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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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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Part 1. PEST Analysis in Business Environment 1. Introduction 2 1.1 PEST Analysis Execution 2 Political Environment 2 Economical Environment 2 Social Environment 3 Technological Environment 3 Part 2. Case Study On Organizational Business Strategy 2. Vodafone - Using Technology To Improve Economies .............................................................4 2.1 PEST factors affecting
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CHINA’S TELECOMMUNICATIONS INDUSTRY INTRODUCTION China has developed a huge telecommunications sector. Today China is one of the largest telecom subscribers in the world’s telecommunication market. China’s telecommunications industry started to expand during early 1990s due to economic growth‚ technological improvements‚ low tax rates‚ and institutional changes‚ which allowed competition. Figure 1 shows that electronic-telecom industry had the fastest growth of sales revenue during
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MTV Strategic management is the process of analyzing the current situation‚ developing appropriate strategies‚ putting those strategies into action and evaluating and changing those strategies as needed (Coulter‚ 2013). This is exactly what MTV has done over the years since the beginning of its journey‚ which began in 1981. MTV has been using a first in market strategy‚ with the addition of MTV Asia‚ Latin America‚ Turkey and Arabia‚ which in turn is helping them to succeed by focusing on several
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The negative effects of MTV on our society and culture What do you think about when you hear the word MTV? Carson Daily counting down the top ten on Total Request Live? Bam Margera doing insane stunts on his new show BAM? How about The Wild Boys chasing alligators and poisonous snakes? MTV has revolutionized and affected the whole world through its negative influence on society and culture. MTV has in many ways corrupted our youths and American culture with shows such as Jackass‚ with
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The Development Research Forum in Cambodia Scoping Study: Research Capacities of Cambodia’s Universities Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG Sotheavan and NHEM Sochea Scoping Study: Research Capacities of Cambodia’s Universities* Special Report Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG
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External Environmental Analysis on PEST‚ PORTER’S FIVE ANALYSIS & SWOT Introduction The purpose of this report is to examine the external environment in Malaysia that affected Gucci‚ one of the Italian high fashion luxury brand. PEST analysis‚ competitive analysis and SWOT have been used by investigators to achieve the target. Gucci- Company Overview Gucci is among the sophisticated international fashion company which produces high quality of clothing‚ fragrances‚ accessories‚ handbags and
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SEK. Many mergers have happened and more changes are bound to happen. Write an essay pointing out the PEST-factors you find having a strong impact and causing these changes in the car industry. Also‚ reflect on the changes you think will happen in the years to come. 1.Introduction [1] PEST analysis is a process of checking and analyzing information relating to the environment. The PEST analysis is a useful tool for understanding market growth or decline‚ and as such the position‚ potential and direction
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BlackBerry Limited‚ formerly known as Research In Motion Limited (RIM)‚[3][4] is a Canadian telecommunication and wireless equipment company best known to the general public as the developer of the BlackBerry brand of smartphones and tablets‚ but also well known worldwide as a provider of secure & high reliability software for industrial applications and Mobile Device Management (MDM). BlackBerry’s software and hardware products are used worldwide by various government’s agencies and by car makers
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