PEST Analysis The PEST analysis is used in this report to evaluate the political‚ economic‚ social and technological aspects of the macroeconomic environment in the targeted market‚ Russia. This study helps to frame the basis for the decision-making about a possible market entry. Thus‚ it is of vital importance to scrutinize the macroeconomic environment as part of the market research. Political and Legal Aspects According to the Russian 1993 Constitution‚ Russia is a democratic federative state
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Marketing Environment What would you assume to be the key PEST drivers? PEST/STEP is about the macro environment. We should use the finer grained variant of Kotler which details Social into Cultural‚ Demographic and Natural (the first two probably being very “yielding”). Political Forces Alcohol consume is a threat to public health and should be constrained • Market monopolization in Scandinavian and other countries • Alcohol taxes in most countries of the world • Anti-alcohol campaigns
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3.2.2 PEST The key micro-environmental factors which might affect future performance of PMI can be identified as below: POLITICAL/ LEGAL Political barrier such as legal factor and government tax might become the hindrance for PMI to emerge its strategy in business operation. Cigarette is a product which has bad effect on the health‚ therefore imposes many strict regulations. A report on Tobacco Free Initiative (TFI) stated that there are 2.3 billion of people protected from smoke free law
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The Roaring 20´s earned its namesake for the prosperity and lively culture which ran rampant. Life was bigger‚ it was better and it seemed like there was no stopping progress. The soaring economy introduced an a culture of excess and consumerism that hadn´t been witnessed before. Women´s role in society went through a transformation from housewife to working women. African Americans were given their chance to revel in their art‚ literature and philosophy while attending the Harlem renaissance. Despite
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Global Impact Analysis Abstract Globalization has been impacting and changing countries’ economies‚ cultures‚ and politics. In this research‚ we just focus on the impacts of globalization on the economies of countries over the world. In term of economy‚ there are not borders between countries. Laborers and goods are exchanged between countries‚ which leads to not only the competitions between corporations of countries‚ but also the competitions between laborers
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influences related to the dynamics of the industry under question Competitive environment: Porter’s Five Forces (Porter‚ 1980) Example PESTEL The automobile industry Political – Climate change agenda – Fuel prices – Expansion of EU Economic – – – – Changes in disposable income Exchange rates Taxation Economic growth around the world Social – Demographic changes – Attitudes to environmental issues Are these issues.... local/global certain/uncertain simple/complex ? Who
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Technique analysis Firstly‚ Johnson & Johnson Pharmaceutical uses focused differentiation technique in marketing its new proprietary medicines (Saylor 5‚ 2013). In 2013‚ it came up with three major medicines: INVOKANA (canagliflozin)‚ IMBRUVICA (ibrutinib) and OLYSIO (simeprevir) (Johnson & Johnson [J&J]‚ 2013). Each medicine has its own focused market: INVOKANA for Type 2 diabetic patients‚ which affects approximately 26 million people in the United States; IMBRUVICA for people with the rare mantle
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ENVIRONMENTAL AND INTERNAL ANALYSIS OF PIZZA HUT In our visit to Pizza Hut we conducted research on PEST (Political‚ Economic‚ Social and Technological) Analysis. In the internal analysis of Pizza Hut we have considered SWOT of the Company. PEST (Political‚ Economic‚ Social & Technological) i. POLITICAL ISSUES: Political issues include regulatory frame work operating in judicial system which may affect the business in different ways. There are not many political factors in Peshawar affecting
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the 1920’s the automobile industry grew into the largest manufacturing industry in the nation. Automobiles (cars‚ trucks‚ busses) surpassed railroads as the primary haulers of passengers and freight. Henry Ford built his company in Detroit which created more jobs. As the automobile industry grew a lot of new jobs were created such as: gas stations‚ maintenance shops‚ fast food restaurants and motels for people on the move. One in every four Americans had a job in the automotive industry or somehow
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Cooper Pharmaceuticals Inc BMKT 436: Sales and Sales Management Shaye Murphy 10/12/2013 Executive Summary Goals Cooper Pharmaceuticals Inc (CPI) is a major manufacturer for the dental and medical practices in the United States. Their ultimate goal is to remain the largest drug manufacturer and meet the sales quotas. CPI has strong ethical policies that they want to keep that have shaped the companies’ reputation. In hiring Bob Marsh‚ they were meeting their goals
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