An industry is a creature of its environment. Its very survival and all of its perspectives‚ resources‚ problems‚ and opportunities are generated & conditioned by the environment. Thus it is important for an industry to monitor the relevant changes taking place in its environment and formulate strategies to adapt to these changes. The overall environment of the Airlines Industry in the USA as found in this case‚ could be described as that of bitter rivalry. The hostility between competitors were
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International Staffing Policies Ethnocentric is a staffing policy that is used in companies that has primarily international strategic orientation. This policy is generally adopted by headquarters by sending employees from the home or parent countries to the host country. This approach is used best in some situations such as‚ a team is sent from the home country to help setting up a new plant as well as train subsidiary personnel to use new system. The benefit of having staffs from home country
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PEST ANAYLSIS 7 ELEVEN 1.1 CompanyBackground(7-Eleven) 7-Eleven‚ founded in 1927 in Dallas‚ Texas‚ is the world’s largest operator and licenser of convenience stores with more than 21‚000 units worldwide and nation’s largest independent gasoline retailers. The name 7-Eleven was originated in 1946 when the stores were open from 7am to 11pm. Today‚ offering customers 24-hour convenience‚ seven days a week is the cornerstone of 7-Eleven’s business. 1.2 Customer-Orientated Factors 7-Eleven
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Staffing Staffing deals specifically with the acquisition‚ training and allocation of the organization’s human resources. In both the domestic and the international context‚ the staffing process can be seen as a series of steps that are performed on a continuing basis to keep the organization supplied with the right people in the right positions at the right time. The steps in this process are: • human resource planning (this is part of the organization’s strategic plan) • recruitment
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PEST analysis for Organix (UK) Political factors Stable political system‚ good-working legal system‚ guaranteed compliance with the laws (especially what affecting business)‚ general government stability and risk aversion policy are positive factors for Organix to start up their business in UK. Economical factors Stable economic system‚ high level of GDP per capita (for UK and EU countries where products are mostly selling) and middle-high growth rate (historical tendency)‚ very high level of
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Sources of Candidates 1. Corporate Website 2. Online Recruiting 3. Executive Search Firms In search for the vacant position of a Recruitment Specialist‚ and also keeping in mind future hiring the company will need to do in the next 3 months to two years. The sources‚ which can be greatly helpful in finding the right talent for our company from‚ are our Corporate website‚ Online recruiting websites and Executive search firms. With ample number of candidates that come from online recruiting
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Judaism and many more have different buying patterns and opinions for any products they buy (Wilson 2005). The Adidas Group has penetrated most countries so all these social attributes play very important roles in deciding the company’s strategy. PEST ANALYSIS TECHNOLOGICAL FACTORS Technological advances in things like machinery will have an affect on the Adidas Group. The latest Technology can speed up production‚ save energy or cut down labour costs. Currently the world has become a small village
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PEST Analysis for Sony Corporation POLITICAL FACTORS Political factors for Sony Corporation can be changed at any time. TheGovernment holds the power to change any policies and regulationswhich may affect Sony at the time. The credit crunch and the recession may become reduced‚ therefore resulting in better trades for Sony Corporation. However this also means that the same has occurred for Sony¶s competitors. This means that Sony must develop ideas on how to stay ahead of its competitors. The
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www.thetimes100.co.uk Use of PEST analysis at UNISON Introduction UNISON is Britain and Europe ’s biggest public sector trade union‚ representing more than 1.3 million members working in public services. CURRICULUM TOPICS • Political factors • Economic factors • Social factors • Technological factors Local government The NHS GLOSSARY Trade union: an organisation that represents the mutual interests of employees across a range of issues. Voluntary sector: the part of the economy which
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CONTENT PAGE 1. Question Paper 2 2. Introduction 3 3. PEST Analysis 4 (3.1) Political Legal Environment 4 (3.2) Economic Environment 4 (3.3) Social Environment 5 (3.4) Technological Environment 5 4. Industry Analysis 5 5. The Michael Porter Five Forces 6 (5.1) Threat Of New Entrants 7 (5.2) Rivalry of existing firms 7 (5.3) Threats of substitutes 7 (5.4) Bargaining power of buyer 8 (5.5) Bargaining power of suppliers 9 6. Conclusion
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