At first glance both the PESTLE model and Porter’s 5 forces model are simple and easy to understand even by those who have little knowledge of business management. Whilst the PESTLE framework examines the macro environment to measure market suitability, Porter’s five forces identify industry forces and the interaction between them to evaluate the possibility of profitability. This will give more direct information about the organisation’s strategic competitiveness and profitability. On the…
Reflection one: guest speaker: Agnes Naera During a lecture in class Agnes Naera came in and spoke about her role with AUT and how she sculpts diversity and equality throughout AUT. Agnes Naera Is the director of equity within the faculty of Business and Law at AUT. In her “role she focuses on advancing Maori and Pasifika aspirations”. (Our Women , n.d.). This reflection will reflect on what I understood form Agnes’s Presentation and how I have interpreted the information. Agnes started her…
A business can develop by organic growth or inorganic growth. Organic growth is when a company increases the turnover of its existing business. Inorganic growth describes how a business grows by joining one or more companies together. This can be done by two companies joining by agreement or buying at least 51% of another company’s shares. Furthermore, integration can happen in two ways: horizontal integration, where two joining firms at the same stage of production, and vertical integration,…
Business Case for Investment Michael Buckley, Jerimiah Heter, Terry Phillips, Nathanael Tyson, Julia Wynn CMGT / 445 April 18, 2016 John Sallee Business Case for Investment (Terry) Business managers and executives want and need to see a plan along with a business case or model that clearly defines the hardware and software needed for a proposed information system. As such, a key part of this process is to show why an expenditure is necessary and what kind of return on investment the company…
Sustainability requires commitment from me therefore, ethics, and strong values are the root of my organizations business. “Embedded Sustainability” is a great guide that I can always refer to when making decisions that align with sustainability. As my small business grows I intend on staying committed to working towards fully functioning sustainability. I know that I will face challenges along the path, but I feel confident that if I apply the theories of Chris Laszlo and Nadya Zhexembayeva…
People- the local community should at least be knowledgeable on what to do in terms of preservation and conservation. Communities need to understand the significance of preserving and visiting heritage sites beyond the mere prospect of economic gains. From a visitor’s perspective, local people are an integral part of the “heritage…
potential disaster for such a successful business model and only time will tell the future success of SeaWorld, but the cultural impact is noticeably apparent. Cultural theory is relevant towards the founders work because of the time period that they operated in and created their legacy. Businesses can be compared to life because it takes time and discipline for a business to fully mature, similar to how a person develops from childhood to becoming an adult. Business is traditionally one the…
Finding the proper place is the key to business success. If the company chooses the wrong location, it can not have adequate access to customers, employees, transportation, materials and so on. Therefore, the location often plays a significant role in the company's profits and general success. Location strategy - a plan for the optimal location for companies by identifying the needs and goals of the company and search for places with the proposals, which are compatible with these needs and goals…
The business colloquium today was a presentation made by Jonathan Davidson who is a co-founder of Presetperfect.com, development officer for La Sierra University, and was a ditch boy for J.D. Young Construction. Davidson also created a book titled “The College Success Cheat Sheet: Simple Ideas to Help You Study Less and Learn More” from June 2012 to July 2015. Jonathan Davidson received the president’s award and dean’s challenge award while attending La Sierra University. Davidson’s presentation…
learners should cultivate a natural curiosity to Think Global and Act Local. MBA learners visit a number of countries due to business reasons. They work with a number of global companies as expatriates. It is imperative for today’s MBA graduates to be absorbed in the global business environment, bagging extra ordinary deals to develop relationships with associate business leaders from various parts of the world. 3. Problem Solving Aptitude and Appetite Problem solving aptitude is…