What is an External Environment ?
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The document discusses the external environment and PESTLE analysis framework. The external environment includes factors outside an organization's control that provide opportunities or pose threats. A PESTLE analysis examines the political, economic, social, technological, legal, and environmental factors in the macro environment. It is used to understand the external factors that may impact an organization's strategy and objectives. The document then provides examples of various factors to consider under each element of the PESTLE framework.
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External Environment | Business Environment
The document discusses the external environment that affects businesses. It defines the external environment as factors outside a business's direct control that can indirectly influence it. The external environment is divided into the micro and macro environment.
The micro environment includes factors close to the business like customers, employees, suppliers, shareholders, media, and competitors that directly impact operations. The macro environment comprises broader forces like political, economic, social, technological, legal, environmental, and ethical factors influencing the context for a business. Both the micro and macro environments are important for a business to understand to adapt to its surroundings.
Political factors affecting business
The document discusses several political factors that can affect business, including corruption, trade controls, bureaucracy, and changes in laws/regulations. It notes that political instability can negatively impact investment and economic growth by creating uncertainty. Political instability arises from issues like disrespecting citizens' rights, corruption, unfair elections, unemployment, suppression of opposition, and leaders holding onto power for too long. Businesses should monitor the political environment because changes can influence strategy through impacts on markets, regulations, and the overall economic situation.
Political Environment
The document discusses the political environment factors that businesses must consider when expanding overseas. It provides details on Hong Kong's political system and environment. Hong Kong has a relatively stable political system due to its "one country, two systems" agreement with China that guarantees its capitalist system and limited democracy until 2047. The political factors discussed that influence business include the type of political system, stability, policies on taxation, intellectual property, and product safety laws.
Environmental factors affecting an organisation
The document discusses various environmental factors that can affect organizations, including internal and external factors. It defines internal factors as those within the organization, such as its mission, leadership, communication, and organizational structure. External factors include political, economic, social, technological, environmental, and legal conditions outside the organization. The document also introduces PESTEL analysis as a framework for analyzing the political, economic, social, technological, environmental, and legal macroenvironmental factors relevant to organizational performance and strategy. Examples of how different companies apply PESTEL analysis are provided.
International marketing
This document provides an overview of international marketing. It defines international marketing as identifying goods and services customers outside the home country want and providing them at the right price and place. Benefits include survival, overseas market growth, sales/profits, and diversification. Factors influencing internationalization include domestic market saturation, trade deficits, foreign competition, and new market opportunities. Market segmentation allows adjusting the marketing mix to meet different market segments based on demographics, geography, culture, and psychology. Companies must decide whether to standardize or adapt their marketing mix across countries. Major international marketing activities include market assessment, entry method selection, and developing an international marketing mix for product, place, promotion, and price.
SOCIAL & CULTURAL ENVIRONMENT
The document discusses the social and cultural environment that businesses operate within. It defines the social environment as consisting of a society's beliefs, customs, and behaviors. The cultural environment refers to the prevailing norms and values that guide behavior. Businesses must understand and adapt to their external social and cultural environments in order to be successful. They must also carefully manage their internal social environments by building a positive organizational culture. The document outlines the various responsibilities businesses have towards shareholders, government, customers, employees, and society. It discusses the importance of ethics, social auditing, and corporate governance for businesses.
1.1 Nature Of Business Activity
Businesses exist to satisfy the needs and wants of people, organizations, and governments. Businesses process inputs using factors of production like land, labor, capital and enterprise to create goods and services which they sell at a profit. As countries develop, the proportion of businesses in the primary sector decreases while the secondary and tertiary sectors increase due to rising incomes and more leisure time.
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The document discusses the external environment that affects businesses. It defines the external environment as factors outside a business's direct control that can indirectly influence it. The external environment is divided into the micro and macro environment.
The micro environment includes factors close to the business like customers, employees, suppliers, shareholders, media, and competitors that directly impact operations. The macro environment comprises broader forces like political, economic, social, technological, legal, environmental, and ethical factors influencing the context for a business. Both the micro and macro environments are important for a business to understand to adapt to its surroundings.
Political factors affecting business
The document discusses several political factors that can affect business, including corruption, trade controls, bureaucracy, and changes in laws/regulations. It notes that political instability can negatively impact investment and economic growth by creating uncertainty. Political instability arises from issues like disrespecting citizens' rights, corruption, unfair elections, unemployment, suppression of opposition, and leaders holding onto power for too long. Businesses should monitor the political environment because changes can influence strategy through impacts on markets, regulations, and the overall economic situation.
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The document discusses various environmental factors that can affect organizations, including internal and external factors. It defines internal factors as those within the organization, such as its mission, leadership, communication, and organizational structure. External factors include political, economic, social, technological, environmental, and legal conditions outside the organization. The document also introduces PESTEL analysis as a framework for analyzing the political, economic, social, technological, environmental, and legal macroenvironmental factors relevant to organizational performance and strategy. Examples of how different companies apply PESTEL analysis are provided.
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The document discusses the social and cultural environment that businesses operate within. It defines the social environment as consisting of a society's beliefs, customs, and behaviors. The cultural environment refers to the prevailing norms and values that guide behavior. Businesses must understand and adapt to their external social and cultural environments in order to be successful. They must also carefully manage their internal social environments by building a positive organizational culture. The document outlines the various responsibilities businesses have towards shareholders, government, customers, employees, and society. It discusses the importance of ethics, social auditing, and corporate governance for businesses.
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Businesses exist to satisfy the needs and wants of people, organizations, and governments. Businesses process inputs using factors of production like land, labor, capital and enterprise to create goods and services which they sell at a profit. As countries develop, the proportion of businesses in the primary sector decreases while the secondary and tertiary sectors increase due to rising incomes and more leisure time.
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This document defines and discusses key aspects of business environment. It begins by defining business environment as the relationship between a business and the surrounding factors that influence it, including political, economic, social and technological factors. It then discusses the internal and external components of business environment. The external environment includes micro environment factors like suppliers, customers and competitors, as well as macro factors like economic, social, political, technological and legal conditions. Key internal factors are the business's objectives, management, resources and culture. The document provides an overview of how businesses must assess their environment to develop effective strategies.
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Based on the document, the external environment refers to factors, forces, situations, and events outside the organization that affect its performance. It is important because it poses constraints and challenges for managers. Specifically, the external environment impacts jobs and employment, the level of uncertainty organizations face, and their stakeholder relationships. Understanding and managing the external environment is crucial for organizational success.
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The document discusses the business environment, which refers to all external forces that influence a business's operations and performance. It categorizes the business environment into economic and non-economic factors. The micro environment consists of internal factors like suppliers, customers, and public that directly impact the business. The macro environment includes broader societal forces like economic, social, political, technological, legal, and environmental factors that indirectly influence the business. Regularly analyzing the business environment helps firms anticipate opportunities, understand threats, and develop strategies to improve performance and cope with changes.
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Ethics & social responsibility
This document discusses the differences between business ethics and corporate social responsibility (CSR). Business ethics deals with moral principles that guide decision making and behavior within organizations. CSR focuses on a corporation's responsibilities and obligations to external stakeholders in society. While business ethics covers all ethics issues throughout a company's functions, CSR specifically concerns corporate responsibility to the community. The document provides examples of the Tata Group and Ultratech Cement carrying out CSR projects in India like community programs, women's empowerment, education, and environmental conservation.
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Economic environment
The document discusses the economic environment and its importance for businesses. It describes the economic environment as consisting of macroeconomic and microeconomic factors that can influence business decisions. Macroeconomic factors affect the entire economy, such as interest rates, taxes, and unemployment. Microeconomic factors are more specific to individual businesses, like market size, demand, and competition. Understanding how the business cycle and international business environment impact economic conditions is also important for identifying opportunities and threats facing businesses.
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This document defines and compares international business and international business environment. It outlines the key differences between domestic and international business. It then discusses the various entry modes for international business, including import/export, licensing, joint ventures, and foreign direct investment. Finally, it analyzes the different components of the international business environment, such as political, legal, economic, technological, socio-cultural, and demographic factors.
Principles of business ethics
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While businesses have to meet economic expectations, they also have ethical responsibilities. Everyone, from the bottom to the top of the organizational chart, must take care to meet these responsibilities.
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The document discusses the international marketing mix and whether companies should standardize or customize their approach across different markets. It covers the key elements of the marketing mix - product, place, price, and promotion. While standardization can reduce costs, customization may be necessary when consumer tastes and regulations vary significantly between countries. The document provides several examples of companies that have both standardized and customized their marketing mix internationally.
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The document discusses the internal and external business environment. The internal environment includes factors within a firm's control like its values, mission, objectives, and management structure. The external environment is divided into the micro and macro environments. The micro environment includes suppliers, customers, marketing intermediaries, public, and financiers. The macro environment comprises the economic, social, political, legal, and technical conditions in a country that are beyond a firm's control.
EXTERNAL ENVIRONMENT
The document discusses the external environment that businesses operate within, including the micro and macro environments. The micro environment consists of suppliers, customers, marketing intermediaries, financiers, and the public. The macro environment includes economic, legal, technical, social/cultural, and political factors. Economic factors influence the business system and policies. Legal factors include applicable laws and court rulings. Technological factors determine the types of products, equipment, and quality used. Social and cultural factors shape values and work culture. Political factors relate to government policies toward and control/regulation of businesses. The external environment has indirect but significant influence on businesses.
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Chapter 2 : Management And Organizational Environment
Based on the document, the external environment refers to factors, forces, situations, and events outside the organization that affect its performance. It is important because it poses constraints and challenges for managers. Specifically, the external environment impacts jobs and employment, the level of uncertainty organizations face, and their stakeholder relationships. Understanding and managing the external environment is crucial for organizational success.
Impact of ethics on business
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systems, Ethics and social responsibility, Ethics and marketing,
Ethics in finance, Ethics in human resource, Ethics in information
technology, Intellectual property rights, Designs, Patents, Trademarks
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Corporate Social Responsibility
This document discusses business ethics and social responsibility. It defines business ethics as principles that guide acceptable conduct in business, and social responsibility as a business's obligation to benefit and limit harm to society. It identifies ethical issues as problems requiring moral choices. Common reasons employees don't report misconduct include fears of retaliation or not being taken seriously. The document outlines categories of ethical issues and questions to consider to determine if an action is ethical. It also discusses how individual values, management influence, and compliance programs shape ethical choices. Social responsibility involves economic, legal, ethical, and voluntary responsibilities to stakeholders.
03 ethical issues in business
This document discusses ethical issues in business. It outlines the three C's of business ethics: compliance with rules and laws, contribution to society, and consequences of business activities. Ethical issues can arise from conflicts between personal, organizational, and societal values. Examples of ethical issues include conflicts of interest, honesty and fairness, communications, and organizational relationships. The document provides classifications and examples of different types of ethical issues that can occur in business.
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Business environment means all of the internal and external factors that affect how the company functions including employees, customers, management, supply and demand.There are various factors that are included in internal and external environment.
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An organization interacts with and is influenced by its internal and external environments. The internal environment includes employees and corporate culture, while the external environment comprises general forces like political, economic, technological and social factors. An organization also directly interacts with external entities like customers, suppliers, owners and competitors through an exchange of resources and information. This interaction is reciprocal, as the environment also influences the organization.
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美洲杯投注-美洲杯投注买球官方官网-美洲杯投注比赛投注官网|【网址🎉ac10.net🎉】
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一比一原版(cwu毕业证书)美国中央华盛顿大学毕业证如何办理
原版一模一样【微信：741003700 】【(cwu毕业证书)美国中央华盛顿大学毕业证成绩单】【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
办理(cwu毕业证书)美国中央华盛顿大学毕业证【微信：741003700 】外观非常简单，由纸质材料制成，上面印有校徽、校名、毕业生姓名、专业等信息。
办理(cwu毕业证书)美国中央华盛顿大学毕业证【微信：741003700 】格式相对统一，各专业都有相应的模板。通常包括以下部分：
校徽：象征着学校的荣誉和传承。
校名:学校英文全称
授予学位：本部分将注明获得的具体学位名称。
毕业生姓名：这是最重要的信息之一，标志着该证书是由特定人员获得的。
颁发日期：这是毕业正式生效的时间，也代表着毕业生学业的结束。
其他信息：根据不同的专业和学位，可能会有一些特定的信息或章节。
办理(cwu毕业证书)美国中央华盛顿大学毕业证【微信：741003700 】价值很高，需要妥善保管。一般来说，应放置在安全、干燥、防潮的地方，避免长时间暴露在阳光下。如需使用，最好使用复印件而不是原件，以免丢失。
综上所述，办理(cwu毕业证书)美国中央华盛顿大学毕业证【微信：741003700 】是证明身份和学历的高价值文件。外观简单庄重，格式统一，包括重要的个人信息和发布日期。对持有人来说，妥善保管是非常重要的。
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
挂科购买【微信号:176555708】【挂科购买(UPenn毕业证书)】【微信号:176555708】《成绩单、外壳、offer、真实留信官方学历认证（永久存档/真实可查）》采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【我们承诺采用的是学校原版纸张（纸质、底色、纹路）我们拥有全套进口原装设备，特殊工艺都是采用不同机器制作，仿真度基本可以达到100%，所有工艺效果都可提前给客户展示，不满意可以根据客户要求进行调整，直到满意为止！】
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信号:176555708】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信号:176555708】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
留信网服务项目：
1、留学生专业人才库服务（留信分析）
2、国（境）学习人员提供就业推荐信服务
3、留学人员区块链存储服务
【关于价格问题（保证一手价格）】
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：客户在留信官方认证查询网站查询到认证通过结果后付款，不成功不收费！
Economic trends from a business point of view (May 2024)
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“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
13 Jun 24 ILC Retirement Income Summit - slides.pptx
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Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
TechnoXander Confirmation of Payee Product Pack 1.pdf
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
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What is an External Environment ?
- 2. Types of Environment ?
- 3. Types of Environment ? • Internal Environment • External Environment
- 4. External Enviornment • Factors outside-the organisation which provide opportunities or pose threats to the organisation. • Factors that can impact the ability of a business or investment to achieve its strategic goals and objectives. • Uncontrollable Factors
- 5. Macro Enviornment (PESTLE) • Refers to the external factors which affects company and its business and there is no control of compnay on these factors. • Types of Factors ⚬ Economic ⚬ Non Economic ￭ Political ￭ Demographic ￭ Socio Cultural ￭ Technological ￭ Natural
- 6. Macro Environment • Economic - • The Economic Environment constitutes of economic conditions, economic policies and the economic system that is important to external factors of business • Economic environment refers to the nature and direction of the economy within which business organisation are to operate.
- 7. Macro Environment • Non Economic • Political and Legal Forces • Refers to the Political government and legal environment. It has close relationship with the system and economic policy. • This refers to set of laws, regulations, which influence the businness organisations and thier operations.
- 8. Macro Environment • Non Economic • Demographics Forces • Demography Refers to study of the population. Demographic factors are as below. ⚬ Size of Population ⚬ Growth Rate ⚬ Family Size ⚬ Educational Level ⚬ Age Composition ⚬ Gender Composition
- 9. Macro Environment • Non Economic • Social Cultural Forces • Socio Cultural Environment is an important factor that should be analysed while formulating compnay business strategies. • These includes peoples attitude to work and wealth, ethical issues, role of family, marriage, religion and education and the social responsibilities of business.
- 10. Macro Environment • Non Economic • Technological Forces • Technological Forces or factors could be said to be the most pervasive in the environment. Technology refers to the application of knowledge base which science provides. It is a well established fact that information and communication technology has revolutionized business operations
- 11. Macro Environment • Non Economic • Natural Forces • The natural environment includes geographical and ecological factors that influence the business operations. These factors include the availability of natural resources, weather and climatic condition, location aspect etc.
- 12. Pestele Analysis • This is framework used to analyse the external environment analysis. the process entails learning about various external factors which affect the organisation. ⚬ Political ⚬ Economic ⚬ Social ⚬ Technological ⚬ Legal ⚬ Enviornmental