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Why do manager try to understand the environment within which their business operate?
One of the reasons managers try to understand the environment in which their business operates is because this can help them understand their local clienteles needs and expectations. It can also help a business to advertise more effectively.
What features should an effective business policy have?
A business policy defines how a company operates. An effective business policy must specific, clear and uniform. This will ensure there are no misunderstandings.
What is meaning and importance of strategic analysis?
Strategic analysis is "the process of developing strategy for a business by researching the business and the environment in which it operates." It is important because it helps a business determine how it can reach its goals using available resources.
What is the difference between a supervisor and manager?
Managers are people who make decisions on how a company operates and are responsible for the company as a whole. Supervisors are people who ensure staff work as the managers require them to and are only responsible for the staff they supervise.
Scope of strategic management?
Strategic management helps businesses focus on the overall direction of the organization. When a business operates strategically, their manager's decisions are competitive.
Why it is important for managers to understand the environment in which their business operates?
Helps managers to put into practice the principles underlying the process of management which inturn help him to see the interrelationship between particular theories of management and actual practice.
What is the difference between international business and domestic business?
An international business is one that operates in multiple countries. A domestic company operates in its original country without any ties to other countries.
What countries does the business Disney operate in?
Disney Channel operates in approximately 30 countries.
How do businesses operate in an ethical manner?
A business operates ethically when managers don't put profits over customers. Another way a business can operate ethically is by disclosing all business dealings.
Explain how the environment in which a business operates impacts upon?
The business environment impacts a business because managers have to make decisions based on what is going on around them. If the environment is fiercely competitive, then the business would have to respond appropriately.
Compare Domestic vs International business?
A domestic company is one that operates in its country of origin and an international company is one that operates in multiple countries.
Discuss the environments in which a business operates?
i want to know the environments in which a business operates i want to know the environments in which a business operates i want to know the environments in which a business operates
Why do manager try to understand the environment within which their business operate?
One of the reasons managers try to understand the environment in which their business operates is because this can help them understand their local clienteles needs and expectations. It can also help a business to advertise more effectively.
How many countries red cross operates?
The Red Cross operates in 186 countries.
What is definition of multinational firms?
Generally speaking, a multinational business operates in a number of different nation in the world. Its products and services are geared to the countries they operate in. For example, Coca Cola is a multinational business and gears its advertising to the culture of the nations it operates in.
How many countries does Microsoft operate in?
Microsoft operates in over 100 countries. (2006)
How many countries does asda operates?
what countries does asda operate in
