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It is an imperative that when formulating Operational plans the environments in which the business operates in are considered, identify the environments and the tools used to analyze the impact of environment each on planning -
There exist a number of techniques to scrutinize the effects of surroundings and PESTEL and SWOT analysis are one among the several. First of all, the SWOT paradigm can be coined as a means to underline the strengths (i.e. factors that help in achieving objectives), weaknesses (i.e. internal forces that obstruct the path of goal accomplishment), opportunities (i.e. external forces which are beneficial for the corporation) and lastly, threats (i.e. external factors that could have negative bearing on the firm) linked with the corporation (Hill and Westbrook, 1998). Going further, PESTEL which encompasses Political, Economic, Social, Technical, Environment and Legislative forces is regarded as a indispensable tool for understanding the environ, where the corporation operates along with the opportunities and risks related to it.
Quality Management Principle 1. Define the term Quality. 2. What is the objective of Reliability? Discuss various issues involved in ensuring Reliability. 3. What are the
QUESTION 1 (a) What is meant by controlling? Why is it needed in organisations? (b) Discuss the different steps in the process of control. What are the essential requirement
Problem 1: "ISO 9001:2000 is an international standard having wide positive effects regardless of the underlying mechanism." Discuss. Problem 2: Describe: (i) Five ste
QUESTION If you were to write a letter of resignation, which of the following introductory paragraphs would be the most suitable. A ) I have accepted another post. I am s
Bags R Us Ltd P&L Account for Bags R Us, year ended 31 st March 2008. $ $ Sales ($35 * 3,000) 105,000
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What are the types of different barriers to successful communication? Various barriers to successful communication are as illustrated here: a. More levels within the organis
Does marketing solely to increase profit?
QUESTION a) What do you understand by the term "Web Hosting"? Briefly describe two advantages and two disadvantages of having an independent Internet Service Provider to host y
QUESTION New Zealand refining Company refines bulk petrol and oil imported for use in this country. Due to its unique nature of its operation, it often needs specialist technic
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