Pestel analysis for Wonga … POLITICAL Conservative ministers agreed to hold meetings with the controversial payday loans company Wonga in exchange for payments to the party. Wonga was censured for employing “aggressive and misleading” debt collection practices by the Office of Fair Trading earlier this year. http://www.telegraph.co.uk/finance/personalfinance/borrowing/loans/9613729/Loan-firms-wonga-buys-the-ears-of-ministers.html ECONMIC Ed Miliband attacked Britain’s “Wonga economy” on Tuesday
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4&5 Nokia’s mission/vision statement analysis Page 6 Appendix Page 7 Nokia Mission/Vision Statement Page 8 References Mission Statement As a formal written document intended to capture an organization’s unique and enduring purpose‚ practices
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popular with the rises of environmental concerns. Tesla an American Company was founded in 2003 by a group of Silicon Valley engineers as electronic cars manufacture‚ in 2006 Tesla launched the production of the first electronically sport car‚ nowadays‚ the company provides power train components for car producers including Toyota and Daimler‚ Tesla is worth more than $25 billion (Groom‚ 2014) and in USA the company has one of the highest growth rate. This success of Tesla Company is contributed to the
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form their strategies based on the external factors in political‚ economic‚ social‚ technological‚ environmental‚ and legal change within their industry. Using PESTEL analysis will allow managers to watch how changes in each part affect their industry‚ forcing change in order to stay competitive. Performing this analysis periodically will help identify macro changes faster. Political Governments around the world play a key role in how an automotive company will be able to compete. In the United States
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The Macro-environment The macro-environment includes concepts such as demography‚ economy‚ natural forces‚ technology‚ politics‚ and culture. Demography refers to studying human populations in terms of size‚ density‚ location‚ age‚ gender‚ race‚ and occupation. This helps to divide the population into market segments which can be beneficial to a marketer in deciding how to tailor their marketing plan to attract that demographic. The economic environment refers to the purchasing power of
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businesses that supply materials & other products into theindustry. The cost of items bought from suppliers (e.g. raw materials‚ components)can have a significant impact on a company’s profitability. If suppliers have high bargaining power over a company‚ then the company’s industry is less attractive. The bargaining power of suppliers will be high when- There are many buyers and few dominant suppliers- There are undifferentiated‚ highly valued productsAs an example of IKEA‚ in recent years‚ had heard
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MACRO ECONOMICS Classical Dichotomy The classical dichotomy is rooted in the understanding that in the long run‚ real output is determined by “real” inputs such as labour‚ capital‚ natural resources and TFP‚ but not money. This means that changes in the money supply determine changes in the price level over time‚ but not real output. However‚ it is important to remember that the classical dichotomy applies only in the long run. Almost all economists would agree that money and price can have very
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exports for 2012/13 are likely to come a touch below body Nasscom’s previous projections as a difficult economic climate in the United States and Europe resulted in slower spending on technology by global corporations in 2012. This factor is affected the all IT companies. The Wipro InfoTech is also progressing in similar manner. The share value of Wipro InfoTech is remained in same range across year. US Approach to IT Outsourcing India has around 59% market share in Outsourcing of services. Most
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Table of contents * Title Page * Introduction * External Environmental analysis * Macro- External Environmental * Industry Attractiveness * Competitor Analysis * Conclusion Introduction Lion Nathan Newzealand breweries are formed by amalgamation of some Australia and Newzealand food and beverages companies. In 1795 James Squire‚ convicted highway robber and publican‚ started his business in Australia producing the first breweries and his legacy
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. One of the evidence about this is the article ’Optus hit with $5 million fine’ which was published in The Age of the July 8‚ 2011‚ it identify and explain the impacts and affects this
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