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How can you optimise the strength of south asfricas team in the business environment?
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How a business organization has responded to changes in the business environment?
A business organisation responds to changing business environment by strategic alliance,mergers,brand building,restructuring,modernisation,expansion in its vulnerabilty within the dimensions of the social,political,economic,technological,legal environment by SWOT analysis.(strength,weakness,opportunities ,threats) of all levels & components of the business environment.
Why do you study business environment?
The Business Environment is affected by various factors like: Economical factor,Demographic Factor, Ecological factor, Geographical factor etc etc.we have to study a business so that we all know the weakness and strength of it, and to know what is the advantage and disadvantage of it.To become a good businessman it is very important to know about business environment. BY HADIUZZAMAN
Discuss the nature significance of business environment in India?
An analysis of business environment helps to identify strength, weakness, opportunities & threats. Analysis is very necessary for the survival and growth of the business enterprise. The importance of business environment is briefly explained in an analysis below.(1) Identification of Strength: The analysis of the internal environment helps to identify strength of the firm. For instance, if the company has good personal policies in respect of promotion, transfer, training, etc than it can indicates strength of the firm in respect of personal policies. This strength can be identified through the job satisfaction and performance of the employees. After identifying the strengths the firm must try to consolidate its strengths by further improvement in its existing plans & policies.(2) Identification of Weakness: The analysis of the internal environment indicates not only strengths but also the weakness of the firm. A firm may be strong in certain areas; where as it may be weak in some other areas. The firm should identify sue weakness so as to correct them as early as possible.(3) Identification of Opportunities: An analysis of the external environment helps the business firm to identify the opportunities in the market. The business firm should make every possible effort to grab the opportunities as and when they come.(4) Identification of Threats: Business may be subject to threats from competitors and others. Therefore environmental analysis helps to identify threats from the environment identification of threats at an earlier date is always beneficial to the firm as it helps to defuse the same.(5) Exploitation of Business Opportunities: Environment opens new opportunities for the expansion of business activities. Study of environment is necessary in order to discover and exploit such opportunities fully.(6) Keeping Business Enterprise Alert: Environment study is needed as it keeps the business unit alert in its approach and activities. In the absence of environmental changes, the business activities will be dull and lifeless. The problems & prospects of business can be understood properly through the study of business environment. This enables an enterprise to face the problems with confidence and secure the maximum benefits of business opportunities available.(7) Keeping Business Flexible and Dynamic: Study of business environment is needed for keeping business flexible and dynamic as per the changes in the environmental forces. This will enable the development of business organization.(8) Understanding Future Problems and Prospects: The study of business environment enables to understand future problems and prospects of business in advance. This enables business organizations to face the problems boldly and also take the benefit of favorable situation.(9)Making Business Socially Acceptable: Environment study enables businessmen to expand the business and also make it acceptable to different social groups. Business organizations can make positive contribution for maintaining ecological balance by studying social environment.(10) Ensures Optimum Utilization of Resources: The study of business environment is needed as it ensures optimum use of resources available. For this, the study of economic and technological environment is useful. Such study enables organization to take full benefit of government policies, concessions provided, and technological developments and so on.(11) Ensures Survival and Growth: Business environment inform about suitable changes to be affected in business policies. This helps the business organizations to grow & prosper.(12) Maintaining adaptability to changes: Business environment guides the business organization about socio-economic changes & the organization must accordingly adapt these change. This enables the business organization to survive for a longer period.
SWOT Analysis pepsodent?
SWOT or the acronym for Strength, Weakness, Opportunity and Threats is done for the analysis of the external environment of a business. The business strength has to tackle with the available opportunities and to overcome the persisting threats in the market. For brands like Pepsodent, the analysis would include pre-view of the competitors like Colgate and many more and looking into what strategy do the competitors follow in making there brand stand out. In relation to this the strategy defining is done through the TOWS matrix.
What is the formula for brick mortar?
1000 brick and mortar (non e commerce business) = 1 click and mortar (e commerce business). 1000 brick - strength (physical in nature) weaknesses (time consuming to you and me) 1 click - strength (time effective and get variety) weaknesses ( products are not physical to touch and feel)
How a business organization has responded to changes in the business environment?
A business organisation responds to changing business environment by strategic alliance,mergers,brand building,restructuring,modernisation,expansion in its vulnerabilty within the dimensions of the social,political,economic,technological,legal environment by SWOT analysis.(strength,weakness,opportunities ,threats) of all levels & components of the business environment.
Why do you study business environment?
The Business Environment is affected by various factors like: Economical factor,Demographic Factor, Ecological factor, Geographical factor etc etc.we have to study a business so that we all know the weakness and strength of it, and to know what is the advantage and disadvantage of it.To become a good businessman it is very important to know about business environment. BY HADIUZZAMAN
What is the best way to evaluate business opportunities?
Undertake a SWOT[Strength Weakness Opportunity Threat] analysis for the enterprises internal and external environment.
Discuss the nature significance of business environment in India?
An analysis of business environment helps to identify strength, weakness, opportunities & threats. Analysis is very necessary for the survival and growth of the business enterprise. The importance of business environment is briefly explained in an analysis below.(1) Identification of Strength: The analysis of the internal environment helps to identify strength of the firm. For instance, if the company has good personal policies in respect of promotion, transfer, training, etc than it can indicates strength of the firm in respect of personal policies. This strength can be identified through the job satisfaction and performance of the employees. After identifying the strengths the firm must try to consolidate its strengths by further improvement in its existing plans & policies.(2) Identification of Weakness: The analysis of the internal environment indicates not only strengths but also the weakness of the firm. A firm may be strong in certain areas; where as it may be weak in some other areas. The firm should identify sue weakness so as to correct them as early as possible.(3) Identification of Opportunities: An analysis of the external environment helps the business firm to identify the opportunities in the market. The business firm should make every possible effort to grab the opportunities as and when they come.(4) Identification of Threats: Business may be subject to threats from competitors and others. Therefore environmental analysis helps to identify threats from the environment identification of threats at an earlier date is always beneficial to the firm as it helps to defuse the same.(5) Exploitation of Business Opportunities: Environment opens new opportunities for the expansion of business activities. Study of environment is necessary in order to discover and exploit such opportunities fully.(6) Keeping Business Enterprise Alert: Environment study is needed as it keeps the business unit alert in its approach and activities. In the absence of environmental changes, the business activities will be dull and lifeless. The problems & prospects of business can be understood properly through the study of business environment. This enables an enterprise to face the problems with confidence and secure the maximum benefits of business opportunities available.(7) Keeping Business Flexible and Dynamic: Study of business environment is needed for keeping business flexible and dynamic as per the changes in the environmental forces. This will enable the development of business organization.(8) Understanding Future Problems and Prospects: The study of business environment enables to understand future problems and prospects of business in advance. This enables business organizations to face the problems boldly and also take the benefit of favorable situation.(9)Making Business Socially Acceptable: Environment study enables businessmen to expand the business and also make it acceptable to different social groups. Business organizations can make positive contribution for maintaining ecological balance by studying social environment.(10) Ensures Optimum Utilization of Resources: The study of business environment is needed as it ensures optimum use of resources available. For this, the study of economic and technological environment is useful. Such study enables organization to take full benefit of government policies, concessions provided, and technological developments and so on.(11) Ensures Survival and Growth: Business environment inform about suitable changes to be affected in business policies. This helps the business organizations to grow & prosper.(12) Maintaining adaptability to changes: Business environment guides the business organization about socio-economic changes & the organization must accordingly adapt these change. This enables the business organization to survive for a longer period.
What did the Progressive movement draw its strength?
big business
Will happen to the strength of the concrete if impurities such as clay and silt occur in the sand?
it will be a good environment for salts which will occur in the strength of concrete
What is a change in the environment that may be of sufficient strength to initiate an impulse?
A Full Moon
Explain how customer focus and innovation can be special strength of small business?
a
Is joint venture a business strategy?
yes because different companies have an different strength they can utilize their strength together for an better growth
Why study business?
wehave to study a business so that we all know the weknessess and strength of it, and to know what is the advantage ang disadvantage of it.
Which of these refers to the ability of a business to survive adverse financial events?
Financial strength
What is the importance of developing forecast of the business environment?
(a) Determining Opportunities and Threats: The interaction between the business and its environment would identify opportunities for and threats to the business. It helps the business enterprises for meeting the challenges successfully. (b) Giving Direction for Growth: The interaction with the environment leads to opening up new frontiers of growth for the business firms. It enables the business to identify the areas for growth and expansion of their activities. (c) Continuous Learning: Environmental analysis makes the task of managers easier in dealing with business challenges. The managers are motivated to continuously update their knowledge, understanding and skills to meet the predicted changes in realm of business. (d) Image Building: Environmental understanding helps the business organizations in improving their image by showing their sensitivity to the environment within which they are working. For example, in view of the shortage of power, many companies have set up Captive Power Plants (CPP) in their factories to meet their own requirement of power. (e) Meeting Competition: It helps the firms to analysis the competitors' strategies and formulate their own strategies accordingly. (f) Identifying Firm's Strength and Weakness: Business environment helps to identify the individual strengths and weaknesses in view of the technological and global developments.
