A PEST analysis (also sometimes called STEP‚ STEEP or PESTLE analysis) looks at the external business environment. In fact‚ it would be better to call this kind of analysis a business environmental analysis but the acronym PEST is easy to remember and so has stuck. PEST stands for Political‚ Economic‚ Sociocultural and Technological. (Technological factors in this case‚ include ecological and environmental aspects - the second E in STEEP and PESTLE‚ while the L in PESTLE stands for legal). The analysis
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Part 1. PEST Analysis in Business Environment 1. Introduction 2 1.1 PEST Analysis Execution 2 Political Environment 2 Economical Environment 2 Social Environment 3 Technological Environment 3 Part 2. Case Study On Organizational Business Strategy 2. Vodafone - Using Technology To Improve Economies .............................................................4 2.1 PEST factors affecting
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CHINA’S TELECOMMUNICATIONS INDUSTRY INTRODUCTION China has developed a huge telecommunications sector. Today China is one of the largest telecom subscribers in the world’s telecommunication market. China’s telecommunications industry started to expand during early 1990s due to economic growth‚ technological improvements‚ low tax rates‚ and institutional changes‚ which allowed competition. Figure 1 shows that electronic-telecom industry had the fastest growth of sales revenue during
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(Wilson 2005). The Adidas Group has penetrated most countries so all these social attributes play very important roles in deciding the company’s strategy. PEST ANALYSIS TECHNOLOGICAL FACTORS Technological advances in things like machinery will have an affect on the Adidas Group. The latest Technology can speed up production‚ save energy or cut down labour costs. Currently the world has become a small village and the
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The Development Research Forum in Cambodia Scoping Study: Research Capacities of Cambodia’s Universities Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG Sotheavan and NHEM Sochea Scoping Study: Research Capacities of Cambodia’s Universities* Special Report Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG
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External Environmental Analysis on PEST‚ PORTER’S FIVE ANALYSIS & SWOT Introduction The purpose of this report is to examine the external environment in Malaysia that affected Gucci‚ one of the Italian high fashion luxury brand. PEST analysis‚ competitive analysis and SWOT have been used by investigators to achieve the target. Gucci- Company Overview Gucci is among the sophisticated international fashion company which produces high quality of clothing‚ fragrances‚ accessories‚ handbags and
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number of banks of both national and foreign banks reached 61 banks‚ which shows the success of the financial services in the UAE. We also analysis the external macro-environment that affects all firms of industry‚ PEST analysis is a short form of Political‚ Economic‚ Social‚ and Technological factors that should be considered for any foreign investment. We have analysis for Ms Prakesh all those factors and we found that the UAE is a very suitable for open a business because it have a developed and increased
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Poter’s Diamond Analysis on FDI in India Factor Condition; ➢ India is the second most populous country in the world. Some 68% of the population still lives in rural areas. A total of 550 million Indians are under the age of 25 and 350 million under 15 years (IBEF‚ 2008). By 2013‚ the net addition to the productive population (age 25-44 years) will be 91 million‚ or 33 %. The biggest benefit of this demography is the high consumer base [pic] [pic] ➢ The working age populaton is expected
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Case 1 PEST analysis for Target Canada MGMT 6057 Contemporary Business Management Fanshawe College Submitted To: Albert Knab Submitted By: Deshana Shah Student Id: 0725963 Date: October 18‚ 2014 Target Canada gets to be favoured shopping goal from retail chain roots. First and foremost Target store was secured in 1962. Target Store is focused on its legacy of dependable corporate citizenship‚ moral business hones‚ natural stewardship and liberal group help. PEST Analysis PEST is creation
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Life Style With diet becoming a major part of people’s life styles in 2010‚ McDonald’s has had to introduce new items to the menu‚ to continue to offer something for all age groups‚ and everyone. McDonalds recognises customers are not all the same. • A parent with two children visits McDonald’s to give the parent a treat. • The children want to visit as it’s a fun place to eat. • A business customer visits McDonald’s during the working day‚ as the service is quick‚ the food
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