3rd Edition of Nasarawa Business Environment Townhall We are set to host the business community to the 3rd edition of Nasarawa Business Environment Townhall (NASBET). The session promises to deliver engaging conversations and insightful panel sessions on the implementation of business enabling reforms in the state. Business owners will also share their experiences engaging with regulatory entities for permits, approvals, and grievance redress. We remain determined to improve the competitiveness of our business climate through an enabling business environment. To participate, kindly register via this link https://lnkd.in/dSzrDkxC
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𝗣𝗘𝗦𝗧𝗘𝗟 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: "A Strategic Tool for Business Insight" PESTEL analysis is a strategic framework used by organizations to understand the external environmental factors that could impact their operations and decision-making processes. PESTEL is stands for: - 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹: Examines how government policies, regulations, and political stability can affect an industry or organization. - 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰: Considers economic factors like inflation, exchange rates, economic growth and unemployment rates that influence business performance. - 𝗦𝗼𝗰𝗶𝗮𝗹: Looks at societal trends, cultural attitudes, and lifestyle changes that can shape consumer behavior and market demand. - 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹: Focus on technological developments, innovation, automation and R&D activities. - 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹: Assesses environmental and ecological factors, sustainability practices and climate change effects that could affect operations. - 𝗟𝗲𝗴𝗮𝗹: Reviews the impact of laws, regulations and legal frameworks, including employment laws, health and safety regulations, and industry specific legislation.
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𝗣𝗘𝗦𝗧𝗘𝗟 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: "A Strategic Tool for Business Insight" PESTEL analysis is a strategic framework used by organizations to understand the external environmental factors that could impact their operations and decision-making processes. PESTEL is stands for: - 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹: Examines how government policies, regulations, and political stability can affect an industry or organization. - 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰: Considers economic factors like inflation, exchange rates, economic growth and unemployment rates that influence business performance. - 𝗦𝗼𝗰𝗶𝗮𝗹: Looks at societal trends, cultural attitudes, and lifestyle changes that can shape consumer behavior and market demand. - 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹: Focus on technological developments, innovation, automation and R&D activities. - 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹: Assesses environmental and ecological factors, sustainability practices and climate change effects that could affect operations. - 𝗟𝗲𝗴𝗮𝗹: Reviews the impact of laws, regulations and legal frameworks, including employment laws, health and safety regulations, and industry specific legislation.
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It is interesting to see how ill-set is the WASTEFULL WORLD. When business grows, the volume of waste and wasting grows. When business in trouble, the waste and wasting grows. When bankrupt, the waste volume escalates. INDUSTRY 5.0 PREVENTS WASTE TO HAPPEN, which means all the money wasted in wasteful world, will be the additional profit in WASTELESS WORLD, where all silos are taken down and everyone acts in HARMONY and UNITY. INDUSTRY 5.0 AMBASSADORS NETWORK Industry 5.0 INDUSTRY 5.0 STRATEGIC ALLIANCE
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Our daily requirements of food and fiber products at desired place at required form and time come from efficient and hardworking of many business personnel in input, farm and food production and also in marketing them. The entire system in brief is called Agribusiness. Agri-business establishment leads to strengthening of infrastructural facilities in that area, expansion of credit, raw materials supply agencies, adoption of modern technology in production and marketing of agricultural products. It is generally believed that a business has a single objective, that is, to make profit. But it cannot be the only objective of business. While pursuing the objective of earning profit, business units do keep the interest of their owners in view. However, any business unit cannot ignore the interests of its employees, customers, the community, as well as the interests of society as a whole. For instance, no business can prosper in the long run unless fair wages are paid to the employees and customer satisfaction is given due importance. Again a business unit can prosper only if it enjoys the support and goodwill of people in general. Business objectives also need to be aimed at contributing to national goals and aspirations as well as towards international well-being.
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The Cape Chamber of Commerce and Industry, invite you to participate in the ⚡Business Environment Survey 2024⚡ to assess the Western Cape and South Africa's level of competitiveness and business environment constraints. This annual survey is a significant initiative that will be used by the CCCI, Industry Associations and Municipalities to identify the priority business constraints impeding the growth of your business. A truly unique source of data, the Survey will be utilised by various public and private sector decision makers to inform priority implementation actions to unlock and accelerate economic growth. https://lnkd.in/deV3rinF
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