PESTEL Analysis PESTEL analysis stands for "Political‚ Economic‚ Social‚ Technological‚ Environmental‚ and Legal analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Political The mobile phone industry used to be a monopoly held by BT; however this was de-regulated in 1984 due to the telecommunications act. The current industry regulator is the telecomm regulator Ofcom. This was created to allow there to
Premium Mobile phone
…. 3 Introduction………………………………………………………………...………….…. 4 PESTEL Analysis…………………………………………………………………….…... 4 POLITICAL………..………………………………………………………….… 4 - 5 ECONOMIC…………………………………………………………………….… 6 SOCIAL…………………………………………………………………………… 7 TECHNOLOGY…..…………………………….………………………………… 7 ENVIRONMENTAL…………………………….………………………………… 8 LEGAL…………………………….………………………………………….…… 8 SWOT Analysis………………………………………………………………...…….…... 9 PORTAL’S FIVE FORCES Analysis……………………………………....……... 10 - 12 Conclusion……………………………………………………………………
Premium Marketing Management Strategic management
Introduction The automotive industry has been highly competitive all over the world. Automakers form their strategies based on the external factors in political‚ economic‚ social‚ technological‚ environmental‚ and legal change within their industry. Using PESTEL analysis will allow managers to watch how changes in each part affect their industry‚ forcing change in order to stay competitive. Performing this analysis periodically will help identify macro changes faster. Political Governments around
Premium Renault Automobile Electric vehicle
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
Premium Management Risk Decision making
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
Premium Human resource management PEST analysis Management
Political Toyota had a lot of help from japan government‚ including tax breaks. on the flip side‚ Toyota is expected to ’sell’ Indiana and its assets to the world. U.S. Sen. Dick Lugar commented on Toyota producing Camrys in Indiana: I applaud Governor Daniels and the Indiana legislature and all who are working together. First of all‚ to provide support for the governor and public officials to go to Japan and to other countries to tell about Indiana. Economic The opening of this
Premium Investment Non-profit organization Economy
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
Premium Bank Economics Central bank
the whole body of literary productions or writings upon a given subject‚ or in reference to a particular science or branch of knowledge‚ or of a given country or period. (Anon n.d.) The litarature is about the knowledge of certain perspective (industry) or organisation you focus on no matter you are working in it. Especially in a project of MBA programe‚ which might be out of your working environment‚ the academic knowledge is essential. MBS RSM Study Guide (n.d.) argues that literature should
Premium Scientific method Research
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
Free Developing country Developed country United Kingdom
2013 Why Tobacco Is Bad Cigarettes‚ cigars‚ and pipe tobacco are made from dried tobacco leaves‚ as well as ingredients added for flavor and to make smoking more pleasant. The smoke from these products is a complex mixture of chemicals produced by the burning of tobacco and its additives. The smoke is made up of more than 7‚000 chemicals‚ including over 60 known to cause cancer (carcinogens). Some of these substances cause heart and lung diseases too‚ and all of them can be deadly. Tobacco smoke also
Free Tobacco Tobacco smoking Nicotine