PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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The coffee shop industry has become a target for investors due to the increasing consumption and thus demands for coffee. The UK has seen a 7.5% growth rate in 2012 despite being a tea-oriented society (Hospital & Catering News‚ 2013). Although there is a low barrier of entry into the café and coffee industry‚ there a myriad of factors that needs to be taken into consideration in order for a new entrant to survive in the already crowded market‚ including large coffeehouse chains such as Starbucks
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PEST POLITICAL ECONOMIC Over the years‚ the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004‚ the Philippine economy grew by 6.1% surprising everyone. In 2005‚ the Philippine peso appreciated by 6%‚ the fastest in the Asian region for that year
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SUCCESS FACTORS OF SELECTED COFFEE SHOPS AT ARANETA CENTER‚ CUBAO A RESEARH STUDY In Partial Fulfillment of the Requirements in Fundamentals of Research Prepared by: Artiaga‚ Naomi P. Bati‚ Charrs Brent V. Cañete‚ Diana Rose V. Tominio‚ Cherizeth B. ACKNOWLEDGEMENT • We would like to express sincere gratitude to our Professor Dr. Emma R. Gunno for guiding us to make this research possible‚ her unending support for us give us encouragement when we fell like giving up. Her personal
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Indtroduction . The history of coffee goes at least as far back as the thirteenth century with a number of myths surrounding its first use. The original native population of coffee is thought to have come from East Africa‚ and it was first cultivated by Arabs from the 14th century.[1] The earliest credible evidence of either coffee drinking or knowledge of the coffee tree appears in the middle of the 15th century‚ in the Sufi monasteries of Yemen.[2] By the 16th century‚ it had reached the rest
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Tutorial 1: Markets and Organizations Q1. Case Study [pic] Managing external influences First Group (First) is the UK’s largest transport operator‚ employing more than 137‚000 people in the UK and the USA. In the UK‚ it runs rail services carrying around 275 million passengers a year. It is the UK’s largest bus operator and also runs a rail freight business. In the US‚ it operates school transport for nearly four million students a day. The company is seeking to extend it operation in UK
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BUSINESS PLAN WRITTEN ASSIGNMENT “Hot & Cold Coffee Shop” TauhiDay Elahi Id No-2613 May 10‚ 2008 Business Plan I. I. Description and Analysis of the Business Situation Company Description: The type of business that I am offering is a coffee shop. The name of my coffee shop is Hot & Cold Coffee Shop “‚” and I am offering a product and a service. Many people prefer and like peaceful and comfortable
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Robusta Cafe’ A SIP OF EXCELLENCE A proposed project feasibility study in Establishing a Coffee Shop Proposed by: Group 1 Arjhel V. Domingo Dianna Lou N. Tomas Analou L. Santos Rechie W. Lastimoso Marcelino S. Cerin III Nicholas D. Cortez Robusta Cafe’ A SIP OF EXCELLENCE The proposed project shall be registered under the name ROBUSTA – “A Sip for Excellence”. The name is from “Robusta”-a variety of coffee- the best way to describe the nature of the business. Robusta Cafe’ A SIP OF EXCELLENCE
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Horizontal Differentiation in the UK Coffee Shop Market “In the presence of horizontal product differentiation‚ there is a tension between the desire to weaken price competition and the desire for increased market share.” Explain this statement. Critically evaluate its implications for corporate decision-making regarding the specification of products by analysing‚ in the context of real-world industry of your choice‚ the product specification chosen to serve the same market by each of two or more
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2.1.1 POLITICAL The hotel industry had evolved very rapidly since the opening policy in 1978‚ after that the economy has gradually transformed to a market-oriented one. The reform has created a much better business environment for the hotel industry development (Hornsby‚ 1990). According to Kotler (1996)‚ The political environment is strongly affect hospitality industry‚ political environment is made up of laws‚ government agencies and pressure groups influence and limit the activities of various
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