companies should have the best possible perception of the components on each macro, because some of them are heavily dependent than others. Dealing with environmental factors allow detection trading company strengths and weaknesses, and to measure responsiveness and anticipation. Keywords: micro environment; macro environment; company Introduction Trading company designs and operates under specific environmental conditions impact or both. The external environment of the firm
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brief history and background of sears 4 mission & obJECTIVES II evaluation of sears existing mission and objectives 5-6 External analysis IIi Competitors 7 PEST 8-9 Five forces Analysis 10-11 Opportunities & Threats 11 InternaL aNALYSIS iV Strenghts & Weaknesses 12 Financial ratios analysis 13-14 Past and current strategies 15 Sears current strategic position v Sears current strategy Balance Scorecard 16-17 Porter’s Generic strategies
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mission of Haier is to innovate and become a leader in the industry. Under this umbrella, Haier has further designed a series of strategies to address the following two issues: 1. Lead by building a strong brand, centered on product quality and best of breed services. 2. Build a strong research and development capacity to boost Innovation to capture and meet the needs of customers, Another important dimension of Haier’s mission and strategies is to build Haier into a global brand by internationalizing
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ARTIFICIAL INTELLIGENCE 1. Involves studying the thought processes of humans 2. Deals with representing those processes via machines * 1960’s * One of original chat bots * Programmed as Rogerian Psychotherapist. (Ask Q’s) * 1960’s * One of original chat bots * Programmed as Rogerian Psychotherapist. (Ask Q’s) Development of Eliza Development of Eliza Testing for intelligence: * The Turing Test * Alan Turing * How to determine if machine is truly
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they would not order them.” These problems strongly affected Mephisto market, so market shares dropped and they became less competitive in the market. In another way responsibility goes back to managers if we want to put the blame on. SWOT Analysis: Strengths (internal) * Excellent customer awerness and an image of reliability and quality * Salesforce is
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prices much cheaper than competitors, customers will choose to buy their products. Is this statement true? Do such strategy adopted by Apple Inc? Not at all. Apple Inc believes in different strategies. Cheap can sometimes represent a less quality product. Most of the products Apple Inc were priced at generally twice as expensive than competitor's product price. What about Apple Inc products more expensive can attract customers to buy it. The answer to this question is because Apple Inc created the
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Internal Analysis Earlier we explained differences in firm performance as being a function of their external environment. However, this is only part of the story. Obviously, each firm has some unique aspects. How can these be analyzed to understand differences in firm performance? Resources and Capabilities. Economics generally models firms as generic black boxes that transform inputs into outputs in an efficient manner. Edith Penrose (1950) is generally credited with being the first person to model
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Functions of Human Resource Management: Human Resource Management involves the development of a perfect blend between traditional administrative functions and the well-being of all employees within an organization. Employee retention ratio is directly proportionate to the manner in which the employees are treated, in return for their imparted skills and experience. A Human Resource Manager ideally empowers inter-departmental employee relationships and nurtures scope for down-the-rung employee
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careful if you don’t know where you are going, because you might not get there.” Yogi Berra BACKGROUND Henry Mintzberg, former president of the Strategic Management Society, points out that “strategy can not be planned because planning is about analysis and strategy is about synthesis.” 1 Failure to recognize this basic distinction accounts for the frequent failure of such exercises, as does an excessive focus on technical detail, lack of suitable leadership, and perhaps most important, failure
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Apple Business Analysis – Part I Apple Business Analysis Apple Inc. is an American multinational corporation that designs and markets consumer electronics, software, and personal computers. Apple was established on April 1, 1976 by three (3) good friends: Steve Jobs, Steve Wozniak, and Ronald Wayne in Cupertino, California (http://en.wikipedia.org/wiki/Apple_Inc.) and incorporated on January 3, 1977 (http://investor.apple.com/faq.cfm?FaqSetID=6). The company has grown from a garage
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