Plantations were farms that grew crops harvested by residenti labor. some crops grown on them include rice, corn, coffee, ect
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In the economic component of the overall environment, factors like the dow jones, currency exchange rates, and interest rate increases are just a few examples.
The diversity of foreign bodies that have an influence on an organization's performance and operation is termed as the general environment, or macro-environment. Other outside factors can decide whether a company confronts market opportunities or setbacks.
What exactly are common environments?
- A strategic analysis method for locating all internal and external variables that may have an impact on a company's success is an environmental analysis.
- The aim is to evaluate both the potential for corporate growth and the level of risk that diverse environmental conditions pose.
- PESTEL is an abbreviation that stands for political, economic, social, technological, environmental, and legal. These six dimensions make up the general environment.
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Decision making that involves at least two parties with distinct preferences and gives and take between them is called negotiation.
Decision making is the process of making a choice by gathering information and assessing alternative resolutions. It helps direct human behavior and commitment towards a future goal.
The decision making can be divided various types including Strategic and Routine decisions, policy and operating decisions, programmed and non-programmed decisions.
When two parties or more parties with distinct preferences are trying to decide something by gives and takes between them it is called negotiation. They are negotiating with each other to come to a final goal at the same time incorporating their desires and wishes in the most accommodating way.
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