PEST Analysis Using the PEST analysis to assess the macro environment of the newspaper industry shows that the technology and recession are two of the major factors that have been affecting the newspaper industry as well as the socio cultural side. Technology The Internet‚ a powerful and advance technology‚ has changed the model of mass communication. The Internet has had a major impact on the external environment of the newspaper industry and has been gradually substituting the prints. It has
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|Meals‚ Entertainment and Travel Policy |Economic growth |market/trade cycles | |trading policies | |• Interest rates(Afford the shareholders a |specific industry factors | |funding‚ grants and | |superior return on investment) |market routes trends | |initiatives | |• Inflation
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PEST ANALYSIS The PEST analysis is a useful tool for understanding market growth or decline‚ and as such the position‚ potential and direction for a business. PEST is an acronym for Political‚ Economic‚ Social and Technological factors‚ which are used to assess the market for a business. Basically it is a scan of macro-external environment‚ in which a business wants to operate. Political Factors include: • Tax policy • Employment laws • Trade restriction and Tariffs
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THE PHILIPPINE TOURISM INDUSTRY ANALYSIS I. SCANNING OF THE EXTERNAL ENVIRONMENT A. OPERATING ENVIRONMENT 1. ECONOMIC INDICATORS Income‚ employment‚ balance of payments and investments are all the positive impacts of the tourism industry. The industry generates income through salary‚ wages‚ loan and interest. The amount spent by tourists though their currency in the accommodation‚ food and beverage and other tourism services and products‚once they visited in our country‚ becomes our tourist
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by the tourism industry in Malaysia‚ one of the countries in the BIMP EAGA regions. The main issue in tourism are low productivity and low skilled labours. Towards Vision 2020‚ Malaysia needs to produce a world-class tourist destination. However‚ the imbalance between global demand for and supply of tourism sector urges Malaysia to produce high skilled labours and productivity. Our findings includes five factor contributing to the two main issues‚ which are; lack of cooperation among tourism stakeholders
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POLITICAL: #1 issue - dairy production dairy production is directly proportional to yogurt production There is a nearing "Yogurt Summit" to be held at Albany‚ Greece on the 15th of August. At the summit‚ there will be the key players in the industry and they are will be focusing on how they would increase the amount of dairy production for the yogurt producers. ECONOMIC: #2 issue - How to support dairy farms and farmers Farmers (in America) are requesting for the fixing of milk marketing
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Introduction Tourism has become one of the world’s main industries; both developing and extremely developed countries are now taking closer look. Tourism give a lot of foreign exchange to the country‚ it’s provides jobs directly in the same field (Tourism Industry) and indirectly in supporting industries for example‚ agriculture industry‚ guide to the development of main and important services‚ for example‚ roads‚ airports ‚ and in the same time it’s opens the country to the outside world. Tourism In Oman
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Profile of the Industry Overview The textile manufacturing sector includes companies engaged in various textile products such as yarn‚ thread‚ twine‚ and knit fabrics‚ textile dying‚ coating‚ and waterproofing. Finished textile products include apparel‚ leather‚ curtains and drapes‚ canvas sheeting‚ and other fabric items. Pakistan exports are high dependent on the textile industry. Pakistan has become one of the leading cotton producing country. Size‚ concentration‚ structure Pakistan is
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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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1.1 Using the PESTEL framework‚ identify and discuss the key factors in the macro environment that influence the tourism industry. Political: A large influence on the tourism industry can be the stability of government. If the government in unstable it can be viewed as dangerous and unpleasant to visit. This can have a huge impact on that countries tourism numbers. Some governments also choose to make shopping tax-free for tourists‚ as tourists have the right to claim back VAT (Value-Added Tax)/GST
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