...with usage of limited resource in achieving optimal output hence it involves the prudent rationing of scare resource to production sectors that have the ability to yield the most returns all things being equal, However in the market concept the intention of the producer and supplier is to meet the needs of the customer or buyer hence that informs the producer where he should channel the available limited resources; because his or her inability to know the buyers interest directly or indirectly affects his profit margin therefore the need to study the power of the customer with regards to purchasing power and the need to fish out their interest at any given time in the production process. A thorough search has come up with the following factors as those that have the ability to influence a business windfall or profit margin in firms .Substainability of industry profit is a yardstick through which an organization can fulfil it aspirations. It can be daunting for business owners even to consider sustainability when they have other things to think about the day to day operations of the business. To be effective , sustainability needs to be worked into a business core strategy. This means starting with the executive discussions at the top level and ensuring that priorities trickle down to the lower level. Profit is the life blood of every sustainable organization to operate in the competitive environment. The following outline the signal for profit in an organization. Power of input...
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...affect the decision of the foreing expansion and the choice of the industry location. This paper illustrates the major factors that should influence such decisions. There are several types of observations, how to decide for a specific location for a company. This dicision depend strongly on the activities of the company, in other words with what type of business profile this company identifies itself. There are two major categories in our global observation what a company can be. The first one is the firms that have industrial backround, like goods production. Second one is companies that are based on service. This second category is not descused in this paper due to the less importance of the site selection decision, because it doesn’t matter whether the whole business process is situated at the same location. The communication technologie open the facility to be successfully performend even on different continet. In this paper I will be focused on the industrial corporates that is willing to take the decision of locating its factory somewhere in the global/international trade zones. Introduction How many factores and what factores are the key criterias that influence corporates’ international location decision? A key decision corporations must make is conpanies’ location selection. The attantion has been increased regarding taking such decision, as companies begin to take in concideration how its location can affect the performence and future prospects for a...
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...External Conditions and Associated Risk Factors Sarah A.T. Harris HiNursing Hawaii Nursing LLC (HiNursing) is a nurse staffing company that operates under HiHealthcare, which is a subsidiary of The Hawaii Group family (HiGroup). HiNursing is a legacy of Scott Craun, RN and the company he started, Island Nurses, which was acquired by HiGroup on December 1st, 2012 (Silverstein, 2012). The company provides registered nurses (RN), certified nursing assistants (CNA), and medical assistant (MA) positions statewide to places like hospitals, clinics, assisted living facilities, hotels, schools, insurance companies, and correctional facilities (HiHealthCare, 2014). A staff of six people currently work underneath the umbrella of HiHeathcare and oversee HiNursing and HiHomecare, its sister company. HiNursing currently has a highly dynamic compliment of approximately 25 nurses that they use to staff various facilities throughout Hawaii. When the company was first acquired in 2012 they had 73 nurses available for placement around the islands (Silverstein, 2012). The company saw approximately $1 million in revenue for 2012 and an estimated $2 million in 2013 (Silverstein, 2012). None of the companies under HiGroup is publicly traded. HiNursing is still trying to build a brand name but they are committed to fulfilling the last wishes of Scott Craun who established a fund that annually sends Multiple Myeloma cancer patients to the mainland for treatment. Every year HiNursing participates...
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...years, many companies have increased their presence in the international market. This paper studies the companies need for internationalisation as it focuses on the factors companies must consider before entering new markets or expanding abroad. Many factors that lead companies to invest in the international market have been identified. The research is based on theories. Internationalization factors that motivate companies to establish themselves abroad will be included in the theories. The identified categories include of resource, market, strategic resources, efficiency and seeking motives. Network seeking motives has been identified as an additional motive. The research was conducted based on the qualitative approach. Existing information of related to the motives for internationalisation and the factors to consider before internationalisation were used. The secondary material includes peer-reviewed journals, international business books and research papers. A case study of Chrysodalia Ltd was used to explain the PESTEL and SWOT analysis. Based on the case, it is concluded that companies internationalised in order to increase their competitive advantage. Companies rely on factors, which include Resource seeking, Market seeking, Efficiency seeking, Strategic asset seeking to create competitive advantage in an already saturate market. The factors that the company should consider before internationalising are proactive motivations such as home factors, external factors, and product...
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...Apply Qantas as an Australian company increasingly operating in a global world investigating how the various macro-environmental (uncontrollable) factors impact the marketing mix (controllable) factors. Qantas was founded in 1920 and initially known as the Queensland and Northern Territory Aerial Services Limited (Qantas). It is regarded as one of Australia’s strongest brands and worlds’ leading long distance airline nationally and internationally. Qantas’ business is mainly constructed by the transportation of customers using both their airline brands Qantas and Jetstar as well as operating in other subsidiaries such as Q catering, frequent flyer, freight enterprises as well as other airlines (Qantas, 2013). It employs 33,000 people with 93 per cent of these employees being based in Australia (Qantas, 2013). Recently, Qantas has undergone changes that have threatened and seen Australians question if Qantas will remain an Australian brand. Reports have demonstrated 1000 jobs being cut due to restructuring of international arms as well as the decision to move Australian jobs offshore. Qantas has implemented plans to strengthen international ties particularly in Asia by funding start up airlines internationally. The global market is continuously evolving and as Bernard et al. stated ‘firms that are engaged in international trade are larger and more productive than the ones that serve only domestic markets’ (2007). However, the Federal transport Minister Anthony Albanese has stressed...
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...Confidential MARC WENN LUXURY GARMENTS & ACCESSORIES Business Plan ©2015 www.marcwenn.com 1.0 Executive Summary MARC WENN will be run as an online fashion business which provides luxury garments and accessories, without the luxury price tags. The business is at its start-up stage with business operation which commenced less than six months. The businesses made over £8,500 within two months of its business operation and currently have about 40,000 followers on major social media such as Instagram, Twitter and Facebook. Its business strategy is designed to deliver e- commerce business and online shop which is gradually replacing the traditional shop premises on the high streets, as a way of reaching the target market. The business is positioned to provide a strong brand identity that is able to affect customers’ behaviours by building emotional connection that is able to reinforce buying habit. The business is named MARC WENN to differentiate its various products from similar offerings, hence attract customers to the business and draw traffic to the business online shop. The increase in the use internet and speed of browsing in our society will provide a huge opportunity for this business to strive. More and more users especially among younger target customers have access to the use of internet for variety of fulfilling purposes, including for shopping. Currently, the main demographic for the business is male age 18-30. The business hopes to extend this to...
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...Visit smallbusiness.yahoo.com, google.com or any other search engine to find out at least four e-commerce companies that are successful and failure. Identify and discuss briefly the factors that contribute for their successfulness and failures. Four (4) types of successful e-commerce companies. Amazon.com At first glance, it appears that this site is very focused on selling (as they should be), but if you notice, there is much more there than simply “Click here to buy this book”. There are: •Excerpts from the books for sale •A list of the 100 “hot” books, updated hourly •The top video and audio sellers for the day •Reviews both by other customers and professional reviewers •Author interviews •Contests Amazon.com relies heavily on content to promote return visits and sales. They encourage their customers to review the products and provide live testimonials. Some customers will return to this site, simply because of the reviews and other Question 2 Define “social e-commerce” and describe why it is a new form of advertising, search, and potentially commerce. A working definition of “social e-commerce” involves online commercial transactions that take place in an online social milieu involving friends, acquaintances, and others in the consumer’s social network. In many respects this is similar to a traditional village market where consumers search for, evaluate, and purchase products, in the presence of their social network members (families, friends, and...
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...Individual work Question 1 Visit smallbusiness.yahoo.com, google.com or any other search engine to find out at least four e-commerce companies that are successful and failure. Identify and discuss briefly the factors that contribute for their successfulness and failures. Four (4) types of successful e-commerce companies. Amazon.com At first glance, it appears that this site is very focused on selling (as they should be), but if you notice, there is much more there than simply “Click here to buy this book”. There are: •Excerpts from the books for sale •A list of the 100 “hot” books, updated hourly •The top video and audio sellers for the day •Reviews both by other customers and professional reviewers •Author interviews •Contests Amazon.com relies heavily on content to promote return visits and sales. They encourage their customers to review the products and provide live testimonials. Some customers will return to this site, simply because of the reviews and other Question 2 Define “social e-commerce” and describe why it is a new form of advertising, search, and potentially commerce. A working definition of “social e-commerce” involves online commercial transactions that take place in an online social milieu involving friends, acquaintances, and others in the consumer’s social network. In many respects this is similar to a traditional village market where consumers search for, evaluate, and purchase products, in the presence...
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...Internal & External Factors Paper Osvaldo Lopez MGT/230 06/17/2015 Tricia Stewart Internal & External Factors All successful organizations are affected by internal and external factors. These internal and external factors have an impact on the organizations four functions of management. The organizations that better adapt to these factors are the organizations that are the most successful, the more profitable and the companies that have will be around for a long time. AT&T is a company that has been around since the 1800’s and has been able to adapt to these internal and external factors that in a lot of cases affect the four functions of management, which are planning, organizing, leading and controlling. One of the four functions of management is the planning stage, which is setting up short term and long-term goals. Historically as the book states this is the time were executives set up business plans for other in the company to follow. Internal factors that can affect this stage can be budget restrictions. AT&T can also be affected by laws and regulation, which can persuade the planning stage to go in a different direction. The planning stage is an integral part in a company given that is giving us the future outlook of the company. The next function of management is organizing. This is the stage where all of the company’s goals are separated and assemble in a way for each department or individual can do their part to achieve their goal...
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...environmental factors that may affect a company. Both types of analysis use group brainstorming to identifying environmental factors. However, there are several important differences between the analysis frameworks that must be understood before either can be used effectively. PURPOSE Both SWOT and PEST have become components of a good business plan and are key in evaluating environmental factors. In order to understand how these analysis frameworks are similar, it is important to fully understand each framework individually. FEATURES OF SWOT SWOT analysis is a simple framework for evaluating the internal and external environments affecting a company. These environmental factors can be divided into four categories, from which SWOT analysis derives its name. The categories are: strengths, weaknesses, opportunities and threats. Strengths and weaknesses represent the internal environment, whereas opportunities and threats represent the external environment. FEATURES OF PEST PEST is a type of analysis used in strategic management that takes into account Political, Economic, Social and Technological factors. PEST analysis is a useful tool for understanding market demand/decline, current business position and potential opportunities/obstacles. The factors it analyzes should not be solely at the company level. Rather, these external factors must be examined at a company, national and global level. FUNCTIONS Both frameworks focus on the environment in which a company operates...
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...Internal and External Factors Latonia Parker MGT/230 April 13, 2015 Kensinger Internal and External Factors Planning, organizing, controlling and leadings are the four main functions of management, which are affected by internal and external factors. Internal factors are business events that happen within the corporations while external factors are business events are carried outside the actual corporation. Planning involves setting goals and outlines for the direction of the company. Organization happens as the company goes about achieving these goals that were planned. Leading is important to management because leaders are needed for success. The leaders of the company must train and motivate employees to reach the company goals. Controlling plays a major roll by having a say in the direction your company goes. Other factors that affect the four main functions of management are globalization, technology, diversity, innovation, and ethics. These factors affect the four functions of management by influencing the decision making process that occurs within management. Globalization Globalization is an external factor because this event takes place outside the actual corporation. This event is described as the spreading of businesses and technology throughout the world. For example, The Coca-Cola Company began in the state of Georgia. Since its introductions to the world in 1886, Coca-Cola has expanded and coke products are now in over 200 countries...
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...External Factor Analysis Summary on Coca-Cola Richard Lee Columbia Southern University The Coca-Cola Corporation provides consumers over five hundred brands and is the world's largest beverage company. The company has its headquarters in Atlanta. The organization conducts operations in over two hundred countries. This is the reason they have the largest beverage distribution and average 1.6 billion served daily (The Coca Cola Company, 2012). Coke was declared the world’s most valuable brand in 2011. Coke is also the leading company in the production of non-alcoholic beverages (Interbrand, 2011). The various variables which are to be taken into consideration in this analysis include political economic, social and economic factors, technology and SWOT data (Strategic Management Insight, 2013). See Table 1 for weighted factors of identified threats and opportunities. Political factors Political factors plays part in ensuring some effect on the production and selling behavior of the company. Political factors, however have a neutral effect on the coke industry. This is because environmental protection laws have been put forward by the government which, ensuring the company does not pollute the environment during their production. Coca Cola Company, however adjusted the protection laws...
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...fa Factors Effecting Small and Medium Enterprises, Selection of Market Entry Mode Naveed Hussain Malik (naveed.hm@gmail.com) 770325-3059 Masood Hussain Chudary(zindagi03@hotmail.com) 801014-5855 Supervisor: Eva Wittbom Masters Degree Thesis in Business Administration School of Management Sciences Date of submission Abstract Development in infrastructure limits the communication gap, speedy travel and low cost tariff barriers as well other drivers of globalization have made overseas markets easier to get small firms and gave more opportunities to SME´s internationalize. The market entry mode choice or selections have strong effect the success or failure of the company. For instance an insufficient or wrong entry mode selection can decrease opportunities and limit important choice for the firm and could lead to high financial loss as well as lose control on overseas market. The purpose of research study is to provide a deep and better understanding of the factors those effecting SME´s selection of market entry mode. Research question how can the influence of internal and external factors on the selection of market entry mode. A frame of reference led to the building of summary which in turn became the basis for data collection. Two qualitative case studies for Pakistani SME´s namely socks knitter Pakistan and RK International were undertaken. The main findings shows the clear link between the theories claim to be internal and external...
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...return on investment capital. The six forces driving industry competition: 1) Threat of New Entrants New entrants to an industry typically bring to it new capacity, a desire to gain market share, and substantial resources, they are therefore, threats to an established corporation. The threat of entry depends on the presence of entry barriers and the reaction that can be expected from existing competitors. Entry barrier is an obstruction that makes it difficult for a company to enter an industry. Some possible barriers to entry are: * Economic of Scale * Product Differentiation * Capital Requirements * Switching Costs * Access to Distribution Channels. * Cost Disadvantages Independent in Size * Government Policy 2) Rivalry Among Existing Firms A competitive move by one fir can be expected to have noticeable effect on its competitors and thus may cause retaliation or counter efforts. According to porter, intense rivalry is related to the presence of several factors, including: * Number of Competitors * Rate of Industry Growth * Product or Service Characteristics * Amount of Fixed Costs * Capacity * Height of Exit Barriers * Diversity of Rivals 3) Threat of Substitute Products or Services Substitute products are those products that appear to be different...
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...paper is to examine the various valuation factors that affect the financial performance of a particular company. This paper also includes research which involves a current literature review about the possible causes of both positive and negative outcomes of a company’s financial performance. The methodology used is qualitative research. The major findings entail that the nature of the business and its history is the greatest factor that most likely should be the central focus of the business itself. It can then be realized that the company’s value can be best assessed once it is determined that it has stayed in the industry for a long period of time. Introduction The business industry, above all else, is considerably one of the most complicated sectors of the economy. Nonetheless, businesses are, up to the extent, concentrated on providing the best to their customers and at the same time, on performing well in the market. So to say, the primary goal of any company is to become globally competent and successful in the industry. This objective is what mostly keeps the companies driven to continuously improve itself, its processes, its products and its services. In light with all of this, the value of companies is chiefly influenced by several factors. These factors somehow contribute to the outcomes of the financial performance of the company. More than that, these aspects are deemed to be the most important that every company in the business industry always put a high...
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