Page 2 Macro Environment Page 2 Competitive Forces in the Tourism Industry Page 4 Conclusion Page 6 References Page 6 Introduction: This paper will be dynamically examining the tourism industry during the 2000s. It will begin by using the PESTEL framework to analyse the macro environment and determine which factors drive the competitive forces within the industry. Following this‚ Porter’s Five Forces model will be used to analyse the actual competitive forces at work within the industry and
Premium Environment Tourism Hurricane Katrina
PESTEL analysis The forces in the external environment affect the way a business operates and the choices it makes to improve its performance. PESTEL Analysis for Apple Political factors • It is reported that in 2007 52% of sales were from countries outside America. Bad international relations might influence apple in a negative manner. • Apple produces its products outside America such as in China‚ political conflicts between America and such a country could lead to serious
Premium Inflation App Store Environment
Case Study: Tech Ltd Introduction In deciding whether Tech Ltd is a company that we would buy‚ we evaluated the profitability‚ liquidity‚ efficiency‚ financial leverage and market ratios of the company. Profitability The profitability ratios of Tech Ltd tells the story of an improving company with healthy profitability. The gross margin has been fairly steady at a return of around 16% for the past 2 years‚ and the net margin is showing that the business has become more efficient at generating
Premium Financial ratios Financial ratio Generally Accepted Accounting Principles
Purchase‚ Vessel Financing‚ Merchant Cash Advance‚ Working Capital Loan and Project Financing to businesses locally or internationally. Till date‚ there is only 1 office located at Odeon Tower‚ Singapore with a staff strength of 80 headcounts. 2. PESTEL Analysis Of External Factors 2.1
Premium Global Competitiveness Report Global Competitiveness Report Finance
EXECUTIVE SUMMARY .........………………………………………………………3 1.0 INTRODUCTION 2.1 The History of McDonalds ………………………...…………….……4 2.2 Industry Overview ………………………………………………….....4 2.3 The challenges…………………………………………………...….…5-6 2.0 PESTEL Analysis 3.4 Political ………………………………………………....………...…. 7 3.5 Economical ……………………………………………………….…...7 3.6 Social………………………………………………………….....…….8 3.7 Technological……………………………………………….……..…..8 3.8 Environmental……………………………………………
Premium Food 2012 Fast food restaurant
----------------------------------------------------------------------------- 5 - 6 * Introduction of Company SWOT ANALYSIS of IKEA ------------------------------------------------------------------- 7 - 8 EXTERNAL ANALYSIS (GENERAL ENVIRONMENT - PESTEL) ----------------- 9 - 10 * Explanation of General Environment * Political Forces * Economic Conditions * Socio-cultural Conditions * Technological Changes * Environment Factors * Legal Factors EXTERNAL ANALYSIS (COMPETITIVE ENVIRONMENT) -------------------------
Premium Strategic management SWOT analysis
SWOT and PESTEL analysis of the automobile industry At the beginning the gas price and economy were stable‚ this create conducive environment for car manufacturers‚ Vehicle sale has become stronger in the market‚ than it was anticipated due to expected economic growth‚ where by industry marketing expenditure were flat at $ 1‚505 million and later increased $39 ml to 1544 ml due to aggressive advertising and promotion increase despite growing sales‚ oil prices were doubled in the December‚ and raise
Premium Automobile Internal combustion engine Pollution
In the business world strategic positioning has become an unavoidable endeavor as businesses look for every means of improving their competitive advantage . In such a business environment ‚ a much reliable reprieve can be found in the adaptation of analysis models by organizations in their marketing campaigns . PEST analysis models have been utilized by organizations all over the world to determine or predict future trends in business as well as to take preemptive measures to avoid running into losses
Premium Dell Personal computer
1. PESTEL: Strategic analysis is basically concerned with the structuring of the relationship between a business and its environment. The external environment which is dynamic and changing holds both opportunities and threats for the organizations. The organizations while attempting at strategic realignments‚ try to capture these opportunities and avoid the emerging threats. So it is very important for organizations like Intel to study and understand about the external environment. To do this
Premium Porter five forces analysis Economics Complementors
analyze Tesla Motors’ case‚ external environment analysis on electric car industry should be done first‚ due to the factor that it will provide a better understanding of threats and opportunities that Tesla Motors may have in the future operation. The Pestel Framework 1. Political Factors * Federal tax credit of up to $7500 for qualified plug-in electric drive vehicles. * Received $465 million loan from the U.S. Department of Energy in June 2009. (C 47) * U.S. government supported investments
Premium Electric vehicle Electric car Tesla Motors