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COMPONENTS of the BUSINESS ENVIRONMENT

The key for business achievement or success requires two elements – the individual and the environment. Absence of either value makes the goal unachievable. All components of a business environment have a direct or indirect relation on business. The outside factors, forces that cannot be controlled by an individual business enterprise and their management and have the capability to influence the business enterprise is termed as ‘Business Environment’. It includes every exterior forces within which a business organizations functions. Working […]

Improving Performance through Cross Function Teams

Singer Sri Lanka started its operation in 1872 in Sri Lanka and is a Company that has grown over the years into a benchmark entity in Sri Lanka in terms of popularity, modernity and reach. Singer today is synonymous with quality, wide reach, and wide product range across diverse lines and wide appeal to consumers across the entire spectrum of buying power. With its inception through the sewing machine, Singer’s product portfolio has diversified to encompass a highly successful multi-brand […]

How to Develop a Market for the Ha Kim Hai Company

TOPIC: How to develop market of Ha Kim Hai Company. I: Introduction………………………………………………………..3 II: S.W.O.T analysis……………………………………………3 III: Main what is market development …………………………….3, 4, 5 1: problem and solution 1………………………………………3, 4 2: Problem and solution 2……………………………………….4 3: Problem and solution 3……………………………………….5 IV: Advantage of Ha Kim Hai Company………………………………………4 V: Disadvantage of Ha Kim Hai Company…………………………………….5 VI: Conclusion………………………………………………………..5 Introduce about Ha Kim Hai Company: Ha Kim Hai Co., Ltd. is a professional logistic company in Vietnam. It provides services and comprehensive […]

How Competitive Forces Shape Strategy

How Competitive Forces Shape Strategy In 1979, a young Harvard Business School associate professor published his first article for HBR, How competitive forces shape it to strategy? In subsequent years, the explanation of Michael Porter's five forces that determine the long-term profitability of any sector formed the basis of a generation of academic research and business practices. In this article, Porter reaffirms and extends its rigorously classic work on strategy development, and includes substantial new sections that show how to […]

Funding in SME’s and the Risk Faced

Funding in SME’s and the risk faced. Risk management and SME 2.1 Definition of SME Hermann, 1996 ; “Small and medium sized enterprises (SME) differ from large corporations among other aspects first of all in their size. Their importance in the economy however is large”. There are different definition of SME’s but most commonly the firm should have up to 250 employees and jobs in small and medium enterprises accounts of 50% of formal employment in developing countries (Ayyagari et […]

General Motors Corporate Profile

1.0 General Motors Corporate Profile General Motors Corporate (G M) one of the world’s largest automakers, was founded in 1908, and today manufactures cars and trucks in 34 countries. With its global headquarters in Detroit, GM employs 244,500 people in every major region of the world, and sells and services vehicles in some 140 countries. In 2008, GM sold 8.35 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, […]

Global Factors Impact on Topshop

Global factors impacting on UK business organizations Assignment 2 Task 1 Introduction Selecting an international UK company as an example to study and analyze the case. Topshop is my choice to illustrate the evidences that meet the criteria stated below. 4.1) Significance of international trade to UK business organizations International trade refers to the exchange of capital, goods and services across borders. Countries engage in trade only if the gains outweigh the costs. Significance of international trade to UK business […]

Globalisation Assignment – Malaysian Small Business

Introduction Globalization is the integration of economics, such as exchange information, products and money throughout the world. Globalization and socio-economic development would contribute to increase in economic growth and wealth. From a business perspective, globalization opens many markets to the businesses. However, globalization, similitude culture, governance system and gap of economy that became the challenges to small businesses. In Malaysia, small businesses hardly get attention on economic development, although they act as a significant role in Malaysia’s economy, which provide […]

Global Supply Chain Management is Becoming the Main Issue of Businesses

Due to the globalization and increase in the offshore sourcing activities, global supply chain management is becoming one of the main issues of several businesses. Global supply chain gives importance to the company’s worldwide interest rather than concentrating on the local and national market place. There has been a considerable expansion in global supply chain especially in the field of automobile and computer industries (Taylor, 1997; Dornier et al., 1998). This growth in the globalization motivated the interest of various […]

Hankook Tire Global Business

I. Company Analysis 1. Basic Overview The January 2010 issue of Modern Tire Dealer magazine published the 2009 sales data for the global tire industry, and Hankook Tire placed seventh on the list for the fourth consecutive year since 2006. Sales have grown an average of 13.9 percent annually for the past decade, bringing the cumulative rate to 133 percent for the period. More than 70 percent of the revenue is earned outside Korea. 2. Financial Overview Hankook Tire Co. […]

Financial Decision Making in the Workplace

The purpose of this report is to prepare an analysis of the financial performance and position of Easyjet plc in comparison with that of Ryanair plc. The CORE model approach was used in preparing a review of each airline’s annual accounts with selected ratios applied to evaluate compare, contrast their financial performance. An analysis of Easyjet plc performance and position against Ryanair plc confirms the following key findings. The principal finding from this report is that the current finance strategy […]

Evaluation of Market Structures

Evaluation of Market Structures 2.1 Explain how Economic Systems Attempt to Allocate Resources Effectively: Economic system definition: I will define Economic system as, A system in which a nation allocate its recourses and distribute good and services in the national community to satisfy the needs of the society. The element of economic system is people. government, different sector and different markets, this system answer the three basic economic questions. What to produce? How to produce? For whom to produce? Effect […]

Explain the Impact of the Internet on the Macro-environment

Explain the impact of the Internet on the macro-environment. The macro-environment takes a broad perspective of the factors that influence a firm’s strategy and performance. Evolving trends in the macro-environment can present significant opportunities and threats to a firm’s strategy. Therefore, at the outset of any strategy formulation, it is useful to analyze the trends that characterize the macro-environment in its different dimensions: political, legal, economic, social and technological. The political and legal environment The political and legal environment relates […]

Environmental Analysis of the Tourism Industry

The TUI is a global leading leisure travel group intending to provide customers with a wide choice of differentiated and flexible travel experiences to meet their changing needs. This course work explains the various strategies being used by this organisation. Strategy includes perspective, position, plan, and pattern. Strategy is the bridge between policy or high-order goals on one hand and tactics or concrete actions on the other. Strategy and tactics together straddle the gap between ends and means. In short, […]

Analysing a Company: DHL

The aim of this strategic planning document is to thoroughly analyze a company and based on the analysis find the right strategy that fits the company’s business purpose and mission. The right strategy, depending at what is directed, should help the company strengthen its position on the market; increase profits; help with further development. If a company implements a wrong strategy, it can cause bad damage or it can have huge financial impact on the company which could even end […]

Developing Strategic Management and Leadership Skills in Virgin Atlantic

TASK – 1.1 Apart from its other management strategies, Virgin Atlantic has used Porter’s basic strategies to dwelling itself in the marketplace.A A Accordingly, a corporation positions itself by consuming its strengths.A Today, more and more people and collections are struggling to be known in the business arena.A With this objective, these supervisions had been able to adeptly and effectively adjust to the situation in the market place by using general strategies that enhanced their enthusiasm.A There are five different common strategies that […]

Competitive Advantage in the Industry

Introduction The Blacks Leisure Group is operating in one of the most competitive industries today. The leisure industry encompasses a range of services and products such as horse racing, fitness classes, casinos, cinemas, music concerts, water sports, land sports, videogames, bird watching and others. However, these products may be classified under the following major categories; tourism, sports, recreation and hospitality. Owing to the diversity in this industry, it is very necessary for Blacks Leisure Group to familiarize itself with all […]

Business Strategy Review of Bonner Paints

Jim and Bill Bonner set up a medium size paint company named by Bonner paints. But they have about average sale during last several years and earning average profit for last several years. Now they want to get retirement from their business. They also have a good team for their business which is very loyal to their business and they want to sell their business to their senior managers Tony Edmunds working as sale and marketing manager, Vernon Smith working […]

Case Analysis: the Honda Effect

The two reports of BCG and the insider’s account have a number of differences specified below: The BCG report is a very brief report which just gives the overview of the entry of HONDA in the US market and explains how the market was and outlines the competitors like Harley Davidson etc. While the insiders account is a direct detailed narration which specifies the target market (Los Angeles) and also encounters the challenges they faced while entering in the market( […]

Change & Continuity in Contemporary Business

Change & Continuity in Contemporary Business Executive Summary The Global Business arena is a vast area. Since of late many competitors are taking the stage. At the same time many have left the arena defeated. This arena has a landscape which keeps changing constantly. Since the beginning of the 21st century the landscape has begun to shift evermore rapidly causing competitors to fall victim. Some recover and keep fighting for markets, while others leave the arena for good. This report […]

Individual Report on Business Game

Introduction The game of the business strategy is computer based game which is played online by a group of member formed in it. In this business strategy there are lot of industries were there as in the game one would run or imply the decisions of the footwear company which would be given the competition by various other firms like januty footwear, ashuru, corporate lobby shoes, L company, Dynasty, in sprint, Elite footwear ltd., K company, glaxer, CCLEO, and H […]

Big 4 Snacks – Business Plan

Big 4 Snacks Business Plan Executive Summary The year 2014 marks the birth of a small, promising company which was founded by four members aiming to be the leader in providing biscuits to other retailers as well as final consumers. At present, the company buy its stock form One up Wholesaler which is located in the central suburbs of Cape Town. The company would like to register its business with the respective authorities and achieve a legal business […]

Budgeting and Alternative Budgeting Techniques

1. BUDGETING 1.1Introduction It is critical that business develop plans for the future. It is unlikely that a business will achieve whatever they set out to do unless its managers are clear on what the future direction of the business in going to be. According to Atrill & McLaney (2012), the development of plans involves, establishing the missions and objectives, undertaking a position analysis, identifying and assessing the strategic options, selecting strategic options and formulating long term strategic plans. The […]

Assessing the Business Performance of Metricum

Based in the east of England, Metricum is now a well established international SME founded 28 years ago. Their international activities are complex with manufacturing bases in Sweden and China and a wholly owned subsidiary in Romania from which they source raw materials. Currently the Romanian firm is running at just 20% of capacity, but a great deal of effort is being made to build linkages between the design teams in the U.K and Romania where they have high potential […]

Assessing the Performance of the Royal Mail

The Royal Mail (RM) is the national postal service for the United Kingodm, it was founded in 1666, and is a public limited company owned by the British government, in affect a Quango. ‘The RM is responsible for universal mail collection and delivery in the UK. Letters are deposited in a pillar or wall box, taken to a post office, or collected in bulk from businesses. Deliveries are made at least once every day except Sundays and Bank Holidays at […]

Analysis of the Strengths, Weaknesses and Threats of FedEx

FedEx Corporation (FedEx) provides a comprehensive suite of services such as transportation, e-commerce and business services. The company offers printing, copying and binding services as well as video-conferencing services. The company has presence in more than 1,950 locations worldwide including Australia, Canada, China, Japan, Korea, Kuwait, Mexico, the Netherlands, the United Arab Emirates, the UK, and the US. These locations include 135 locations in seven foreign countries, as well as 30 commercial production centers. The company classified its operations under […]

ANALYSIS the ROLE of HONDA and HONDA KINETIC

1. Globaliztion & international trade theories Explain Globalization is the process of creating relationships, interactions and integrate among the economies, societies, cultures, people, companies, and government of the different countries, a process driven by international trade and investment support by information technology. This process is influence on environment, on cultures, on economic development, international trade and human well being in the around world. As result of the globalization changes came into effect in various aspects; Economic (international trades) Political Cultural […]

Analysis of Creative and Innovative Management

The good organizations become best by adopting innovation. It is more than an invention as it also includes an attitude that encourage new concepts and risk attach with that new concepts. Excessive investments are not needed if a company has awareness about innovation and can use it to create products with unique features. So they create a friendly behaviour for new concepts, ideas, risk, change and even failure (Fortune, March 3, 1997). Managerial innovations are those adjustments in the process […]

A DETAILED REPORT on GLOBAL AUTOMOBILE INDUSTRY

With the increased competition and globalization, the automobile industry is changing its face dynamically with major players in the market in order to gain the maximum market share with the implementation of business strategies, models and standards. Honda Motor Company is a multinational Company. Honda Company started in Japan at the early first time. Then, Honda Company starts to spread to other nation such as Europe, United State, and Asia. How can this company structure itself so successful? Honda Company […]

Brewery Industry in Europe

CHAPTER 1: INTRODUCTION Overview This paper consists of seven chapters: Chapter 1 explains the aim of the given topic, describes the brewery industry in Europe, and focuses the development of the brewery industry and polish economy after the fall of a communism in 1989 In chapter 2 I decided to present a theoretical background of the strategy and macro-environment theory Chapter 3 focuses the research methodology and approach that was taken in order to analyse it Chapter 4 describes the market […]

Competition Essays