PEST analysis From Wikipedia‚ the free encyclopedia "PEST" redirects here. For the special forces unit of the Slovenian Military Police‚ see Specialized Unit for Special Tactics. PEST analysis (’Political‚ Economic‚ Social and Technological analysis’’’) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Some analysts added Legal and rearranged the mnemonic to SLEPT; inserting Environmental factors expanded it to PESTEL or
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as ways of cataloguing the vast number of possible issues that might affect an industry. A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis‚ but these themes can easily be subsumed in the others. The analysis examines the impact of each of these factors (and their interplay with each other) on the
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United Arab Emirates a. Introduction Dubai‚ the most well-known state in the UAE‚ became a major hub for trade since 1985 with the establishment of the first and biggest free-zone area in the Middle East - Jebel Ali. Since then‚ it developed as an international business center and a modern tourist destination. Over the past ten years‚ since 1996‚ when Dubai Airport Free Zone was established and the first Dubai Shopping Festival launched‚ the city has positioned itself as the „City of Gold‟ and
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A PEST analysis (also sometimes called STEP‚ STEEP or PESTLE analysis) looks at the external business environment. In fact‚ it would be better to call this kind of analysis a business environmental analysis but the acronym PEST is easy to remember and so has stuck. PEST stands for Political‚ Economic‚ Sociocultural and Technological. (Technological factors in this case‚ include ecological and environmental aspects - the second E in STEEP and PESTLE‚ while the L in PESTLE stands for legal). The analysis
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The Development Research Forum in Cambodia Scoping Study: Research Capacities of Cambodia’s Universities Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG Sotheavan and NHEM Sochea Scoping Study: Research Capacities of Cambodia’s Universities* Special Report Team Members: KWOK Kian-Woon‚ CHAN Sopheap‚ HENG Chinda‚ KIM Sedara‚ NETH Baromey and THON Vimealea Research Assistants: Kelvin CHIA‚ CHHOENG
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Analysis of the Airline Industry Parameters of the Industry American Airlines is a subsidiary of AMR Corporation and one of the leading airlines in the U.S. It has two subsidiaries‚ that is American Eagle and American Connection. It is the second largest airline in the world based on revenues used in its operation‚ its size of fleet and miles covered in passenger transport. It has an extensive operation of both domestic and international flights in North America‚ Latin America‚ Europe‚ Asia and
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CHINA’S TELECOMMUNICATIONS INDUSTRY INTRODUCTION China has developed a huge telecommunications sector. Today China is one of the largest telecom subscribers in the world’s telecommunication market. China’s telecommunications industry started to expand during early 1990s due to economic growth‚ technological improvements‚ low tax rates‚ and institutional changes‚ which allowed competition. Figure 1 shows that electronic-telecom industry had the fastest growth of sales revenue during
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Bata Manufacturing in China 8 1. Human Resources 8 2. Modern Economic Strategy 9 3. Existing Customer Interest 9 4. New Customers Sources 9 5. Market Size 10 6. Operational Costs 10 A. Labor 10 B. Raw Materials and Supplies 10 C. Equipment 10 PEST Analysis 11 Political Environment 11 Economic Environment 13 Social Environment 15 Technology Environment 17 Conclusion 20 Reference 21 Bata The name Bata became known in then Malaya when the first store opened in the Capitol Building‚ Singapore in 1930
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Woofer Pet Foods produces a low-calorie dog food for overweight dogs. This product is made from beef products and grain. Each pound of beef costs $0.90‚ and each pound of grain costs $0.60. A pound of the dog food must contain at least 9 units of Vitamin 1 and 10 units of Vitamin 2. A pound of beef contains 10 units of Vitamin 1 and 12 units of Vitamin 2. A pound of grain contains 6 units of Vitamin 1 and 9 units of Vitamin 2. Formulate this as an LP problem to minimize the cost of the dog food. How
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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
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