PEST analysis PEST analysis stands for "Political‚ Economic‚ Social‚ and Technological analysis" and describes a framework of macroenvironmental factors used in the environmental scanning component of strategic management. It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macroenvironmental factors that the company has to take into consideration. It is a useful strategic tool for understanding market
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Flan Tres Leches 3. Implementation on non-traditional units including the following: Shopping mall food courts Universities Hospitals Airports Stadiums Amusement Parks Office Buildings Mobile Units 4. Increase profitability of KFC through the following: Reduced overhead costs Increased efficiencies Improved customer service Cleaner restaurants Faster and friendlier service Continued high quality products 5. Resolve franchise problems in the United States. Implied
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SWOT Analysis on Days Hotel‚ Hounslow [pic] Contents: Page • Introduction 3 • What is SWOT Analysis? 3 • Vision 5 • PESTLE Analysis 5 • SWOT Analysis of
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What is PESTLE Analysis? Originally known as PEST Analysis‚ this is a macro environmental framework used to understand the impact of the external factors on the organization and is used as strategic analytical technique. PEST stands for "Political‚ Economic‚ Social‚ and Technological” factors. Francis Aguilar is referred to as the originator of this tool. He talked about ETPS – Economic‚ Technological‚ Political‚ and Social– as the four important factors for Scanning the Business Environment
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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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External Analysis 1. PESTLE Factors Political and Legal· Government has high work efficiency‚ justice and transparency.· Company or individual have low tax rate easy to calculate.· Government supports the development of industry and commerce. | Economic·Hong Kong is the world’s 11th trading powers and 2nd stock market in Asia.·One of the most free trade port and open investment policy. It is the only one RMB offshore market.·Over-estimation of the number of visitors.·Loss $46 million in the
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|Basic Information | |2.2 |Different models of Nandos’s food | |3 |Analysis of Consumer Behavior | |3.1 |Profile of Target Market | |3.2 |Memory
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com/blogs/schumpeter/2012/10/chinese-fast-food> [Accessed at 10 April 2013] 4 5. Perepu‚ I.; Purkayastha‚ D.; Maseeha‚ S.(2009) “MCDONALD ’S IN CHINA” Published by IBS Center for Management Research 6 9. Lab Brand‚ 2010. Advertising Analysis: McDonald’s in China. [Online] Available at: < http://www.labbrand.com/brand-source/advertising-analysis-mcdonald’s-china-0> [Accessed 11 April 2013] 10 11. Best Sponsorship and Tie-in Campaign‚ 2009. [Online] Available at: <http://www.pmaa-awards.net/documents/Cat%202%20Best%20Sponsorship%20or%20Tie%20In%20Camp
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INTRODUCTION OF KFC KFC Corporation‚ based in Louisville – Kentucky‚ is the internationally most famous restaurant chain and franchise specialising in chicken. It is currently owned by Yum! Brands‚ Inc.‚ the largest group company in restaurant business in the world with more than 36‚000 branches across the globe. On a daily basis‚ roughly 12 million customers are served at more than 18‚000 KFC stores across 120 nations and territories. As of December 2012‚ there are 4‚600 KFC outlets in the United
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PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
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