Internal And External Environments Of Trinidad And Tobago...

1. Introduction Johnson, Wittington, Scholes, Angwin and Regnà ©r (2014, p. 3) defines strategy as ‘the long-term direction of an organisation’. The aim of this paper is to critically analyse the internal and external environments of Trinidad and Tobago Electricity Commission (TTEC), by examining different strategic options and select the best suited to the organisation long-term strategy. This will be accomplished by an evaluation of SWOT analyses, PESTEL framework and the Ansoff Matrix, offering why the option selected is the best fit option. 1.1 Background Trinidad and Tobago Electricity Commission (TTEC) is state owned and regulated and is by law, the sole retailer of electric power in the twin island Republic which was formed in 1946 after the merger of independent companies with well over 3000 employees. The company is responsible for the design, construction, operation and maintenance of the country s electrical transmission and distribution network. The utility supplies electric power to customers on both islands via a single interconnected grid. TTEC purchases the bulk electric power from independent generation companies for resale, and is also responsible for securing fuel supplies for the generation companies. (Trinidad and Tobago Electricity Commission, n.d.) 2. Mission, vision, values and strategic objectives 2.1 TTEC’s mission Mission is the prime goal of an organisation to achieve the end results. (Benowitz, 2001). TTECs mission is to provide a safe,Show MoreRelatedhow globalization and environmental sustainability influence strategic management14776 Words   |  60 Pagesof the twentieth century. This chapter presents some of the major changes in environmental management and sustainability in the region associated with globalization, recognizing that the main channels through which globalization affects the environment are shifts in trade, investment and technology flows. It identifies the new challenges for international cooperation that stem from the recognition of this increased environmental interdependence among countries. 259 PART II: REGIONAL OUTLOOK Read MoreRoadmap to Csr Sustainability in Healthcare16191 Words   |  65 Pages  TERMINOLOGY      IMPLICATIONS    7.    SUSTAINABILITY    8.    TRIPLE   BOTTOM   LINE    9.    GOVERNANCE   SYSTEM    10.    CAUSE   MARKETING    11.    TRANSPARENCY    12.    CARBON   FOOTPRINT    13.    ENVIRONMENT,   HEALTH   AND   SAFETY   (EHS)    14.    CORRUPTION    15.    RISK   MANAGEMENT    16.    WASTE   MANAGEMENT    17.    SUPPLY   CHAIN   MANAGEMENT   (SCM)    18.    STAKEHOLDERS    19.    STAKEHOLDER Read MorePrimary Sector of Economy17717 Words   |  71 Pages533 yearly (2011) | Main industries | telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, pharmaceuticals | Ease of Doing Business Rank | 132nd[5] (2011) | External | Exports | $298.2  billion (2011 est.) | Export goods | petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel | Main export partners | US 12.6%, UAE 12.2%, China 8.1%, Hong Kong 4.1% (2010) | Imports | $451  billionRead MoreBp Sustainability Essay28986 Words   |  116 Pagescom/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident, BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing, removing and dispersing oil offshore, protecting the shoreline and cleaning up oil that came ashore. And we worked with wildlife groups to developRead MoreInflation in India8296 Words   |  34 Pagesand services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. DEFNITION OF INFLATION: Different economists have defined the term ‘inflation’ in different ways. Basically inflation can be defined in two ways. Earlier writers based their definition on theRead MoreCase Studies: Sas Airline Ryanair80169 Words   |  321 PagesAbstract The dynamics of business contexts influence the way firms act in their industry. These changes can have effects in several areas within a company. Entrepreneurship and Innovation are two areas that are affected when a change in firm’s environment occurs, like Schumpeter, Shane and Drucker point. Changes in the deregulatory framework are a specific type of change that can occur. According to Entrepreneurship theories, the removal of regulatory barriers creates opportunities to differentRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesImproving Customer Service 18 †¢ Improving People Skills 19 †¢ Stimulating Innovation and Change 20 †¢ Coping with â€Å"Temporariness† 20 †¢ Working in Networked Organizations 20 †¢ Helping Employees Balance Work–Life Conflicts 21 †¢ Creating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational

Graphics Tools Compare and Contrast Report

Question: You are to discuss a compare and contrast assessment of Gimp, Fireworks, And Photoshop Web graphic generating tool. Provide information regarding the pros and cons of each program, along with ease of use/learning curve? Answer: Photoshop: Photoshop is no doubt a most well-liked marketable Adobe Software. Its ability of photo editing is unbelievable. It creates images with the pixels (Chen et al. 2015). It can modify existing images virtually. It is not much useful for design graphics. It uses raster graphics application(Smith et al. 2014). Firefox: Firefox is made for them who design webs for application interface and swiftly making website model. It has a capability to include hotspot and it also contains pieces (Smith et al. 2014). The volume of the digital content can be altering through Firefox. Web developers have a great interest in it. It is better than Photoshop in graphics design. GIMP (General Image Manipulation program) GIMP is a graphics editor. It is used for draw a free form diagram, editing image, image cropping, image resizing, image format converter, and other dedicated tasks. It is extensible and flexible (Chen et al. 2015).. It can be circulated freely to everybody. In order to progress its utility, it is intended to be amplified with plug-ins and expansion(Smith et al. 2014). Compare and contrast of the following: Explanation Operating system support Inventor First date of releasing Type Photoshop Specialized for editing image and design graphics Microsoft Windows, Mac OS X John Knoll, Thomas Knoll 1990 Raster graphics application Firefox Design web in alternative of Firefox. Microsoft Windows, Mac OS X Macromedia 1998 Vector graphics editor GIMP Free-form image editor and graphics designer. Linux, OS X, Microsoft Windows, XP Spencer Kimball, Peter Mattis 1996 Raster Graphics editor Reference Chen, Huann Sheng, et al. "Genetic Simulation Tools for Post Genome Wide Association Studies of Complex Diseases." Genetic epidemiology 39.1 (2015): 11-19. Smith, Nancy Thompson. "Strengthen Your Music Program by Incorporating Aspects of the ELA Common Core State Standards."General Music Today28.1 (2014): 12-15