Restaurant PEST Analysis: A PEST analysis is a business tool that can help determine the macroeconomic factors that will impact a business. Specifically a PEST analysis measures the political‚ economic‚ social and technological factors that impact a business. A PEST analysis of a restaurant can be useful for determining if the environment is appropriate for such a business. Political Factors * Political factors deal with the degree to which the government influences and controls businesses. For
Free Economics Macroeconomics Health
PEST ANALYSIS The market environment is a marketing term and it refers to all of the forces outside of marketing that affect marketing management’s ability to build and maintain successful relationships with target customers. Company‚ its suppliers‚ distributors‚ and its competitors are also impacted by what is happening in the world. To succeed therefore‚ it is necessary to continuously monitor‚ anticipate‚ and adapt‚ to that environment‚ and wherever possible‚ shape that environment. The
Premium Mobile phone Social class
been built upon the more deeply established commercial vehicle product line. PEST ANALYSIS A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis‚ but these themes can easily be subsumed in the others. The analysis examines the impact of each of these factors on the business. The results can then
Premium Tata Motors Automotive industry Ford Motor Company
Depends on your company. For a more accurate PEST analysis‚ it’s best to consider your company’s structure‚ product‚ and strategy. Anyway‚ here’s a very simple PEST analysis. Political - Vietnam is a Single Party Communist State. There is more likely to be higher government control and less autonomy for the organization wanting to enter the Vietnamese market. However‚ on the good side‚ Vietnam is more likely to have relatively greater political stability. Would be advisable to form good relations
Premium Marketing Communist state Vietnam
PEST Analysis of Nokia PEST analysis identifies the political‚ economic‚ social‚ technological‚ environmental‚ and legal factors that of which directly affect a company. Political Factors Political/Legal environment are usually considered as one because they are enforced by the nation’s government. It is vital for Nokia’s operation because different nations with their respective government have different Political/Legal platforms respectively; Nokia operating on global level must abide to
Free Mobile phone
HUONG HAAND KEN COGHILL E-Government in Singapore — A Swot and Pest Analysis HUONG HA Department of Management‚ Monash University‚ Australia Huong.Ha@BusEco.monash.edu.au KEN COGHILL Department of Management‚ Monash University‚ Australia Ken.Coghill@BusEco.monash.edu.au ABSTRACT This paper aims to review and evaluate the vision‚ the objectives and the strategic framework of e-Government in Singapore. Rapidity‚ Reliability‚ Efficiency‚ Cost-effectiveness‚ Customer-orientation and Accessibility
Premium Singapore Public administration Government
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
Premium Employment United Arab Emirates Political science
PEST analysis Philips Philips is an multinational company who operates all over the world. They can choose where they operate and anticipate on each situation. This PEST analysis is about the Netherlands because the Headquarters are in the Netherlands. Political Factors The political situation is stable from 1990 till 2010 there has not changed much. When you look at the taxes and the benefits Philips have in the Netherlands. In the Netherlands multinational companies have benefits on
Premium Economics Inflation Multinational corporation
PEST considers four macro environmental factors; political‚ economic‚ social and technological (Abdullah & Shamsher‚ 2011; Gupta‚ 2013; Ward‚ 2005; Koumparoulis‚ 2013; Nunes & Peng‚ 2007). The framework investigates the external environmental factor of a business to examine a business’s position in an industry or environment and feasibility of the business venture in that environment (Nunes & Peng‚ 2007). PEST assumes that the success of companies is dependent
Premium Rwanda Economics Inflation
TABLE OF CONTENTS TOPICS PAGE NO. 1.0 Executive Summary………………………………………………………3-4 2.0 Objectives…………………………………………………………………..5 3.0 Economic Analysis………………………………………………………..6-7 4.0 Industry Analysis…………………………………………………………..8-10 5.0 Company Profile..………………………………………………………….11 5.1 Key Financial Ratios………………………………………………11-12 6.0 Valuations………..…………………………………………………………15 6.1 Dividend Valuation Model…………………………………………14-16 6.2 Price-Earnings(P/E) Model.………………………………………..17
Premium Airline Qantas Financial ratio