1954. BP adopted a re-positioning strategy in 1997 and the group chief executive‚ Lord John Browne‚ addressed the threat of global warming. Even though the oil industry does not have a good reputation in taking responsibility‚ BP was put first on the list of Fortune Magazine Global 100 Companies on Corporate Strategy. 5.2. Threat of new entrants. Strong. The threat of new entrants in the oil industry is strong. BP is a market leader‚ but the strong growth of the industry‚ combined with the low costs
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Unit 1 the business environment Tescos Political factors This could include government support‚ provide‚ enhancing skills of the working population of Tesco’s which may include training days or induction days if you have just been previously employed. The main factor could be government support which has to routes that it can go down. Direct support or indirect support which also includes the fiscal policy which is linked with taxes‚ vat and cooperation tax The level of taxation changing
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PESTEL FACTORS PESTEL analysis stands for "Political‚ Economic‚ Social‚ and Technological‚ Environmental and Legal analysis". It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macro-environmental factors that the company has to take into consideration. Political factors or how and to what degree a government intervenes in the economy. Specifically‚ political factors include areas such as tax policy
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Factors that contributes to happiness in your future career Some people think that happiness is everything. It’s the meaning of life. No matter what you’re into‚ what you do. If you’re happy‚ you’re living. Thus happiness is like the purpose of life that makes its sense. Obviously‚ every person desires to be cloaked in happiness in all spheres of life. And‚ doubtless‚ one of the most important sphere we want to feel comfortable in and pleasure from is work. However‚ happiness isn’t a self-creating
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is available at www.emeraldinsight.com/1362-0436.htm CDI 13‚4 Factors influencing career choice of management students in India Tanuja Agarwala Faculty of Management Studies‚ University of Delhi‚ Delhi‚ India Abstract Purpose – This paper aims to explore the influence of a range of factors on the career choice of management students in India. The importance of different individuals in the family and at work in making career choices among these students is also to be explored. In addition‚ the
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Factors of Migration Migration Migration is the physical movement of people within and between social systems. This movement can be by people as individuals or as group. Depending on where the change of residence is‚ migration can be internal when people migrate within the same country or international when people migrate crossing borders. Factors of Migration Migration in its demographic aspect can understood in terms of push and pull factors. The push factors operate in places of origin
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Main components of every civilization: 1. government and laws 2. formal religion 3. language 4. agriculture (irrigation‚ domestication of plants‚ etc) 5. specialized skills (pottery‚ clothing‚ etc) 6. trade (to acquire what you do not have and cannot make‚ but need) 7. economic system (bartering or currency‚ etc). Factors that give rise to civilization: A. Geographical location 1. All four of the major centers of early civilization (were China‚ India‚ Mesopotamia‚ and Mesoamerica) arose
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The Fred Factor by Mark Sanborn is about creating passion in your life and how that can make your life extraordinary. The book begins by explaining what the “Fred Factor” is and who it was named after. It then gives some guidelines on how to become a Fred by following a certain way of thinking. The book also goes over how to seek out and develop other Freds in your life. It concludes by giving an update on the original Fred‚ Fred Shea. In the first section of the book where Sanborn describes
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Factors of Production There are two categories of factors of production: tangible resources including capital‚ land and natural resources; and non-tangible resources including labor‚ knowledge and entrepreneurship. In factor markets the buyer and seller pattern is opposite to the goods markets; in goods markets firms sell and households buy‚ but in factor markets firms buy and households sell. Households provide the labor; their savings flows into the financial markets and finances physical capital;
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Factors of Production 1. Land 2. Labor 3. Capital (Money) is not actually considered as capital in economics as it does not produce a good and service but it is rather a form of asset that is used as a medium of exchange. 4. Entrepreneurship The 3 E’s in ECONOMICS 1. Efficiency refers to productivity and proper allocation of economic resources. 2. Equity means justice and fairness. 3. Effectiveness means attainment of goals and objectives. Types of Economic Systems To address
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