MACRO AND MICRO FACTORS AFFECTING THE STEEL INDUSTRY (TATA STEEL) The world GDP‚ as reported by International Monetary Fund‚ was on an upturn‚ growing by 5% in 2010 as compared to a negative growth of 0.5% in 2009. While the growth in the advanced economies was 3.0% in 2010‚in contrast to -3.4% in 2009‚ the emerging and developing economies grew by 7.3% in 2010 when compared to the growth of 2.7% in 2009. The growth in the developing and emerging economies slowed down during the end of 2010
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MARKET RESEARCH CONTENTS INTRODUCTION ----------------------------------------- MACRO ENVIRONMENT POLITICAL ---------------------------------------------- ECONOMICAL ------------------------------------------- SOCIAL ------------------------------------------------- TECHONOLGICAL---------------------------------------- ENVIRONMENTAL---------------------------------------- MICRO ENVIRONMENT SUPPLIERS---------------------------------------------- INTERMEDIARIES----------------------------------------
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3/19/2013 Opening Case • It was the early 1930s when a physician –turned textile trade in rural Karnataka found his business getting interrupted for want of regular supplies of cloth from the weavers. When he enquired with weavers about the reason for their irregularity‚ he was told that there was no working capital available to them. There were no banks in the area. The one located in the town was not interested in lending to small operators particularly in the rural area. Local money lenders used
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ABSTRACT This paper explores the differences between macro risk management and micro risk management. This paper explains the definitions provided by Kendrick and then compares and contrasts them. It also gives an example of a project and assigns classification of either macro or micro risk management. It analyses the risk factors associated with the project and the impacts of the associated decisions involved with the completion of the projects. Furthermore‚ it discusses the factors that determine
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allotment‚ production and consumption of resources. Economics has been divided into two significant branches; one of it being the microeconomics and the other one being the macroeconomics. Microeconomics can be easily understood through the term micro itself which means small‚ microeconomics focuses on small level that is to say it includes areas of individual decision making and its core components include production‚ exchange‚ distribution and consumption. Macroeconomics on the other hand focuses
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capacity to undertake this kind of analysis. It is likely to take many years for such an evolution to occur. In the meantime‚ how should developing countries be advised to move forward? It would be argued that there are two key issues on the planning/budgeting relationship which need to be clearly distinguished. First‚ how prominent a role should
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Introduction Heineken was first brewed in 1864 at Amsterdam by Gerard Adriaan Heineken. Till today‚ after 146 years of development‚ the Heineken brand has become the most valuable international premium beer brand. Available in almost every country on the planet‚ Heineken is one of the world’s leading international brewers‚ producing more than 200 different brands and employing more than 75‚000 people worldwide. “Our journey is summarized by ’Brewing a Better Future’ that reflects our intent‚ our
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British Airways British Airways is the largest international scheduled airline in the UK. The company was founded in 1919‚ and has continued to grow and expand since privatisation in 1987‚ until the global recession hit in 2008. On 23rd January 2009 the UK was officially declared to be in recession following two consecutive quarters in 2008 during which economic growth dropped (BBC‚ 2009). Many businesses‚ including British Airways‚ have found it increasingly difficult to survive in the resulting
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Budgeting and beyond budgeting Introduction With the economic rapid develop recently‚ more and more companies pay attention to the cost budgeting‚ some people think that this is a good and efficient way to operate the company‚ it will take more benefit for them. However‚ some people believe that it is a inefficient method‚ it will waste long time and capital to do‚ and bring the little profit. This essay wills analysis this issue from the different parts. The first part‚ it will talk about the
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borrowing‚ leasing‚ and cash management. Budgeting‚ when done properly‚ can serve as a planning and controlling system. The company’s goals and performance objectives are documented in financial terms. Once formulated‚ these plans are used throughout the year. Monthly performance reports compare budgeted results with actual results. To control operations‚ management can examine the performance reports and take necessary corrective actions. The role that effective budgeting plays in the management of a business
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