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Ethical Business Standards Essays

The Batik Boutique in Malaysia

Introduction Numerous tiny businesses have appeared on the Malaysian business scene, each vying for a particular market niche. “The Batik Boutique” stands out among these success tales as an excellent small business that has not only built a name for itself but also had a substantial impact on the neighbourhood and the preservation of traditional ... Read More
Pages: 6       Words: 1644

Social Cultural Factors and Their Implications on External Environment of Strategic Management (Pestel)

PESTEL is among the primary tools for evaluating the sociocultural factors affecting business environments. In the traditional sense, it was referred to as PEST (Political, Economic, Social, and Technological; however, recently, it was expanded to incorporate the Environmental and Legal aspects, hence the acronym PESTEL. Managers and board members use the PESTEL framework for strategic ... Read More
Pages: 6       Words: 1577
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