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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PEST Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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Fast Food Healthier than Cafeteria food? Many people think that fast food is bad for our health and that it shouldn’t be allowed in school. More healthful options should be promoted but what’s the use of healthy food in school if the kids don’t want to eat it? Nobody least of all adults LIKE eating healthy if given a choice everyone always goes for the fast food.When we eat lunch at school we get the bad end of the stick. they feed us cardboard pizza‚ meat that isn’t even meat and has been
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Pest Analysis Political: With the growing demand in the energy drink market and possible side effects due to them because of the high caffeine content‚ the government of India may come up with the regulations that require the product to be tested clinically to prove its benefits and get the local certification too. Social: Burn position itself as a youth brand. With India being the country with youth centric demographic‚ it helps BURN to reap the benefits if it position itself as the right product
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Eng 112 Carolyn Casey 11/12/14 Fast Food and Obesity The obesity epidemic Americans face today is a growing problem that affects more than half of the population. With growing body sizes and serious medical problems associated with obesity‚ it is a problem that needs to be addressed and changed. No one would argue that obesity‚ especially in children‚ is not a problem. However‚ the cause of childhood obesity is heavily debated. Many people claim that fast-food restaurants are to blame. In the
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DISADVANTAGES OF FAST FOOD Fast food is pretty controversial. It has some advantages like saving time and money‚ but also some drawbacks‚ most of them related with one’s health condition. The popularity of fast food is on the rise in more and more countries of the world. Many people consider it a convenient source of food especially given the fact that the modern man is always in a hurry. This type of food is prepared and served very quickly and it can be excellent for busy people or for single
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IBISWORLD.COM Special Report April 2012 1 Top 10 Fastest-Growing Industries Special Report April 2012 Top 10 FastestGrowing Industries By Lauren Setar & Matthew MacFarland With environmentally friendly practices or technological advances‚ these industries are outpacing the economic recovery. Consumer concerns about health and the environment bode well for some industries Across the United States‚ industries‚ businesses and consumers are climbing out of the Great Recession’s
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Fast Food in America People today have a need for speed. Everything has to be more convenient‚ and bigger. Humans are the super-sized rulers of the world‚ and people need it as fast as possible. This lifestyle has consequences; if one does not start taking charge‚ and fight these big corporations right now these mistakes will be too far reaching and irreversible. Because fast food is convenient‚ inexpensive‚ and is a cultural habit‚ people must stop eating it since it has increased health problems
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Running Head: COMPETITIVE ANALYSIS Competitive Analysis of an Industry [Name of the Writer] [Name of the Institution] Competitive Analysis of an Industry Importance of understanding Business Strategy In the business world‚ it is essential to always plan for every action so that the company’s operation is not impaired. This procedure involves making a series of decisions and setting goals for monitoring‚ implementation and verification of the results; and we may call this whole
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