International Marketing: Exam 2 Notes Chapter 6: The Political Environment * Sovereignty of Nations * Sovereign state is independent & free from external control * Enjoys a full legal equality with other states * Governs own territory * Selects its own political‚ economic‚ and social systems * Has power to enter into agreements with other nations * Sovereignty refers to powers exercised by a state in relation to other countries and the
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SOCIAL FACTORS – BUSINESS ENVIRONMENT Introduction: The main factor that affects most business is the degree of competition – how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: Social – how consumers‚ households and communities behave and their beliefs. Legal – the way in which legislation in society affects the business. Economic – how the economy affects a business in terms of taxation‚ government spending
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What is Remote Sensing? Remote sensing‚ in simplest words‚ means acquiring information about an object without touching the object itself. Conventionally‚ however remote sensing has come to imply that the sensor and the target are located remotely apart and the electromagnetic radiation serves as a link between the sensor and the object‚ the sun being the major source of energy illuminating the earth. The part of this energy is reflected‚ absorbed and transmitted by the surface. A sensor records
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The Legal‚ Political/Trade Environment Chapter Objectives Structure Of The Chapter Laws‚ rules‚ and standards Issues The political environment The legal environment Terms of access Winds of change Chapter Summary Key Terms Review Questions Review Questions Answers References The legal/political aspect is very important in global marketing. "International law" can be defined as rules and principles that states and nations consider binding upon themselves. This raises two interesting
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PEST Analysis of the UK Airline Industry The PEST Analysis of the UK airline industry must take into account the Political Economic‚Social and Technological environment in which the industry is operating in. It will alsoinclude how these environmental factors will impact on the airline operations. Political The political stability of the United Kingdom was severely tested by the London terroristbombings in the summative years of the last decade. This led to a slight drop in the fortunesof the
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am going to describe how political‚ legal and social factors are impacting upon activities in Barclays PLC‚ Diabetes UK and their stakeholders. POLITICAL‚ LEGAL AND SOCIAL FACTORS PLS analysis is very useful for studying the environment in which a company operates and accessing external factors influencing the company in the markets it operates. PLS is the acronym for the following categories of investigation: political‚ legal and sociological factors.
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1. Political Environment India became an official republic in 1950‚ and is currently the second largest country with a population of over 1.2 billion people. The country is made up of 28 states and 7 union territories. It functions as a federation‚ with a central federal government as the point of unification among its partially self-governed states and regions. India’s parliamentary system is governed by Constitutional law which came into force on 26th January 1950. Some of the strengths
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Dubai INTRODUCTION In recent years‚ Dubai‚ a city within the United Arab Emirates‚ or emirates (UAE)‚ has seen significant growth and is continuing to be viewed as a great place to do business. With a population of over 2 million‚ not only is Dubai booming‚ but it is a free trade zone‚ offering 100% foreign ownership and zero taxes for potential investors (CIA Factbook 2012). While the Dubai economy was once almost exclusively about oil‚ today‚ Dubai is only directly
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PROJECT EXHIBITION ST.XAVIER’S TECHNICAL INSTITUTE REMOTE SENSING‚ NETWORKING REMOTE SENSING AND NETWORKING ABSTRACT: Remote Sensing is a result of advances in Telecommunication & Image processing technology. Remote sensing includes collection of information from a system by either absorbing or scanning EMR which are reflected from the system. This is done without disturbing the actual system under observation. Remote sensing is used for Digital Mapping‚ Coastal studies‚ to
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Construction of Gate Remote Control A remote control is a component of an electronics device‚ most commonly a TV‚ Car door‚ and Gate originally used for operating the device wirelessly from a short distance. Remote control has continually evolved and advanced over recent years to include Bluetooth connectivity‚ motion sensor enabled capabilities‚ internet and voice control. Commonly‚ remote controls are Consumer IR devices used to issue commands from a distance to televisions or other consumer
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