Part 1. PEST Analysis in Business Environment 1. Introduction 2 1.1 PEST Analysis Execution 2 Political Environment 2 Economical Environment 2 Social Environment 3 Technological Environment 3 Part 2. Case Study On Organizational Business Strategy 2. Vodafone - Using Technology To Improve Economies .............................................................4 2.1 PEST factors affecting
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own place. I also had an increase in pay since I started my first professional job and would like to invest in a new vehicle. I am used to using the family car to get around so having my own vehicle would be great. It would be a struggle traveling to and from work using the city bus‚ which would be my only option if I didn’t get myself a car. My manager had requested that I start looking for a solution due to the fact that I will be traveling to visit our clients soon. Not to mention it would be
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Support: Many important industries in the economy were harmed by the Deepwater Horizontal incident in the Gulf of Mexico. BP spent a great amount of time and money trying to help the economic recovery in local communities and two very important industries after the oil spill. Two industries that were affected the most included seafood and tourism. These two industries are very important to today’s economy. To help fix what BP had destroyed they offered $10 billion to the two industries to rebuild themselves
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visits McDonald’s to give the parent a treat. • The children want to visit as it’s a fun place to eat. • A business customer visits McDonald’s during the working day‚ as the service is quick‚ the food tastes good‚ and it can be eaten in the car‚ without affecting a busy work schedule. • Teenagers visit McDonalds‚ the pound saver menu is affordable‚ and most restaurants now offer free wifi. Another way in which McDonald’s has adapted to lifestyle‚ is the convenience of the 24 hour stores
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at certain times. Extraction cost As we all know the UK oil and gas industry is in serious Decline and has a foreseeable life span of about 40yrs.In the words of Tony Hayward‚ C.E.O. BP group “we are not running out of oil‚ it’s just going to get harder and Harder to get it out of the ground therefore; loads more expensive”. When Extraction cost is high‚ supply cost gets higher and that will have a strong impact on the industry. New technological strategies Oil companies such as Procter Gamble
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Political The Political factors relates to the factors which the government also affects such as government instability or rules and regulations which the business must follow. Nokia have recently moved one of its manufacturing facilities to India‚ and because of this it is important that Nokia follow the rules and regulations that are set in India‚ so that they can operate as efficiently as possible. The types of things they will have to be aware of is the minimum wage‚ the maximum hours a week
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The Toyota automobile company as it began‚ specialized in making cars‚ but now also forms a leading pioneer in bus‚ trucks‚ robot manufacturer‚ truck‚ auto and financial service providers. The Toyota logo is a simple one‚ derived from a Japanese word meaning ‘eight’ which was thought of as bringing luck and success which the company’s journey cannot be denied of. The Toyota logo‚ much like the company itself‚ is recognized as a paramount in the world of automobiles. The logo speaks of simplicity
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KODAK PEST Political US copyright law requires all photo shops to refrain from printing or releasing digital images taken by professional photographers without a copyright release (2005; 2005). The company operates in different countries around the world therefore it needs to comply with those countries regulations for example‚ taxation policy and employment laws. The company has to take into account the stability of the government in countries where it operates to try and minimize political
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number of banks of both national and foreign banks reached 61 banks‚ which shows the success of the financial services in the UAE. We also analysis the external macro-environment that affects all firms of industry‚ PEST analysis is a short form of Political‚ Economic‚ Social‚ and Technological factors that should be considered for any foreign investment. We have analysis for Ms Prakesh all those factors and we found that the UAE is a very suitable for open a business because it have a developed and increased
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Online shopping industry in China 2012/4/8 Online shopping industry in China The Table of content: Instruction of Online shopping industry----------------------------------3 The advantage----------------------------------------------------------------5 The prospect and interest---------------------------------------------------11 Conclusion--------------------------------------------------------------------13 The instruction of the online shopping in China today: According
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