PEST stands for the analysis of the external factors which is beneficial when conducting research before beginning a new project or to help conduct market research. These factors are: * Political – Laws‚ global issues‚ legislation and regulations which may have an effect on your business either immediately or in the future. * Economic – Taxes‚ interest rates‚ inflation‚ the stock markets and consumer confidence all need to be taken into account. * Social – The changes in lifestyle and
Premium Inflation SWOT analysis Law
the Company ............................................................................................... 7 Situational Analysis .......................................................................................................... 8 Macro Analysis ................................................................................................................. 9 PEST Analysis .............................................................................................................. 9 Political
Premium Hotel
Introduction The tourism industry is the largest and fastest growth industry in the world‚ and also is the main and important industry that consumes a lot of human resources in the labor market. As an example‚ Malaysia is one of the twelve mega-biologically diverse countries in the world‚ which boasts at least 15‚000 species of flowering plants‚ 286 species of mammals‚ 150‚000 species of invertebrates and 4‚000 species of fishes in addition to the countless micro-organisms. Since there are so many
Premium Tourism
PEST analysis for Organix (UK) Political factors Stable political system‚ good-working legal system‚ guaranteed compliance with the laws (especially what affecting business)‚ general government stability and risk aversion policy are positive factors for Organix to start up their business in UK. Economical factors Stable economic system‚ high level of GDP per capita (for UK and EU countries where products are mostly selling) and middle-high growth rate (historical tendency)‚ very high level of
Premium European Union Inflation Economic system
A PESTEL analysis of Chinas current economy With China economic growth rapidly‚ more and more business people like to invest on chinese market. Meanwhile‚ multinational investment is always a good condition for economics’ grow and prosperity as well. In order to attract foreign direct investment and run a successful business in China‚ it is important to analyzing the macro-environment‚ and identify the factors that could affect the organization’s economy‚ such as supply and demand and its costs.
Premium Economics Economy of the People's Republic of China Investment
aims to describe the tourism policy and strategies in national and state contexts‚ to determine the inherent direction and prospects or potential in the tourism development of Kuala Lumpur as a tourist-friendly destination. The results show that some aspects need to be emphasized and have similarities in each of policies and strategies at the national and state level. This shows that policies made at national level could be followed at state level‚ so that each line of tourism development planning
Premium Tourism
PEST Analysis PEST analysis of polish market with a particular focus on the polish construction industry has been conducted in order to investigate the important factors that are influencing the industry in this country and having an impact on the companies operating or planning to operate in Poland in the construction sector. This analysis has been conducted in order to help assess how attractive the construction industry in Poland is and what factors can help it to develop or stop the development
Premium European Union Poland
Judaism and many more have different buying patterns and opinions for any products they buy (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
Premium Economics Minimum wage Inflation
PEST Analysis for Sony Corporation POLITICAL FACTORS Political factors for Sony Corporation can be changed at any time. TheGovernment holds the power to change any policies and regulationswhich may affect Sony at the time. The credit crunch and the recession may become reduced‚ therefore resulting in better trades for Sony Corporation. However this also means that the same has occurred for Sony¶s competitors. This means that Sony must develop ideas on how to stay ahead of its competitors. The
Premium Technology Financial crisis Minimum wage
professional and depth research report on China Sodium Hyaluronate Injection industry. The report firstly introduced Sodium Hyaluronate Injection basic information included Sodium Hyaluronate Injection definition classification application industry chain structure industry overview; international market analysis‚ China domestic market analysis‚ Macroeconomic environment and economic situation analysis and influence‚ Sodium Hyaluronate Injection industry policy and plan‚ Sodium Hyaluronate Injection
Premium Marketing Strategic management Capitalism