advantage of changewithin the environments in which it operates.PEST analysis is used to identify the external forces affectingan organisation .This is a simple analysis of an organisation’sPolitical‚ Economical‚ Social and Technological environment.A PEST analysis incorporating legal and environmentalfactors is called a PESTLE analysis. 3. P for POLITICAL FACTORS E for ECONOMIC FACTORS S for SOCIAL FACTORS T for TECHNOLOGICAL FACTORS 4. Legislation such as the minimum wage or anti discrimination
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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PUBLIC PRIVATA PARTNERSHIPS AND REGULATORY STRATEGIES COURSE (MP525) LECTURER: DR. SHANMUGASUNDARAM SUBRAMANIAN WRITTEN ASSIGNMENT PPP of Vasco da Gama Bridge in Portugal Table of Contents Topic PPP of Vasco da Gama Bridge in Portugal Introduction Introduction to the Public Private Partnership concept Need for the Public Service To solve the congestion problem on Lisbon’s other bridge (25 de Abril Bridge)‚ and to join previously unconnected motorways between
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PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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PEST stands for the analysis of the external factors which is beneficial when conducting research before beginning a new project or to help conduct market research. These factors are: * Political – Laws‚ global issues‚ legislation and regulations which may have an effect on your business either immediately or in the future. * Economic – Taxes‚ interest rates‚ inflation‚ the stock markets and consumer confidence all need to be taken into account. * Social – The changes in lifestyle and
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1. What is a pest control management program? Integrated pest management (IPM)‚ also known as Integrated Pest Control (IPC) is a broad-based approach that integrates a range of practices for economic control of pests. IPM aims to suppress pest populations below the economic injury level (EIL). The Food and Agriculture Organisation of the UN defines IPM as "the careful consideration of all available pest control techniques and subsequent integration of appropriate measures that discourage the development
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This paper outlines the benefits of environment influence on business. The paper specifically discusses about the FirstGroup Plc and environment influence of PESTEL analysis. what is the impact on the business of the stakeholder such as‚ Governments‚ customers and communities. The paper concludes the FirstGroup Plc strategy to overcome the demand of the customers risen above the pack because of its extremely ethical and highly exposed business practices‚ both in regard to its sourcing and its treatment
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Spain vs. Portugal: Which Colonial System Was More Effective? Spain and Portugal can be considered two of the greatest colonial powers in history‚ each having ruled their respective empires for more than three centuries. These imperial powers owed their accomplishments to different concepts of organization and ultimately the Spanish method was more successful. The Spanish administrative system was well organized‚ making land grants and getting labor more efficient. The Portuguese system‚ on the other
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As a small nation‚ Portugal may have seemed to be an unlikely leader in exploration and navigational science. The location of Portugal‚ really helped to develop it in its rise to the forefront. Surrounded to the east and north by Spain and having no outlets on the Mediterranean‚ Portugal was forced to use the Atlantic Ocean as its main source of travel. The Portuguese were aware that the Arab caravans were crossing the Sahara to bring gold‚ slaves‚ and ivory from Africa to Europe. There was talk
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HUONG HAAND KEN COGHILL E-Government in Singapore — A Swot and Pest Analysis HUONG HA Department of Management‚ Monash University‚ Australia Huong.Ha@BusEco.monash.edu.au KEN COGHILL Department of Management‚ Monash University‚ Australia Ken.Coghill@BusEco.monash.edu.au ABSTRACT This paper aims to review and evaluate the vision‚ the objectives and the strategic framework of e-Government in Singapore. Rapidity‚ Reliability‚ Efficiency‚ Cost-effectiveness‚ Customer-orientation and Accessibility
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