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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PEST Analysis We are going to produce a PEST analysis to find out what external influences may be affecting the product (Milo) and to what extent to which customers decide to buy them. The purpose of the PEST analysis is to analyse the organization (Nestle Milo) operates and to identify how it may influence marketing decisions. A PEST analysis analyses the external environment in which an organization operates and identifies how it should influence marketing decisions. Political Factors The actions
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SWOT analysis is a strategic planning method used to appraise strength‚ weakness‚ opportunities and threats in a business venture. The meaning of opportunities in SWOT analysis is external chances to improve performance in the environment while the meaning of threats is external elements in the environment that could cause trouble for the business. For the case of Honda Malaysia‚ their opportunity appeared when the Budget 2010 bring out by Malaysia government‚ which is tax exemption for hybrid cars
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PEST ANALYSIS What is PEST Analysis? A PEST analysis is used to identify the external forces affecting an organization .This is a simple analysis of an organization’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. It is very important that an organization considers its environment before beginning the marketing process. In fact‚ environmental analysis should be continuous and feed
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INTRODUCTION HONDA’S BACKGROUND Honda Company was founded in 1948 by Soichiro Honda. It started by making motorbikes. Japan had been rendered cash poor and petrol-starved after World War II‚ and its citizens were hurting for fuel-efficient mode of transportation. Honda ’s first motorcycles mated engines with bicycles that were cheap in making and operation process. In 1950‚ Honda Company launched the successful Juno scooter‚ built to steal market share from the Vespa knockoffs that were popular
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PEST ANALYSIS PESTLE stands for “Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental” and is used for business and strategic planning‚ marketing planning‚ organizational change‚ business and product development and research reports. By understanding these external environments‚ organizations can maximize the opportunities and minimize the threats to the organization. PEST Analysis Fast Foods The various Political‚ Economic‚ Social and Technical factors that a firm needs to
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Bangladesh. Central bank boosts commercial banks to finance more and more in the agricultural sectors‚ pharmaceuticals sectors. Government puts pressure on these banks to provide loans to SMEs and individuals. PEST Analysis (Political‚ Economic‚ Social‚ and Technological) A PEST analysis is an analysis of the external macro-environment that affects all firms including banking industry. P.E.S.T. is an acronym for the Political‚ Economic‚ Social‚ and Technological factors of the external macro-environment
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Analysis of Honda Motor Company Report by Valanium Analysts: Yutaka Matsumoto‚ Yuichi Murakami‚ Michio Okazaki (ymatsum@mit.edu‚ yuichi@mit.edu‚ mokazaki@mit.edu ) Investment Recommendation: MARKET OUTPERFORM December 3‚ 2001 NYSE (11/30/00) 52 week range Revenue (2002 Est.) Market Capitalization Share Outstanding $ 76 $ 54.59 - $92.35 $ 60.08B $ 37.02B 487.2M 0.55% 34K EPS Forecast FYE 12/30 EPS Ratios Forward P/E Forward PEG M/B 2001A 2002E 2003E 2004E $3.85 $5.49 $5.88 $6.27 Firm
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Along with the world debut of the new BMW 5 Series Sedan (earlier post) at the 2010 Geneva Motor Show‚ BMW is also presenting the BMW Concept 5 Series ActiveHybrid—its first combination of a BMW straight-six with electric drive. Integration of BMW ActiveHybrid technology in the new 5 Series model reduces both fuel consumption and emissions by more than 10%. The drive system featured in the BMW Concept 5 Series ActiveHybrid consists of a straight-six gasoline engine with TwinPower Turbo technology
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Pest analysis: The following pest analysis has been created for three markets separately. Pest analysis stands for political‚ economic‚ socio-cultural and technological environment. Use of the pest analysis guides our company to work according to the changes taking place in these categories. Moreover good use of the analysis assist the company to avoid taking action that is condemned to failure from the outset‚ for reason beyond its control. The following is a pest analysis created for the
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