Application of PESTLE analysis 1. Define the purpose of PESTLE analysis and spell out some of the main constituents of each factor. PESTLE analysis “Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental analysis” is used to evaluate the many factors in the macro environment that will affect the decisions of managers in any organisation. It is normally carried out before a SWOT analysis which is applied for assessing an internal environment of a business (Panah‚ 2012). Government
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Pestle Analysis of Zara SOE11108 Sources of Competitive Advantage Assessment 1 Group Presentation PESTEL – Analysis [pic] Contents 1 Introduction 3 2 Overview 3 3 Business Environment 3 4 Political 4 5 Economic 4 6 Social 5 7 Technological 6 8 Environmental 6 9 Legislative 8 10 Conclusion 8 References 9 Introduction The global apparel market is a consumer-driven industry. Also‚ globalization and new technologies have allowed consumers to have more access to fashion. As a result
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References: * Arnold‚ M.‚ and Politi‚ J. (2007). ’Rockier route to buy-out success ’‚ Financial Times‚ London‚ 7 November. * BBC Panorama (2010) Supermarkets: What Price Cheap Food?‚ 22nd Dec 2010. Available at : http://www.bbc.co.uk/blogs/panorama/2010/12/supermarkets_what_price_cheap.html [Accessed 22/8/2011] * Bream‚ R * Daily Mail (2010)‚ “Tesco starts Pounds 1bn price war”‚ Daily Mail‚ Jan 18
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PESTLE Analysis Political ITC faces stiff restrictions from the government on its tobacco business because of the nature of the product. Discriminatory central taxes are levied on the cigarettes. This has been worsened by the rise in VAT notwithstanding the fact that only 5.7% of all adults smoke cigarettes while almost 35% adults consume tobacco. The per- capita consumption of cigarettes in India is among the lowest in the world while tax per 1000 cigarettes as a percentage of per capita GDP
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Report for: Ford motor company Title: Economics and the Business World Date: 20th December 2012 2012 Table of content Introduction 1) PESTLE Analysis 2) BP Market Structure 1.0 Introduction I am an economist that has recently joined Ford motor company‚ and I have been asked to compile a report to investigating the PESTEL factors which ford are or have been faced with and identifying their main area of concern. This report will also provide a detailed look on the market
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1. Iran PESTLE Analysis 1.1. Political Iran’s government structure is a combination of democracy and modern Islamic theocracy. The head of state is the Supreme Leader‚ who makes all the major decisions on foreign policy and has control over the armed forces. The Supreme Leader is elected by the Assembly of Experts‚ which consists of 86 clerics. The clerics are chosen by the Guardian Council‚ which consists of six jurists and six theologians elected by the Supreme Leader. The Guardian Council is
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Reed Supermarkets Case Study Problem • Reed Supermarkets has lost Market Share(From 15% to 14%) • Competition from other supermarkets/ specialized stores is increasing Goal • Increase two percent Market Share (from 14% to 16 %) • Generate enough profits to keep the shareholders happy Problem Analysis • Increased Competition o Continuous expansion of dollar stores attracting 47 % of the high-income households to their shops. At the high end‚ the entry of whole
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Pre-industrial Trade around the world Strong manufacturing base of Europe & UK in early 1900 American dominance after WW-II Bretten Woods Monetary Agreement Japan Influence post 1970 Soviet weakness Developing nations stepping up exports Entry of China/India/Mexico/Brazil Worldwide Communication Increase in and expansion of technology Liberalization of cross-border trade Development of services that support IB Growing consumer pressures Increased global competition Changing political situation
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The essential facts are that a strategic plan needs to be established by the owners or Bob’s Supermarket to help find differentiators to compete. Understanding the needs and demographics of the communities around Bob’s Supermarket in an effort to retain and also gain new share to grow Bob’s Supermarkets business. It appears establishing a strategic plan for this organization has not been a priority. The Thompson brothers should consider having an executable plan with strategic control (Parnell
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What is Simulation? A simulation is a model that mimics reality; there are many types of simulation. Here we concentrate on methods employed in Operational Research Strategy. Diagrammatic representation of simulation : How simulation assists in supermarkets? The simulation using Arena helps designing the various process that is involved in a super market .The processes such as seizing trolley‚”Q” for payment of items purchased‚ collection of different items etc can be explained using Arena Simulation
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