PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
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POLITICAL ASPECTS • Political uncertainty in Malaysia with Prime Minister Abdullah Badawi set to step down in March 2009. • Deputy Prime Minister Najib Razak is expected to take over the ruling-coalition party‚ but with a cloud of allegations. • Political unrest in Thailand recently when anti-government protesters recently blocked flights for a week at Bangkok’s main airports. • ASEAN nations have been pushing Indonesia to scrap its Rp.1 million ‘Fiscal’ charge to all Indonesian citizens and
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Political/Legal forces Malaysia is a multi-racial country and there are around 55% of the population are Malays. In order to serve Islam market‚ Halal certification is required for food retail industry. In Malaysia‚ Halal certification can be obtained from the Department of Islamic Development Malaysia (JAKIM 2011). The Halal Food scheme are covered by the production‚ preparation‚ handling and storage of the food that will be serve and will be monitor by the JAKIM committee. According to Malaysia’s
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Political – legal factors ABB is a company which has headquarter also in Czech Republic. Czech Republic is a country with democratic legal system. The power is divided in three parts: legislative‚ executive and court which are mutually balanced and democratically controlled. The constitution of Czech Republic includes some insurance‚ which have to help to restrict state power and prevent to abuse the power especially in human rights. ABB Ltd. was established as a limited liability company and its
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Content Executive Summary Industry Analysis The Overview of Company Company Analysis Major strategic issues facing the company SWOT Matrix Future strategic choices Growth options Recommendation List of references Executive Summary Case study means:”A process or record of research into the development of a particular person‚ group‚ or situation over a period of time; A particular instance of something used or analysed in order to
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Bukidnon State University-MOGCHS External Studies Center Don Apolinar Velez Street‚ Cagayan de Oro City MARKETING 102 Submitted by: Mingo‚Lurdelin Napone‚ Rey Tommy R. Omandam‚ Janette Pimentel‚ Regine Ramos‚ Janlyn I. Roxas‚ Celina Romero‚ Rochelle Sajonia‚ Catherine Salva‚ Astred Joy Saylon‚ Eunice Tagud‚ Mary Joy Submitted to: Mr. Romualdo Gabriel Instructor March 2012 Avon’s History David H. McConnell didn’t originally intend to create a beauty company. A traveling
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PROMOTION: 2. DIRECT SUPPORT: 3. Internets: Other methods can include 1. Newspapers : 2. Pamphlets: 3. Magazines: 4. Trade organization: 5. Market intelligence report: 6. Internal company records : Personal selling: Marketing mix: Push and pull strategy: Task 1 part b: RASHES ON THE SKIN : Addressing him: DISCOUNT TO OTHER CUSTOMER : PONDS Task 2 part c: Recruitment and selection: Procedure Step 1: Identify Vacancy and Evaluate Need Step
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PEST Analysis • Political factors: As Poland became member of the European Union it became more attractive for foreign investors‚ especially it became easier to invest for members of the EU community. Poland is a democratic state with market economics. Being member of the EU‚ Poland receives grants from it. Political situation is stable. No revolutions‚ wars‚ strikes or terroristic attacks happen in Poland‚ that fact makes it additionally attractive for the investors. Entrance to the EU zone
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The role of situation analysis in marketing plan Facing to more complex business environment‚ systematically marketing plans are important to organizations in terms of maintaining a high level of operating efficiency and achieving goals fully. According to Sally and John (1996:3)‚ marketing plans are “the written document or blueprint for implementing and controlling an organization’s marketing activities related to a particular marketing strategy” (Sally‚ D.‚ Lyndon S.‚ & John‚ B.‚ 1996: 3). A
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The politics of Saudi Arabia takes place in the context of an absolute monarchy founded upon the tenets of Islam. The King of Saudi Arabia is both head of state and the head of government‚ but decisions are‚ to a large extent‚ made on the basis of consultation among the senior princes of the royal family and the religious establishment. The Qur’an is declared to be the constitution of the country‚ which is governed on the basis of Islamic law (Shari’a). Government is dominated by the vast royal
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