What is PESTLE Analysis? Originally known as PEST Analysis‚ this is a macro environmental framework used to understand the impact of the external factors on the organization and is used as strategic analytical technique. PEST stands for "Political‚ Economic‚ Social‚ and Technological” factors. Francis Aguilar is referred to as the originator of this tool. He talked about ETPS – Economic‚ Technological‚ Political‚ and Social– as the four important factors for Scanning the Business Environment
Premium Law Strategic management SWOT analysis
MAMEE-DOUBLE DECKER (M) SDN BHD ANALYSIS OF THE MARKETING PROGRAMMES A) PEST ANALYSIS PEST analysis is a useful strategic tool for understanding market growth or decline‚ business position‚ potential and direction for operations. In analyzing the macro-environment‚ it is important to identify the factors that might in turn affect a number of vital variables that are likely to influence the organization’s supply and demand levels and its costs. The radical and ongoing changes occurring
Premium Dialysis Malaysia Bank Negara Malaysia
Abstract Higher Education in India – Issues and Challenges Higher Education in India is improving gradually after Independence. It is in the second place in the world after United States. Some institutions of India‚ such as the Indian Institutes of Technology (IITs)‚ Indian Institutes of Management (IIMs)‚ National Institute of Technology (NITs) and Jawaharlal Nehru University have been globally acclaimed for their standard of education. University Grants Commission (UGC) and the All India Council
Premium Higher education University
"Importance of higher education in the development of my personal life career " In modern society‚ education becomes a marketable commodity in the market of educational services. It is becoming more important role in the choice of a young man of values scale because it determines the careers and salaries but this is not the main thing that encourages us to achieve it. People talking that after graduating high school‚ you enter the real world. It is a time to mature‚ grow up‚ and
Premium Fashion Haute couture Higher education
Pest analysis: The following pest analysis has been created for three markets separately. Pest analysis stands for political‚ economic‚ socio-cultural and technological environment. Use of the pest analysis guides our company to work according to the changes taking place in these categories. Moreover good use of the analysis assist the company to avoid taking action that is condemned to failure from the outset‚ for reason beyond its control. The following is a pest analysis created for the
Premium Hong Kong Economics Economic growth
Program) 2012 INTRODUCTION Education has been regarded as a means toward economic stability and progress. The increase productivity of the workforce is due mainly to the increase in the education and training of the people. The success and development of the country would greatly depend in the productivity of its human resources – which is considered as one of the vital asset of the nation. And to have a good and competent manpower resource; quality education and intensive training are necessary
Premium Higher education Training Education
tais como: clientes externos‚ agentes e distribuidores‚ fornecedores‚ a competição‚ etc. 3. Factores macro-ambientais‚ tais como: Poderes Políticos (e legais)‚ poderes económicos‚ Sócio-cultural e Tecnológicos. Estes são conhecidos como factores PEST. [pic] Factores Políticos A área política representa enorme influência sobre as regras empresariais‚ e o poder de compra de clientes e outras empresas. Você sempre deve considerar factores como: 1. Quanto estável é o ambiente político? 2. Poderão
Premium Strategic management PEST analysis Marketing
K+12 Educations PEST Analysis Political Government Fund for education will increase due to professional fee of the additional teacher and classroom needed. Higher probability that educational funds‚ coming from LGU’s‚ Adopt-A-School Program and TEN Moves fund will be corrupted by the government officials. Government need to have a quick responds to the needs for educational resources. Has a political advantage to politician image by building educational infrastructure under their name. A probability
Premium Education Higher education
PEST Analysis We are going to produce a PEST analysis to find out what external influences may be affecting the product (Milo) and to what extent to which customers decide to buy them. The purpose of the PEST analysis is to analyse the organization (Nestle Milo) operates and to identify how it may influence marketing decisions. A PEST analysis analyses the external environment in which an organization operates and identifies how it should influence marketing decisions. Political Factors The actions
Premium Marketing Macroeconomics Analysis
QUALITY MANAGEMENT IN HIGHER EDUCATION: WITH REFRENCE TO CONTRIBUTION OF MANAGEMENT TECHNIQUES Dr.Aruna Ms Sangeeta Faculty Commerce‚ Faculty Art ‚ Rama Degree College Ram Manohar
Premium Education Quality assurance Higher education