Political Factors Government type: Nominally Marxist-Leninist single party state. The people’s republic of China is a single party state governed by the communist party of China. President : Hu Jintao Prime Minister: Wen Jiabau Independence: 1‚ October 1949 ( People’s republic of China) Constitutional system China or People Republic of China adopts socialist system or communism in their political system in their decision-making process in governing the country. The country’s sole political
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PESTEL Analysis on Apple Inc. In analysing the macro-environment‚ it is important to identify the factors that might influence the organisation’s demand and supply levels and its cost (Kotter and Schlesinger‚ 1991; Johnson and Scholes‚ 1993). A PESTEL is one of the frameworks that help to understand market growth or decline‚ business position‚ potential and direction for operations (Kotler‚ 1998). PESTEL analysis is also useful when entering a new market or starting business operations in a new
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APPLE PESTEL ENVIRONMENT ANALYSIS Political These refer to government policy such as the degree of intervention in the economy Apple‚ being a Cupertino based company in California‚ is subject to American laws and regulations. These include taxation laws and product manufacturing regulations. Economic * These include interest rates‚ taxation changes‚ economic growth‚ inflation and exchange rates. For example: - higher interest rates may deter investment because it costs more
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While the PEST or PESTLE analysis is primarily aimed at looking at the external environment of an organization‚ many HR courses ask students to use the PEST or PESTLE analysis model to look at their own function. In this context we need to imagine that the department (HR) is an organization in its own right and look outside. Factors to include in your analysis may include the following: •Political •What is the culture of the organization‚ •How is the HR function viewed by other functions
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Business Environment Assignment The PESTEL analysis shown in the appendix portrays some of the issues in the external environment that a firm manufacturing and supplying luxury men’s clothing may experience. In all six sections; political‚ economic‚ social‚ technological‚ environmental and legal there are issues that the firm would face. However‚ some have more significance to others. Although political‚ technological and environmental factors would have a big affect on the firm‚ when looking at
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Using PESTEL analysis to understand the macro-environment that impacts the Banking Industry in China. Political Factors • China has a socialist political system • China has entered into the WTO and as part of the commitment to open up the banking industry‚ has issued the Rules for Implementing the Regulations Governing Foreign Financial Institutions in the People’s Republic of China ‚ which allows Foreign financial institutions to provide foreign currency services to Chinese enterprises
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2012 Luxury Goods Worldwide Market Study (11th Edition) Milan‚ 15th October 2012 This information is confidential and was prepared by Bain & Company solely for the use of our client; it is not to be relied on by any 3rd party without Bain’s prior written consent Executive Summary WHY • The global luxury goods sector has continued to soar to post-crisis heights in 2012‚ with its third year of double-digit growth - Globally‚ luxury goods sales are expected to reach an estimated €212 billion
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Industry Analysis: Capital Goods Industry Executive Summary Capital goods is a mature industry with a unique opportunity for expansion and growth in the developing markets. While large‚ diversified conglomerates - the major industry players - have saturated developed markets‚ population and city growth in developing markets have increased demand for food‚ natural resources‚ and infrastructure‚ thereby growing the demand for capital goods‚ with over 8.1% growth per year projected over the next 5
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PESTEL analysis for THAI airways Political Political factors are how and to what degree does THAI airways intervenes in the economy. Specifically‚ political factors include areas such as tax policy‚ labour law‚ environmental law‚ trade restrictions‚ tariffs‚ and political stability by THAI airways Recently THAI airways stated that the growing economy will boost travel and passengers if Thailand has no political problems. Economic Economic factors include economic growth‚ interest rates‚ exchange
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Political Politics highlight the role of nation governments‚ as the large global company‚ the firm has to deal with national political systems differently. The difficulties to negotiate with government conditions including tax systems‚ regulations and restriction which the firm has to adjust the service conditions and product requirements to get into the nation markets. These will be the huge impact which the firm has to be considered properly in order to work well with the governments and reach
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