PPT-Understanding Business Business Environment

Business Environment Higher Business Management Internal Factors Factors Corporate Culture Decision Making Types of Decisions Models ICT External Factors PESTEC Stakeholders Conflicts Contents. Principles of Marketing Week 4. Learning Objectives. The Market. Defining the Market. Understanding and Approaching the Market. The Market is…. Types of Markets. Learning Objectives. The Buyers. Defining the Market. “Education: That which discloses to the wise and disguises from the foolish their lack of understanding.”- Ambrose Pierce. Interpreted by Dr. Rich Hawkins and Dr. Deborah . DeLuca. Presented . By:Laura. HEAD FOR SUCCESS. Topic 5: . Macro environment – . B. usiness Strategies. TERM 1. MACRO ENVIRONMENT – BUSINESS STRATEGIES. Types of Business Strategies. Integration strategies. Usually applied when a business sees an opportunity to solve a challenge by shortening the distribution channel of the product by combining two or more links in the channel.. and. Gene-environment correlation. Charlotte Huppertz. VU University . Medical Center Amsterdam. Netherlands Twin Register. Book recommendation. Chapter: “The interplay between genes and environment” . INTRODUCTION. The term international business is very wide because it involves wide range of activities across national boundaries. An enterprise has to operate business activities with all these factors which exist outside or near any unit. This is called environment. . Mr. Flannery. MyEdAp. + Home Learning. 2 New quests . Contribution to the economy (due by Friday). Business Environments (Due by Friday). Will only take you 5-10 minutes each quest. Be prepared to discuss answers in class. Assessment . of the . Environment. . (Internal and External. ). Ms. Faith . Moono. . Simwami. mo.simwami@gmail.com. 1. THE MEANINING OF THE BUSINESS ENVIRONMENT. The external environment is everything outside an organization that might affect it. . Contents. Definition. – Business Environment. 2. . Classification of Business Environment. 3. . Micro Environment. – Suppliers, Business Associates, Customers, Regulating Agencies, Competitors, Investors and Stakeholders, Laborers. “. The actors and forces outside marketing that affect marketing mgt’s ability to build and maintain successful relationships with target customers” – . Kotler. . Today's markets change rapidly and marketers need to adopt their strategies and to meet new challenges and opportunities. Environment Protection Act and Rules, 1986 Capacity Development Program in Environment Management K.J. Somaiya College of Science and Commerce - Adv. Dr. Sadhana Mahashabde Introduction The period of 1970s experienced an ascend globally in industrialisation leading to degradation of the environment at a very high pace. ENVIRONMENT. Environment - the social and cultural forces that shape the life of a person or a population.. ENVIRONMENT. How can environment impact human response?. Past Environment. “I come from …….. 1.BUSINESS ENVIRONMENT DEFINED. All those internal & external factors which affect the function and performance of firm and its decision making particularly strategies.. In a broad sense, business environment includes internal and external factors.. Entrepreneurship Development and Industrial Consultancy (DBM-421). What is business? It . is referred to as an organized effort of enterprise to supply consumer with goods and services for a profit. .. Nature and Significance of environmental analysis for business decisions.. Dimensions of Business Environment.. Economics. Technological. Socio-Cultural. Political. Legal-Regulatory. Demography. Environmental and Societal .