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
Premium Economics Economic growth Soviet Union
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
The sociocultural environment encapsulates demand and tastes‚ which vary with fashion‚ disposable income‚ and general changes‚ can again provide both opportunities and threats for particular companies (Thompson‚ 2002; Pearce and Robinson‚ 2005). Over-time most products change from being a novelty to a situation of market saturation‚ and as this happens pricing and promotion strategies have to change. Similarly‚ some products and services will sell around the world with little variation‚ but these
Premium Demographics Demography Strategic management
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
Automobile Industry PEST Analysis 1. Political Factors A) Environment Concerns: Leading to the quest for eco-friendly cars‚ people would prone to buy hybrid or even pure electric cars in the future. B) Government Regulations: Limitation on high emission car purchase‚ and the restrictive passage of autos in downtown area‚ as well as the limitation on license plate (number plate) in huge cosmopolitans. C) Some pioneering states in the US have started to set the rules to govern robotized
Premium Automobile Economic growth Southeast Asia
PEST Analysis Political The international IT and electronics industries have been characterized with intensive competition. Electronics and IT companies are constantly reviewing their achievements as well as the competitors’ in order to come up with better business strategies in an effort to best all other existing industry rivals. With the merger and acquisition strategy between HP and Compaq‚ members of the IT and electronics industry all over the world were threatened with the intensified effort
Premium Mergers and acquisitions Hewlett-Packard
Submission of the draft copy of INB-355 Term Paper on Russia & its Car Industry To XXX By XXX 16 March ‚ 2009 LETTER OF TRANSMITTAL Date: 16th March‚ 2009 To XXXX Faculty BBA Department North South University. Subject: Submission of the draft copy of INB-355 Term Paper. Dear Madam‚ We have presented the spring’09 INB-355 term paper (Draft Copy)‚ which you assigned us to prepare as a course requirement. This particular report
Premium Russia
The Financial Environment- Group Presentation Economical Aspects: * ‘The European Crisis’ influence on demand.’ – Unfortunately the Euro could still collapse despite the bails out that have been taking place recently. Whilst the insurance industry appears to be well prepared if this does happen‚ the potential further consequences of a deeper recession across Europe would more than likely be harmful. It would reduce the demand for insurance products due to the reduction in disposable income and
Premium Euro United Kingdom European Union
Table of Contents 1. PEST Macro-Analysis 2 1.1. Overview 2 Political Factors 2 Economical Factors 3 Social Factors 4 Technological Factors 4 PEST Macro Analysis Summary 5 Bibliography 6 1. PEST Macro-Analysis 1.1. Overview The virtual banking industry was based primarily on the confidence of the users in the web-based banking technology and the authenticity of the virtual banks. The industry also projected constant changes to the regulations and technology which would define
Premium Bank