Page 2 Macro Environment Page 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
Premium Environment Tourism Hurricane Katrina
Discuss whether PESTEL analysis is too broad a framework to be of any real benefit to an organisation. Word count: Total: 1103 PESTEL analysis. There are a lot of different factors that might influence to an
Premium Management Strategic management Environment
This is the PLC of Titan Most of us are aware of the phrase ‘Product Life Cycle (PLC)’. For the uninitiated‚ I shall give a very brief description before I begin with the main topic. According to the PLC concept‚ a product’s life is divided into 4 major stages: introduction‚ growth‚ maturity and decline. In the growth stage‚ since the category is relatively new‚ promotion is focused on communicating functional benefits‚ generally to a small consumer segment. In the growth stage‚ when a decent
Premium Watch Sapphire Clock
EXECUTIVE SUMMARY .........………………………………………………………3 1.0 INTRODUCTION 2.1 The History of McDonalds ………………………...…………….……4 2.2 Industry Overview ………………………………………………….....4 2.3 The challenges…………………………………………………...….…5-6 2.0 PESTEL Analysis 3.4 Political ………………………………………………....………...…. 7 3.5 Economical ……………………………………………………….…...7 3.6 Social………………………………………………………….....…….8 3.7 Technological……………………………………………….……..…..8 3.8 Environmental……………………………………………
Premium Food 2012 Fast food restaurant
ability to practice and develop written and oral communication skills. W ith those in mind you will be assessed on: your ability to find and use relevant references and data; the extent to which you use and apply logical‚ insightful and convincing analysis to the topic the structure and effectiveness of arguments deployed and their presentatio n; the correct sourcing of material and the quality of referencing in your bibliography. The University’s general marking scheme sets the parameters for
Premium Critical thinking Evidence
Belgium PESTEL Political Belgium is a politically stable country. The government type of Belgium is parliamentary democracy under a constitutional monarchy. Belgium achieved independence in October 4‚ 1830. The constitution was drafted in 1830‚ approved by congress and was enforced in 1831. In 1993‚ Belgian government consolidated a version of constitution by incorporating all previous versions in 1993. King Albert II is the chief of the state. Head of the government is the Prime minister
Premium Belgium European Union Constitutional monarchy
1. PESTEL: Strategic analysis is basically concerned with the structuring of the relationship between a business and its environment. The external environment which is dynamic and changing holds both opportunities and threats for the organizations. The organizations while attempting at strategic realignments‚ try to capture these opportunities and avoid the emerging threats. So it is very important for organizations like Intel to study and understand about the external environment. To do this
Premium Porter five forces analysis Economics Complementors
Case Study: Tech Ltd Introduction In deciding whether Tech Ltd is a company that we would buy‚ we evaluated the profitability‚ liquidity‚ efficiency‚ financial leverage and market ratios of the company. Profitability The profitability ratios of Tech Ltd tells the story of an improving company with healthy profitability. The gross margin has been fairly steady at a return of around 16% for the past 2 years‚ and the net margin is showing that the business has become more efficient at generating
Premium Financial ratios Financial ratio Generally Accepted Accounting Principles
ENVIRONMENTAL ANALYSIS OF BARCLAYS BANK PLC SUBMITTED BY : 086311-88(CTL ID) TABLEOF CONTENTS PAGE NO. 1. Executive summary 3 2. Introduction 4 3. Analysis 5 4. Recommendation 12 5. Conclusion 13 6. References 14 EXECUTIVE SUMMARY Banks are central to every society; they provide the funding that facilitates business and entrepreneurship‚ support a sound financial system‚ and help to create jobs and wealth. Banks in the UK
Premium Bank
EMI Group plc Annual Report 2003 This report is produced using paper made from 100% recycled content. Such a high percentage is unusual for company reports. The board used for the dividers and the cover is 50% recycled stock and 50% fibre which has not been bleached using chlorine‚ and has been awarded the Nordic Swan eco-label. EMI Group Annual Report 2003 1 2 4 5 9 17 25 31 37 40 41 44 Contents Overview New Formats – New Revenue Streams Financial Summary Chairman’s
Premium Music industry