1.1 Using the PESTEL framework‚ identify and discuss the key factors in the macro environment that influence the tourism industry. Political: A large influence on the tourism industry can be the stability of government. If the government in unstable it can be viewed as dangerous and unpleasant to visit. This can have a huge impact on that countries tourism numbers. Some governments also choose to make shopping tax-free for tourists‚ as tourists have the right to claim back VAT (Value-Added Tax)/GST
Premium Marketing Management Strategic management
History The history of video games goes as far back as the 1940s‚ when in 1947 Thomas T. Goldsmith‚ Jr. and Este Ray Mann filed a United States patent request for an invention they described as a "cathode ray tube amusement device." Video gaming would not reach mainstream popularity until the 1970s and 1980s‚ when arcade video games‚ gaming consoles and home computer games were introduced to the general public. Since then‚ video gaming has become a popular form of entertainment and a part of modern
Premium Management Psychology Learning
jurisdictions‚ anyone who is convicted of injuring or killing someone while under the influence of alcohol or drugs can be heavily fined‚ as in France‚ in addition to being given a lengthy prison sentence. Sometimes those campaigns make the brewery industry looking very bad since usually the blame is laid exclusively on them for making alcohol so easily available. Threat‚ with the government heavily expending money in such campaigns the consumption of alcohol tends to decrease with people scare of
Premium Beer Alcoholic beverage
products principally through third-party computer resellers. The Company is also continuing its expansion into new distribution channels‚ such as mass merchandise stores‚ consumer electronics outlets and computer superstores‚ in response to changing industry practices and customer preferences. The Company’s products are sold primarily to business and government customers through independent resellers‚ value-added resellers and systems integrators; to home customers through independent resellers and consumer
Premium United States
The Canadian food economy has been greatly influenced by the dairy industry. With dairy products being an essential part of consumer purchases‚ industries work hard to supply Canadians with a vast amount of high quality dairy products. One of these industries is Parmalat Canada. This industry has operated in Canada since 1997‚ under Parmalat S.p.A of Italy. With its roots reaching back to over 120 years‚ Parmalat Canada has become the premier provider of dairy and food products to Canadian consumers
Premium Milk Cheese
INDUSTRY ANALYSIS 1 External/Industry Analysis: Workforce Housing in the Oil and Gas Industry Steve McKeon Westminster College INDUSTRY ANALYSIS 2 Introduction The external analysis is designed to help companies identify specific trends and events that may have an impact on their business. This concept is not difficult to understand‚ but many companies have fallen victim to their own complacency. This is why the external analysis is so important and must be evaluated on a regular
Premium Petroleum Natural gas Oil well
Politics can be defined in a number of ways on the basis of its focus‚ activities and outcomes. In this section‚ we aim to interpret the relevance of politics in the automobile industry considering the different forms that we have encountered in class. 1) Politics as the Art of Government. The role of politics is to concern itself with the governance and the administration of the city state. The result of this form is setting up of various institutions responsible for the welfare of the state. The
Premium Government Political philosophy Economics
over the last couple of years. Till the recent past‚ most of the banks had adopted fierce costcutting measures to sustain their competitiveness. This strategy however has become obsolete in the new light of immense growth opportunities for banking industry. Most bankers are now confident about their high performance in terms of organic growth and in realising high returns. Nowadays‚ the growth strategies of banks revolve around customer satisfaction. Improved customer relationship management can only
Premium Bank
continue producing vehicles. Automobile manufacturing facilities characterize massive investments in costly fixed expenditures‚ on top of the soaring costs of retaining labor. If the automobile industry experiences a decline‚ Toyota could very well find they are over capacity. Conversely‚ should the automobile industry experience an expansion; Toyota could possibly lose possible sales by reason of being under capacity. This is an emblematic weakness and concern within Toyota ’s high-volume manufacturing
Premium Toyota Automotive industry Automobile
Industry Overview The reason for education is an incontestable topic. According to article 40 of the Quebec Charter of Human Rights and Freedom‚ everyone has a right to free education and as of 1871‚ education for children between the ages of 6-16 became compulsory in Canada. Having practiced playing school during their childhood‚ schools for children are a symbol of growing up; and for the parents‚ are viewed as a rite of passage and entry to the child’s future career (Diskin‚ 2010). However
Premium Education Tutorial Tutor