PEST analysis From Wikipedia‚ the free encyclopedia "PEST" redirects here. For the special forces unit of the Slovenian Military Police‚ see Specialized Unit for Special Tactics. PEST analysis (’Political‚ Economic‚ Social and Technological analysis’’’) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Some analysts added Legal and rearranged the mnemonic to SLEPT; inserting Environmental factors expanded it to PESTEL or
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Introduction Mr. Shah the sales head of GBL (Pvt) Ltd told that in a very short span of time everyone is going to witness the rebirth of Pakola with a new and a good market image. He said that Pakola is suffering from a long time because of financial problems. To fill such gap the company has started hiring people with good experience in beverages company form previous year 2014. The company has also installed new and improved plant. These things show that company is growing but according to the
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investment in employees. To ensure advantage the enterprise must have comprehensive and well followed recruitment policies to ensure that they meet legal obligations as well as organizational needs and social requirements. This can be done via an analysis of the business’s Micro and Macro-environment. The objective of this report is to analyze the market in which Tesco PLC operates and discuss how this will affect the companies HR policies. Political factors: As with any company‚ Tesco is restricted
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Bata Manufacturing in China 8 1. Human Resources 8 2. Modern Economic Strategy 9 3. Existing Customer Interest 9 4. New Customers Sources 9 5. Market Size 10 6. Operational Costs 10 A. Labor 10 B. Raw Materials and Supplies 10 C. Equipment 10 PEST Analysis 11 Political Environment 11 Economic Environment 13 Social Environment 15 Technology Environment 17 Conclusion 20 Reference 21 Bata The name Bata became known in then Malaya when the first store opened in the Capitol Building‚ Singapore in 1930
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ASIA PACIFIC UNIVERSITY OF TECHNOLOGY AND INNOVATION BUSINESS ENVIRONMENT (ABUS001-3-1) GROUP ASSIGNMENT BUSINESS ANALYSIS OF MOROCCO STUDENT NAME: MUKTADIR AHMED CHOWDHURY (TP028335) MOHAMED TAUSIF SHAIKH (TP028207) EFAZ AHMED (TP028309) MUHAMMAD SHOAIB (TP028023) INTAKE CODE: UCD1F1203 LECTURER NAME: TEE CHEE HOONG HAND OUT DATE: 4th APRIL 2013 HAND IN DATE: 2nd MAY 2013 Contents Acknowledgement 3 INTRODUCTION 4 Importing and Exporting 5 Ferrying 5 Oil 5 Phosphate 5 POLITICAL 6 Economy
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RUSSIA Natural environment Among Russia’s most important environmental problems: * Water pollution is the most serious concern. Less than half of Russia’s population has access to safe drinking water. While water pollution from industrial sources has diminished because of the decline in manufacturing‚ municipal wastes increasingly threaten key water supply sources‚ and nuclear contamination could leach into key water sources as well. The head of Russia’s environmental protection committee
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UAE. We also analysis the external macro-environment that affects all firms of industry‚ PEST analysis is a short form of Political‚ Economic‚ Social‚ and Technological factors that should be considered for any foreign investment. We have analysis for Ms Prakesh all those factors and we found that the UAE is a very suitable for open a business because it have a developed and increased financial income. The UAE have shown a success in many fields like the Internet‚ education‚ medical‚ growth GDP and
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as ways of cataloguing the vast number of possible issues that might affect an industry. A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis‚ but these themes can easily be subsumed in the others. The analysis examines the impact of each of these factors (and their interplay with each other) on the
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to their issues will be considered and a refined strategy proposed based on the analysis. Flight Centre’s strategic situation Industry definition Flight Centre describes itself as a global discount flight specialist. Taking into consideration the relative size of the Australian and international operations as well as the availability of information on global environment and competitive factors‚ for this analysis‚ it is more appropriate to consider the Flight Centre’s industry environment as “The
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A PEST analysis (also sometimes called STEP‚ STEEP or PESTLE analysis) looks at the external business environment. In fact‚ it would be better to call this kind of analysis a business environmental analysis but the acronym PEST is easy to remember and so has stuck. PEST stands for Political‚ Economic‚ Sociocultural and Technological. (Technological factors in this case‚ include ecological and environmental aspects - the second E in STEEP and PESTLE‚ while the L in PESTLE stands for legal). The analysis
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