COMNovember 20, Global Environmental protection Brass Rods Market report is replete with detailed analysis from a thorough research, especially on questions that border on market size, development environment, futuristic developments, operation situation, pathways and trend of Environmental protection Brass Rods.
Prices, Wages, Productivity Equity market Inflation Bond market Labour productivity Economic factors throw light on the nature and direction of the economy in which a Environmental Analysis firm operates.
The firms must focus on economic trends in segments that affect their industry. For example the present trend of low interest rates on personal savings may compel individuals to move towards equity and bond markets leading to a boom in the capital market activity and the mutual fund industry. Consumption patterns are usually governed by the relative affluence of market segments and firms must understand them through the level of disposable income and the tendency of people to spend.
Interest rates, inflation rates, unemployment rates and trends in the gross national product, government policies and sectoral growth rates are other economic influences it must consider.
With the opening up of the economy, trends in global market needs a careful look. The above needs to be analyzed and incorporated in your inferences for the general environment and its other forces and how all these together may influence business.
Demographic characteristics such as population, age distribution, literacy levels, inter-state migration, rural-urban mobility, income distribution etc. The shifts in age distribution caused by improved birth control methods have created opportunities for youth centric products ranging from clothes to entertainment to media.
The growing number of senior citizens and their livelihood needs have been highlighted and the government is being forced to pay more attention in the form of social security benefits etc. Considering Literacy and the composition of literates in the country creates opportunities for particular type of industries and type of jobs.
For example on one hand, the presence of a large number of English speaking engineers encouraged many software giants to set up shops in India and on the other, the availability of cheap labour, India becomes a destination for labour Bose environmental trend analysis projects.
Moreover, large labour mobility across different occupations and regions, in recent times, has cut down wage differentials Bose environmental trend analysis and this has an impact for business which needs to be understood. Social attitudes, values, customs, beliefs, rituals and practices also influence business practices in a major way.
Festivals in India offer great business opportunity for certain industries like clothes and garments, jewellery, gift items, sweetmeats and many others, the list could be endless.
Social values and beliefs are important as they affect our buying behaviour. For example, Mc Donalds does not serve the beef burgers in India because Indians do not Strategic Analysis have cow meat since the animal is considered holy and sacred.
A related example of Walt Disney also brings out clearly, the impact different cultures may bring to business. Walt Disney which has been so suffcessful in US market could not be so similarly successful in European countries because of the difference in the way in which people entertain themselves there.
Walt Disney had to customize its offerings in order to be successful in these markets. The spread of consumerism, the rise of the middle class with high disposable income, the flashy lifestyles of people working in software, telecom, media and multinational companies seem to have changed the socio-cultural scenario and this needs to be understood deeply.
Values in society also determines the work culture, approach towards stakeholders and the various responsibilites the organization thinks of owing to its stockholders and the society. Technological factors represent major opportunities and threats which must be taken into account while formulating strategies.
Technological advancements can open up new markets, change the relative position of an industry and render existing products and services obsolete.
Technological changes can reduce or elimiate cost barriers between businesses, create shorter production runs, create shortages in technical skills and result in changing values and expectations of customers and employees.
The impact of information technology IT which combines fruits of both telecommunications and computers has been revolutionary in every field. Not only has it opened up new vistas of business but also has changed the way the businesses are done.
Manufacturers, bankers and retailers have used IT to carry out their traditional tasks at lower costs and deliver higher value added products and services. Environment conservation and protection is an issue, which Environmental Analysis has gained prominence because of deteriorating environmental balance which is threatening the sustainability of life and nature.
Largely, business is also held responsible for such situations as emissions from industries poluting the air, excessive chemical affluents drained out in water making it poisonous and unfit for use, usage of bio non-degradable resources affecting the bio-chain adversely and exposure of employees to hazardous radiations bring their life in danger.
All these have been taken very seriously by different stakeholders in the society including the government and legislations and movements are creating pressure for an environment friendly business.
These have far reaching implications for business ranging from the kind of business, the product being manufactured, how it is manufactured and how friendly it is for mankind and nature.
Big companies like Coca Cola and Pepsi have also come under the purview of the society regarding the environmental hazards. If the charges on them of using chemicals beyond accepted levels for manufacturing soft drinks are confirmed, they will have a black spot on their names and business.
So, it is important for the organisations to take care of the environment as well. Licensing policies, quota restrictions, import duties, Forex regulations, restrictions on FDI flows, controls on distribution and pricing of commodities together made business difficult during license permit raj before the liberalization policy of However, with economic reforms things have changed and legal formalities have eased.
Nevertheless with globalization, the rules of competition, trade mark rights and patents, WTO rules and implications, price controls and product quality laws and a number of other legal issues in individual countries have become important and therefore they need to be included while understanding the general environment.
For example, the emerging younger demographic profile of India will have very different consequences for businesses say in health care or entertainment.
While the former will face an adverse effect, the latter will have a positive effect and this needs to be analyzed and integrated into strategic decision making.What is a 'Macro Environment' A macro environment is the condition that exists in the economy as a whole, rather than in a particular sector or region.
In general, the macro environment includes. These will be specific to an environmental and trend analysis that Bose has used to market its product effectively. On a flight to Europe in , Amar Bose, the founder of Bose Corporation, put on a pair of headphones supplied by the airline, only to find out the sound emitted by those headphones was not loud enough to mask the loud roar.
How Environmental Trend Affect The Hospitality Industry. TRENDS IN THE INDIAN HOSPITALITY INDUSTRY Aims To analyse the current and future scenario of the hospitality industry in India.
Objectives • Examine the disparity in the supply and demand of accommodation and rising prices. Hotel & Travel Industry Analysis - Cost & Trends The travel industry is comprised of several different segments including hotels and other lodging as well as travel agencies. Within lodging there is a wide range of lodgings from high class full-service hotels, to .
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These will be specific to an environmental and trend analysis that Bose has used to market its product effectively. On a flight to Europe in , Amar Bose, the founder of Bose Corporation, put on a pair of headphones supplied by the airline, only to find out the sound emitted by those headphones was not loud enough to mask the loud roar.