An industry is a creature of its environment. Its very survival and all of its perspectives‚ resources‚ problems‚ and opportunities are generated & conditioned by the environment. Thus it is important for an industry to monitor the relevant changes taking place in its environment and formulate strategies to adapt to these changes. The overall environment of the Airlines Industry in the USA as found in this case‚ could be described as that of bitter rivalry. The hostility between competitors were
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PEST ANAYLSIS 7 ELEVEN 1.1 CompanyBackground(7-Eleven) 7-Eleven‚ founded in 1927 in Dallas‚ Texas‚ is the world’s largest operator and licenser of convenience stores with more than 21‚000 units worldwide and nation’s largest independent gasoline retailers. The name 7-Eleven was originated in 1946 when the stores were open from 7am to 11pm. Today‚ offering customers 24-hour convenience‚ seven days a week is the cornerstone of 7-Eleven’s business. 1.2 Customer-Orientated Factors 7-Eleven
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States Industry: Mass media Area served：Worldwide Employees: 180‚000 Vision: To make people happy 2.2. Background: The Walt Disney Company is an American diversified multinational mass media corporation‚ which is commonly known as Disney (Sammond‚ 2005). It is the world’s second largest broadcasting and Cable Company. However‚ it was only established in animation industry by Walt Disney and Roy O. Disney in 1986. With the continuous development‚ the company begins to diversify its industry and products
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PEST analysis for Organix (UK) Political factors Stable political system‚ good-working legal system‚ guaranteed compliance with the laws (especially what affecting business)‚ general government stability and risk aversion policy are positive factors for Organix to start up their business in UK. Economical factors Stable economic system‚ high level of GDP per capita (for UK and EU countries where products are mostly selling) and middle-high growth rate (historical tendency)‚ very high level of
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Judaism and many more have different buying patterns and opinions for any products they buy (Wilson 2005). The Adidas Group has penetrated most countries so all these social attributes play very important roles in deciding the company’s strategy. PEST ANALYSIS TECHNOLOGICAL FACTORS Technological advances in things like machinery will have an affect on the Adidas Group. The latest Technology can speed up production‚ save energy or cut down labour costs. Currently the world has become a small village
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PEST Analysis for Sony Corporation POLITICAL FACTORS Political factors for Sony Corporation can be changed at any time. TheGovernment holds the power to change any policies and regulationswhich may affect Sony at the time. The credit crunch and the recession may become reduced‚ therefore resulting in better trades for Sony Corporation. However this also means that the same has occurred for Sony¶s competitors. This means that Sony must develop ideas on how to stay ahead of its competitors. The
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innovation. What is a brief overview of Apple‚ Inc. organization? What new product can be used to increase their influence? What is the importance of marketing for Apple‚ Inc.? What does a strengths‚ weaknesses‚ opportunities‚ threats‚ and trends analysis for the product look like? What marketing research approach should be used when developing the marketing strategy and tactics plan for the new product? Organizational Overview * Apple‚ Inc was incorporated by Steve Jobs and Steve Wozniak on
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connected to a TV set—the Magnavox Odyssey‚ invented by Ralph H. Baer. The Odyssey was initially only moderately successful‚ and it was not until Atari’s arcade game Pong popularized video games‚ that the public began to take more notice of the emerging industry. By the autumn of 1975 Magnavox‚ bowing to the popularity of Pong‚ cancelled the Odyssey and released a scaled down version that played only Pong and hockey‚ the Odyssey 100. A second‚ "higher end" console‚ the Odyssey 200‚ was released with the
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www.thetimes100.co.uk Use of PEST analysis at UNISON Introduction UNISON is Britain and Europe ’s biggest public sector trade union‚ representing more than 1.3 million members working in public services. CURRICULUM TOPICS • Political factors • Economic factors • Social factors • Technological factors Local government The NHS GLOSSARY Trade union: an organisation that represents the mutual interests of employees across a range of issues. Voluntary sector: the part of the economy which
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CONTENT PAGE 1. Question Paper 2 2. Introduction 3 3. PEST Analysis 4 (3.1) Political Legal Environment 4 (3.2) Economic Environment 4 (3.3) Social Environment 5 (3.4) Technological Environment 5 4. Industry Analysis 5 5. The Michael Porter Five Forces 6 (5.1) Threat Of New Entrants 7 (5.2) Rivalry of existing firms 7 (5.3) Threats of substitutes 7 (5.4) Bargaining power of buyer 8 (5.5) Bargaining power of suppliers 9 6. Conclusion
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