Monday, April 27, 2020
The Matchmaker Essay Example For Students
The Matchmaker Essay The Matchmaker has four main characters Mrs. Dolly Levi, Mr. Horace Vandergelder, Cornelius Hackl, and Mrs. Irene Molloy. Each character has his or her own personality, but one thing that each character has in common is that they want some type of adventure or change in their life. How they go about these changes they each do differently. Mrs. Dolly Levi is a lady who likes to get what she wants. She has ambitions and likes to live life to its fullist. These are all positive characteristics about Mrs. Levi. It is how she goes about getting what she wants that makes her a interesting character. Mrs. Levi enjoys getting into other peoples business and telling them how to conduct their lives.Even though that fits her job description as a matchmaker, she goes about doing it in a very manipulitive way. I, Mrs. Dolly Levi, intend to make the most of my life. I want to spend lots of money and enjoy doing it. I want to marry Mr. Vandergelder and I will lie and cheat in order to do so. Withou t money I am not happy and I want to be happy, that is why I will marry Mr. Vandergelder. I think that Mr. Vandergelder is a nice old man on the inside once you get past his grumpy facade. He needs a little excitement in his life and I will give it to him. We will write a custom essay on The Matchmaker specifically for you for only $16.38 $13.9/page Order now Mr. Horace Vandergelder is a stingy, cruel and miserable old man. He wants things done his way or no way at all. If things are not the way he wants them they are wrong and foolish. Horace has all this money and has nothing to spend it on. He just wants to control his nieces life. For the first time it seems, in this play, he realizes he may want to take a little risk in his life. I, Mr. Horace Vandergelder, want to get married. I am willing to take the first risk that I have taken in a long time and get married. I need a little bit of order in my house and that is what a wife will do for me. I like Mrs. Levi, mainly because I am paying her to find a suitible wife for me. I love my niece Ermengarde but she is a fool for wanting to marry Ambrose, a man with no money. I do not understand why she would want to marry a poor artist. Cornelius Hackl is a very spontaneous character who is the most willing to take large risks in his life. He is now thirty-three and realizes that his life is n ot moving as fast as he would like for it to. This is why he chose to go to New York and do something about it and it sure paid off for him. Cornelius is a leader and not afraid to take chances. He feels a great need for adventure in his life and takes Barnaby with him. I, Cornelius, am getting too old to have the same position that I have had at work for so long now. I feel that I need a change in my life, an adventure. Even if I need to risk everything I have, which is not much, I am willing to do it to get something more out of my life. I am really fed up with Mr. Vandergelder always bossing me around and never showing me any gratification for it. He does not appreciate anything that I have ever done for him. Barnaby is one of my best friends and it is my responsibility to show him how to have a good time and make life a little adventerous. Mrs. Molloy is the kind of women that I have always wanted, I dream about marrying her. Mrs. Irene Molloy, is another character who is searching for some kind of adventure in her life. Mrs. Molloy, like Mr. Vandergelder, is looking to get married. She says she wants to marry a husband who will have good fights with her. Mrs. Molloy despite having strange views on marriage is a very nice lady who was willing to help Barnaby and Cornelius when they were in trouble. I, Mrs. Irene Molloy, want to find a man for marriage. I do not care if I love the man or not. All that I want right now is to get out of the millinery business. I believe that all millineries are seen as wicked women and I do not want to be seen like that anymore. I do not love Mr. Vandergelder, but I would marry him for his money. There is something about Cornelius that I happen to find very charming.
Thursday, March 19, 2020
Organizational Behavior the Family, College Class, and Organization
Organizational Behavior the Family, College Class, and Organization The organizational Behavior The family is the societyââ¬â¢s key organization. It is extremely imperative that the family engages in family meetings. Similar to any organization, there is a need for anticipations, vivid missions, team building, setting goals, and planning, which ensures a smooth running.Advertising We will write a custom essay sample on Organizational Behavior: the Family, College Class, and Organization specifically for you for only $16.05 $11/page Learn More Hence, every family member should possess a particular role. In a class college, organization, and family, the job description is imperative in defining the membersââ¬â¢ obligations and roles. Moreover, a clear job description promotes more input from individuals, which gives the members a sense of ownership. The family, college class, and organization are characterized by universality. The three are present in all human society levels, everywhere, and always. In the three, the me mbers are united by a common goal. Hence, there is some form of emotional basis. In the family, people are united by affection and mutual love, which enhances sympathy and empathy towards each other. It is evident that in the class and organization, members have to collaborate to fulfill the set goals, which unites them. Another similarity between the three is the limited size. Management Roles The family council comprises of the family members. In a college class, the council constitutes of the entire class and class teacher. Finally, the employees and management comprise the organization council. In a family, the male parent has the responsibility of governing the family. The female parent assists the male parent in running the family. In a college, the class teacher oversees the overall running of the class. The class prefect, who has a closer relationship with the students, ensures maintenance of order. In an organization, the manager is the overall overseer. The success of an o rganization, class, and family depends on regular meetings. In a meeting, members get the opportunity to be heard, distribute responsibilities, receive encouragement, congratulate exemplary roles, set goals, share, plan for events, solve conflicts and recurring issues, set objectives, and express complaints and concerns.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Leaders in the three organizations have to ensure that the appropriate leadership style is used. Depending on different circumstances, it might be necessary to change the leadership style. Moreover, leaders have to engage in critical controlling, organizing, and planning. The available resources should be dedicated towards goal achievement. How Diversity Contributes to Efficiency and Effectiveness Diversity in the family, organization, and college class ensures that effectiveness and efficiency are achieved. To ensur e that diversity is achieved, there is a need for constant role rotations. For instance, the secretary and manager roles should be rotated after a certain period. It is worth noting that every member in an organization is gifted differently. Therefore, there is a need to give everyone the opportunity to contribute towards diversity. Furthermore, every member should be given an opportunity to voice their ideas. Scheduling weekly meetings ensures every member presents updates from their departments, and that all pressing issues are discussed. The meetings should be evaluated regularly, and openness and mutual respect should be upheld. When families visit their family friends, they get an opportunity to learn new things and skills. Sometimes class competitions assist classes to learn new ways of doing things. It is worth emphasizing that diversity comprises of oneââ¬â¢s background, cognitive style, gender, and race. The way members in an organization perceive others is extremely imp ortant. Therefore, the human resource management should deal with transformations, adaptability, and communication.
Tuesday, March 3, 2020
Ionization Energy Definition and Trend
Ionization Energy Definition and Trend Ionization energy is the energy required to remove an electron from a gaseous atom or ion. The first or initial ionization energy or Ei of an atom or molecule is the energy required to remove one mole of electrons from one mole of isolated gaseous atoms or ions. You may think of ionization energy as a measure of the difficulty of removing electron or the strength by which an electron is bound. The higher the ionization energy, the more difficult it is to remove an electron. Therefore, ionization energy is in indicator of reactivity. Ionization energy is important because it can be used to help predict the strength of chemical bonds. Also Known As: ionization potential, IE, IP, ÃâHà ° Units: Ionization energy is reported in units of kilojoule per mole (kJ/mol) or electron volts (eV). Ionization Energy Trend in the Periodic Table Ionization, together with atomic and ionic radius, electronegativity, electron affinity, and metallicity, follows a trend on the periodic table of elements. Ionization energy generally increases moving from left to right across an element period (row). This is because the atomic radius generally decreases moving across a period, so there is a greater effective attraction between the negatively charged electrons and positively-charged nucleus. Ionization is at its minimum value for the alkali metal on the left side of the table and a maximum for the noble gas on the far right side of a period. The noble gas has a filled valence shell, so it resists electron removal.Ionization decreases moving top to bottom down an element group (column). This is because the principal quantum number of the outermost electron increases moving down a group. There are more protons in atoms moving down a group (greater positive charge), yet the effect is to pull in the electron shells, making them smaller and screening outer electrons from the attractive force of the nucleus. More electron shells are added moving down a group, so the outermost electron becomes increasingly distance from the nucleus. First, Second, and Subsequent Ionization Energies The energy required to remove the outermost valence electron from a neutral atom is the first ionization energy. The second ionization energy is that required to remove the next electron, and so on. The second ionization energy is always higher than the first ionization energy. Take, for example, an alkali metal atom. Removing the first electron is relatively easy because its loss gives the atom a stable electron shell. Removing the second electron involves a new electron shell that is closer and more tightly bound to the atomic nucleus. The first ionization energy of hydrogen may be represented by the following equation: H(g) ââ â H(g) e- ÃâHà °Ã -1312.0 kJ/mol Exceptions to the Ionization Energy Trend If you look at a chart of first ionization energies, two exceptions to the trend are readily apparent. The first ionization energy of boron is less than that of beryllium and the first ionization energy of oxygen is less than that of nitrogen. The reason for the discrepancy is due to the electron configuration of these elements and Hunds rule. For beryllium, the first ionization potential electron comes from the 2s orbital, although ionization of boron involves a 2p electron. For both nitrogen and oxygen, the electron comes from the 2p orbital, but the spin is the same for all 2p nitrogen electrons, while there is a set of paired electrons in one of the 2p oxygen orbitals. Key Points Ionization energy is the minimum energy required to remove an electron from an atom or ion in the gas phase.The most common units of ionization energy are kilojoules per mole (kJ/M) or electron volts (eV).Ionization energy exhibits periodicity on the periodic table.The general trend is for ionization energy to increase moving from left to right across an element period. Moving left to right across a period, atomic radius decreases, so electrons are more attracted to the (closer) nucleus.The general trend is for ionization energy to decrease moving from top to bottom down a periodic table group. Moving down a group, a valence shell is added. The outermost electrons are further from the positive-charged nucleus, so they are easier to remove. References F. Albert Cotton and Geoffrey Wilkinson, Advanced Inorganic Chemistry (5th ed., John Wiley 1988) p.1381.Lang, Peter F.; Smith, Barry C. Ionization Energies of Atoms and Atomic Ions. Journal of Chemical Education. 80 (8).
Saturday, February 15, 2020
Family genogram progect Term Paper Example | Topics and Well Written Essays - 1500 words
Family genogram progect - Term Paper Example My parents did raise me, however, to believe in the tenants of religion and the teachings that are important in any religious observance. These teachings include the admonition that I must treat everybody with kindness and respect; that I must not judge anybody, as I am not perfect myself; that I must love my neighbor as myself; and that I must not become too enamored of material things, because material things are not what brings true happiness. My parents are very traditionalists, aside from the fact that they are not religious overtly. Their parents were even more traditionalists, and they observed more traditional religion. They believed not only in the Supreme Being, but they also believed in lesser gods, ancestral spirits and magic and medicine. In a way, my grandparents shaped my religious identity more than my parents did. This is because I believe, at least somewhat, in the old ways of my grandparents. I understand that Christianity has some of the same beliefs as what my grandparents ascribed to, which includes the beliefs in guardian angels and the like. I also believe that my ancestors are watching over me, like a kind of guardian angel. My beliefs in magic and medicine are derived from my grandparents, and they are translated into my beliefs in the Tarot and astrology. In other words, I have more of a mystical basis for my overall belief system that does not necessarily comport with Christianity, but is more in line with my grandparents. And, from my parents, come the values that they have taught me, which I have listed above. As far as the sociopolitical foundations of my family, my parents showed the typical exchange theory of labor within the family dynamic, which means that my mother had the role as a homemaker, and she exchanged her labor for my fatherââ¬â¢s economic provisions. My grandparents have exhibited the same type of exchange. I am different, however, as I am raising my three teenagers on my own, with some
Sunday, February 2, 2020
The Impact of Transformational Leadership On Organizational Innovation Research Paper
The Impact of Transformational Leadership On Organizational Innovation Moderated By Organizational Culture - Research Paper Example The changes in the global economy is yet another factor which is pressurizing the organizations as well as the leaders to develop and implement effective measures to ensure better and higher employee productivity, inspire innovation and create a favorable organizational environment and culture that supports and encourages employee creativity. Such transformations can be made through effective transformational leadership approach on the part of the management. There is documented evidence on the basis of various studies conducted over the years which point to the fact that transformational leadership plays a key role in bringing about revolutionary changes in the organizational environment and positively affects and influences various key areas such as: organizational productivity, employee creativity, increased job satisfaction, reduction in stress levels of employees and workers, greater levels of team commitment etc., among many others (Bass & Avolio, 1994; Bass, 1985; Dionne, Yamm arino, Atwater & Spangler, 2004; Howell & Avolio, 1993). Such studies suggest that transformational leadership can greatly influence and encourage organizational innovation and creativity as well as the development of appropriate and effective skills required to compete in this highly dynamic and ever changing external environment. There are various approaches to initiate and implement organizational change, however regardless of such approaches the key role in influencing such changes is played by the managers and leaders, who are required to influence and guide the employees through such a process. Organizations today are representative of a highly diverse... This essay stresses that the study of various theories and researches with regard to the impact of transformational leadership on organizational culture and innovation provide an insight into the role of leaders in managing change and influencing the employees to achieve higher performance outcomes. On the basis of the extensive research and studies carried out in this behalf, it can be safely claimed that transformational leadership has a direct impact on organizational innovation, culture, and vision. It instills various characteristic traits among the employees and followers such as a sense of commitment to team efforts. This paper makes a conclusion that furthermore studies and empirical research have pointed to the impact of transformational leaders on organizations in terms of building a strong and positive culture, indicating that such leadership style provides better opportunities to the leaders to influence their followers and building an environment which is effective in achieving the overall goals. The studies also suggest that there is a direct and positive relationship between transformational leaders and the organizational vision. The transformational leaders encourage innovation and provide a conducive environment to innovate and develop novel ideas to respond to the dynamic and rapidly changing external environment. Such a culture further helps in creation of new and long term visions for the organization which in turn helps it in sustaining its competitive positioning in the market by giving them a competitive edge.
Saturday, January 25, 2020
I Donââ¬â¢t Have a Topic for My Research Paper, So Iââ¬â¢m Writing about Nothin
What is nothing? Though at first, the response may seem like little more than a play on words, the simple answer is this: Nothing is not. No word such as anything or everything can be added at the end of the statement to further clarify the crucial concept, which is non-existence: the dictionary definition of nothing. In actuality, though, although the denotation of "nothing" insists on absolute absence and void, in todayââ¬â¢s society "nothing" is actually quite present, masquerading as something indeed. Of course, there are concepts in existence that accurately represent our limited understanding of nothing. One such concept is zero. In a simple counting sense, when one, two, or eight hundred items could be present, but there arenââ¬â¢t any, there are zero. Zero items are present, and nothing is there. Kept strictly in a counting sense, this works. Zero is non-existence. Yet, in the actual study of mathematics, one learns that zero may be many things, but never nothing at all. Zero is perhaps the most powerful number in all of mathematics, and its influence on the way we work with numbers is clear. Multiply a number, any number, from the greatest to the small, from positive to negative infinity, by zero. Divide zero by any of these numbers. Zero absolves, absorbs, changes said number completely - it becomes zero. Surely, such a drastic effect cannot be the result of nothing. Divide by zero. Or attempt to, anyway, and find it impossible, "undefined." A graphed function involving a division of zero will form unreachable vertical asymptotes that stretch to positive and negative infinity. Zero, though, does have its weaknesses. Add zero, subtract zero, itââ¬â¢s all the same: no effect at all. The other numbers or variables invo... ...tranger. San Francisco: Knopf, 1998. Descartes, Renà ©. Descartes: Selections. Ed. Ralph M. Eaton. San Francisco: Charles Scribnerââ¬â¢s Sons, 1927. Family Medical Guide. Lincolnwood: Publications International, Ltd., 1990. Miller, Charles D. and Margaret L. Lial. Fundamentals of College Algebra. Third Edition. Glenview: Scott, Foresman and Company, 1990. Naparstek, Belleruth. Your Sixth Sense. San Francisco: HarperCollins, 1997. Reid, Constance. From Zero to Infinity: What Makes Numbers Interesting. New York: Thomas Y. Crowell Company, 1964. Satre, Jean-Paul. "Nausea." Nausea, The Wall, and Other Stories. New York: MJF Books, 1964. Twain, Mark. "The Mysterious Stranger." Great Short Works of Mark Twain. Ed. Justin Kaplan. New York: Harper & Row Publishers, 1967. "Vacuum." The Columbia Encyclopedia. Fifth Edition. Columbia University Press, 1993.
Friday, January 17, 2020
Listo Systems
Listo Systems is a graphic service agency with a long history of success. In the early 1990s, the company quickly grew into one of the top graphic service companies in the world. The rapid growth of technology in recent years has both helped and hindered the company. Advancements in technology have allowed Listo Systems to provide quality services and products faster and more efficiently. However, new technology has also been beneficial for Listo Systemsââ¬â¢ competitors. The competition has grown significantly in number and in the quality of services and products that they provide.The increase in technology has also led to an increase in customer demands and expectations. Customers want services and products faster and cheaper and will go to a competitor without hesitation if their needs are not met. The advancements in technology have also created new threats to the industry in terms of security and theft of products. Answer the following questions by applying the concepts learn ed in Chapter 1. Also, conduct literature reviews on the subject of discussion and use to support your case study answers:How has Listo Systems felt the impact of power shifting from the Seller to the Buyer? Ignorance of customer behavior is the greatest strategic risk facing businesses today. Every day they vote with their time, with their word of mouth, with their money and with their allegiance, for the business designs that best serve their evolving priorities. The results of their shifting decisions are value creation and value destruction. Customers determine profits. In many markets, not all customers are profitable.An examination of true pricing and the true costs of serving customers may reveal that a company is actually losing money on many customer accounts. The shift from ââ¬Å"all customers are profitableâ⬠to ââ¬Å"many are notâ⬠has been triggered by declining gross margins and increasing variability in the cost to serve customers. Suppliers will be reward ed for being much more rigorous in: 1. Measuring current and potential profit customer by customer 2. Selecting the promising customers, and 3. Choosing how much to invest in those customers. Customer profitability is a relative concept.When a firm's capacity utilization is low, even a ââ¬Å"badâ⬠customer is valued because the incremental volume helps to cover fixed costs ââ¬â in the short term. For the long term, however, the fundamental issue remains: either replace the ââ¬Å"badâ⬠customers with good ones, or reduce capacity, or do both. The key to reversing this downward spiral into unprofitability is the ability to continuously re-segment the customer base. A customer profitability system can reverse the process and enable a company to exploit profit shifts to its advantage.By developing an accurate and dynamic model of how profitability varies at the individual customer level, a company can select and develop strategic customers who yield the greatest long-ter m value. The distribution of power between sellers and buyers influences every negotiation or transaction and profoundly influences the allocation of profits and value. Significant power imbalances can translate quickly along the value chain. Several factors can trigger the power shift pattern: 1. Customer consolidation 2.The formation of professional purchasing groups that bring tremendous expertise to the purchasing process 3. An overabundance of information on suppliers' costs and performance 4. Suppliers' lack of differentiation in either the products offered or the business models used to serve customers. When a company's customers have gained the upper hand, there are a few options available: 1. Out-concentrate the customers. If key customers are more consolidated than you, then consolidate back, merging to ensure that customers can't do without your portfolio. 2.Change the offer, change the customer. 3. Leapfrog the customer. Companies can vault past their customers via a str ong end-user brand, direct channel initiatives and innovative strategies to minimize their current customers' response. 4. Become the customer. The most radical move of all is to buy your largest customer. To generate value, make this move just before power starts shifting to customers, not after it has progressed. Purchasing of a distribution channel lets you join rather than fight the rise in customer power. 2. What external environmental factors are affecting Listo Systems?External environment consists of forces that directly or indirectly influence organizationââ¬â¢s business activities. The actors and forces outside marketing that affect managementââ¬â¢s ability to build and maintain successful relationship with target customers. Changes are often quick and unpredictable and offers both opportunities and threats Company must use its research and marketing intelligence systems to monitor the changing environment. Systematic environmental scanning helps Listo System to revi se and adapt business strategies to meet new challenges and opportunities in the marketplace.Technology can reduce costs, improve quality and lead to innovation. These developments can benefit consumers as well as the organizations providing the products. Every company faces a wide range of competitors and Listo System is also not apart from this fact. Listo System must secure a strategic advantage over competitors by positioning their offerings to be successful in the marketplace. A PESTLE analysis for Listo must consider all the important external factors impacting on the company. These factors may have political, economic, sociological, technological, legal or environmental dimensions.The political analysis must include the impact of local and national government, and the international situation. The Economic analysis needs to investigate the influences of the stock market and tax increases, amongst many other monetary matters. Sociological analysis is all about analyzing the bac kground culture. Technological factors are usually easier to spot, because new technologies involve change, and change is always noticed. For instance, online shopping has had a major impact on Listo's recent success.The change created by technological advances often lead to legal problems, which is why legal analysis is always an important part of a PESTLE analysis. Listo's operations obviously have a significant environmental impact, from fossil fuel use to packaging issues. Reducing the demand on the planet is a challenge for any big company. A PESTLE Analysis for Listo must look at all the six factors we have mentioned. Here they are again, with examples of each: Political: an increase in unemployment due to a downward turn in the world economy.Economic: impact on sales of the credit crunch. Sociological: an increase in immigration from Eastern Europe resulting in a demand for new goods. Technological: how can Listo take full advantage of the World Wide Web? Legal: how can Listo avoid legal opposition to expanding into new high streets? Environmental: ââ¬â climate change is affecting supply and transport, how can Listo adapt? In summary, any PESTLE Analysis for Listo must consider all external factors if it has any hope of capturing the essence of the company. Listo Systems Listo Systems is a graphic service agency with a long history of success. In the early 1990s, the company quickly grew into one of the top graphic service companies in the world.The rapid growth of technology in recent years has both helped and hindered the company. Advancements in technology have allowed Listo Systems to provide quality services and products faster and more efficiently. However, new technology has also been beneficial for Listo Systemsââ¬â¢ competitors. The competition has grown significantly in number and in the quality of services and products that they provide.The increase in technology has also led to an increase in customer demands and expectations. Customers want services and products faster and cheaper and will go to a competitor without hesitation if their needs are not met. The advancements in technology have also created new threats to the industry in terms of security and theft of products.Answer the following questions by applying the concepts learned in Chapter 1. Also, conduct literature reviews on the subject of discussion and use to support your case study answers: 1. How has Listo Systems felt the impact of power shifting from the Seller to the Buyer? Ignorance of customer behavior is the greatest strategic risk facing businesses today. Every day they vote with their time, with their word of mouth, with their money and with their allegiance, for the business designs that best serve their evolving priorities. The results of their shifting decisions are value creation and value destruction. Customers determine profits.In many markets, not all customers are profitable. An examination of true pricing and the true costs of serving customers may reveal that a company is actually losing money on many customer accounts. The shift from ââ¬Å"all customers are profitableâ⬠to ââ¬Å"many are notâ⬠has been triggered by declining gross margins and increasing variability in the cost to serve customers. Suppliers will be rewa rded for being much more rigorous in: 1.Measuring current and potential profit customer by customer 2.Selecting the promising customers, and3.Choosing how much to invest in those customers.Customer profitability is a relative concept. When a firm's capacity utilization is low, even a ââ¬Å"badâ⬠customer is valued because the incremental volume helps to cover fixed costs ââ¬â in the short term. For the long term, however, the fundamental issue remains: either replace the ââ¬Å"badâ⬠customers with good ones, or reduce capacity, or do both. The key to reversing this downward spiral into unprofitability is the ability to continuously re-segment the customer base.A customer profitability system can reverse the process and enable a company to exploit profit shifts to its advantage. By developing an accurate and dynamic model of how profitability varies at the individual customer level, a company can select and develop strategic customers who yield the greatest long-term value. The distribution of power between sellers and buyers influences every negotiation or transaction and profoundly influences the allocation of profits and value. Significant power imbalances can translate quickly along the value chain. Several factors can trigger the power shift pattern:1. Customer consolidation2. The formation of professional purchasing groups that bring tremendous expertise to the purchasing process3. An overabundance of information on suppliers' costs and performance4. Suppliers' lack of differentiation in either the products offered or the business models used to serve customers.When a company's customers have gained the upper hand, there are a few options available: 1. Out-concentrate the customers. If key customers are more consolidated than you, then consolidate back, merging to ensure that customers can't do without your portfolio. 2. Change the offer, change the customer.3. Leapfrog the customer. Companies can vault past their customers via a strong en d-user brand, direct channel initiatives and innovative strategies to minimize their current customers' response. 4. Become the customer. The most radical move of all is to buy your largest customer. To generate value, make this move just before power starts shifting to customers, not after it has progressed. Purchasing of a distribution channel lets you join rather than fight the rise in customer power.2. What external environmental factors are affecting Listo Systems? External environment consists of forces that directly or indirectly influence organizationââ¬â¢s business activities. The actors and forces outside marketing that affect managementââ¬â¢s ability to build and maintain successful relationship with target customers. Changes are often quick and unpredictable and offers both opportunities and threats Company must use its research and marketing intelligence systems to monitor the changing environment.Systematic environmental scanning helps Listo System to revise and adapt business strategies to meet new challenges and opportunities in the marketplace. Technology can reduce costs, improve quality and lead to innovation. These developments can benefit consumers as well as the organizations providing the products. Every company faces a wide range of competitors and Listo System is also not apart from this fact. Listo System must secure a strategic advantage over competitors by positioning their offerings to be successful in the marketplace. A PESTLE analysis for Listo must consider all the important external factors impacting on the company. These factors may have political, economic, sociological, technological, legal or environmental dimensions. The political analysis must include the impact of local and national government, and the international situation.The Economic analysis needs to investigate the influences of the stock market and tax increases, amongst many other monetary matters. Sociological analysis is all about analyzing the backgroun d culture. Technological factors are usually easier to spot, because new technologies involve change, and change is always noticed. For instance, online shopping has had a major impact on Listo's recent success.The change created by technological advances often lead to legal problems, which is why legal analysis is always an important part of a PESTLE analysis. Listo's operations obviously have a significant environmental impact, from fossil fuel use to packaging issues. Reducing the demand on the planet is a challenge for any big company. A PESTLE Analysis for Listo must look at all the six factors we have mentioned. Here they are again, with examples of each: Political: an increase in unemployment due to a downward turn in the world economy. Economic: impact on sales of the credit crunch.Sociological: an increase in immigration from Eastern Europe resulting in aà demand for new goods. Technological: how can Listo take full advantage of the World Wide Web? Legal: how can Listo av oid legal opposition to expanding into new high streets? Environmental: ââ¬â climate change is affecting supply and transport, how can Listo adapt? In summary, any PESTLE Analysis for Listo must consider all external factors if it has any hope of capturing the essence of the company.
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