and Millennium Partners. Failure to resolve the issue could prematurely end the partnership. PEST ANALYSIS (ADAPTATION) ECONOMIC POLITICAL • Stable Economy • Stable Political Scene • Upcoming Election • Tourism Industry • Unemployment Rate • DOW SOCIAL • Political Events • Leisure/Travel TECHNOLOGY • Y2K • Internet Dotcom boom • Moore’s Law PORTER’S 5 FORCES ANALYSIS Threat of entry Very High Cost Name Recognition Supplier Power Labor Luxury industry
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Business Culture & Strategy 1. External environment EXTERNAL MACRO POLITICAL ENVIRONMENT “Tied House’ system had been broken - the number of pubs which a brewer could operate has been limited” - Companies have been forced to choose between brewing and retailing‚ which resulted in selling brewing operations or chains of public houses and hotels. ECONOMIC ENVIRONMENT “Supermarkets began selling drinks at loss-leader prices” -Supermarkets become competitors to
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your slides prior to the day. You may want to look at using a SWOT or PEST analysis. A SWOT analysis requires you to consider strengths‚ weaknesses‚ opportunities and threats. A PEST looks at external issues such as political‚ economical‚ social and technological factors. We have detailed a number of pointers that may be of help to you. You should consider short term and long term recommendations leading on from your analysis‚ taking into consideration any wider implications. The critique should
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they are important‚ how they connect to each other Diamond-E model: key variables‚ connections among variables‚ principal logic‚ examples External analysis what it is‚ how to conduct one‚ general vs. specific environments‚ benefits and challenges of conducting one PEST factors: elements‚ impact on business‚ questions to answer from PEST analysis Porter’s five forces model: explanation of each force’s impact on industry profitability‚ methods of reducing the impact of each force‚ strategic questions
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.......................3 II. Introduction ...............................................................................3 III. Analysis of Business Environment 1. PEST analysis ..............................................................................3-4 2. SWOT analysis .............................................................................4-6 IV. Analysis of Business Management 1. Financial problems .........................................................................6 2. Operation
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Self Evaluation and Personal Development Plan Creating a personal development plan involves more than simply contemplating what you want from your life and how to go about achieving it. If you want to create a personal development plan that helps you to achieve your goals‚ preparation is the key. To prepare‚ one must have a great deal of self-awareness. This includes clear understanding of personal values and ethics‚ analyzing personality characteristics‚ evaluation of learning styles
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that was blood pressure measuring instrument. But due to no proper logistics systems and weak channels of distribution. SWOT ANALYSIS • STRENGTH • • New product. Time saving. • WEAKNESS • • Absence of channel of distribution. No logistics system. SWOT ANALSIS • OPPORTUNITIES • Company may take help of agencies. • THREATS • Unaware of new product to public. PEST
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order to have an idea of W hotels‚ let see Starwood’s key figures: * Revenue in 2008: $5.91 Billion * Net income: $329 Million * Employees: 145 000 We will now see W hotels’ SWOT analysis and a PEST analysis also‚ in order to know a little bit more about this enormous company… SWOT Analysis Strengths Luxury brand positioning: W Hotels Worldwide’s strategy focuses on the development of lifestyle brands at a leisure price point supported by innovative marketing that makes an emotional
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creativity in identifying and developing options‚ for which the 1. Brainstorming technique is particularly useful. See also the free SWOT analysis template and examples‚ and 2. PEST analysis template‚ which help decision-making and problem-solving. 3. SWOT analysis helps assess the strength of a company‚ a business proposition or idea; PEST analysis helps to assess the potential and suitability of a market. Good decision-making requires a mixture of skills: creative development and identification
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highest standard and offers the best experience for young children. Importantly it is a useful tool for you and any assistants or staff to evaluate the impact of what you do on children’s welfare‚ learning and development.” (Ofsted 2009‚ pg.13) PEST ANALYSIS POLITICAL Politically unsettled Arab spring Benevolent dictatorship No pressure groups Frequent change of legislation but no clear guidelines No official body or organization to refer to Government policies are not consistent
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