that had extended older social‚ economic and political arrangements that already existed in most of Africa. From the class discussions and reading my opinion of the issue is Europeans just commercialized and exploited the slave trading business‚ so Europeans should not be at fault for starting the slave trade. Slavery has been practiced for almost the all of recorded history; the African slave trade has left a legacy which cannot be ignored. Slavery existed within sub-Saharan African societies before
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MARKETING ENVIRONMENT Introduction: A variety of environmental forces influence a company’s marketing system. Some of them are controllable while some others are uncontrollable. It is the responsibility of the marketing manager to change the company’s policies along with the changing environment. According to Philip Kotler‚ “A company’s marketing environment consists of the internal factors & forces‚ which affect the company’s ability to develop & maintain successful transactions
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In international business‚ knowledge about political environments is very important. Why? Please provide examples. The Political environment is often a direct consequence of the political parties in power‚ which represents the popular opinion of the citizens of the region. If the citizens are‚ for example‚ pro-Big Business then probably taxation will be modest and there will not be a lot of stringent rules about environmental considerations.If the citizens are very concerned about safety issues
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marketing environment deeply affects the organization’.Discuss this statement‚explaining what is meant by the’marketing environment’ and explaining how it might affect marketing plans and activities with an example. The Marketing Environment The marketing environment refers to all of the internal and external forces that affect a marketer’s ability to create‚ communicate‚ deliver and exchange offerings of value. The factors and forces within the marketing environment can be
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share of gross domestic product (GDP). Without international trade‚ the UK organizations would be limited to sell its goods and services only within their own border. Therefore‚ International trade is vital to the UK economy as it can sustain UK economics’ strengths and progress in the increasingly competitive global economy. The significance of international trade brings numerous benefits to UK business organizations such as it enhances the domestic competitiveness‚ maintain the cost competitiveness
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The Sub-Saharan long distance commodity and slave trade as well as the syncretic interweaving of Islamic culture and traditional African culture accounts for Africa’s major influence as a superpower. Traders from all over the world were drawn to Africa’s riches in gold‚ ivory‚ and human beings. The fact that Africa was rich in resources posed influence in itself. Considering that a great number of the visiting traders were Muslims and they begin to intermarry and form relationships – economic
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Chapter 1 Hong Kong’s Business Environment Think it over (p. 2) 1 Arguments for: lower costs (e.g.‚ rent and salary)‚ larger space for expansion‚ and a better living environment for workers‚ which makes it easier to recruit overseas staff. Arguments against: high relocation costs‚ poor communication network‚ restricted flow of information‚ far from China’s market‚ increase in transportation costs‚ difficult to hire skilled labour. 2 When considering relocation‚ students should
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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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Genotype - Shared environment – intelligence (IQ) Unshared environment- mental illnesses (depression) Twin studies Family studies Adoption studies Genes and intelligence and evaluation of research Twin studies‚ strength and limitations Family studies‚ strength and limitations Adoption studies‚ strength and limitations. Twin studies Strengths: Same genotype for MZ twins Same age Minnesota twin study: longitudinal‚ large sample‚ cross-cultural‚ different age groups Brought
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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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