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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INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection‚ using the four headings of a PEST analysis: political‚ economic‚ social and technological. Where such influences have more than one dimension‚ they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001‚ and
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PESTAL Analysis of Serena Hotel Political Pakistan has experienced many political upheavals during the last year of a century and the one thing‚ which the country was lacking‚ is political stability. This had a direct effect upon the policies of the businesses especially hotels management. Although tourism growth was affected all over the world after the 9/11 incident‚ and it had a far reaching negative impact on Pakistan’s economy in general and Gilgit Baltistan in particular‚ as its economy
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Tourism is often touted as an industry that will never shrink in size. In other words‚ as the world develops‚ more and more people will be able to travel. Although many may see this as a positive phenomenon‚ it is not a trend without drawbacks. Both the advantages and disadvantages of this topic will be analyzed before a reasoned conclusion is reached. On the one hand‚ the reduction in travel fare and the increasing of global tourism can be seen as a positive event as it promotes intercultural
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ANALYSIS OF INDIAN TOURISM INDUSTRY This sector is one of the most crucial sectors of the economy in the country. It is not only a significant contributor to GDP and foreign exchange reserve of the country‚ but also it provides widespread employment. Tourism sector can also be considered the backbone for allied sectors‚ like hospitality‚ civil aviation‚ and transport. Sensing the importance of the sector‚ Indian Government has invested abundantly in the past for infrastructure development. It
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2 Competitive Forces in the Tourism Industry Page 4 Conclusion Page 6 References Page 6 Introduction: This paper will be dynamically examining the tourism industry during the 2000s. It will begin by using the PESTEL framework to analyse the macro environment and determine which factors drive the competitive forces within the industry. Following this‚ Porter’s Five Forces model will be used to analyse the actual competitive forces at work within the industry and determine the relative importance
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PEST Analysis about the American Manufacturing Industry In the article Can the Future Be Built in America‚ the author Pete Engardio describes the crucial issue of the manufacturing industry exodus from the United States and how smarter tax policies‚ low-cost loans‚ and industrial zones may help keep factories at home. For over a half century‚ American manufacturing has dominated the globe. It helped rebuild Europe and Japan and it stimulated the economic growth in China because of outsourcing
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PEST Analysis We are going to produce a PEST analysis to find out what external influences may be affecting the product (Milo) and to what extent to which customers decide to buy them. The purpose of the PEST analysis is to analyse the organization (Nestle Milo) operates and to identify how it may influence marketing decisions. A PEST analysis analyses the external environment in which an organization operates and identifies how it should influence marketing decisions. Political Factors The actions
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PEST ANALYSIS What is PEST Analysis? A PEST analysis is used to identify the external forces affecting an organization .This is a simple analysis of an organization’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. It is very important that an organization considers its environment before beginning the marketing process. In fact‚ environmental analysis should be continuous and feed
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the basis of PEST analysis launch a Pakistani product in Belgium? In order to launch a Pakistani product in foreign country we have to look macro economic conditions of that country. There are different accept and measurement. As to market Pakistani product certain thing are important for instance culture‚ area‚ age‚ group‚ buying power‚ availability of raw material etc. Macroeconomic play vital role to sell a product in any country of the world. In macroeconomic PEST analysis is very important
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