A virtual environment was created, simulating the United States. You were divided into teams representing major sectors of the US environment: * Finance * Federal Government * Defense Contractor * Electrical Power s * Telecommunications The Simulation activity consisted of four rounds, which you now have completed. In each round, your team made a range of decisions in technical, managerial and policy areas. The decisions were input into the virtual environment. In addition
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short informal report to help you understand Original Travels external environment. I have identified the different stakeholders attached to Original Travel and briefly explored their concerns and contributions. ‘The concept of stakeholders is important for two reasons. First, it emphasises that stakeholder groups have different interests; second it illustrates the relationship between businesses and their external environments’. (Cited in The Open University B120 What is business? 2006, P.25). This
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According to Korten, “individual choices have an important role in eliminatinating over consumption”(42), he demonstrates this point by four major systems-urban space and transportation, food and agriculture, materials, and energy. Each system raises basic issues relating to how human settlements are organized and managed. In my belief, today’s school systems are becoming more aware/educated of these systems. Society claims that they are taking action, but it is sometimes hard to tell if they really
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External environment are the factors and forces outside the organisation which affect the organisation’s performance (Robbins, Bergman, Stagg, Coulter, 2009). The business environment is comprised of a set of relationships between agents or stakeholders in the environment – relationships that are changed by individual decisions taken (Mason, 2007). As HSBC operates internationally, its external environment is complex and due to the nature of the industry, the environment is turbulent
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environmental degradation as recently observed contamination of collections of water and soils, air pollution and indiscriminate replacement of native vegetation, with the consequent reduction of wild habitats, among other forms of aggression to the environment. Discussion The change of attitude of man towards nature began from the 60s. Since then the concern to promote behavior change in the relationship between man and nature begins to be observed. The main goal becomes achieving a balance
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that it can accelerates to 60mph from still in 4.1s and can keep driving for eight hours. Even when competing with traditional cars, Tesla is equally good. The sales can be guaranteed. In addition, there is a strengthening awareness to protect the environment. The trend is to gradually shift from traditional energy to new energy. As a pioneer in high performance electric cars, Tesla can capture a huge share of the market and establish a good public image. With good public image, people are more willing
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The economic environment impacts the Nike corporation in a variety of ways. During the 2008 recession many companies laid off employees, stopped hiring, and even shut down businesses entirely. Nike was a company that handled the recession relatively well because they offered a product people like and could trust. Though Nike products can be relatively expensive, they offer quality products, which is a reason why they are the most profitable company in terms of sports clothing and attire. The competitive
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Why Go Green in the Hospitality Field Shelby Little RES/351 October 12, 2015 John Gilpin Why Go Green in the Hospitality Field I was recently put in charge of guaranteeing that the hotel I work for is classified as a green hotel. Several changes were put in place that helped to bring this into play. This paper is designed to explain what “Going Green” is and why it is so important. Environmentalism has become a great concern to businesses; this is being influenced by the recent jump
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Green Building Makes a Change Being sustainable has become a main concern all over the world. Although Hong Kong has ranked Asia’s second-most sustainable cities, it performed poorly in environmental factors. Hong Kong’s serious air pollution, high greenhouse gas emissions, poor solid waste management and the low proportion of renewable energy sources contributed to its low ranking in planet sub-ranking. This alerts Hong Kong should really take action to improve the environmental problems. And green
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to contribute to a customers’ satisfaction with a product. 2. Demography is the study of human populations in terms of size, density, location, age, gender, race, occupation, and other statistics. The demographic environment is so important to marketers because these environments involve people, and people are what make up markets. 3. Millennials are people who were born from 1977-2000. They are of much interest to marketers because of how big of a market they create for now and the future
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