MODULE TITLE: BUSINESS ENVIRONMENT/ TRAVEL & TOURISM BUSINESS TOPIC : PEST ANALYSIS PEST ANALYSIS Introduction 3 History 3 Growth 3 PEST Analysis 4 Political Factors 4 Economic Factors 5 Social Factors 5 Technological Factors 6 Analyze your findings 7 Strategies pursued by the business to control PEST factors: 7 Recommendations 8 References 8 Oman Air Introduction Oman Air is the flag carrier of the Sultanate of Oman‚ based
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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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to be free of LDC status because of their size‚ growing economic opportunities‚ and ability to take their use of technology to the next level. I would like to discuss Bangladesh and its ability to move away from LDC status through the use of technology to improve their economic health and political system. The People’s Republic of Bangladesh is the 8th most populous country in the world‚ yet it is a LDC. I would like to focus on technology and the benefit its usage could bring to Bangladesh. The
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Classification of Economics and Political Turmoil While the reasons for immigration to the Americas may seem too numerous to count‚ they can be classified into two main categories‚ economics and politics. Several economic factors created intolerable conditions for many people living in many countries around the world. The lack of labor and food in countries around the world caused people to turn to the United States. The Italians‚ Chinese‚ Mexicans‚ Irish‚ Swedish‚ and Dutch arrived to the United
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Jack Zhou 11/05/2014 AP European History Mr. Fisher Political and economic problems that leads to the civil war At the turn of the 17 century‚ England‚ like many other European countries started centralizing their government. The country become stable and powerful under Elizabeth’s polique rule. However‚ after her death‚ leaders such as James I and Charles I undo her improvements‚ as they create political and economic problem that eventually lead to the civil war. During and at the
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Task 1-Analysis of the Macro-environment Identify all the issues you can think of that might impact upon Hotel Chocolat and write them down in the relevant boxes. PESTEL Analysis | Political | * They are providing direct funding and management skills in the Osuben Basin region to launch and maintain sustainable projects to improve the lives of cocoa farmers | Economical | * 5% discount on all products for member of the tasting club * Hotel Chocolat guarantee that they will buy all
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1. Political Environment India became an official republic in 1950‚ and is currently the second largest country with a population of over 1.2 billion people. The country is made up of 28 states and 7 union territories. It functions as a federation‚ with a central federal government as the point of unification among its partially self-governed states and regions. India’s parliamentary system is governed by Constitutional law which came into force on 26th January 1950. Some of the strengths
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MAMEE-DOUBLE DECKER (M) SDN BHD ANALYSIS OF THE MARKETING PROGRAMMES A) PEST ANALYSIS PEST analysis is a useful strategic tool for understanding market growth or decline‚ business position‚ potential and direction for operations. In analyzing the macro-environment‚ it is important to identify the factors that might in turn affect a number of vital variables that are likely to influence the organization’s supply and demand levels and its costs. The radical and ongoing changes occurring
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PEST Analysis for Newspaper Industry Using the PEST analysis to assess the macro environment of the newspaper industryshows that the technology and recession are two of the major factors that have beenaffecting the newspaper industry as well as the socio cultural side. Technology The Internet‚ a powerful and advance technology‚ has changed the model of masscommunication. The Internet has had a major impact on the external environment of thenewspaper industry and has been gradually substituting
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PEST Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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