. PEST Analysis Political Few countries can compete with the Philippines when it comes to corruption which surprisingly involves the bookstore industry by way of the Bureau of Customs‚ according to Robin (2009) in his article “The Great Book Blockade”. Unfortunately‚ the customs official took their corruption to the shipping of books ever since the success of the international best seller book‚ Twilight by Stephen Meyer. When of the examiners of the customs official opened a shipment of books
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PEST stands for the analysis of the external factors which is beneficial when conducting research before beginning a new project or to help conduct market research. These factors are: * Political – Laws‚ global issues‚ legislation and regulations which may have an effect on your business either immediately or in the future. * Economic – Taxes‚ interest rates‚ inflation‚ the stock markets and consumer confidence all need to be taken into account. * Social – The changes in lifestyle and
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Wednesday‚ June 02‚ 2010 Ministry of Finance CBDT AMENDS RULES RELATING TO TDS 17:31 IST The Central Board of Direct Taxes (CBDT) have amended the Rules relating to TDS provisions date and mode of payment of tax deducted at source (TDS)‚ TDS certificate and filing of ‘statement of TDS’ (TDS return) vide Notification No.41/2010; SO No.1261(E) dated 31.05.2010. The amended rules will apply only in respect of tax deducted on or after 1st day of April 2010. Forms for TDS certificate have been
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The case about misappropriation of a trade secret that I researched is Best Buy Co. v. TechForward Inc. What happened was that Los Angeles-based TechForward sued Best Buy for misappropriating an original TechForward trade secret for the Best Buy “Guaranteed Buyback Program” (Star Tribune). The issue with the lawsuit involves what TechForward’s business does for its consumers. What they do (a much smaller business than Best Buy Co.) is calculate the buyback value of various consumer products such as
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SPRING 2013 INTRODUCTION TO BUSINESS (MGT211) ASSIGNMENT NO. 01 DUE DATE: 2ND MAY 2013 MARKS: 20 ASSIGNMENT: TOPIC: PEST Analysis for New Business Learning objectives To get knowledge about the importance of a PEST analysis. To know about the qualities of a good businessman. Learning outcomes After this assignment‚ student will: To understand the role of PEST analysis for goods and services. To understand the qualities of a good businessman required for the success of a business. Case:
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Pest Analysis Fast Food Retail Sector Introduction Political Factors McDonald’s food safety is of a very high-quality and is recognised as one of the best in the fast food retail sector. One of their main successes has been their training programme. They 1 train all of their staff before they begin work in one of their restaurants on all aspects of food quality‚ food safety and hygiene. This training‚ along with being made aware of the importance of cleanliness‚ continues throughout their
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and Tourism Council estimates that in 2004Travel and tourism is expected to generate* US$ 5‚490.4 billion of economic activity* 10.4% of total GDP* 214‚697‚000 jobs or 8.1% of total employment* 12.2% of total exports [1]My task is to conduct a PEST analysis for a company within the Tourismindustry. Within the tourism industry‚ I have to select one area of interestlike transportation‚ accommodation and transportation etc. and thenone company doing business with these sectors related with thetourism
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technology and for this reason‚ they will be able to impose and introduce their new hybrid technologies‚ which will seem more attractive due to higher oil prices. On the other hand‚ the rise in oil prices will mean that consumers will be less likely to buy Honda’s petrol cars which means they will see a loss of revenue in this sector. This means that although Honda has Hybrid technology to offer‚ the fall demand for their petrol cars may cause them to break see no change in revenue (at least in the short
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PEST ANALYSIS The pest analysis refers to four main factors: POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL The analysis will focus towards the industry that how the political stability‚ rules and regulation‚ and the legal system of the country affecting the overall industry. The economic condition‚ liberalization‚ policy toward foreign investment‚ and growth rate of the economy as a whole also help to analyze the overall industry attractiveness and potential for the growth. The social
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Section 1 PEST Analysis Section 1.1 Social Environment Things outside and around business are business environment‚ and social environment is “the aggregate of social and cultural institutions‚ forms‚ patterns‚ and processes that influence the life of an individual or community. (Pathak‚ 2014)” To put it in other words‚ social environment is related to people‚ and it includes demographic and cultural. Social environment has large influence on business‚ and the details are as follow. Firstly‚ using
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