OMWANSA ADM NO: ELD/B/BBM/511/02740 YR OF STUDY: 2ND SEMESTER 3RD YR UNIT TITLE: CREDIT MANAGEMENT UNIT CODE: HRM 323 LECTURER: DANIEL NYAKERI ASSIGNMENT (CAT 1) Quiz: discuss the components of the macro environment and explain how they affect the organization you are working for? (20 mks). Macro environment factors are uncontrollable external forces that affect how a business operates. They are largely out of the control of the business‚ and often require changes in operating‚
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culture‚ religion and social set-ups often determine how a business should conduct itself in a particular country or environment. In the different countries which General Electric has ventured into‚ the company is faced by different social-cultural challenges which influence its corporate culture to a very large extent. The culture in a particular country determines the working hours‚ employment policies‚ procedures for appointing managers and the type of goods to be produced. Similar to other multinational
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rise and fall of apartheid. For anyone wanting to understand and experience what apartheid South Africa was really like‚ a visit to the Apartheid Museum is fundamental. The museum is a beacon of hope showing the world how South Africa is coming to terms with its oppressive past and working towards a future that all South Africans can call their own.” While yes it does show parts and aspects of apartheid South Africa‚ it does not tell the whole story. Having recently been to the museum I noticed a
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appropriate strategy to implement. A market by definition and be surmised at being “the set of all actual and potential buyers of a product” (Kotler‚ 1998). The yoghurt market consists of all the actual and potential buyers of yoghurt products. The macro-environment consists of six types of forces economic‚ demographic‚ cultural‚ natural‚ technological and political. “Vital Foods” must ensure that they take into account the trends‚ changes and alterations in these environments which can both pose threats
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Challenges Facing College Students Students face a lot of adversity when it comes to college; whether if it’s waking up on time for school‚ having the finances‚ working a part time or a full time Job‚ Studying‚ and Transportation. Those are the challenges that students must face through-out their lives in order to be successful and be able to obtain happiness in the later years. The first and most important thing a college student must do is to be able to wake up on time for a class‚ it is very
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TOPIC: Challenges of Hong Kong Restaurants Facing Nowadays INTRODUCTION: It is well known that Hong Kong is a food paradise since there is an array of types of food and a wide range of restaurants can be founded in Hong Kong. The business of restaurants plays an important role in the food service sector in Hong Kong and it is gaining momentum due to the variety kinds of food provided. However‚ due to the cost‚ labor and competition factors‚ Hong Kong restaurants are facing challenges both internally
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Over VIew South Korea was the one of the poorest country in the world in 1953 and GNP per person was $67. However‚ South Korea started to develop rapidly since 1960 and reached 10 million dollars of national income in twenty years. Now Korea is one of the G20 members with GDP of $ 1.116 trillion ( 2010 ) . Country studies Korea’s economy was based on agriculture in early days. However‚ contribution of agriculture decreased as Korea industrialize . Agriculture and domestication of Korea
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America’s Economy Today With all the bad publicity about the economy nowadays anyone with access to a TV‚ magazine‚ or newspaper should be somewhat familiar with the current economic crisis here in America. It seems like the Dow Jones Industrial Index and the S&P 500 Index are dropping lower every day‚ not to mention the poor condition of tech stocks listed in Nasdaq. Here’s some current stock market figures that display the markets current deterioration: The Nasdaq index lost 8 percent of its
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Challenges Facing Teens Now It is always hard to be a teenager‚ and it is even harder in this era. Instead of worrying about acne‚ there exist more serious teen problems which have been brought into focus. Health which teens are facing is basic and not new‚ but this issue seems to be increasing‚ and obesity is a big part of it. According to the 2008 data‚ 18 percent of teens from 12 to 19 years old are obese‚ and 30% of children and teens‚ from 6-19 years old‚ are overweight. This is the
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MU100 South African Music There are many instruments that South Africans used. Some of these instruments were mainly played by the tribes in South Africa. The differences in the instruments for other tribes were only the names and the style of playing‚ other than that the instrument is quite similar. One of these instruments is called a Uhadi. The Uhadi‚ also known as Ugubhu‚ is a mouth bow. This instrument has only 1 string and is made from wood and dried gourd. The way these South Africans
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