Macro environment‚ one of the three key elements of the marketing environment explains the influences of broader societal forces. These major external forces are not controllable‚ but being aware of the environmental factors and its changes will be of great advantage for growing the business (Angela‚ 2012). In the travel business‚ the operation does not depend only on the internal functioning but is also affected by external factors. Wotif is also affected by these internal and external factors.
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Lesson 1 BUSINESS AND ITS ENVIRONMENT NATURE OF BUSINESS Business may be understood as the organized efforts of enterprise to supply consumers with goods and services for a profit. Businesses vary in size‚ as measured by the number of employees or by sales volume. But‚ all businesses share the same purpose: to earn profits. The purpose of business goes beyond earning profit. There are: • It is an important institution in society. • Be it for the supply of goods and services • Creation of
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INTODUCTION Public administration is indispensable of decision making because decision making very crucial in the sustenance of organisations. There are a number of decision making models .These include rational comprehensive model‚ satisficing model‚ incremental model and mixed scanning model. All of them have their assumptions‚ strengths and weaknesses to be discussed below. None of these models is the best but it depends on the nature of the problem at hand. However‚ one may argue that rational
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Powerful environment movement . STICKING TO A CAUSE Chipko Movement‚ 1973 The 1980s saw the debate on environment move from just deforestation to the larger issues of depletion of natural resources “In the wake of reckless deforestation‚ a unique movement has bubbled‚”observed India Today in March 1982. The 1980s saw the debate on environment move from just deforestation to the larger issues of depletion of natural resources.“ Chipko movement in the Garhwal Himalayas‚ shoved aside urban armchair
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Jimmer Young Zsuzsa Maygar Political Science 6 17 March 2014 Corruption Research Project Throughout the world‚ a fundamental truth that must be acknowledged is that our governments are plagued by corruption. This corruption is a pervasive force firmly entrenched across all societies. With that being said‚ not all governments were created equal. Corruption manifests itself in a multitude of manners causing some countries to be more corrupted than others. The chief focus of this paper is to examine
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are political dynasties manifested in the Philippines? By Marie Jasmin M. Calalay Abstract The study aimed to do a research background about the political dynasties in the Philippines. We all know that the politics in the Philippines has been under control of a few notable families. The term coined by Filipinos to describe the practice is "Political Dynasty”. Constitution effectively broke the hold of incumbent families on power. The ability of term limits to dismantle political dynasties
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Federalists on the ratification of the Constitution sparked opposing political factions‚ such as the Republican and Democratic parties that still function today‚ and hinder the progress of our government. There are many issues today that these two parties disagree on‚ some that gravely impact the social and moral progress of the United States – one of these controversial issues is same-sex marriage. The two major political parties have opposing opinions regarding the prospect of same-sex
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HEREDITY AND ENVIRONMENT The nature versus nurture controversy— that is‚ how much of our behavior is due to inherited factors and how much to environmental factors Heredity is the passing of traits to offspring (from its parent or ancestors). Biology affects behavior also through mechanisms of heredity regulated by genetic principles. Researchers in the field called behavioral genetics study‚ through both family and twin studies‚ the way in which genetic factors affect behavioral traits. In family
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Politically Insured Political risk insurance (PRI) is business insurance that reimburses losses caused by social or political disruption in a country. It is also a product that can serve as a loss control or mitigation tool in order to encourage investment in a project. As such a tool‚ even small companies may be required to insure overseas investment with some form of PRI. Political risk insurance is a type of insurance that can be taken out by businesses‚ of any size‚ against political risk—the risk
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THE PHILIPPINE ENVIRONMENT introduction The Philippines is an archipelago comprising some 7‚100 islands with a total land area of almost 300‚000 square kilometres. Indonesia‚ Malaysia and Brunei border the Philippines to the south‚ China—and Taiwan—to the north‚ Vietnam to the west and the Pacific Ocean to the east. Three main island groups divide the country: Luzon in the north‚ the Visayas in the centre‚ and Mindanao in the south. Luzon and Mindanao together make up 65 per cent of the Philippines’
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