Topic: Analysis of Porter’s Five Forces and PESTEL of Fashion Industry Company: G2000 Porters Five Forces (1)Potential New Entrants a. Bimba & Lola --- First established in year 2005‚ selling feminine office wear. b. The ability of some brands to start ordering or selling products online has diminished the entry barrier in which huge investment is required to set up networks of shop outlets. c. New entrants can easily enter the market as cost of facilities or equipment needed is low. Moreover
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ECONOMIC ENVIRONMENT OF BUSINESS Objectives After studying this unit‚ you should be able to : • Define what you mean by “environment” • Classify the complex environmental variable on the basis of objective criteria • Identify the critical elements of economic environment of business • Analyse the interactions between economic and non-economic environment • Explain the impact of economic environment on business management; and • Illustrate your understanding of economic environment with reference
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you’re after information‚ need support‚ we are here. Task 1.1 In this task i have been asked to pick two companies (one profit making and one non profit making) the profit making business i have chosen is ASDA and the non profit making business i have chosen is British heart foundation. ASDA’s purpose as a business is to sell goods to people and aim is to be the best retailer in the UK as stated in their mission statement which is “to be the uks best retailer and exceeds customer needs”. ASDA
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skills. I am interested in factors that affect the competitive performance of a business‚ and the manner in which changes in technology affect an organization’s structure‚ long –term business strategy‚ product and development‚ manufacturing‚ distribution network‚ information needs and standard systems. In order to gain an appreciation of these and related issues‚ it is essential for me to have a strong grounding in business management‚ and issues connected with information technology‚ as well as gain
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Different ways of keeping fit. Our health depends on our life. Most people are busy working‚ pupils are busy studying‚ but they always find time to relax and enjoy themselves. Physical culture and sports in our country are part of our cultural and public life. It is very popular with young people. Sport is also paid great attention in schools‚ colleges and universities. Every city and town has a few stadiums‚ swimming pools‚ amateur clubs and keep-fit centers where people go aerobics‚ yoga‚ body-building
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bookkeeping can be very beneficial to any business and will allow that business to choose the one best for their specific needs. Single Entry is a simple approach for small business with minimal transactions. This type of bookkeeping only maintains a record of cash disbursement‚ sales‚ purchases‚ and cash receipts. This shows a daily summary as well as monthly summary‚ and only effect one account. Double Entry bookkeeping is the standard and is used by most business‚ small and large. Using double entry
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The European Tours - TUI Travels Plc TUI Travels Plc is one of the world’s leading leisure travel companies with over 250 of the best loved and market leading travel brands in 180 countries and more than 30 million customers. Question 1 - Value Chain Value chain analysis is the process in which a firm identifies its primary as well as secondary activities that add value to the final products or service. Primary activities. Inbound logistics – TUI Travels Plc has a global supply chain which
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eating disorders or even suicide. Weight Concern hopes to be able to reduce the problem in this country by promoting a healthier lifestyle and way of eating. Fitness can help you live longer and prevent diseases like heart disease in your future‚ keeping fit can be fun as well. Physical fitness involves 3 main components: strength‚ stamina‚ and flexibility. If you train properly‚ then you are able to generate force with your body. Being strong is useful for all sports as well as for life in general
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archives are records‚ usually but not necessarily non-current records‚ of enduring value selected for permanent preservation. Archives will normally be preserved in an archival repository‚ which is managed by an archival institution. An archival institution on the other hand is the agency responsible for selecting‚ acquiring‚ preserving‚ and making available archives. The main activities carried out by archival institutions include the following (IRMT‚ 1999). Accessioning Arrangement Description
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“Business environment encompasses all those factors that affect a company ’s operations; including customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations‚ and technological developments. It may also be referred to as Operating environment.” (Quantum3‚ 2012) “The definition of business environment means all of the internal and external factors that affect how the company
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