business’s macroenvironment include all of the following except a. the social environment. b. the natural environment. c. the economic environment. d. the political environment. ANS: B PTS: 1 REF: 7 NAT: AACSB Analytic | Environmental Influence 7. The demographics‚ lifestyles‚ and social values of a society determine the firm’s a. social environment. b. economic environment. c. political environment. d. technological
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ELD/B/BBM/511/02740 YR OF STUDY: 2ND SEMESTER 3RD YR UNIT TITLE: CREDIT MANAGEMENT UNIT CODE: HRM 323 LECTURER: DANIEL NYAKERI ASSIGNMENT (CAT 1) Quiz: discuss the components of the macro environment and explain how they affect the organization you are working for? (20 mks). Macro environment factors are uncontrollable external forces that affect how a business operates. They are largely out of the control of the business‚ and often require changes in operating‚ management‚ production
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Schermerhorn Chapter 4 Environment‚ Innovation and Sustainability Facilitated by Dr. Steven Tam Fort Hays State University PLEASE READ TEXTBOOK AS POWERPOINTS ONLY COVER KEY POINTS Study Questions 1. What is the external environment of organizations? 2. What are key issues in organizationenvironment relationships? 3. What are the emerging challenges of sustainability and the environment? 4. How do organizations accomplish innovation? What is the external environment of organizations
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efficient for both the environment and business world. They are also developing new innovations that
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Turbulent Marketing Environment 1. The micro environmental factors that have affected Xerox’s performance since the late 1990s are technological‚ cultural‚ and economic forces. 2. Xerox’s performance in late 1990’s has been affected by microenvironment and macro environment factors which were the main cause of their financial downfall. There were 6 categories of macro environment factors but only 4 have given the large impact to Xerox’s. Macro Environmental factors; The Demographic Environment Customer or
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The PESTEL framework examines the six main macro environmental influencing factors of companies: political‚ economic‚ social‚ technological‚ environmental and legal. These influences determine the future success or failure of the corporate strategies. The political influence include the role of the governments; economics embraces the macro economic factors such as growth rate‚ exchange rates and business cycles; the social component stands for changing cultures and demographics; technological influences
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for example a changing macroeconomic environment may necessitate for change in an organization a decrease in the revenue may lead to the changes in an organization. So this assignment will focus on explaining what a SWOT and PESTEL are and bring out the importance conducting them out before doing a change programme. PESTEL Matanhire andMazhazha-Nyandoro(2002) note that organizational transformation usually emanates from the organization’s external environment. The changes derive from the shifts
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ContentsPart AIntroduction and explanation of Macro environment................................pg 3The Coca-Cola...................................................................................................... pg 5Introduction............................................................................................ pg 5Bottlers.................................................................................................. Pg 6Influence of macro environment on Coca-Cola..........................
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interaction with the environment are pursued with the idea of keeping the environment as pristine as naturally possible based on ideal-seeking behavior. Ecosystems are dynamic interactions between plants‚ animals‚ and microorganisms and their environment working together as a functional unit. Ecosystems will fail if they do not remain in balance. No community can carry more organisms than its food‚ water‚ and shelter can accommodate. Food and territory are often balanced by natural phenomena such as
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cultures and traditions where it is present‚ adding also to the local environment its own set of values. Therefore‚ Nestle embrace cultural and social diversity and does not discriminate on the basis of origin‚ nationality‚ religion‚ race‚ gender or age. Furthermore‚ Nestle believes that is activities can only be of long term benefit to the company if they are the same time beneficial to the local community. Precisely‚ the environment is changing very rapidly and in particular customers are looking
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