PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
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PEST ANALYSIS The global apparel market is a consumer-driven industry. Also‚ globalization and new technologies have allowed consumers to have more access to fashion. As a result‚ consumers are changing‚ competition is fierce‚ and companies are evolving to meet these demands. The company was founded in 1975 by Amancio Ortega in Spain. Trendy clothing brand Zara is known around the world for dressing men‚ women and children in a sexy retail environment that feels a lot more expensive and exclusive
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The PEST or PESTLE Analysis templates PESTLE analysis template Other than the main headings‚ the questions and issues in the template below are examples and not exhaustive - add your own and amend these prompts to suit your situation‚ the experience and skill level of whoever is completing the analysis‚ and what you aim to produce from the analysis. The context upon which a PESTLE analysis is undertaken can help to determine how to interpret facts and information discovered. |PEST/ PESTLE Analysis
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The legalization of marijuana is a controversial topic not just in New Zealand but all over the world. Some people think that marijuana is great e.g. it relieves pain‚ calms you down and is not physically addictive. Other people do believe in this point of view the say that it can physically harm your body‚ harms babies and leads to harder drugs. Firstly marijuana is not physically addictive. This means the body will not crave the way it will with other drugs such as heroin where people become
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Using 1080 to control possums in New Zealand The sodium fluoroacetate used for pest control as biodegradable 1080 is chemically identical to the toxin naturally found in leaves of many plants in Australia‚ Brazil and Africa1. Its first use dates back to 1944 in the United states for vertebrate control and has been used against several other species since. Currently used in Mexico‚ Japan‚ Australia and Israel. The first trials in New Zealand in 1954 were successful and by 1957 it was already being
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reduce the money companies spend on finding and training new employees. It is important to consider employees may want or need and what the company can reasonably supply. Providing specialized on-site training‚ even if provided by senior members of the company‚ and offering one-on-one assessment and coaching sessions‚ can help employees reach peak performance rates. After being hired on‚ a strong training and mentoring program can help a new member of the staff get up to speed on company policies
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PEST Analysis Leader:Penelope贺朋旭(会计103) Deccember 2010 PEST Analysis Potical Factors • China is a communistic country‚ and it is steadier than some country which always has some war‚ anarchy and so on‚ which is adapted to the development of car companies. • Chinese goverment encourage overseas company to operate in China‚ such as derating‚ lower lending rate… • Chinese rule is strict for car purchaser and owner. For example Beijing government claim that
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PEST Analysis for Newspaper Industry Using the PEST analysis to assess the macro environment of the newspaper industryshows that the technology and recession are two of the major factors that have beenaffecting the newspaper industry as well as the socio cultural side. Technology The Internet‚ a powerful and advance technology‚ has changed the model of masscommunication. The Internet has had a major impact on the external environment of thenewspaper industry and has been gradually substituting
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K+12 Educations PEST Analysis Political Government Fund for education will increase due to professional fee of the additional teacher and classroom needed. Higher probability that educational funds‚ coming from LGU’s‚ Adopt-A-School Program and TEN Moves fund will be corrupted by the government officials. Government need to have a quick responds to the needs for educational resources. Has a political advantage to politician image by building educational infrastructure under their name. A probability
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PEST analysis on Harrow College. Political Harrow College is working as independently college. If the government takes action there will be a risk of Harrow College fail to deliver the policy or they may be diverted away from local priorities. The government legislation may force Harrow College to be self managing and self financing. Economic The government may influence the financing decision from Harrow College by cutting the budget from schools. The location of Harrow College may influence
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