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Question :
Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of the external environment. It is usually advisable to give both aspects of the business environment equal importance when trying to analyse business environment.
(a) From the above statement, explain what you understand by the term internal environment of an organisation.
(b) Describe the external environment using as justification an organization of your choice and explain how managers can reduce the influence of the specific external environment on their organisation?
VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000
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1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
Hindustan foods a leading manufacturer of food products, recorded sales of Rs 445.6 crores and a net income of Rs 54.57 crores in 2003. The company manufactured fruitcakes, cookies
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The aims of this assignment are for you to: Develop your understanding of the nature of the key organisation perspectives and their related theories. Demonstrate an understa
Evaluate the importance of business processes in delivering outcomes based upon business goals and objectives. 1) How would you classify the GE culture in terms of the
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