Macro-economic factors: There are a lot of macro environmental factors that affect Telfin performance though emphasize has been given on the important factors. Economic factors like current and anticipated economic growth‚ interest rate‚ inflation‚ cost of labor‚ disposable income and distribution of income etc collectively comprise economic environment. Current and projected economic conditions: In recent years Pakistan’s economic figures were indicating very impressive and promising consequences
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Disadvantages of Economic Factors of Recycling The environmental factors of recycling are wildly known but little is discussed of the economic factors‚ recycling does provide benefits and adds value to an economy. For example‚ in the United States of America‚ these benefits stem from the jobs‚ products manufactured and sales generated by the recycling industry. National recycling efforts are responsible for maintaining hundreds of thousands of the US every year. The Economic Factors of Recycling
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The Economic environment is a major consideration for any business. According to Kotler et al. (2010)‚ the economic environment is directly related to factors affecting consumer spending and buying patterns. Marketers need customers with buying power in order for any business to succeed. The most affluent group that have the highest income demand the highest quality products and services‚ they’re also willing to pay for it. However‚ due to the world economic slow-down and recession of 2007‚ has
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North & South Korean Relationship Korea is the only country in the world that is still in the ceasefire state. After the fall of the Berlin Wall in 1989 (History Channel)‚ Korea remains the only country that is divided into two states with different political systems. There has been constant tension between South Korea and North Korea throughout the history. Although there have been some years‚ under different diplomatic policies of the government‚ during which North Korea and South Korea displayed
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Socio-cultural The society our days is interested in being fashionable and trendy. That means that there is a big interest of clothing retailing shops and Matalan is not an exception. Fashion is one of the main forces that make people buy more and more clothes. Many shops promote their new collections by displaying them on the windows and by showing them in television advertisements‚ so that people can see new season’s trends and choose the shop where they want to buy them. Fashion can influence
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The Importance of Social & Cultural Factors in Gender Roles Social and cultural factors are critical in moulding gender roles because of societal expectations‚ family dynamics‚ and psychological differences. Most often‚ a child is nurtured into the gender role because of norms and stereotypes. These forces of socialization help us define our gender because together they create a concept on how a certain gender should act and or behave. School and the education curriculum significantly plays an
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A socio-cultural factor that will fundamentally affect health and social care organisations in Malta is the media. Media is the means of communication. It is a communication channel through which several types of information such as news and data‚ are circulated. The media is one of the main factors that will have a huge impact on health and social care organisations as it can be a way of amending the patient’s familiarity with the health and social care organisation he or she is treated in. Due
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There are many social‚economic and cultural factors that can impact on children’s lives and affect their ability to interact with others. Four examples are:- Poverty – Many children are living in poverty‚ the family will be living on a low income; this could be either on benefits or from only one parent working. Low income families may struggle to provide basic food and clothing for the children‚ living conditions may be poor and inadequate. Living in poverty can have a huge impact on a childs quality
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3.0 The Social and Cultural factors that influence a sanitation project Sanitation can best be defined as the way of collecting and disposing of excreta and community liquid waste in a germ-free way so as not to risk the health of persons or the community as a whole (WEDC‚ 1998). Sanitation systems properly designed‚ may not necessarily be appropriate for a group of people when relevant factors like social and cultural practices affecting sanitation and hygiene are not taken into account. Lack of
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Compare and Contrast Essay (North Korea and South Korea) While North Korea and South Korea have some similarities‚ there are many differences. These differences will make people wonder how they ever even worked together as one country. After World War II‚ the country that was known as one split into two. The United States was influencing the south and the soviets were influencing the north. As a result‚ the two countries are now governed differently and have many differences in government
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