PEST ANALYSIS The PEST analysis is a useful tool for understanding market growth or decline‚ and as such the position‚ potential and direction for a business. PEST is an acronym for Political‚ Economic‚ Social and Technological factors‚ which are used to assess the market for a business. Basically it is a scan of macro-external environment‚ in which a business wants to operate. Political Factors include: • Tax policy • Employment laws • Trade restriction and Tariffs
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PEST Analysis for a Company in the Tourism Industry The Tourism industry is one of the fastest growing industries in the world. The World Travel and Tourism Council estimates that in 2004 Travel and tourism is expected to generate * US$ 5‚490.4 billion of economic activity * 10.4% of total GDP * 214‚697‚000 jobs or 8.1% of total employment * 12.2% of total exports [1] My task is to conduct a PEST analysis for a company within the Tourism industry. Within the tourism industry‚ I have
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Relocating the American Dream The America of the 1960s as Portrayed by the New Journalists Norman Mailer‚ Hunter S. Thompson‚ and Tom Wolfe Master ’s Thesis Department of English University of Helsinki Supervisor: Bo Pettersson Date: 25.3.2009 Meri Laitinen 1. INTRODUCTION .............................................................................................................3 1.1 Aims and methods ..............................................................
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sugary drinks are in no relation to the obesity increasing each year‚ but further research says otherwise. Advocates of taxing these drinks say that the bigger price tag on sugary drinks can reduce the consumption over them and improve people’s health. The bigger concern is where is the other tax money going if we do taxt sugary drinks. The huge controversey for taxing sugary drinks will help to reduce obesity and diabetes‚ since those rates are increasing with the consuption of sugary drinks‚ while
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POLITICAL ANALYSIS TAXATION As of 1 January 2001‚ South Africa’s territorial system of taxation (or source-based system) was replaced with one based on worldwide incomes for resident companies‚ including resident branches of foreign companies. In order to preserve some of South Africa’s appeal as an "off-shore" location for international headquarters‚ a separate regime for non-resident International Holding Companies (IHCs) is maintained which allows for income from foreign subsidiaries
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PEST Analysis The PEST analysis is used in this report to evaluate the political‚ economic‚ social and technological aspects of the macroeconomic environment in the targeted market‚ Russia. This study helps to frame the basis for the decision-making about a possible market entry. Thus‚ it is of vital importance to scrutinize the macroeconomic environment as part of the market research. Political and Legal Aspects According to the Russian 1993 Constitution‚ Russia is a democratic federative state
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Executive summary: 1.1 Background India‚ the world’s largest malt-based drinks market‚ accounts for 22% of the world’s retail volume sales. These drinks are traditionally consumed as milk substitutes and marketed as a nutritious drink‚ mainly consumed by the old‚ the young and the sick. The Health food drinks category consists of white drinks and brown drinks. South and East India are large markets for these drinks‚ accounting for the largest proportion of all India sales. The total market is
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One of the songs that means a lot to me was the song that they had played at my dad’s friends funeral. “Drink a Beer” expresses how I felt almost in exact words. This guy was my idol and my role model. He was more of a dad to me that my actual dad was‚ and to loose him made me feel like my life was going to end without him. The lyrics in this song that really stand out to me is “When I got the news today I didn’t know what to say‚ so I just hung up the phone. I took a walk to clear my head‚ this
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Stimulant drinks are becoming the drinks of choice for many young people‚ and as their popularity rises‚ so do the sales numbers. Terry (2005) clarifies that energy drinks sales over $200 million in 2001‚ which more than doubled year 2000 sales of $130 million. These drinks are heavily marketed to teens as a harmless way to boost energy‚ but in reality they’ve been linked to serious health effects. The sales and consumption should therefore be restricted. 64 First and foremost‚ stimulant drinks often
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Table of Contents Introduction to Fast Food Industry in Bahawalpur 1 PEST ANALYSIS 1 POLITICAL 1 ECONOMICS2 SOCIAL / CULTURAL 2 TECHNOLOGY 2 SOURCES OF INFORMATION3 Introduction to Fast Food Industry in Bahawalpur Today‚ eating out definitely is part of modern lifestyle‚ or can be said as necessity of modern age. Fast food is mainly targeted to youngster who is providing the fast food Restaurant the most revenue. The high fat foods taste good to these youngsters‚ which in turn
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