& Structure of Lesson Business Environment • • • • What does the business environment comprise? Use of PEST analysis Influences and drivers for change Glocalization Title of Slides Learning Outcomes At the end of this lesson‚ you should: Understand the nature of the business environment which includes ; • What does the business environment comprise? • Use of PEST analysis • Influences and drivers of change • Glocalization Title of Slides OPENING QUESTION WHERE
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PEST ANALYSIS Political- Hong Kong is politically stable‚ there would rarely be any political factors that will interrupt and slow down the company’s growth. Hong Kong doesn’t have goods and services tax so this allows McDonalds to have lower expenses and they can maximize their profit. The international operations of Mcdonald’s are highly influenced by the individual state policies enforced by each government. Economic- The economic collapse has caused Hong Kong to enter the recession stage in
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APA citations to support your statements‚ explain what a PEST table is and why it is important to an organization (1-2 paragraphs). Pest Analysis is a frame work that strategy consultants uses to scan the mirco environment in which the firm operates. (Value Based 2013) PEST is Political‚ Ecomonic‚ Social factor and Techonolgies factors. Companies will use this in workshops and it will make the managmenets brainstorm techniques using PEST for strategic plannings‚ marketing planning or development
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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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Candy Corner Philippines’ Summary Candy Corner is the first retail outlet in the Philippines to combine traditional packaged and novelty confectionery with the concept of customers’ choosing and combining their own selection of sweets. The first Candy Corner store in Glorietta 2 was opened in October 1996. The business grew most during the economic turmoil of 1997 and 1998 with growths of over 300% both in volume and sales. Now‚ with over 11 years’ experience in the confectionery retail
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Holborn College Subject : Corporate Strategy | Course Work Title : Fast Food Industry Analysis | Module Code : WAMB 4006 | Module Leader : G.Bowen | Student Name : Parineeta Ubhiryane | Student ID : 37754 No. of words
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HISTORY The first Candy Corner was opened in 1996 in Makati by Ricardo and Rosemarie Andres. With its success the second branch was opened in SM Megamall a year later. By 1999‚ Candy Corner already had 12 outlets. After one year the coupler got into franchising. Today‚ they have more than 50 outlets‚ almost half of which are franchise. Candy Corner is the first retail outlet in the Philippines to combine traditional packaged and novelty confectionery with the concept of customers’ choosing
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Candy Shop Business Plan It would seem that if you’re starting a confectionary that writing a candy shop business plan should be all sugar‚ sweet‚ and fun as well. If you’re here‚ you’ve figured out that’s not exactly the case. That’s because writing a candy shop business plan can be as difficult as developing a coherent and effective strategy and plan for any other new start-up or existing operation. As you’ve probably figured out by now‚ it’s going to take more than a passion for chocolate to
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PEST Analysis about the American Manufacturing Industry In the article Can the Future Be Built in America‚ the author Pete Engardio describes the crucial issue of the manufacturing industry exodus from the United States and how smarter tax policies‚ low-cost loans‚ and industrial zones may help keep factories at home. For over a half century‚ American manufacturing has dominated the globe. It helped rebuild Europe and Japan and it stimulated the economic growth in China because of outsourcing
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of art European air hub at Leipzig/Halle Airport in Germany. In this document I will be covering both a PEST and SWOT analysis of DHL as a company. PEST Analysis of DHL‚ the PEST itself looks into the Political‚ Economic‚ Social and Technological Factors of a company and its marketing environment. Focusing on the internal environment‚ micro-environment and the macro-environment. Using a PEST analysis should always be considered when entering a new market‚ Launching a new product or service‚ considering
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