APA citations to support your statements‚ explain what a PEST table is and why it is important to an organization (1-2 paragraphs). Pest Analysis is a frame work that strategy consultants uses to scan the mirco environment in which the firm operates. (Value Based 2013) PEST is Political‚ Ecomonic‚ Social factor and Techonolgies factors. Companies will use this in workshops and it will make the managmenets brainstorm techniques using PEST for strategic plannings‚ marketing planning or development
Premium Management Affect Strategic management
Question 2 Please apply the PEST analysis to the Wal-Marts case study. "The secret of successful retailing is to give your customers what they want. And really‚ if you think about it from your point of view as a customer‚ you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly‚ knowledgeable service; convenient hours; free parking; a pleasant shopping experience." - Sam Walton (1918-1992) Wal-Mart is the
Premium Supermarket Retailing Discount store
Country Risk Analysis The Netherlands Table of Contents 1. Introduction 3 1.1 Background 3 1.2 General Facts 3 2. Political Risk Factors 4 2.1 Political Structure Analysis 4 2.2 Key Internal Political Risks 5 2.3 Key External Political Risks 6 3. Economic Risk Factors 7 3.1 The Real Sector 7 3.2 The Public Sector 8 3.3 The Monetary Sector 8 3.4 The External Sector 9 3.5 The Labour Market 10 3.6 Economic Risk Assessment 11 4. Social
Premium Netherlands European Union Gross domestic product
POLICY AND PERFORMANCE of INDIAN EDUCATION Abstract The Indian Education Industry - ‘E’mpowering Lives In terms of demographic profile‚ India remains one of the youngest nations in the world with 38.2% of its population in the 0-5 year age bracket. This translates into the Indian Education system being one of the largest educational systems globally with a network of more than 1.2 mn schools and around 31‚000 Higher education institutes. Education‚ being one of the important determinants
Premium Higher education High school School
( Employability Skills for Indian Mobile Phones Telecom Sector First Author: Rishi Kapal‚ BE‚ LLB‚ PGPM (Vice President-Sony Mobile Communications‚ India) Abstract It may not known to many that after Alexander Graham bell invented the first telephone‚ Motorola’s Martin Cooper is understood to have created the first mobile phone‚ followed by IBM-Bellsouth making the first Smartphone. However‚ in the present day‚ not much is heard about the companies that pioneered the mobile and Smartphones
Premium Mobile phone
Pest Analysis On Nokia - December 2nd‚ 2010 Nokia Corporation (Finnish pronunciation: [nki]) (OMX:NOK1V‚ NYSE: NOK‚ FWB: NOA3) is a Finnish multinationalcommunications corporation that is headquartered in Keilaniemi‚Espoo‚ a city neighbouring Finland’s capital Helsinki.[3] Nokia isengaged in the manufacturing of mobile devices and in convergingInternet and communications industries‚ with over 123‚000 employeesin 120 countries‚ sales in more than 150 countries and global annualrevenue of EUR 41
Premium Nokia Mobile phone Smartphone
PEST ANALYSIS Stationary Businesses do not operate in a vacuum. The stationary business world is dynamic and to achieve competitive edge we should need to understand the dynamics of stationary industry and business . Our Organizations face problems from external factors which can affect products‚ policies‚ people and profits. To understand and evaluate external factors‚ we undertake what is called a PESTEC Analysis. * Political factors that affect businesses include new legislation such as the
Premium Monetary policy Minimum wage Unemployment
an overview of banking sector in India for the purpose of expansion planning. The overview will be broadly divided into two parts: Indian Banking system and Bank-like financial institutions. For each type of banking institutions‚ a brief introduction‚ some recent statistics and corresponding functions will be included. The outline of this report is as follows: 1. Indian Banking system 1.1 Central Bank – Reserve Bank of India (RBI) 1.2 Commercial Banks － Public sector Banks － Private Banks
Premium Bank Central bank
* * MAN 6930 * * October 3‚ 2011 * * PEST ANALYSIS: PERU * * POLITICAL ENVIRONMENT * Over the past 10 years‚ Peru has experienced great political change following the impeachment of President Alberto Fujimori in late 2000‚ on accounts of bribery and corruption. Since then‚ former Presidents Alejandro Toledo and Alan Garcia as well as current President Ollante Humala have significantly decreased bribery and corruption‚ stabilizing the political climate
Premium International trade Peru Alberto Fujimori
PEST ANAYLSIS POLAND THE REPLIC OF POLAND Capital: Warsaw Area:312‚685 sq. Km Official Language: Polish Ethnic Groups:91‚5% polish‚ 0‚94% Silesian‚0‚04% Kashubian‚0‚07% German‚ 0‚07% Ukrainian‚ 0‚08% Belarusian‚ 7‚24% Other Government: Parliamentary Republik Time:Central European time CET( UTC+1) Population:38.501.000 (2011 Census) Government and political conditions: The President is tue head of states The government structure consists of a council
Premium Unemployment Welfare Social security