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Meaning of industry analysis?
Industry analysis is used by businesses to determine their current environment. It helps a business understand the marketplace and how to gain an edge competitively.
Why are strategic decisions important?
Management thinking says that strategic decision is important to chart out the path of companies in the long term. The "long term" depends from industry to industry. While long term for Intel may be 5 yerars but long term for a steel industry may be 20 years. On the contary black swan theory says that the external environment is changing so fast and unknown event change the course of industry/country etc that strategic decision and of no use.
What is capital of small scale industry?
the minimum paid up capital of a small scale industry should be 5 lakh
What is the upper limit of the financial investment which separates a small scale industry from large scale industry in India?
it is 5 crore
What are the primary internal and external organization considerations for the development of a strategic plan?
The primary external organization considerations for the development of a strategic plan are the remote environment, industry environment, and the operating environment. The operating environment includes the firm's competitors, suppliers, laborers, and anything related to the operation of their company. Industry enivornment includes entry barriers, competitive rivalry, and buyer and supplier power. Remote environment include political, economic, social, technoligcal, and ecological factors. I think the most important consideration is remote environment because it sets the stage for how the company is going to run and what the economy and given nation is in need of. They're strategic plan will be built around different opportunities, threats, and constraints based on the remote environment. Courtesy of UOP student post
What has been the impact of the macro environment on the tobacco industry over the past 5 years?
The impact of macro environment on the tobacco industry has significantly increased over the past 5 years. This has resulted into more production due to the expansive market for tobacco and other related products.Ê
Explain how the general environment and the industry environment are highly related how can such relationship affect the profitability of a firm or industry?
The general environment includes factors like economic conditions, socio-cultural trends, and technological advancements that can impact the industry environment, which consists of competitors, suppliers, and buyers. Changes in the general environment can create opportunities or threats in the industry environment, influencing the profitability of a firm or industry. For example, a recession in the general environment may lead to reduced consumer spending in the industry environment, affecting sales and profitability.
How industry help to save environment?
Industry is somewhat helping. It is creating environment friendly products.
Impact of it industry on environment?
Industries mostly contribute to the pollution of the environment.
The impact of the battery industry in human kind and the environment?
The impact of the battery industry in human kind is very beneficial and allows for new technologies. However, it causes pollution and radiation to the environment.
What is green industry?
Environment friendly industry. Green Industry is producing environment friendly products or products which should help improve nature conditions to better. And also during working process cause minimal damage to environment. Green industry ought recycling waste of working process (cutting) and recycling waste energy (heat). Green industry ought to reach wasteless working process. The green industry is focused on eliminating or significantly reducing dependence on oil, green house emissions, and toxins.
Strategy and safeguard environment in hospitality industry?
going green, ecotourism
What is the effect of small scale industry in environment?
errrm it is very big
How did industry and technological influence life and affect the environment of the northeast?
girls
How did industry and technology influence life and affect the environment of the northeast?
girls
How does our dependence on the petroleum industry affect the environment?
i cant i need help?
What the disadvantages of system approach?
Disadvantages of system approach that it is rigid, if there is any change in the environment, it will react quite slow and this approach is good for manufacturing industry but not service industry which require to adopt to the external environment.
