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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PEST POLITICAL ECONOMIC Over the years‚ the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004‚ the Philippine economy grew by 6.1% surprising everyone. In 2005‚ the Philippine peso appreciated by 6%‚ the fastest in the Asian region for that year
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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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Gym Candy Analysis The book I read was Gym Candy and it was written by Carl Deuker. The main character in the novel was Mick Johnson. Mick Johnson wanted to be the star running back from the moment his father put a football into his hands at the age of four. Almost his whole life he was led to believe that his father was a star football player in the NFL‚ but later finds out he was not told the whole story. Mick promised himself that he’d never make the same mistakes his father did. In junior
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The Gym What truly defines a man is what he has to show when the weights of life are coming down. The gym is the place where I go to let off steam‚ forget about the world‚ and work towards my dreams. To play football at the next level is my dream and the gym is the gateway to the path that I will travel to get there. Everyone has that one thing they do to keep a sane mind. Whether it’d be painting ‚listening to music‚ or my case going to Anytime fitness . Anytime Fitness is one of the local
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Tutorial 1: Markets and Organizations Q1. Case Study [pic] Managing external influences First Group (First) is the UK’s largest transport operator‚ employing more than 137‚000 people in the UK and the USA. In the UK‚ it runs rail services carrying around 275 million passengers a year. It is the UK’s largest bus operator and also runs a rail freight business. In the US‚ it operates school transport for nearly four million students a day. The company is seeking to extend it operation in UK
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themes and develop characters. The gym is a setting the author uses to show us the theme “A person must take action in order to persevere goals”. The gym is where Junior could just kinda get away from life and don’t worry about anything except basketball. I chose to do the gym with my theme because Junior had a goal to get onto the team and he did‚ he didn’t get on any special team he got on varsity. Junior could do anything if he put his mind to it in the gym. Another setting is school‚ Junior tried
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WWW.IBISWORLD.COM Gym‚Health&FitnessClubsintheUS June 2011 1 Working out: Business will stay strong as demand from health-conscious consumers grows IBISWorld Industry Report 71394 Gym‚ Health & Fitness Clubs in the US June2011 2 AboutthisIndustry 2 2 2 2 Industry Definition Main Activities Similar Industries Additional Resources 16 International Trade 17 Business Locations TaylorHamilton 30 KeyStatistics 30 Industry Data 30 Annual Change 30 Key Ratios 19
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to the upper body part of my workout‚ where I used gym equipment for bench presses‚ shoulder presses‚ halfway and full curls‚ standing tricep extensions‚ and shoulder kettle bell presses in addition to pushups and tricep dips. These three sets were repeated another two times before finishing off my workout with a cool down and a stretch. The workout left me feeling energized‚ awake‚ happy and strong. Exercising‚ whether in the basement or in a gym can have many benefits. According
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INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection‚ using the four headings of a PEST analysis: political‚ economic‚ social and technological. Where such influences have more than one dimension‚ they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001‚ and
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