PEST ANALYSIS Stationary Businesses do not operate in a vacuum. The stationary business world is dynamic and to achieve competitive edge we should need to understand the dynamics of stationary industry and business . Our Organizations face problems from external factors which can affect products‚ policies‚ people and profits. To understand and evaluate external factors‚ we undertake what is called a PESTEC Analysis. * Political factors that affect businesses include new legislation such as the
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as ways of cataloguing the vast number of possible issues that might affect an industry. A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis‚ but these themes can easily be subsumed in the others. The analysis examines the impact of each of these factors (and their interplay with each other) on the
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Pestel analysis : Banking sectorPresentation Transcript * 1. PESTEL ANALYSIS- BANKING SECTOR ABHINAV SAINI AKANKSHYA BISHWAL BIPIN KUMAR GAURAV SHARMA PANKIT MAHENDRU RISHIKA MAHESHWARI * 2. The banking system remains‚ as always‚ the most dominant segment of thefinancial sector. Indian banks continue to build on their strengths under theregulators watchful eye and hence‚ have emerged stronger. The banking sector in India has made significant progress in the last five years –the growth is
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PEST analysis From Wikipedia‚ the free encyclopedia "PEST" redirects here. For the special forces unit of the Slovenian Military Police‚ see Specialized Unit for Special Tactics. PEST analysis (’Political‚ Economic‚ Social and Technological analysis’’’) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Some analysts added Legal and rearranged the mnemonic to SLEPT; inserting Environmental factors expanded it to PESTEL or
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enterprise must have comprehensive and well followed recruitment policies to ensure that they meet legal obligations as well as organizational needs and social requirements. This can be done via an analysis of the business’s Micro and Macro-environment. The objective of this report is to analyze the market in which Tesco PLC operates and discuss how this will affect the companies HR policies. Political factors: As with any company‚ Tesco is restricted‚ to a degree‚ by current employment legislation
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hub for gold and jewellery in the Middle East. Accordingly‚ at any given time‚ there are over 25 tons of gold on display in jewellery shop windows in Dubai. On the other hand‚ the sales volume of imported jewellery in Dubai represents 73% of total market size. With Dubai ranking the third most significant re-export center in the world after Hong Kong and Singapore‚ re-export trade forms one- third of the entire trading sector in the UAE. In addition‚ UAE‚ Lebanon‚ and Isreal are the only participant
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Part 1. PEST Analysis in Business Environment 1. Introduction 2 1.1 PEST Analysis Execution 2 Political Environment 2 Economical Environment 2 Social Environment 3 Technological Environment 3 Part 2. Case Study On Organizational Business Strategy 2. Vodafone - Using Technology To Improve Economies .............................................................4 2.1 PEST factors affecting
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before 2011 During the past decade‚ Brazil had a government that focused on keeping inflation from shooting up‚ reducing unemployment and raising amount of money workers would earn. AS for the new president‚ his “major priorities of his administration included reforming social security‚ pension and tax policy‚ combating hunger and poverty‚ and enhancing educational opportunities‚ particularly for poor children”. With the reforms that have been put into place‚ Brazil had a superb ten years of economic
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Saina Zhao 01/21/2014 ANTH 210 X062 The protests about the amount of money Brazil is spending on the World Cup 2014 On October 30‚ 2007‚ FIFA in Zurich officially announced that the World Cup 2014 will hold in Brazil‚ and this is the first time after Brazil to host the football World Cup again since 1950. In the history of the football game‚ Brazil’s national team has win the highest honor of football five times‚ also Brazilian has hosted the World Cup in 1950. The football’s
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CHINA’S TELECOMMUNICATIONS INDUSTRY INTRODUCTION China has developed a huge telecommunications sector. Today China is one of the largest telecom subscribers in the world’s telecommunication market. China’s telecommunications industry started to expand during early 1990s due to economic growth‚ technological improvements‚ low tax rates‚ and institutional changes‚ which allowed competition. Figure 1 shows that electronic-telecom industry had the fastest growth of sales revenue during
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