1.0 INTRODUCTION: PEST is a study which is apprehensive by describing the exterior of ecological manipulates on a company. The abbreviation locates for the Political‚ Economic‚ Social and Technological matters with the intention of may perhaps influence the tactical growth of a company (ESCAP 2009). Here I choose a business organization which is PROTON to classify PEST which manipulates a helpful technique of abbreviation the exterior surroundings in which this business functions. Nevertheless
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PEST Analysis of Nokia PEST analysis identifies the political‚ economic‚ social‚ technological‚ environmental‚ and legal factors that of which directly affect a company. Political Factors Political/Legal environment are usually considered as one because they are enforced by the nation’s government. It is vital for Nokia’s operation because different nations with their respective government have different Political/Legal platforms respectively; Nokia operating on global level must abide to
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Depends on your company. For a more accurate PEST analysis‚ it’s best to consider your company’s structure‚ product‚ and strategy. Anyway‚ here’s a very simple PEST analysis. Political - Vietnam is a Single Party Communist State. There is more likely to be higher government control and less autonomy for the organization wanting to enter the Vietnamese market. However‚ on the good side‚ Vietnam is more likely to have relatively greater political stability. Would be advisable to form good relations
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Toxic Boss Syndrome What is Toxic Boss Syndrome? Toxic Boss Syndrome is a problem many workers around the world face everyday. Strong leadership in the workplace is crucial to success‚ but many leaders end up hurting their employees and therefore the company by their attitudes and behaviors. Because the economy is unpredictable and sometimes unstable‚ it has authority figures on edge and many unable to lead in the ways that need to be done (Mckee‚ 2012). According to Colonel George E. Reed of the
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Bruce Pauley’s first hallmark: “Extraordinary powers of the Leader”. The leader in question being Hugo Chavez‚ the previous President of Venezuela‚ who passed on his methods to his Bolivarian revolution comrade‚ Nicolas Maduro. Nicolas Maduro came to power in 2013 as the interim President of Venezuela after Hugo Chavez passed away from Cancer. He then succeeded him officially after the 2013 elections. Hugo Chavez began as a military enthusiast in the Venezuelan Army. Chavez dissatisfied with the Venezuelan
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vehicles producing pickups‚ trucks‚ tractor trailers‚ tippers‚ and buses. Both product lines of the Tata Motors group have seen success‚ but much of this has been built upon the more deeply established commercial vehicle product line. PEST ANALYSIS 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
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PEST considers four macro environmental factors; political‚ economic‚ social and technological (Abdullah & Shamsher‚ 2011; Gupta‚ 2013; Ward‚ 2005; Koumparoulis‚ 2013; Nunes & Peng‚ 2007). The framework investigates the external environmental factor of a business to examine a business’s position in an industry or environment and feasibility of the business venture in that environment (Nunes & Peng‚ 2007). PEST assumes that the success of companies is dependent
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Title When a novel by Victor Hugo is titled Les Misérables‚ flags must go up in the reader’s mind that this is not going to be a happy and fluffy story‚ it is called The Misérables/Wretched/ Victims after all. This is not just a story about the human condition and its relation to misery‚ but also provides models on how to deal with said situation‚ both good and bad. Hugo expresses misery not simply by saying “Life is hard‚” but by showing misery through the experiences of men‚ women‚ and children
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PEST analysis Philips Philips is an multinational company who operates all over the world. They can choose where they operate and anticipate on each situation. This PEST analysis is about the Netherlands because the Headquarters are in the Netherlands. Political Factors The political situation is stable from 1990 till 2010 there has not changed much. When you look at the taxes and the benefits Philips have in the Netherlands. In the Netherlands multinational companies have benefits on
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PEST Analysis for Royal Danish Bearings (RDB) PEST analysis provides a framework for decision makers to consider factors in the external business environment that affect business operations. These factors can be categorised into four sections: political‚ economic‚ social and technological factors which can present opportunities and threats as outlined in the case study. Political * International quality standards to enhance the ease of exporting to different regional trading blocs
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