEST Analysis is a simple, useful and widely-used tool that helps you understand the "big picture" of your Political, Economic, Socio-Cultural and Technological...
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  • business environment
    / Objectives Management Structure Internal Power Relationship Physical Assets & facilities Business Decision Economic Technological Global Demographic Socio-Cultural Political Company image Human resources Financial Capabilities Technological Capabilities Marketing Capabilities...
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  • A Tentative Study
    marketing ability, organizations should grasp the market orientate through analyzing the circumstances within the demographic environment. Secondly, the socio-culture is also a factor of affecting marketing ability. “Different cultural backgrounds may be reflected in different response to marketing...
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  • Business Enviornment
    divided into two parts: A) The Internal environment (Related the factors such as its personnel, physical facilities, organization and functional means, which are generally controllable. The External environment (Related the factors such as economic, socio cultural, Government and legal, demographic...
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  • Starbucks
    forces, Socio-cultural conditions and Technological changes. 3.1 Demographic trends The demographic trends are the lifestyles and societal values of the general population. In the United States, the consumption of coffee in this industry has continuously grown as consumers are more aware of the...
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  • Pest Analysis Nokia
    barriers, demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between following factors: Political –legal environment Economic environment Socio...
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  • Turkey International Business Strategy
    Table of Content 1. Introduction 2. Understanding of International Business Strategy 3. Insight about International Retailing in Turkey 4. Economic Situation 5. Rules and Regulation 6. Employment 7. Geography 8. Socio Cultural 9. Mode of entry 10. Demographics 11. Conclusion...
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