PEST Analysis Understanding "Big Picture" Forces of Change (Also known as PESTLE‚ PESTEL‚ PESTLIED‚ STEEPLE and SLEPT Analysis) PEST Analysis is a simple‚ useful and widely-used tool that helps you understand the "big picture" of your Political‚ Economic‚ Socio-Cultural and Technological environment. As such‚ it is used by business leaders worldwide to build their vision of the future. It is important for these reasons: • First‚ by making effective use of PEST Analysis‚ you ensure that what
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JW Case Study 1. Corporate Culture also know as company culture is the believes an behaviours that determine the management interaction and transactions. A corporate culture will be reflected in its dress code‚ business hours‚ employee benefits turnover‚ making decisions and many other aspects of operations. This person would have to reflect the values of the company; it would not stay a lot of time in the company. 2. As JW wants to establish a new culture of trust‚ collaboration and
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FRONT OFFICE THE LODGING INDUSTRY REGS NO.1211-944 SYED ALI ZAFAR BATCH – 34 SUBMITTED BY: Ali zafar SUBMITTED ON: 16/08/2012 GREEN HOTELS What are green hotels? Green hotels are environmentally friendly properties that the initiative and implement very important practices and programs to reduce the wastage of energy‚ water‚ and waste. Green hotels are participating in recycling programs‚ linen changing programs‚ Installing energy efficient
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PEST analysis on Harrow College. Political Harrow College is working as independently college. If the government takes action there will be a risk of Harrow College fail to deliver the policy or they may be diverted away from local priorities. The government legislation may force Harrow College to be self managing and self financing. Economic The government may influence the financing decision from Harrow College by cutting the budget from schools. The location of Harrow College may influence
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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forecast change‚ so that it can take advantage of changewithin the environments in which it operates.PEST analysis is used to identify the external forces affectingan organisation .This is a simple analysis of an organisation’sPolitical‚ Economical‚ Social and Technological environment.A PEST analysis incorporating legal and environmentalfactors is called a PESTLE analysis. 3. P for POLITICAL FACTORS E for ECONOMIC FACTORS S for SOCIAL FACTORS T for TECHNOLOGICAL FACTORS 4. Legislation such
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JW Apps claim of “A belief is what we accept as truth” can be interpreted differently through many people. Before we can start to defend or disagree with this claim‚ we must first understand the meaning of truth and belief. A truth is something that is known for certain‚ has been proven and is a certain fact. While as a belief may not necessary have to be true‚ it is more about what people accept and think that could be real. From this‚ we can say that it is possible to defend JW Apps claim as a
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International Journal of Hospitality Management 29 (2010) 609–619 Contents lists available at ScienceDirect International Journal of Hospitality Management journal homepage: www.elsevier.com/locate/ijhosman Antecedents and consequences of job satisfaction in the hotel industry Jen-Te Yang * Department of Hotel Management‚ National Kaohsiung Hospitality College‚ P.O. Box 608‚ Kaohsiung City (800)‚ Taiwan‚ ROC A R T I C L E I N F O A B S T R A C T Keywords: Job satisfaction Organizational
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National Maritime Museum PEST Analysis What political factors affect the Museum’s ability to attract visitors? The museum is required to meet government target to attract any groups. Free admissions in museum are funded by central Government. Foreign tourists are worried about health risk such us the recent outbreak of Foot and Mouth disease and because of this they can stop to visit. What economic factors affect the Museum’s ability to generate income and increase the number and profile of visitors
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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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