Environmental Factors Of An Environmental Environment

Environmental factors There are different environmental factors that need to be considered in any sustainable building design. The main objectives of an environmental friendly design are to reduce or avoid the depletion of the critical environmental resource including raw materials, water, and energy (Hawkes, 2013). Furthermore, the construction designs should be able to prevent environmental degradation negative impact on the environment that may be due to the infrastructure or the facilities in the building over a period of time. This are the main critical factors, therefore, to be able to ensure that there is less environmental impact, the optimization of the site is very important and this includes the orientation of the site and the energy use as well as the transportation methods of the materials (McMullan, 2012). These features are very significant. Another essential element is the optimization of energy use including reduction of energy load and finally the conservation of water and recycling of used water. Human effort The comfort level is something that is considered very important in the construction industry. Important comfort levels are usually linked to the working environment and includes thermal comfort aspects i.e. air temperature, humidity, air velocity and the radiant temperature. Some of the personal factors that can impact on the human comfort level i.e. the metabolic heat and the clothing insulation which if not taken into consideration can impact onShow MoreRelatedEnvironmental Factors Affecting The Environment899 Words   |  4 PagesPESTLE acronym describes the six environmental areas that might affect an organization, Political, Economic, Social, Technological, Legal and Environmental. Political factors concerns governmental influences on the environment. It revolves around the particular government in your particular country. It manifest itself through policies, directors and regulations. Economic factors could be interest rates and inflation. Its looks at employment levels. It looks at if the economy is booming or if itRead MoreEnvironmental Factors As Family, Learning Environment, And Community847 Words   |  4 PagesEnvironmental factors as family, learning environment, and community along with other biological, social and psychological forces contribute to children’s development(6). Erik Erikson, a psychoanalytic theorist, called the psychosocial stage during early childhood â€Å"initiative versus guilt† stage. It involves make believe play and ambition which develop when â€Å"parents support their child’s sense of purpose†(13). My own childhood development reflected this psychosocial stage. As a toddler, I wouldRead MoreEnvironmental And Organizational Factors Of The Global Business Environment1039 Words   |  5 PagesEnvironmental and Organizational Factors The global business environment is constantly changing. In order for organizations to stay competitive and successful they need to be able to adapt to those changes accordingly. The biggest factors that affect organizations are social, economic, and technological. This paper will look at each of these factors and describe the current major issues surrounding them as well as provide strategies Ellard Williams, Incorporated can use to take advantage of theseRead MoreEnvironmental Factors Affecting Pharmaceutical Industry and Implications of Changing Business Environments3447 Words   |  14 PagesINTRODUCTION 1 I. ENVIRONMENTAL FACTORS AFFECTING INDUSTRY 1 I.1. PESTEL ANALYSIS 1 I.2. FIVE FORCES MODEL 3 II. IMPLICATIONS OF CHANGING BUSINESS ENVIRONMENT 4 III. USE AND LIMITATIONS OF TOOLS APPLIED 5 III.1. USE AND LIMITATIONS OF PESTEL 5 III.2. USE AND LIMITATIONS OF FIVE FORCES MODEL 6 SUMMARY 6 APPENDIX 1 8 APPENDIX 2 9 REFERENCES 10 INTRODUCTION The origin of the modern pharmaceuticalRead MoreNandos Marketing Environment and the Environmental Factors That Are Most Likely to Affect the Bussiness1240 Words   |  5 Pagesfoods, often of questionable quality, Nando’s stands out for offering an authentic taste experience. ‘Experience’ is the key word here, because Nando’s prides itself not only on offering absolutely delicious peri-peri chicken, but doing so in an environment that’s several notches up from the usual quick service restaurant, complete with outstanding service and attractive surrounds. In spite of already having carved a name for itself in these areas, Nando’s continues to look for the fresh, the newRead MoreEssay about BUILDING A POSITIVE ENVIRONMENTAL LEGACY OF GAMESCOPE761 Words   |  4 Pagesï » ¿ BUILDING A POSITIVE ENVIRONMENTAL LEGACY OF GAMESCOPE STUDENT NAME INSTRUCTOR NAME COURSE TITLE DATE SUBMITTED BUILDING A POSITIVE ENVIRONMENTAL LEGACY The environment must be conserved for the sake of the future generations and this can only be done through environmental sustainability and conservation. In episode five we learn all about building a positive environmental legacy that will benefit the future generations. In episode five the key topics that are discussed include:Read MoreFactors that Affect the Awareness on Environmental Issues: A Case Study at Utem Malacca City Campus584 Words   |  3 PagesDepartment of Environment, based on the reading of air pollution index exceeding the dangerous and unhealthy level. (The New York Times, 2013) . After that, in November 2013, a landslide had occured in Cameron highlands and had killed seven persons. According to Harlida Abdul Wahab (2013), lecturer of Universiti Utara Malaysia, the cause of the landslide is due to uncontrolled developing activities in Cameron Highlands. The latest one, worse blood had occured in Kuantan and Kemaman and the factor is theRead MoreEnvironmental Sca nning Techniques1335 Words   |  6 PagesENVIRONMENTAL SCANNING Environmental Scanning can be defined as the process by which organizations monitor their relevant environment to identify opportunities and threats affecting their business for the purpose of taking strategic decisions. Factors to be Considered for Environmental Scanning The external environment in which an organization exists consists of a bewildering variety of factors. These factors (could also be termed as influences) are events, trends, issues and expectationsRead MoreAttention Deficit / Hyperactivity Disorder Case Study794 Words   |  4 Pages various environmental factors have been implicated, ranging from pre- and perinatal conditions such as maternal stress and smoking during pregnancy, to many psychosocial environments including family instability. Although most of the research has overcome the nature versus nurture debate, shifting their focus towards the extent of contribution of each of the genetic and environmental components, the most promising studies have been the ones that consider the effects of gene-environment interactionsRead MoreFonterra Business Report1350 Words   |  6 Pages3. Environmental Scan: Environmental scanning is the process of gathering information about events and their relationships within an organizations internal and external environments. The basic purpose of environmental scanning is to help management determine the future direction of the organization (Barnat, 2004). For a business to succeed, it is important to study the business environment of the firm that consists external and internal influences that affect the firm’s decisions and performance

Half Human, Half Beast Mythological Figures of Ancient Times

Creatures who are half-man, half-beast are found in the legends of nearly every culture on our planet. A great many of those in western culture made their first appearance in stories and plays from ancient Greece, Mesopotamia, and Egypt. They probably are older still: myths about sphinxes and centaurs and minotaurs told at the dinner table or in the amphitheaters were undoubtedly passed down over generations.   The strength of this archetype can be seen in the persistence of modern tales of werewolves, vampires, Dr. Jekyll and Mr. Hyde, and a host of other monster/horror characters. Irish author Bram Stoker (1847–1912) wrote Dracula in 1897, and more than a century later the image of the vampire has installed itself as part of the popular mythology.   Oddly enough, though, the closest we have for a general word containing the meaning of half-human, half-beast hybrid is therianthrope, which generally refers to a shapeshifter, someone who is entirely human for part of the time and entirely animal for the other part. Other words that are used in English and other languages are specific to the blends and often refer to the legendary creatures of the myths. Here are some of the mythical half-human, half-animal creatures from stories told in past ages.   Sandro Botticelli (Italian, 1444/45-1510). Pallas and the Centaur, ca. early 1480s. Tempera on canvas. 207 x 148 cm (81 1/2 x 58 1/4 in.). Galleria degli Uffizi, Florence. Galleria degli Uffizi, Florence / Photo  © Paolo Tosi - Artothek The Centaur One of the most famous hybrid creatures is the centaur, the horse-man of Greek legend.  An interesting theory about the origin of the centaur is that they were created when people of the Minoan culture, who were unfamiliar with horses, first met tribes of horse-riders and were so impressed with the skill that they created stories of horse-humans.   Whatever the origin, the legend of the centaur endured into Roman times, during which time there was a great scientific debate over whether the creatures indeed existed—much the way the existence of the yeti is argued today.  And the centaur has been present in story-telling ever since, even appearing in the Harry Potter books and films.   Echidna Echidna is a half-woman, half-snake from Greek mythology, where she was known as the mate of the fearsome snake-man Typhon, and mother of many of the most horrible monsters of all time. The first reference of Echidna is in the Greek mythology of Hesiod called Theogony, written probably around the turn of the 7th–8th century BCE. Some scholars believe that stories of dragons in medieval Europe are in part based on Echidna.   Harpy In Greek and Roman stories, the harpy was described as a bird with the head of a woman. The earliest existing reference comes from Hesiod, and the poet Ovid described them as human vultures.  In legend, they are known as the source of destructive winds.  Even today, a woman may be known behind her back as a harpy if others find her annoying, and an alternative verb for nag is harp.   Circa 500 BCE, An archaic metope from one of the Temples of Selinus. Perseus, the son of Zeus and Danae from Greek mythology is beheading the Gorgon Medusa. (Photo by Hulton Archive/Getty Images) The Gorgons Another therianthrope from Greek mythology is the Gorgons, three sisters (Stheno, Euryale, and Medusa) who were entirely human in every way—except that their hair was made up of writhing, hissing snakes. So fearsome were these creatures that anyone gazing on them directly was turned to stone.  Similar characters appear in the earliest centuries of Greek story-telling, in which gorgon-like creatures also had scales and claws, not just reptilian hair.   Some people suggest that the irrational horror of snakes that some people exhibit might be related to early horror stories like that of the Gorgons. Mandrake The Mandrake is a rare instance in which a hybrid creature is a blend of a plant and human. The mandrake plant  is an actual group of plants (genus  Mandragora) found in the Mediterranean region, which has the peculiar property of having roots that look like a human face. This, combined with the fact that the plant has hallucinogenic properties, lead to the mandrakes entry into human folklore. In legend, when the plant is dug up, its screams can kill anyone who hears it.   Harry Potter fans will undoubtedly remember that mandrakes appear in those books and movies. The story clearly has staying power.   Little Mermaid Statue in Copenhagen. Linda Garrison Mermaid The first legend of the Mermaid, a creature with the head and upper body of a human woman and the lower body and tail of a fish comes from a legend from ancient Assyria, in which the goddess Atargatis  transformed herself into a mermaid out of shame for accidentally killing her human lover.  Since then, mermaids have appeared in stories throughout all ages, and they are not always recognized as fictional. Christopher Columbus swore that he saw real-life mermaids on his voyage to the new world, but then, hed been at sea for quite a while. Theres an Irish and Scottish version of a mermaid, half-seal, half-woman, known as a selkie. The Danish storyteller Hans Christian Anderson used the mermaid legend to tell of a hopeless romance between a mermaid and a human man. His 1837 tale has also inspired several movies, including director Ron Howards 1984 Splash, and Disneys blockbuster 1989, The Little Mermaid.   Minotaur In Greek stories, and later Roman, the Minotaur is a creature that is part bull, part man. Its name derives from the bull-god, Minos, a major deity of the Minoan civilization of Crete, as well as a king who demanded sacrifices of Athenian youths to feed it. The Minotaurs most famous appearance is in the Greek story of Theseus who fought the Minotaur in the heart of the labyrinth to rescue Ariadne. The minotaur as a creature of legend has been durable, appearing in Dantes Inferno, and in modern fantasy fiction. Hell Boy,  first appearing in 1993 comics, is a modern version of the Minotaur. One might argue that the Beast character from the tale of Beauty and the Beast is another version of the same myth.   A satyr chats with a Maenead, one of Dionysuss other followers. Tarporley Painter/Wikimedia Commons Public Domain Satyr Another fantasy creature from Greek stories is the satyr, a creature who is part goat, part man. Unlike many hybrid creatures of legend, the satyr (or the late Roman manifestation, the faun), is not dangerous—except perhaps to human women, as a creature hedonistically and raucously devoted to pleasure.   Even today, to call someone a satyr is to imply they are impishly obsessed with physical pleasure.   Siren In ancient Greek stories, the siren was a creature with the head and upper body of a human woman and the legs and tail of a bird. She was an especially dangerous creature for sailors, singing from rocky shores which hid dangerous reefs and luring the sailors onto them. When Odysseus returned from Troy in Homers famous epic, The Odyssey, he tied himself to the mast of his ship in order to resist their lures. The legend has persisted for quite a while. Several centuries later, the Roman Historian Pliny the Elder was making the case for regarding Sirens as imaginary, fictional beings rather than actual creatures. They made a reappearance in the writings of 17th century Jesuit priests, who believed them to be real, and even today, a woman thought to be dangerously seductive is sometimes referred to as a siren, and an entrancing idea as a siren song. The Sphinx - Site of the First Archaeological Excavation. Yen Chung / Moment / Getty Images Sphinx The sphinx is a creature with the head of a human and the body and haunches of a lion and sometimes the wings of an eagle and tail of a snake.  It is most commonly associated with ancient Egypt, due to the famous Sphinx monument  that can be visited today at Giza. But the sphinx was also a character in Greek story-telling. Wherever it appears, the Sphinx is a dangerous creature that challenges humans to answer questions, then devours them when they fail to answer correctly.   The Sphinx figures prominently in the tragedy of Oedipus, who answered the riddle of the Sphinx correctly and suffered mightily because of it. In Greek stories, the Sphinx has the head of a woman; in Egyptian stories, the Sphinx is a man.   A similar creature with the head of a man and body of a lion is also present in the mythology of Southeast Asia.   What Does it Mean? Psychologists and scholars of comparative mythology have long debated why human culture is so fascinated by hybrid creatures that combine attributes of both humans and animals. Scholars of folklore and mythology such as Joseph Campbell maintain that these are psychological archetypes, ways of expressing our innate love-hate relationship with the animal side of ourselves from which we evolved. Others would view them less seriously, as merely entertaining myths and stories offering scary fun that requires no analysis.   Sources and Further Reading Hale, Vincent, ed. Mesopotamian Gods Goddesses. New York: Britannica Educational Publishing, 2014. Print.Hard, Robin. The Routledge Handbook of Greek Mythology. London: Routledge, 2003. Print.Hornblower, Simon, Antony Spawforth, and Esther Eidinow, eds. The Oxford Classical Dictionary. 4th ed. Oxford: Oxford University Press, 2012. Print.Leeming, David. The Oxford Companion to World Mythology. Oxford UK: Oxford University Press, 2005. Print.Lurker, Manfred. A Dictionary of Gods, Goddesses, Devils and Demons. London: Routledge, 1987. Print.

How A Working Relationship Is Different From A Personal...

. Understand working relationships in social care settings. 1.1 Explain how a working relationship is different from a personal relationship WORKING RELATIONSHIP A working relationship is different from a personal relationship because working relationships are based on adhering to the policies and procedures and the agreed ways of working. They are bound by the contracts of employment and code of practice and one is accountable for any mistakes or errors made. They are professionally based, because boundaries are involved, in working relationship. Roles and responsibility of the work are adhered to. Personal information about patient are kept confidential except where it is necessary with other staff that care for the same patient or to the health care team attending to them. In working relationships, you do not need to like the person you are working with therefore personal opinion and feeling are kept away from the working environment, but mutual respect is needed. PERSONAL RELATIONSHIPS Personal relationships are based on emotions and are informal. Personal thoughts are shared just like in family or friend relationships. Personal relationships are not bound by policies and procedures and code of conduct. In personal relationships, information can be shared freely with friends and family without any restrictions. They are based on choices with people of the same interests and feelings. 1.2 Describe different working relationships in social care settings In social careShow MoreRelatedEssay on Assignment 206 Task a834 Words   |  4 Pagesdifferences between a working relationship and a personal relationship. A working relationship is a relationship where time is spent with both colleagues and service user during working hours. This relationship means there is little or no contact out of working hours. The relationship is strictly professional. On the contrary a personal relationship is where personal life and extracurricular activities and social life become involved with service users and other staff. Working relationships do not allowRead MoreAssignment 206765 Words   |  4 PagesExplain three differences between a working relationship and a personal relationship Three differences between a working relationship and a personal relationship is that in working relationship you are working with someone or as part of a team whom are not of your choice, whereas in a personal relationship you can pick and choose who you want. Another difference is in a working relationship you follow rules and codes of conducts at work, and in a personal relationship you dont have to follow any rulesRead MoreWhy the Clinician-Client Relationship is Critical to the Outcome of Therapy1333 Words   |  6 Pagesï » ¿ Why the Clinician-Client Relationship is Critical to the Outcome of Therapy Kori McCurren Columbia College Abstract The following will discuss the benefits of a positive Clinician-Client relationship during the therapeutic process. It will discuss different ways to foster Clinician and Client relationship in order to gain a positive report. It will provide supporting evidence that the relationship positively influences the outcome of the therapy. It will show the viewRead MoreEssay on unit 206675 Words   |  3 Pagesassessment criteria in the standards 1. Explain how a working relationship is different from a personal relationship (1.1.1) A working relationship is where you are placed with other people and work as part of a team, where each individual is working following professional codes of practise, towards the achievement of shared aims and objectives. You do not necessarily have to like the people you work with but you need to keep personal opinions and feelings to yourself. Mutual respect andRead MoreUnderstanding the Role of the Social Care Worker Essay1048 Words   |  5 PagesUnderstanding the role of the social care worker 1.1 Explain how a working relationship is different from a personal relationship The difference between a working relationship and a personal relationship is that a professional relationship is governed by professional codes of conduct and employer policies and procedures. Fundamentally, it is vitally important to maintain professional boundaries between other staff members and individuals in your care, taking care to maintain a strong senseRead MoreHealth and Social Care - Dementia1199 Words   |  5 PagesROLE OF THE HEALTH AND SOCIAL WORKER (UNIT 4222-206) UNDERSTAND WORKING RELATIONSHIPS IN HEALTH AND SOCIAL CARE OUTCOME 1 1. Explain how a working relationship is different from a personal relationship A working relationship is where you are placed with other people and work as part of team where each individual is working following professional codes of conduct, towards the achievement of shared aims and objectives. By working to a set of rules and procedures for which you’re paid, you areRead MoreASSESSMENT 1 WORKING IN ADULT SOCIAL CARE Copy1525 Words   |  7 PagesPREPARING TO WORKING IN ADULT SOCIAL CARE ASSESSMENT 1 WORKING IN ADULT SOCIAL CARE QUESTION 1 EXPLAINE HOW A WORKING RELATIONSHIP IS DIFFERENT FROM A PERSONAL RELATIONSHIP They both apply in different sphere; the first determination refers to work related aspects e.g. professional codes of conduct, employer policies and all relevant procedures according to which we needs to perform our daily duties, as the second one applies to private life. In our working relationship we are friendlyRead MoreStandard 1 Understand Your Role1598 Words   |  7 Pageseducation, college course and assisting individual to maintain and develop a range of relationships within the community including friends, neighbours and other social contact. [ ] Pursuing the individual’s desire for paid or unpaid employment by liaising with employment agencies, employers etc., with the individual. [ ] Support the individual in learning/developing skills in communication, domestic tasks, personal support, social situations and assisting the individual to participate fully in theRead MoreQcf Level 3 Health Social Care Unit 4222-206648 Words   |  3 PagesThe difference of a working and personal relationship is boundaries, professional codes of conduct, employer policies and procedures. In your working relationship you would be friendly but with a different approach than you treat people in your personal life. Be reliable and dependable Do not form inappropriate intimate or personal relationships with individuals Promote individuals’ independence and protect them as far as possible from harm. Do not accept gifts or money from individuals or theirRead MoreEssay on Health and Social Care1063 Words   |  5 Pages1understand working relationships in social care settings 1.1 explain how a working relationship is different from a personal relationship There are many different personal relationships that we have within our lives and we act differently to each of those it may be from a family relationship or a work friendship. It is the same with our working relationship with the individuals that we meet, some over step boundaries and turn into friendships. In a working relationship you are in a relationship with

Dimension of Knowledge Society IKEA

Question: Discuss about the Dimension of Knowledge Society IKEA. Answer: Introduction Knowledge management refers to the efficient handling of information and resources within a context of the commercial organisation. In simpler terms, this refers to the use of right knowledge, in context to the right person at right time. The intention behind these measures is to maintain the work continuity as well as to achieve sustainability with reference to market competitiveness.[1] In the present report, the chosen organisation is IKEA Australia, which is a multinational company and it designs and sells kitchen appliances, ready to assemble furniture and home accessories. IKEA has opened its first store in Australia in Artarmon, near Sydney in the year 1975. In a report by Waluszewski[2], it is s found that on a global basis the store physically receives 771 million of customers and 1.9 billion of visitors as reported in the IKEA.com. While in Australian IKEA stores 11 million of visitors are welcomed and more than 40 million visited IKEA.com.au. Based on the accounts reports of Australian Securities and Investments Commission, the profit margin of IKEA was found to be 1% of $556.6 million which it took from the shoppes in 2010. Thus, this commercial organisation is accurate for discussing the context of knowledge management in terms of leverage for competitive advantage, approach to mitigate obsoledge, and risk management according to market trends. Use of knowledge The use of knowledge in society is one of the popular concepts which describes that the uneven distribution of knowledge among the different members of society is critical to managing, in order to bring sustainability within the organisational performance. The rationale is linked with the fact that the members having the local knowledge, makes the best decision compared to that of the central authority. The same concept is also applicable to IKEA, Australia as its open market is more efficient than any other centrally planned economy. As for example, the company have significant demand in local as well as overseas location and for that company makes decision such as to export smaller parts and then assemble them in target locations, using franchising partners that runs based on brand popularity, and using outsourcing provision to reduce unit price and manage lower product price in market. In order to have local knowledge regarding raw material, production, and customer targeting, the company have worked with local suppliers. The local suppliers provide information on the origin of the wood which is intact in the natural forest, the possible outsourcing opportunities, and partner firms available to maintain market requirement. The company also have their own members working in the field as forest specialists, marketing executives, and supplier quality assurance team, with which they can easily manage service provision. Overall, such measures help them to inform, share knowledge related to a requisite solution available within the locality. Additionally, to increase the local knowledge IKEA have worked with WWF and thus increased the accessibility of FSC certified wood and also the problem of illegal logging is also tackled. Apart from this, IKEA also facilitates young people to make a healthy and sensible decision, as they are better efficient in planning, evaluating a nd delivering the activities. Dissemination of knowledge IKEA prime mission is to provide a wide variety of home furnishing goods of excellent quality and affordable price for the people. This is, however, possible with the proper implementation and distribution of knowledge. The company is keen to introduce new stores all over the world by following its core principles and procedures. Thus, knowledge sharing is key to the expansion of IKEA and securing its technique of doing business. Earlier, tacit knowledge sharing is the only focus of the employees which is quite difficult. This knowledge cannot be codified or written as it is primarily based on the experience. Thus, the corporate culture is very crucial for the sharing of tacit knowledge, which was made possible through effective training for running an IKEA store in its own way. To reduce the complexity in sharing the tacit knowledge, some organisations use codified knowledge known as the explicit knowledge. On the other hand, according to IKEA, the codified information does not alwa ys provide progress and the effort to codify the tacit knowledge may sometimes result in knowledge sharing and stimulate learning. Organisational change risk and labour market segmentation There is always the risk of change in an organisation due to economic conditions and the continuously changing business environment. However, the primary risk involved in the change process is the adopting the new systems and practices. If the company employees do not adjust with the newly changed system, then there is a risk of worsening the company than before. Resistance, effective leadership and operational disruption are some of the few common risks of organisational change. Further, according to Costa[3], in order to avoid any such risk of organisational risk, the company has implemented strategic plans in the labour market segmentation theory. The company has fragmented the urban labour and rural labour on the basis of gender, dependency relationships, skill and patronage. IKEA is also involved in the process of outsourcing apart from segmenting the localised labour market. Moreover, the society is becoming more knowledge-based and thus their choices and opinions are changing over the products and services available. The company has to be more quality and cost oriented for sustain customer retention. Word-of-mouth advertising is most common among the todays knowledgeable customers, so it is the responsibility of the company to frame a good brand image. Sustainability According to Kampf[4], is observed that IKEA Australia is highly involved in CSR activities and contributes for social benefits. The Australians prefer IKEA to have an affordable and ready-to-assemble homewares, furniture and appliances. According to the IKEA Australias CEO, Richard Wilson, CSR and sustainability is a common concept for them. They are trying to do more with less cost, which is their policy. Some of the sustainability efforts of the company include using LED bulb, as it uses 85% of less energy than the traditional bulbs. It uses water saving taps which have the capability of saving 260 baths in a year. In the kitchen appliances, it proposes to use the induction hobs which uses 40% less energy and heats up to 60% quicker than the ceramic cooktops. To support sustainability, the company has designed and launched a Sustainable studio at the Sydneys aMBUSH Gallery for representing a specimen of a sustainable home. The home shows how small changes for sustainability can ma ke big difference towards society in terms of energy and cost saving. Even the majority of Aussies are showing more willingness towards sustainability which is clearly reflective in a survey report. The report shows that 79% of them avoids using heaters and air-conditioning at home, 90% of Aussies prefer recycling, and 78% of them have chosen to use LED lighting. Macroeconomic policy Apart from all these, IKEA Australia is always abiding by the macroeconomic policy which sets rules and regulations for controlling the money supply, national income, interest rate, growth rate and unemployment rate. The policy is framed by the government for the management of the economy and achievement of the economic objectives. Under the impact of globalisation and independent global economy, the context of macroeconomic policy is observed in the global trade activities of IKEA business.[5] The company follows its two major macroeconomic policies viz., monetary policy and fiscal policy. The company has invested AU$6.6 million since 2005, towards the sustainable cotton which in turn helped 110,000 farmers. Following the policy, it is noted that total goods sold have been increased by 43% since the financial year 2012 and since the financial year 2014, it is reported that the number of visitors has substantially increased by 19% to 11 million. Conclusion With its immense success in Australia IKEA is all set to open its new e-commerce store in Australia by next two years. The retailer of the company announced to build a supply and logistics centre of 70,000 square meters in the Marsden Park in Sydney west. The launching of new stores will open around 50 job opportunities and thus can employ more than 150 workers. There are all total eight stores of IKEA in Australia and the ninth is also ready to open in the north of Brisbane. Moreover, in order to take a competitive advantage, the company also offers the facility to shop online for 24/7 and provides the home delivery service in Australia. Australian country manager David Hood is expecting a sales rise of 10% after the implementation of this action. Thus, its sustainable and cost efficient products are nowadays the first choice of the customers in Australia and even in the rest of the world. References Hislop, D. (2013). Knowledge management in organizations: A critical introduction. Oxford University Press. Waluszewski, A. (2016). Whats knowledge management when resources are unknowable and deals negotiated?. IMP Journal, 10(1), 107-128. Costa, E., Soares, A. L., de Sousa, J. P. (2016). Information, knowledge and collaboration management in the internationalisation of SMEs: A systematic literature review. International Journal of Information Management, 36(4), 557-569. Kampf, C. E. (2015). Conceptualizing Knowledge Communication for Project Management. In CCI Conference on Corporate Communication. [5] Cekuls, A. (2015). Culture of knowledge sharing in terms of competitive intelligence in organisations. Economic Science for Rural Development, 104.