Business Studies Essays

External Business Environment for Footwear External Business Environment for Footwear Business To study the external business environment, I need to study both the Macro environment and the micro environment. In Macro environment we will do PESTEL analysis and in Micro environment I need to study our customers, competitors, suppliers, bankers, creditors and shareholders. Macro Environment It’s basically a framework used for scanning and analyzing business external macro environment by…

Forty-nine percent of business owners fail to succeed beyond 5 years (U. S. Small Business Administration [SBA], 2014). The general business problem is that some small business owners have limited strategies to sustain profitability beyond 5 years. The specific business problem is that some small business owners lack strategies to increase customers’ retention for their business beyond 5 years. Purpose Statement The purpose of this qualitative multiple case study is to explore the…

noted research regarding the validity of using PBL in speech and communication classrooms is limited, all of the benefits recorded prior are universal and are effective across disciplines. Pennel and Miles (2009) in their article regarding their Business Communications courses discussed one of the major parts of the PBL model was “Rhetoricity”. Throughout the blood drive project, the students attended to the full rhetorical situation: audience, purpose, genre, tone and style, effectiveness,…

influence the customers, market, and the firm’s profitability. That is why business owners should recognize the extent of the effects which marketing imposes on the success of a business in order to organize an efficient marketing plan that would most benefit the firm. Through the process of marketing, firms would be able to provide awareness…

The case study of Luck Company shows the strategic profiles that Luck company has taken for the past 90 years it has been in the industry of stone work along with other companies it has started and bought over that time. The strategy of Luck Company has changed a couple of times over the three ownership of the Luck Company. The strategies have changed over time because of different ownerships and economic times. During recession times the strategy is to keep the business operating without…

Study research objectives Afghanistan with a population of 31.6M and 35.8% of it living in absolute poverty, holds its ground for being the poorest country in Asia according to insidermonkey.com. This is despite all those international aids which by far the country has received. Apart from infrastructure, education and natural resources which can battle with poverty, there is another component which has a magnificent power to contribute to the society named as Business. Business, as the main…

know how business people handle all the hassles that they are encountering every day? On how they manage their time to their family and work and most of them spend a lot of time and energy for their work. Being an entrepreneur is not an easy task it requires all the skills and knowledge to master the market. In addition, entrepreneur plans their work seriously they will make sure that everything is going on even the small details. They will make decisions…

acquired a great sense of business ethics, albeit for one area that they have neglected terribly, their potential for the use of technology in day to day business operations. It can be said this was a result of the company focusing its attention to everything but the effective use of their IT business group, highlighted by the attitude of senior management towards recommendations provided by both the CIO and Chief Architect (Stan Bailey). Initially the issues cited in the study involved the…

It is essential a business knows when a products time is up and needs renewing or replacing. OrotonGroup during the maturity stage (1990’s) of its fashion designs failed to recognise trends and were viewed as an old demographic. This limited its appeal to the younger demographics which impacted on the success of their overall sales. Businesses also need to keep an eye on competitors. In doing so they must investigate the marketing objectives and strategies of major competitors and assess how…

This essay focuses on the growth of a company. It will examine the case study of “Davis Service Group” a once conglomerate which decided to focus on the textile maintenance services group of companies in the UK and Europe market to grow its business (Davis Case Study, n.d.). For any level of growth to occur businesses and their staff must be willing to embrace change. In the case of international expansion, the market must first ensure that its home base operations are strong enough and that…