A LEVEL OF ACHIEVEMENT BUSINESS STUDIES A LEVEL RESOURCES. Issue 3 Sept 2004 Page 1 PEST Analysis A PEST analysis examines the Political‚ Economic‚ Social and Technological environments that affect industries and companies. (PEST analysis is also known STEP analysis). It is now recognised by marketing professionals that in the longer term survival and success of a business is dependant upon the external environment a business operates within. It is not enough to say we have the right marketing
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majority African and native decent Venezuelan citizens. The past 200 years‚ especially the last 20 years this country made many great leaps to address these social problems. Under the leadership of Hugo Chávez who took office in 1999‚ he led the country to become a more socialist and equal country (“Hugo Chávez”). The social gap between the rich and the poor narrowed and many social and cultural rights were given to its people. Although under Chávez’s leadership this country have made great leaps in
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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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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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tais como: clientes externos‚ agentes e distribuidores‚ fornecedores‚ a competição‚ etc. 3. Factores macro-ambientais‚ tais como: Poderes Políticos (e legais)‚ poderes económicos‚ Sócio-cultural e Tecnológicos. Estes são conhecidos como factores PEST. [pic] Factores Políticos A área política representa enorme influência sobre as regras empresariais‚ e o poder de compra de clientes e outras empresas. Você sempre deve considerar factores como: 1. Quanto estável é o ambiente político? 2. Poderão
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apatil4 Case 2 (Managing Your Boss) 1) List the issues and their importance to Project Management‚ why are they. 2) Are these points only applicable to your relationship with your boss? If so‚ why and if not‚ in what other scenario would these be applicable and why? Ans 1) Managing your boss or the relationship is an important part to the Project Management. If you are a Project Manager‚ then there are many issues to be taken care of in case of “Managing Your Boss”. Here are few issues:a) You
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Shelter isn’t safe‚ buildings easy to damage. If only Mrs. Boss was here with me. She promised she would save me‚ she should be here anytime soon now. Is that a plane? Is that… Mrs. Boss? Is she here to save me? Down here Mrs. Boss‚ down here. Yikes‚ that’s a lot of planes following Mrs. Boss. They firing at me‚ run as fast as you can‚ find shelter‚ hide‚ make yourself invisible. Mrs. Boss‚ is she safe‚ is she alive? Mr. Drover‚ please keep Mrs. Boss safe. Who are these people firing at me? Is it that white
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Characteristics of a Good Boss The best boss I ever had was Michael‚ the owner of Russian restaurant “Fiddler” in Southfield Michigan. Besides “Fiddler”‚ he owned four over restaurants and had more than fifty employees working for him. All the workers loved him‚ because he definitely embraced the main characteristics of a good boss: Michael had experience and knowledge of the business‚ he was easy to communicate with and he cared about his people. A good boss knows his business
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EXPLAIN THE PURPOSE AND BENEFITS OF PEST ANALYSIS. PEST analysis is used to evaluate the political‚ economic‚ social and technological influences that organizations might face when they are about to start a project. It provides external factors that organizations should take into consideration before they start the projects. In this case study‚ the UNISION used PEST analysis to investigate the external environment surrounding migrant workers; it helps UNISON to identify and understand the reasons
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A perfect example of nationalization is in the year 2006‚ Venezuela under President Hugo Chavez initiated naturalization. Nationalization according to Funk and Wagnall’s New World Encyclopedia” is in broad economic terms‚ the governmental appropriation of property other than land‚ transferring it from the domain of private property to national control”. However‚ if a nation decides to nationalize there may be some international investment risk. These risks can be currency inconvertibility‚ transfer
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