developed 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)
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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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• Ineffective Marketing. • No organization or management structure. • Lack of professional employees Opportunity • Health conscious lifestyle trends. • High growth rate in food industry. • Increase demand in rural markets Threats • Coca Cola and Pepsi are international giants in beverage industry. • Price of sugar and sugar substitutes is rising. The Complications When we look at Pakola as a brand‚ it is almost 60 years old and has a strong heritage behind it. It also is one of
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1.0 Introduction Purpose The purpose of this analysis is to conduct an environmental analysis in the context of AirAsia’s international business operations‚ describing the major variables involved and the impact of the specific threats and opportunities confronted by AirAsia besides that‚ this analysis also helps to identify AirAsia’s competitive strategy and analyse how the strategy is implemented to gain competitive advantage. Background on AirAsia AirAsia was set up by Dato’ Tony Fernandes
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RETAIL ASSETS (USD bn) | |FY2003 |FY2004 |FY2005 | |Outstandings |153 |217 |298 | |Disbursements |18 |22 |29 | Source: Economic Times • The retail loan market
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PEST Analysis Political The international IT and electronics industries have been characterized with intensive competition. Electronics and IT companies are constantly reviewing their achievements as well as the competitors’ in order to come up with better business strategies in an effort to best all other existing industry rivals. With the merger and acquisition strategy between HP and Compaq‚ members of the IT and electronics industry all over the world were threatened with the intensified effort
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Introduction PEST Analysis is the Political‚ Economic‚ Social culture and Technology analysis that a company does to determine the overall business environment. A PEST analysis is a look at the external environment of a company or a business that plays an important role in managing and decision making of a company. It is crucial for a company to consider its environment before relating with the public or customers. The PEST analysis examines the impact of each of the factor on the company. Thus
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PEST analysis: Political: Australia is a type of democratic country and it is stable politically. The characteristics of Australian government such as transparency and having low level of corruption‚ and being internationally competitiveness helps Australia to have the lowest rank of political instability in Asia-Pacific and it standing on bottom fourth position in the world in political instability (Australian government 2009). Therefore this factor is an advantage and an opportunity for the companies
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Support: Many important industries in the economy were harmed by the Deepwater Horizontal incident in the Gulf of Mexico. BP spent a great amount of time and money trying to help the economic recovery in local communities and two very important industries after the oil spill. Two industries that were affected the most included seafood and tourism. These two industries are very important to today’s economy. To help fix what BP had destroyed they offered $10 billion to the two industries to rebuild themselves
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are collect. Although some members of parliament may legislate that its home industry Mini for example should have more importance and curb competition in the country. It is said that during times of political stability business is favourable. Toyota in this case can regroup its ideas and put forward plans which can be tolerated by the government. This time period can make or break a business particularly in the car industry. It’s regarded as suitable to produce cars that are environmental friendly
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