PEST Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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reduction in exports and a downward trend in the stock market whilst South Africa suffered the same effects but rather than crude oil they suffered in the fall of commodity prices. Policies to stimulate the economy are different in terms of trade where Nigeria is more free trade and South Africa became more protectionist after the crisis. The Nigerian economy lacks diversity and is overly dependent on Oil ‚ while South Africa has a very diverse economy and spreads risks across multiple industries
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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A lot of the holidays in South Africa came to be after Mandela and the ANC came into power. They decided to change them‚ making sure that they would mean something for everyone in the country‚ so that no one would feel left out and discriminated. Many of them were made to honor and remember the people who helped the country to where it is today‚ and who fought for a better future. Nelson Mandela did not want anyone to feel left out. One of those is Mandela day‚ obviously to celebrate the life
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Pest Analysis Political: With the growing demand in the energy drink market and possible side effects due to them because of the high caffeine content‚ the government of India may come up with the regulations that require the product to be tested clinically to prove its benefits and get the local certification too. Social: Burn position itself as a youth brand. With India being the country with youth centric demographic‚ it helps BURN to reap the benefits if it position itself as the right product
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PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
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had been achieved. This document will give the reader an insight of two South-African mid-sized companies and how these companies avoid the transparently thresholds and their business culture. It is to mention that women in South Africa from all communities have played minimal roles within the business world in the past but slow progress has been made towards greater gender equality within the workforce. In South Africa
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The PEST Analysis of UK’s Food Producing Industry 1. Introduction This report focuses on PEST analysis of UK’s food producing industry and giving some particularly essential ratios of some food producing companies. With the diversification of economic and geography environment‚ food producing companies‚ especially multinationals need to consider more about what situation they will be in and what barriers they will meet. The main work of this report is to identify what will influence the
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Proposed Amendments to South Africa’s Labor Law Landscape On December 2010‚ the South African government proposed amendments to existing labor legislation and new measures by means of the Employment Service Bill. As these proposed amendments are numerous‚ this paper does not intend to represent an exhaustive analysis of the new legislative landscape. Rather‚ the analysis focuses on a few major themes which I consider of particular interest. Alternative perspectives of business and labor organizations
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SBSA 605841 Hoisting the Standard Standard Bank aspires to be a leading emerging markets financial service provider with excellent service and solutions for its customers while also visibly achieving social relevance. Based in Johannesburg‚ South Africa‚ the bank has strategic representation in 17 sub-Saharan countries and also in 16 countries on other continents with an emerging market focus. Standard Bank vision We aspire to be a leading emerging markets financial services organisation.
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