A LEVEL OF ACHIEVEMENT BUSINESS STUDIES A LEVEL RESOURCES. Issue 3 Sept 2004 Page 1 PEST Analysis A PEST analysis examines the Political‚ Economic‚ Social and Technological environments that affect industries and companies. (PEST analysis is also known STEP analysis). It is now recognised by marketing professionals that in the longer term survival and success of a business is dependant upon the external environment a business operates within. It is not enough to say we have the right marketing
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Introduction A multinational company of Kraft Foods is an American firm doing the business for food and beverage. It produces belong to a global markets and has many brands that over 170 countries (Kraft Foods‚ 2011). And its brands are divided into five main sectors: snacks‚ beverages‚ cheese‚ grocery‚ and convenient meals. The major competitors of Kraft are Nestlé S.A.; Unilever; ConAgra Foods‚ Inc.; Groupe Danone; H.J. Heinz Company; Sara Lee Corporation; etc. One of the world’s fourth biggest
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National Maritime Museum PEST Analysis What political factors affect the Museum’s ability to attract visitors? The museum is required to meet government target to attract any groups. Free admissions in museum are funded by central Government. Foreign tourists are worried about health risk such us the recent outbreak of Foot and Mouth disease and because of this they can stop to visit. What economic factors affect the Museum’s ability to generate income and increase the number and profile of visitors
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SLP MGT 599 Strategic Management Dr. Nanette Metz In the every changing and expanding food industry it is imperative organizations conduct strategic marketing to remain on top of their industry and make better plans for their future. Strategic marketing drives organizations to their peak of success and draws customer loyalty. The Porter Five Analysis and PEST analysis are two of the tools utilized by strategist to enhance organizational success. The Porter Five model examines
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PEST Analysis Understanding "Big Picture" Forces of Change (Also known as PESTLE‚ PESTEL‚ PESTLIED‚ STEEPLE and SLEPT Analysis) PEST Analysis is a simple‚ useful and widely-used tool that helps you understand the "big picture" of your Political‚ Economic‚ Socio-Cultural and Technological environment. As such‚ it is used by business leaders worldwide to build their vision of the future. It is important for these reasons: • First‚ by making effective use of PEST Analysis‚ you ensure that what
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tais como: clientes externos‚ agentes e distribuidores‚ fornecedores‚ a competição‚ etc. 3. Factores macro-ambientais‚ tais como: Poderes Políticos (e legais)‚ poderes económicos‚ Sócio-cultural e Tecnológicos. Estes são conhecidos como factores PEST. [pic] Factores Políticos A área política representa enorme influência sobre as regras empresariais‚ e o poder de compra de clientes e outras empresas. Você sempre deve considerar factores como: 1. Quanto estável é o ambiente político? 2. Poderão
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cost for 10x20 – foot booth= $361450 To reach =1.4 million attendee Total cost = $147377 5/Direct marketing:- Target existing Kraft customer thought a direct mail campaign. Total cost estimated of direct mail insert = $50‚000 *SSP machines‚ the total cost for the web site‚ email campaign and give away estimated at = $*30.000 *Should Kraft Canada* proceed with a simultaneous launch? Reasons for launching: If Folgers gained dominant position in the
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PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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FOOD‚ INC. Fast Food the whole industrial food system began with fast food in the 1930s‚ a new form of restaurant arose—the drive-in the McDonald brothers had a very successful drive-in‚ but decided to cut costs and simplify they had a revolutionary idea- bring the factory system to the restaurant kitchen they trained each worker to only do one thing again and again (this way‚ they could pay them a low wage and easily find someone to replace them) McDonald’s fast food was a HUGE success new mentality
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Marketing Management Kraft Foods UK Case Study Report Table of contents Introduction Kraft foods are already a Market leader in the packed Food Industry. It has dominance in several of the product lines. As a forward looking corporate‚ it does not want to restrict this predominance to “today” and aims to be ahead through a combination of proactive and dynamic approach. They intend to initiate a series of bold steps which will see them through on two fronts. The first one
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