PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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Ace‚ India’s first indigenous light commercial vehicle; Tata Safari‚ India’s first sports utility vehicle; Tata Indica‚ India’s first indigenously manufactured passenger car; and the Nano‚ the world’s least expensive car. They have long been known for their commercial vehicles and in the past ten years entered into the passenger car market. Currently‚ Tata Motors has a line of five passenger vehicles and a large line of commercial vehicles producing pickups‚ trucks‚ tractor trailers‚ tippers‚ and
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PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
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Introduction For centuries China stood as a leading civilization‚ outpacing the rest of the world in the arts and sciences‚ situated in Eastern Asia‚ bordering the East China Sea‚ Korea Bay‚ Yellow Sea‚ and South China Sea‚ between North Korea and Vietnam‚ having worlds largest population of 1‚330‚044‚544 (July 2008 est.) and worlds second largest economy after USA.(CIA‚2008). Cultural‚ Legal & Political Issues in China Political Background On 1 January 1912‚ the Republic of
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Name: Organisations Management and People Module code: HR 1004 Id : 105353 Pest analyses‚ also partially known as “STEP”‚ has always been undertaking a vital role to every dynamic of all business organisations. Each and every organisation has to undergo involvement and interference of certain factors relating political‚ environmental‚ social and technological factors (PEST). These factors may contain striving from other companies‚ price variation‚ unreliable raw material
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Russian Car industry The 1 st answer is not given in case . u can find from net The second is given in case. In file named image four to image 8 u had sent to me Ans 3 Future of Russian Car industry Russia has potential to become a major automotive base for the export of vehicles and components to the rest of the world. The future of Russian Car industry is attractive as the industry is having following strengths. * Russia has amole supplies of many of the world’s most value natural resources
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different countries‚ times and circumstances going through developments. Automobile industry‚ the significant industry of Malaysia in these days‚ has been allocated to increase the industrialization process to develop Malaysian automobile industry. The Malaysian government started to encourage the foundation of the automobile industry by the recommendation of the Colombo Plan experts in 1964. For developing the industry‚ the government took some policies; justifying import taxes‚ applying a tariff
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PEST DEG Analysis for Gaming Industry Gaming industry includes those corporations that develops and distributes gaming and entertainment products through software programs and gaming hardware such as consoles‚ arcades‚ game gadgets and other technologies. Political-Legal • Intellectual Property Rights Intellectual Property Rights (IPR) is a term that covers patents‚ trademarks‚ and copyright. This law helps understand that all great products and innovation have an origin such as various
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FITNESS INDUSTRY IN AUSTRALIA Service Industry Number of outlets – 3800 outlets in 2009 as per Australian Fitness Industry Survey 2009 (The Access Economics survey put the number as 1570 in 2007-2008‚ as compared to 974 in 2004-5) Number of people utilising their services: 1.73 million Number of people working in the industry 23‚000. Characterstics of fitness industry: * Low barriers to entry * Existence of different formats e.g. * Chains – franchise based * Single – could
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Strategic Management of TESCO supermarket: PESTEL analysis‚ Porter ’s 5 Forces analysis‚ Critical success factors‚ SWOT Analysis‚ VALUE CHAIN analysis‚ TESCO ’S strategic options‚ Core Competences & Cultural Web. IINTRODUCTION The food and drink retail sector represents the largest industry in the UK‚ providing employment for over three million people in primary production‚ manufacturing and retailing. In 2003 retail accounted for 9% of gross domestic product (Datamonitor‚ 2003). In recent years
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