2.1.1 POLITICAL The hotel industry had evolved very rapidly since the opening policy in 1978‚ after that the economy has gradually transformed to a market-oriented one. The reform has created a much better business environment for the hotel industry development (Hornsby‚ 1990). According to Kotler (1996)‚ The political environment is strongly affect hospitality industry‚ political environment is made up of laws‚ government agencies and pressure groups influence and limit the activities of various
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Tutorial 1: Markets and Organizations Q1. Case Study [pic] Managing external influences First Group (First) is the UK’s largest transport operator‚ employing more than 137‚000 people in the UK and the USA. In the UK‚ it runs rail services carrying around 275 million passengers a year. It is the UK’s largest bus operator and also runs a rail freight business. In the US‚ it operates school transport for nearly four million students a day. The company is seeking to extend it operation in UK
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P.E.S.T. Analysis of the Indian Telecom Industry 2009 This is an analysis of the Political‚ Economic‚ Social and Technological environment surrounding the Indian Telecommunication Industry. By- Akshar Mehta 02 2nd January 2009 Particulars | Page | 1. Introduction 2.1 Panoramic Scene of Indian Telecom Industry 2.2 The Road Ahead | 2-323 | 2. P.E.S.T. Analysis – What is it? 3.3 Meaning 3.4 Main Aspects of P.E.S.T. Analysis | 444 | 3. Political Environment3.1 Policies
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EXPLAIN THE PURPOSE AND BENEFITS OF PEST ANALYSIS. PEST analysis is used to evaluate the political‚ economic‚ social and technological influences that organizations might face when they are about to start a project. It provides external factors that organizations should take into consideration before they start the projects. In this case study‚ the UNISION used PEST analysis to investigate the external environment surrounding migrant workers; it helps UNISON to identify and understand the reasons
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CNX IT The CNX IT index provides investors and market intermediaries with an appropriate benchmark that captures the performance of the Indian IT companies. The CNX IT Index comprises of 20 companies listed on the National Stock Exchange (NSE). The CNX IT index is computed using free float market capitalization method with a base date of Jan 1‚ 1996 indexed to a base value of 1000 wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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Himanshu Talwar Mayank Dubey Pranay Sharma Naval Taneja Mohkar Kunal Industry of Travel Equipments “An Analysis of the Product‚ Place‚ Price & Promotion Strategies of VIP‚ Samsonite & Safari in India during 2006-07 and Recommendations thereof” ICFAI Business School Bangalore Group 5 Date: 18th December 2007 “The report
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PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
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INDIAN COSMETIC INDUSTRY Size of the Industry | The size of Indian Cosmetics Industry globally is $ 274 billion‚ while that of the Indian cosmetic industry is $ 4.6 billion. | Market Capitalization | According to analysis and figures given by the Confederation of Indian Industries (CII)‚ the total Indian beauty and cosmetic market size currently stands at US$950 million and showing growth between 15-20% per annum. | Output per annum | Industry sources estimate a rapid growth rate of 20% per
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METHODOLOGY 18 5 DATA ANALYSIS 20 6 6.1 6.2 FINDINGS Main factors affecting Gold Globally Top factors affecting Gold in India today 24 7 CONCLUSION 28 8 ANNEXURE 29 9 BIBLIOGRAPHY 39 INTRODUCTION Structure The gems and jewellery industry occupies an important position in the Indian economy. It is a leading foreign exchange
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