Role of consumers: - consumers: all individ.s in ec. that consume goods and services to satisfy needs and wants - consumer sovereignty: refers to the fact that patterns of consumers spending determine patterns of production. Through spending dec. consumers express their preferences. Factors influencing individual consumer choice: Income: disposable income – after tax (main determinant on consumer spending) More income‚ more demand for good and services But APS
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BUSINESS ENVIRONMENT ASSIGNMENT-1 1. Discuss the concept of Corporate Social Responsibility with the help example of corporate Entity you know? Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. Let me explain the Corporate Social Responsibilities
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with the President in an attempt to generate a positive economic environment by sustaining low inflation‚ creating high levels of employment‚ balancing international payments‚ and generating long-term economic growth. The Federal Reserve controls the amount of money that circulates in the economy in order to avoid inflation and deflation‚ and keep the balance between supply and demand. This is known as the Monetary Policy. The four economic goals of the Federal Reserve to achieve its monetary policy
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NAME: TAHIR M SULTAN UNIT: 4 (BUSINESS ENVIRONMENT) ASSIGNMENT NUMBER: 1 ASSIGNMENT TITLE: THE CASE: MCDONALD LECTURER: Mr. Hamid Rahim SUBMISSION: 11-10-2011 1. LIST SOME STAKEHOLDERS OF MCDONALDS. CLASIFY THEM AS INTERNAL‚ CONNECTED AND EXTERNAL TYPES. Stakeholders can be defined as “individuals and groups who are affected by the activities of an organization. The most important stakeholders can be seen as those with most to lose from the organization’s actions‚ but this does
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ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere who may also be considered as stakeholders. The term "corporate social responsibility" came into common use in the late 1960s and early 1970s after many
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Women and the environment That the relationship between people and the environment is not gender-neutral became clear in the mid-1980s. Some organizations‚ focusing on the day-to-day lives of communities‚ argued that the position and concerns of women were invisible in environmental debates and programmers. The Centre for Science and Environment (CSE based in New Delhi‚ India‚ in their The State of India’s Environment Report – or the Second Citizens Report of 1984-1985 argued that: Probably no other
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Technological Environment means forces that create new technologies‚ creating new product and market opportunities (81) Technological environment: trends and developments in the technological field that might: (a) improve production; (b) create new product opportunities;(c) render existing products obsolete; (d) change the ways in which goods and services are marketed; or (e) change the profile of customers’ needs and wants. A technology offered by telephone carriers that allows for the rapid transfer
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disposal‚ degradation of environment‚ issues like economic productivity and national security‚ Global warming‚ the depletion of ozone layer and loss of biodiversity have made everyone aware of environmental issues. The United Nations Coference on Environment and Development held in Rio de Janerio in 1992 and world Summit on Sustainable Development at Johannesburg in 2002 have drawn the attention of people around the globe to the deteriorating condition of our environment. It is clear that no citizen
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The purpose of this essay is to analyse the performance of Barratt Developments PLC as an example of any organisation in terms of business‚ economic and management concepts. One of the most important and influential elements of the business environment is the structure of the industry. How a firm performs depends on the state of its particular industry and the amount of competition it faces. (Book) To describe the characteristics of the modern construction industry we should look at the nature of
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Table of Contents 1. Introduction 1 2. Literature Review 5 2.1 Water resource management in Volos 5 2.2 Water management in Singapore 8 2.3 Water management in ArRiyadh 11 3. Conclusion 13 Reference 15 1. Introduction Water has always been of great importance in human development. Actually‚ human can not live without water within a certain time. Water quality management has been conducted since numeral disasters was caused by the water pollution hundreds years
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