APA citations to support your statements‚ explain what a PEST table is and why it is important to an organization (1-2 paragraphs). Pest Analysis is a frame work that strategy consultants uses to scan the mirco environment in which the firm operates. (Value Based 2013) PEST is Political‚ Ecomonic‚ Social factor and Techonolgies factors. Companies will use this in workshops and it will make the managmenets brainstorm techniques using PEST for strategic plannings‚ marketing planning or development
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PEST ANALYSIS Political- Hong Kong is politically stable‚ there would rarely be any political factors that will interrupt and slow down the company’s growth. Hong Kong doesn’t have goods and services tax so this allows McDonalds to have lower expenses and they can maximize their profit. The international operations of Mcdonald’s are highly influenced by the individual state policies enforced by each government. Economic- The economic collapse has caused Hong Kong to enter the recession stage in
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PEST ANALYSIS Stationary Businesses do not operate in a vacuum. The stationary business world is dynamic and to achieve competitive edge we should need to understand the dynamics of stationary industry and business . Our Organizations face problems from external factors which can affect products‚ policies‚ people and profits. To understand and evaluate external factors‚ we undertake what is called a PESTEC Analysis. * Political factors that affect businesses include new legislation such as the
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of art European air hub at Leipzig/Halle Airport in Germany. In this document I will be covering both a PEST and SWOT analysis of DHL as a company. PEST Analysis of DHL‚ the PEST itself looks into the Political‚ Economic‚ Social and Technological Factors of a company and its marketing environment. Focusing on the internal environment‚ micro-environment and the macro-environment. Using a PEST analysis should always be considered when entering a new market‚ Launching a new product or service‚ considering
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Topic No. | | | |Essay Topic | | |Topic Area |Actual PresentationTopic | | | |(read these
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What is the best feature that makes customers choose Nando’s over the competitors? Service is one of the best selling point of Nando’s. Secondly will be the food. The special about Nando’s food lies in the unique sauces. The unique sauces offered by Nando’s cannot be found in other restaurants. Nando’s sauces are available at some major supermarket in the Malaysia‚ such as the Giant. Furthermore‚ the quality of the chicken is at the highest most standard of Grade A‚ with all the part are prepared
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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
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Task 1-Analysis of the Macro-environment Identify all the issues you can think of that might impact upon Hotel Chocolat and write them down in the relevant boxes. PESTEL Analysis | Political | * They are providing direct funding and management skills in the Osuben Basin region to launch and maintain sustainable projects to improve the lives of cocoa farmers | Economical | * 5% discount on all products for member of the tasting club * Hotel Chocolat guarantee that they will buy all
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Nando’s * Its success is due to its commitment to encouraging and developing the skills of its workforce. * 40% of management used to be cashiers or grillers. * Communication and implementation of its core value systems is important. * “one part chicken; one part people” * Combining the right people with a winning product has got Nando’s to where it is now. Nando’s Vision: “To keep exploring new territory.” Nando’s justified its vision by keeping an underachieving store open
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Nando’s has been successful at its advertising tactics. Since their venture into the social media platform‚ Nando’s has been able to take advantage of the benefits of word-of-mouth. The use of social media allows Nando’s to directly communicate with its loyal consumers. This builds consumer confidence in their decision to purchase goods from Nando’s and appeal to its young consumer market base in that regard. The way in which the social media accounts are handled is brilliant as one sees how Nando’s
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