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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Support: Many important industries in the economy were harmed by the Deepwater Horizontal incident in the Gulf of Mexico. BP spent a great amount of time and money trying to help the economic recovery in local communities and two very important industries after the oil spill. Two industries that were affected the most included seafood and tourism. These two industries are very important to today’s economy. To help fix what BP had destroyed they offered $10 billion to the two industries to rebuild themselves
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are collect. Although some members of parliament may legislate that its home industry Mini for example should have more importance and curb competition in the country. It is said that during times of political stability business is favourable. Toyota in this case can regroup its ideas and put forward plans which can be tolerated by the government. This time period can make or break a business particularly in the car industry. It’s regarded as suitable to produce cars that are environmental friendly
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at certain times. Extraction cost As we all know the UK oil and gas industry is in serious Decline and has a foreseeable life span of about 40yrs.In the words of Tony Hayward‚ C.E.O. BP group “we are not running out of oil‚ it’s just going to get harder and Harder to get it out of the ground therefore; loads more expensive”. When Extraction cost is high‚ supply cost gets higher and that will have a strong impact on the industry. New technological strategies Oil companies such as Procter Gamble
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Political The Political factors relates to the factors which the government also affects such as government instability or rules and regulations which the business must follow. Nokia have recently moved one of its manufacturing facilities to India‚ and because of this it is important that Nokia follow the rules and regulations that are set in India‚ so that they can operate as efficiently as possible. The types of things they will have to be aware of is the minimum wage‚ the maximum hours a week
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KODAK PEST Political US copyright law requires all photo shops to refrain from printing or releasing digital images taken by professional photographers without a copyright release (2005; 2005). The company operates in different countries around the world therefore it needs to comply with those countries regulations for example‚ taxation policy and employment laws. The company has to take into account the stability of the government in countries where it operates to try and minimize political
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the United Kingdom or USA. Chairman -Tan Sri Abu Talib bin Othman Mission -We aim to maintain our leadership in the industry through increasing our share of the tobacco business and satisfying consumer demands better and more profitably than our competitors. Vision -The British American Tobacco Group’s vision is to achieve leadership of the global tobacco industry in order to create long term shareholder value. -Year Established British American Tobacco Malaysia came into being on
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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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Analysis of the Airline Industry Parameters of the Industry American Airlines is a subsidiary of AMR Corporation and one of the leading airlines in the U.S. It has two subsidiaries‚ that is American Eagle and American Connection. It is the second largest airline in the world based on revenues used in its operation‚ its size of fleet and miles covered in passenger transport. It has an extensive operation of both domestic and international flights in North America‚ Latin America‚ Europe‚ Asia and
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SWOT Analysis of Starbucks Strengths Starbucks chooses its customers before its coffee. Howard Schultz’s mantra‚ “staying small while growing big‚” (76) is now the company’s biggest strength- its prime cause of its massive success. Weaknesses The opening hours of Starbucks is not providing 24 hours services to the customers‚ its having only the limited opening hours compared to other competitors . The prices of the product are very much expensive compared to other companies
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