How can the external Business environment impact or influence business ?
Q: 123. The major difference between the PLC model and the BCG's Product Portfolio approach is that: a)…
A: The PLC model refers to the product life cycle and the BCG model is the growth-share matrix of any…
Q: What are the 4 phase of Customer flow management system.
A: Introduction- For every business, customers are their lifelines without customers there is no…
Q: List three things a company should NEVER do when promoting an employee to a managerial position
A: Human Resource Management: Human resources management is the process of managing the human element…
Q: Several factors must be considered before major changes and decisions such as in the case of TMC as…
A: Decision making process means taking important choices . It means choosing the best alternative for…
Q: Explain and elaborate the challenges and solutions in Management Reporting
A: Management reporting can be a challenging task, requiring careful planning and attention to detail.…
Q: Explain the purpose of HRIS and its contribution to the productiveness in the human resource…
A: Information systems are specialized software used by organizations to collect, store, analyze and…
Q: Which morality varies W from one culture to another and that "right" and "wrong" are defined…
A: Morality is the main part of culture, which defines the cultural belief and differentiates the…
Q: evaluate using examples (1) motivation theory that a project manager can use to motivate their team…
A: Motivation can be defined as a driving force that affects the choice of the various alternatives in…
Q: Explain how immigrants became successful entrepreneurs?
A: Entrepreneurs are said as creators of innovative ideas, products or technology for market…
Q: which types of motivators are used most often in organizations?
A: Introduction- A time comes in everybody life where they needs some source of motivation to move…
Q: Cutting off employees would happen in an ethical matter, by that the company would respect the times…
A: It is always necessary to justify firing an operative. Any company that fires an employee "for no…
Q: How do personal relationships provide an important business advantage?
A: In business, we all have to work thoroughly with others to build our way to success. You may have…
Q: Explain Procter & Gamble (P&G) partnership.
A: A partnership can be defined as a business in which more than one individual is involved and all of…
Q: what is the importance of business ethics?
A: Business ethics directs to moral principles & social values that a company should embrace in its…
Q: Ashoka's Bill Drayton, Pioneer of Social Entrepreneurship Can a company do well and do good at the…
A: An entrepreneur is a person who takes the risk to start something new and innovative and earn…
Q: Discuss the importance of understanding leadership in context?
A: Concept Of Leadership - Leadership, is a concept, which depicts a unique kind of ability or…
Q: What are some examples of each type of motivator, and which is more powerful for leaders to use?
A: It explains why people or animals start, continue, or stop doing something at a specific time.…
Q: Your company is considering implementing a 360° appraisal system where up to 10 people in the…
A: The goal of a 360-degree feedback programme is to address a variety of issues in a business,…
Q: One way to eliminate some of the risk of your partners making costly mistakes that could jeopardize…
A: Partnership is a common way for businesses to be formed and operate. However, when you enter into a…
Q: Briefly explain small-business development centers (SBDCs).
A: Business gives the foundation to organize activities related to commercial and professional fields…
Q: How does Airbnb use social media based on broad reach and fast transmission to improve customer…
A: Customer loyalty is the result of a customer’s positive experience with a company or brand. This can…
Q: What is meant by business and identify potential risks and rewards?
A: Management has role to supervise business functions by using managers who are experts in their…
Q: In relation to logistics, refers to the movement from raw materials to end consumer. integration…
A:
Q: Why might an investor choose to become a partner in a limited partnership instead of purchasing the…
A: A limited partnership can be defined as a business in which more than one person is involved and…
Q: Provide a detailed description of how firms choose their employment levels in the short run.
A: In the short run, firms do not choose how much output to produce, or how much capital to use in…
Q: 1) Create a business scenario/description. 2) Based on the business description created, construct…
A: Business Scenario: It is the technique which helps to understand the business needs that the…
Q: "strategic planning is providing the long term game plan for a business". explain
A: Concept Introduction Strategic Planning act as an important tool or a roadmap in the organizations…
Q: Do you agree with Singh’s statement that in the future, companies will have to apply for skilled…
A: Recruitment task is associated with human resource management who involves in activities of hiring,…
Q: - Healthcare Administration. What part does internal analysis play in the development of value-…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: a) Outline a stress test approach that you would undertake to evaluate a business concept b) Luke…
A: Answer A) We develop the method and explain it with an illustrative case example in this conceptual…
Q: Review the AS ISO 31000:2018 Risk Management – Guidelines. 1. Outline the purpose and key features…
A: Risk is an important part of a business. An enormous amount of data is being processed on a daily…
Q: Q1. Discuss the concept of Corporate Social Responsibility? How does an organization implement CSR…
A: CSR: Corporate social responsibility is the practise of self regulation which aims social…
Q: Angel Medina wants to purchase her Aunt’s beauty parlor. Because it is an ongoing business, Angel…
A: A business plan is a written summarized document that contains the financial and operational…
Q: Coca Cola called the new structure a “team-based operating model” that would create new roles for…
A: In an organization all the decision making process will be carried by the top management, and…
Q: (i) analyse the challenges of each option (i.e. orientation/socialization programmes vs. RJP); (ii)…
A: RJP is the tool used for recuritment. It is used to communicate both good and bad aspects of job. It…
Q: r risk assessment report may recommend for the relocation of a development project to anothe
A: A subjective or quantitative way to deal with decide the nature and degree of calamity risk by…
Q: |f a potential customer has a concern or objection, what should a salesperson do? U A) Review the…
A: While buying a product a potential customer has a lot of concerns and objections in mind related to…
Q: In Theory X, the assumption is employees dislike work O Avoid responsibilities are optimistic O can…
A: MOTIVATION: Motivation is the process of boosting employee morale for high performance and…
Q: GCTU management realized that a newly designed performance management system for their support staff…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Revising organisational structures is often perceived as a way to improve efficiency, promote…
A: Organizational Structure: It is a system that defines how activities such as task allocation,…
Q: What is the overall potential ease of new entrants in the tourism industry
A: The tourism industry is a highly competitive field, where success depends on many different factors.…
Q: five advantages of outsourcing
A: Outsourcing refers to the commercial practice of including a third party to provide services or…
Q: 1. How does organizational barriers, Emotional barriers, psychological barriers , cultural barriers…
A: Customer service is the process of providing assistance and support to customers or clients. It can…
Q: Visionaries are born. Entrepreneurs are made.” Explain reasons why you agree or disagree with the…
A: A visionary is someone who can see the future and has a clear picture of what they want to achieve.…
Q: e. Assume management decided to convert from a manual system to QuickBooks halfway through a year.…
A: Many businesses begin with a paper-based accounting system. This technique helps most entrepreneurs…
Q: What facility will be required by the incident to support the responders, who will be there for…
A: Incident response system is an effective mechanism this is for to…
Q: Examine special types of businesses, including S corporations.
A: Business is a firm or enterprise that is involved in commercial activities . It is an occupation…
Q: What is the difference between emotions and moods? A. Emotions are positive, moods are negative.…
A: Note: Since you have asked multiple sub-parts questions, we will answer the first three subparts for…
Q: Define the term merger.
A: Organizations function and operate in a competitive environment. For the purpose of survival and…
Q: Suppose that XYZ discontinues the product line and that the company places ads in farmers' trade…
A: Ethical implications are defined as a set of principles that guide an individual or organization's…
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- explain the components of business enviroment and why they are vital for business successWhat role does the political environment play in shaping the business environment? How do government policies, regulations, and stability impact businesses?How does the political and legal environment impact businesses, and what are some key factors to consider in this regard?