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Module: Global Business (ER3S72) Assessment: Elecdyne Tutor: Dr Gabor Horvath Word Count: 2563 Global Business Table of Contents |1.0 |Introduction | 2 | |2.0 |Findings | 3 | |2.1 |STEEP | 3 | |2.2 |Porters Diamond …show more content…

N F, 2006) 2.1.1 Social Social Media: Social networks like all the online matter such as Youtube, Twitter and Facebook are so important that relevant companies should not defer their efforts to create the public image and enhance their both market and products’ effectiveness” Population: most of the people became old, they do not prefer to purchase eletronic product frequently. (Johnson, G., Scholes, K. & Whitting, R. 2005) 2.1.2 Economical Global Crisis: Though with many effects, are escaped by most countries, economy turns to slow down globally, many people rather saving than spending. Unemployment Rate: most of the companies can not afford to suffer from fixed cost like employees’ salary, this is caused by the truth that full-time workers are forced to become part-time, Inflation, inflation rate keeps increaing, daily necessties became more expensive year by year. 2.1.3 Technological Hybrid devices: The current electronic devices are rather smaller, portable, quicker and smarter nowadays such as ipad, notebook. Movie players: Those with 3D and HD technology are the new scene recently Tablets: Those with touch-screen innovation become so noteworthy that companies begin to compete for the dominance of this new field. Internet Clouds: more gaint companies prefer to adapt internet clouds in order to decrease the storage of their data. 2.1.4 Environmental Sustainability: With getting smaller of the world, everybody should

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