Demographic economics

The macro enviornmental factors consists 6 factors and these factors can also influnce the performance of the Perodua company. The first macro enviornmental factor is demographic forces. Demographic forces characteristics of a population expressed statistically, such as age, gender, ethic group, income level, occupation and the like. (Alvin Yong, 2007) The Perodua cars are well suited and popular with middle-income people. 70-80 percent of Perodua purchasers are either first time auto…

business market needs the main success characteristics of Daffodils in their existing market which will help Daffodil to success in a new market. Geography and demographics factors, Economic environment, Political and legal environment and Cultural environment are the key factors of economic success for Daffodils. Geography and demographics factors: The geographic factor is one of the key characteristics of a business that influences the success in a new market. There are a lot of geographic…

INTRODUCTION Business Environment includes Micro and Macro Environment. The External factors includes the economic factors; demographics; legal, political, and social conditions; technological changes; and natural forces (Businessdictionary.com, 2017). Micro environment of business includes competitors, customers, suppliers, Public, marketing intermediaries, workers and their union. The micro environment of the organisation consists of those elements which are controllable by the management…

Bibliography Ghani, E., Kerr, W., & O'Connell, S. D. 2013. Promoting Women's Economic Participation in India. World Bank: Economic Premise This article analyzes the spatial determinants of female entrepreneurship in India in the service and manufacturing sectors. The study finds that education and good infrastructure predict higher female entry shares. It also explores the reasons in huge disparities in women's economic participation in India. The authors claim that unlocking…

1.0 Introduction Business is a company transacts business activities of making, buying, selling goods or providing service in order to earn profit identify by Merriam-Webster. (Merriam-Webster, 2015) Business can be an organization, entity engaged in commercial, industrial or any professional activity. Most of the business activities affect the environment. The environment can be identified everything surrounding a system include external and internal factors. External and internal factors may…

As stated by Salvatore (2015), “profit serves a crucial function in a free-enterprise economy” (p. 19). Further reasoning would suggest if a company is generating profits, there must be adequate demand for their product or service. What determines which products are acceptable to supply given adequate demand, but also a moral dilemma? The most popular example of this catch-22 proposition is regarding cigarettes. Should the continued existence of a cigarette market be allowed given their known…

Over the last decade, the Global Economic Order has been undergoing various techno shifts including globalization, technological changes, and the rise of emerging economies among others. These shifts are proceeding in an environment of financial instability, climatic change, persistent development challenges, and persistent growth challenges among others. These challenges are making the WTO, World Bank and the IMF to strain to ensure that they produce unprecedented prosperity all over the world.…

According to Noe, (2017) forces that affect the workplace and learning are as followed; Economic cycles, Globalization, Increased value placed on intangible assets and human capital, Focus on link to business strategy, Changing demographics and diversity of the workforce, Talent management, Customer service and quality emphasis, New technology, and High-performance work systems. Economic cycles are the period of growth or decline in the economy. Among its factors are changes in the gross…

and water borne diseases and women have more chances of getting an HIV virus than their village counterparts. For decades, governments have tried to renounce their responsibilities. As a result, almost one billion people are forced to work outside economic system legally, working outside the tax system as informal workers. Earlier it was realised that slum was not an inescapable urban future. In 1958 almost one third of Cuban population was residing in shantytowns. Huge wave was started for…

of each external marketing environmental factor (i.e. CREST- Competition, Regulatory, Economic, Social, and Technological) as they apply to your product/service. Based on your research, comment on whether these factors present an opportunity or threat to your plan. According to my research, there are two external marketing factors that apply to my product which is economical and social factors. 1. The economic external marketing factor refers to the condition of the economy and how much a…