and social trends. One technique used by organizations to monitor the environment is known as environmental scanning. It allows marketers to understand the current state of the environment‚ so that the organization can predict trends. The Macro Environment There are a number of common approaches for how the external factors‚ which describe the macro environment‚ can be identified and examined. These factors indirectly affect the organization but cannot be controlled by it. One approach is the
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executives have protested that the chain isunfairly singled out for criticism. The chain has also been accused by Greenpeacewith contributing to the destruction of the worlds rainforests with unsustainablysourced cardboard and paper packaging.Internal Environment:1 Employees: According to data published by Yum! Brands‚ the proprietarycompany of the KFC brand‚ there are over 455‚000 KFC employees around theworld Altogether. • 2. 2 Management team:• Training and motivating team members.• Preparation of products
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External environment External Factors (environment) - It is the external forces that are beyond the control of the individual business A number of external factors can affect business (STEEPLE analysis) - economy - These are factors outside the business - political/government policy that may affect its - social decisions. - External factors that - technological may present opportunities - ecological or threats to - legal a business - ethics Economy – business need to observe the economic
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Our environment is really unique because it sustains life and growth. On other planets there is no environment and‚ therefore‚ no life. Environment means all that surrounds us. It is a very complex and comprehensive phenomenon. It consists of the climate‚ geography‚ geology and all the natural resources that nature has bestowed upon us. Life is there because of our peculiar biosphere and ecosystem. There is life on this planet because of a certain balance between these various elements. Without
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world. For example‚ cars have made the air unhealthy for people to breathe and poisonous gas is given off by factories. Trees on the hills have been cut down and waste water is being poured continuously into rivers.Furthermore‚ wherever we go today‚ we can find rubbish carelessly disposed. Pollution is‚ in fact‚ threatening our existence. The earth is our home and we have the duty to take care of it for ourselves and for our later generations. Fortunately‚ more and more people have realized these
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of environmental problems‚ especially global warming. Energy and the environment are inextricably linked due to a carbon dynamics‚ where energy usage results in carbon dioxide emissions which accumulate in the atmosphere (Appendix A). Over time‚ atmospheric concentrations of greenhouse gases increase which eventually become a major source of climate change such as rising temperature. Effects of energy usage on the environment are widespread: continual increase in carbon dioxide concentration in
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What Is Macro Environment? The major external and uncontrollable factors that influence an organization’s decision making‚ and affect its performance strategies. These factor includes the economic factors; demographics; legal; political‚ and social conditions; technological changes; and natural forces. Macro environment factors are beyond the control of an organization. This is because those factors are positioned outside the organizational system. Those forces are the prime factors in corporate
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Impact on business changes in the economic environment Introduction- In this report I will describe and then explain how the GDP‚ inflation‚ interest rates and employment rates are affected by the growth and recession stage of the business cycle. I will also explain how the balance of payments is and how Tesco’s contributes to trade surpluses/deficits. I will also be stating what the conflicting objectives are of Tesco’s and how they affect them as a business whilst describing‚ the ripple effects
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typical and common development trend of the world economy‚ regardless of the economy’s scale and its level of development‚ as well as the political regimes and social in which it belongs to On the basis of presentation and systematic overview of different market structures and market forces as well as the global factors affect to economy and shape national business activities‚ I strive to indicate an insight about the behavior of organizations in their market environment and how the global factors
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development in the corporate general environment in relation to the construction industry 1.0 INTRODUCTION This Study is to discuss how the development in the corporate general environment can affect the corporation through the competitive environment in the ECOWAS sub region. To accomplish the objective of the study‚ attention will be centred on the construction industry in the Ghanaian market for the industry role it’s played in the field of infrastructure and construction in the country Using
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