SingTel - Environmental forces Table of contents 1. Introduction [3] 1.1. Background to the report [3] 1.2. Purpose of the report [3] 1.3. Scope of the report 2. Analysis 2.1.1. Macroenvironmental [3] 2.1.1 Technological [3-4] 2.1.2 Demographic [4] 2.2 Microenvironmental [4] 2.2.1 Competitors [4-5] 3. Conclusion [5] 4. References
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The forces affect an organization Introduction With an increasingly competitive and dynamic business world‚ anyone organizations want to be successful‚ managers must make and develop appropriate business strategies. Strategy is the direction and scope of an organization over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectations. ( Johnson‚ Scholes‚ Whittington‚ 2009:3). It does
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Macro Environment: “The major external and uncontrollable factors that influence organisations decision making and affects its performance and Strategies” is called Macro Environment. Macro Environment can be studied through different analysis‚ there are several but mainly used are PESTLE analysis and SWOT analysis. Sainsbury’s Overview: Sainsbury’s was established by John James and Mary Ann in the year 1869 as a small dairy shop. In very short time the store became popular for selling good and
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Evaluation of existing off/online marketing activities Marketing activities refers to how to handle the marketing mix‚ which is‚ price‚ place‚ product‚ promotion in order to be able to market the product successfully. Tracking and measuring the performance of integrated marketing campaigns is very important in being able to work out the returns on marketing investments and whether or not the campaigns achieved its objectives and had any effect on customer or target audience. Therefore by evaluating
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Six Forces Porter’s forces analysis is a framework for industry analysis and business strategy development that draws upon industrial organization economics to determine the competitive intensity and overall industry profitability. These forces are 1) potential entry of new competitors‚ 2) bargaining power of suppliers‚ 3) bargaining power of buyers‚ 4) substitute products‚ 5) rivalry among competing sellers in an industry‚ and 6) power of stakeholders. A change in any of the forces normally
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Assessing the macro- and micro- environmental forces that explain the success of John Lewis John Lewis is a chain of upmarket department stores in the UK. In accessing its success‚ I critically looked at the macro- and micro- environments of the organization. Here the macroenvironment comprises three major sections: the economic environment‚ the social and demographic environment‚ and the technological environment. The purpose of this essay is to assess John Lewis’s success‚ in relations to the
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appendix 1) which had more than 33‚000 restaurants in 119 countries (McDonald’s‚ 2012). How could it operate profitably in a competitive market? It was due to the flexibility in the changeable marketing environment (Lovelock‚ 2002). The marketing environment can be assumed as a flexible system. Just like the human body which may die if it fails to adjust to environmental modifications‚ so the business also may lose if it does not adapt to external and internal changes (Sowell‚ 2011). Sargeant and
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2d. How buyer behavior affects marketing activities in different buying situations Consumer buying behavior is ‘the mental and emotional processes and the observable behavior of consumers during searching purchasing and post consumption of a product and service’ (Batra & Kazmi‚ 2004). The exploration and capture information about customer buying behavior is extremely important to Sunshine. Consumer behavior involves study of how people buy‚ what they buy‚ when they buy and why they buy. It
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List and explain the 6 forces of the Porter model. Six Forces Model: The Six Forces Model (SFM) is a business strategy tool. It is primarily used as an industry model to assess the competitiveness of a market. The Six Forces Model is an improvement over the Five Forces Model developed by Michael Porter. SFM is more specific than even SWOT‚ and is also used as an alternative to SWOT. SFM analyses six areas in a market place:- Competition: Are there a lot competition in the market? Are there
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McIntyre‚ 2010:1)‚ along with a decline in unemployment to 5% of the labor demography. Ireland’s utilization of FDI is a prime example in modern history of how political decisions can affect legal policies which in turn help drive economic growth to become globally competitive. The purpose of this essay is to investigate the macro-economic forces that acted as a catalyst for the exponential growth in Ireland in a globalization context and its effect on FDI. This investigation is based on the case
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