in the new emerging market countries‚ as the Board of Directors believes that setting up factory in these countries would greatly reduce costs and would further expand their market. You being a business consultant‚ have been called by the Board of Directors and Management‚ to look for a suitable country in these new emerging market countries for them to locate the factory. You are required to present a report as well as to carry out a presentation based on a PEST Analysis. You need to convince
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PEST analysis Political Government of Malaysia had set rules and several regulation to obtain halal license‚ under Shariah law. It is necessary to have that license in order to attract malay customer. In addition‚ the license which is used to govern the operation of business is set up in order to protect the buyers and the sellers. Economy Economics in Malaysia is expected to grow from 2011 to 2014 according to the Economist Intelligence Unit. The real gross domestic product is expected to reach
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Introduction to PEST analysis PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political‚ Economic‚ Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates. However‚ it must be followed up by consideration of how a business should respond to these influences. The table below lists some possible
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management of Hamilton hotels‚ services after the accommodation could only increase the cost. In order to maintain low prices and meet the standards of customers‚ unnecessary services have been removed (Smeral‚ 1998) 3. PEST analysis 3.1 Political analysis Croatia is constitutionally parliamentary democratic country. Signing the Dayton Peace Accords in 1995‚ brought high level of security and protection. (www.state.gov) Though‚ corruption is awkward issue that remains. In addition
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PEST analysis of India Political Factors (1) Since 1991‚ India market become a free-market system and open to foreign investors ; (2) The political of India is relatively more stable than before ‚ The stability of the regime affecting the development of the national economy; (3) There are different legal systems in different regions; (4) The Indian Constitution guarantees justice‚ equality and freedom of its citizens‚ and efforts to promote the exchanges between each other;
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SECTION 1: PEST Analysis Royal Dutch Shell plc also known as Shell is an Anglo-Dutch multinational oil and gas company. It’s headquarter is located in The Hague‚ Netherland while its registered office is located in London‚ United Kingdom. Shell is the world’s second largest revenue company and it operates in over 90 countries and has 44‚000 service stations worldwide. PEST analysis‚ “Political‚ Economic‚ Social and Technological analysis” is the external macro-environment in which a firm operates
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Political Analysis Economic Analysis • Political stability • Risk of military invasion • Legal framework for contract enforcement • Intellectual property protection • Trade regulations & tariffs • Favored trading partners • Anti-trust laws • Pricing regulations • Taxation - tax rates and incentives • Wage legislation - minimum wage and overtime • Work week • Mandatory employee benefits • Industrial safety regulations • Product labeling requirements • Type
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PEST Analyses: The PEST analysis is an important tool that can be used to analyze the external environment. It takes into account the political‚ economic‚ social and technological factors within the environment. Each element of the PEST will be explained in detail below. Political: The political element in UAE‚ compasses different aspects such as legal and government policies‚ safety regulations‚ trade regulations‚ and employment laws of the environment. The legal and government policies within the
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SWOT Analysis: Strength Highest hotel in the world (The Ritz-Carlton‚ Hong Kong) -> ICC(Located 102 floors to 118 floors) (The 118th floors of the OZONE bar is the world’s highest bar) Major training operations in its Ritz-Carlton learning institute Environmental responsibility initiatives deliver an unparalleled guest experience while protecting our natural resources. Led by property-based Ritz-Carlton Environmental Action Conservation Teams (REACT). Reducing energy and water usage‚ offering
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PEST Analysis for Royal Danish Bearings (RDB) PEST analysis provides a framework for decision makers to consider factors in the external business environment that affect business operations. These factors can be categorised into four sections: political‚ economic‚ social and technological factors which can present opportunities and threats as outlined in the case study. Political * International quality standards to enhance the ease of exporting to different regional trading blocs
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