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EMA Mind Map image (Block 2 image (Globalisation # (Innovation # image…

- - - - Managing Input Resources
      - Managing Processes
      - Managing Outputs
    - - Market reconciliation model
      - Opperation focuses:
        Market Segment
        Performance objective
        Volume
        Technology
  - - - Retained Earnings
        Working Capital
        Debt Factoring
        Bank Overdraft/facilities
        Leasing
        equity
    - - Microfinancing
        Crowdfunding
        Peer-to-peer Innovation
- - - - Strong
        
        Enhanced reputation #
        
        Adds Value
      - Weak
        
        Harms identity
        
        Affects revenue
  - - - Divergence
      - Convergence
      - Crossvergence
  - - - Rising Sterling
        
        Incentive to business to reduce costs
        
        Import prices fall
        
        Export prices rise
      - Falling sterling
        
        In/Direct exports
        
        Favors exports due to increased import costs
  - - - Local Needs
      - Technology has improved transportation of goods
- - - - Helps brand identity
    - - Customer loyalty through communication
      - Retention provides profits over customer lifetime
      - Cost effective (retaining customers) #
  - - - Vicious can lead to unsustainable innovation
      - Virtuous creates opportunities
  - - - Financial benefit to the business provides for philanthropist and/or socially advantageous behaviour
  - - - Enhancing societal needs which has an affect on the sustainability of a businesses long term success
    - - FIGC Power Vs Matrix Power
      - Power Vs Interest Matrix helps map stakeholders interests
        
        keep satisfied key players, minimal effort, keep informed
  - - - Leaders as: People, Result, Position, Purpose, Process