Book one - Session One What is a Business - What a Business Does - Characteristics of Businesses:- - They consist of a number of people. - The people who belong to them will share some values and views about the purpose of the businesses. - They will have incomes and costs‚ profits and losses. - They need different types of resources to produce different goods and services. - They need to coordinate a number of different activities done by different individuals. - Types of business:-
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This has influenced the way goods are sold and the types of goods sold within the industry. It is important to evaluate these forces to determine the competitive nature of the HMV groups external environment. To do this I shall use Porters 5 forces analysis Porters 5 forces show that the markets that HMV Group is involved with are highly competitive and rely heavily on the sellers ability to offer the consumer the choice they want and to be able to offer there good to the consumer in a variety of ways
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technologies 4) Evaluation of the results Regular evaluation of designs to check which one is a hit and which one is not. 2. How might SWOT analysis be helpful to Inditex executives? To Zara store managers? SWOT analysis helps with understanding the strengths‚ weaknesses‚ opportunities and threats that surrounds the company. According to the Zara case the SWOT analysis have the ability to do the following: 1- The ability to get product to the market quickly within 2 weeks. 2- Zara have 7 chains: Zara
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(Pharmaceutical Company) Introduction…………………………………………………………………..……………………5 Section 2 PESTLE ANALYSIS 2.1 Political and Legal factors……...………………………..…………………………………....7 2.2 Economical factors…………………………………………………………………………....8 2.3 Social-cultural factors………….………………………………………………………….......8 2.4 Technological factors………….………………………………………………………….......8 2.5 Environment factors…………………………………………………………………………..9 Section 3 SWOT ANALYSIS 3.1Strength……………………………………………………………………………………….10 3.2 Weaknesses…………………………………………………………………………………
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During the lecture‚ Helen mentioned that this analysis mainly focuses on the macro-environmental influences on the business. The 4 areas to be concerned are Political‚ Economic‚ Social and Technological factors. PEST Analysis provides us with a overall big picture of the business to better understand the potential opportunities and threats behind it. Political Factors Political Factor refers to the government regulations under which the organizations should operate‚ for example‚ tax policy
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highlights of interviews with at least five KOLs (key opinion leaders) or resource persons. III. Situation Analysis Industry Analysis Describes the needs of the business and the customers‚ major trends affecting the industry‚ significant and important companies‚ industry size (growing‚ declining‚ etc)‚ and other relevant industry facts and insights SWOT Analysis A SWOT analysis of the business environment can be performed by organizing the environmental factors as follows: The firm ’s
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SWOT ANALYSIS SWOT Analysis Kenneth Boland Foundations of Business Kimberly Jones SWOT Analysis The business plan that I show to perform the SWOT analysis on was the Start- Up Real Estate Business Plan for Golden Valley Real Estate. This is a business plan for a company that had not yet been established and seemed to be the most challenging. This plan appeared to be well constructed and provided a lot of information that could be used for the
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http://highered.mcgraw-hill.com/sites/dl/free/0073529931/782262/Chapter03.pdf 1. PEST Analysis:Political Factors:The laptop and PC industry is expected to grow at a faster rate in developing countries comparedto the developed countries. Therefore‚ changes in government policies in developing countrieslike India and China can affect the potential growth rates in their markets. For instance‚ theremoval of import duties on laptops in India in 2005 was one of the factors that resulted in agrowth of
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References: Free SWOT Analysis. (2010‚ June 02). Free Online Providerof Quality SWOT Analysis. Retrieved January 20‚ 2013‚ from Free SWOT Analysis website: http://www.freeswotanalysis.com Griffiths‚ M Pizza Hut Corporation. (2012). About Us: Pizza Hut. Retrieved January 20‚ 2013‚ from Piza Hut Web site: http://www.pizzahut.co.uk The
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essential skills of each job category. Since CCC is a construction company‚ the training program should include safety procedures to follow during a project. In developing the training plan for CCC‚ we will perform the needs assessment based on the analysis of the environment‚ organization‚ demographics‚ operations‚ and individuals. The training methods will include different types of media‚ learning principles‚ training for learning or facts‚ and integration of training into broader organizational
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