the external environment (part 1) What’s going on out there now and in the future? Environmental influences in the broadest sense Macro/general environment: PESTEL Environmental influences related to the dynamics of the industry under question Competitive environment: Porter’s Five Forces (Porter‚ 1980) Example PESTEL The automobile industry Political – Climate change agenda – Fuel prices – Expansion of EU Economic – – – – Changes in disposable income Exchange rates
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and Technological forces. These are known as PEST factors. 1 2 PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between:
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Besides that‚ PESTEL analysis will also be taken into account not only as a remarkable tool to analyze business environment but also as a supportive technique to utilize SWOT analysis. Moreover‚ this essay will shortly touch upon the Tows matrix as a sophisticated upgrade
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World Academy of Science‚ Engineering and Technology 72 2010 Preparation and Some Mechanical Properties of Composite Materials Made from Sawdust‚ Cassava Starch and Natural Rubber Latex Apusraporn Prompunjai*‚ Waranyou Sridach The performance and stability of sawdust-reinforced composite materials depends on the development of coherent interfacial bonding between sawdust and matrix. The general components of sawdust are cellulose‚ hemicellulose‚ lignin‚ pectin‚ waxes‚ and water-soluble substances
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Using PESTEL Analysis in Strategic Planning For Non-Profits PESTEL is a method of analysing the impact a variety of factors may have on potential profitability of an organisation or industry. A macro environmental analysis technique‚ PESTEL analyses the impact that political‚ economic‚ socio-cultural‚ technological‚ environmental and legal factors may have on an industry’s profitability potential (Johnson‚ Scholes & Whittington‚ 2005). Within each major PESTEL heading‚ there are a variety of sub-factors
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Service Sector of Indian Economy contributes to around 55 percent of India’s GDP during 2006-07. This sector plays a leading role in the economy of India‚ and contributes to around 68.6 percent of the overall average growth in GDP between 2002-03 and 2006-07. There has been a 9.4 percent growth in the Indian economy during 2006-07 as against a rise of 9 percent in the same during 2006-06. During this growth in Indian economy‚ the service sector witnessed a rise of 11 percent in the year 2006-07
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Executive Masters Program in Business Administration (E-MBA) (Semester II) Note :- Solve any 4 Case Study All Case Carry equal Marks. CASE STUDY ATTEMPTED II‚ IV‚ VI‚ VII CASE II ARROW AND THE APPAREL INDUSTRY Ten years ago‚ Arvind Clothing Ltd.‚ a subsidery of Arvind Brands Ltd.‚ a member of the Ahmedabad based Lalbhai Group
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MM05 Marketing of Services Assignment No.I Assignment Code: 2011MM05B1 Last Date of Submission: 30th Sept 2011 Maximum Marks:100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A Ques. 1 List five ways in which investment in hiring and selection‚ training and ongoing motivation of employees will pay dividends in customer satisfaction for (a) a restaurant (b) a hospital (c) a consulting firm Ques. 2 Identify firms from three
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Proposed KPO (Financial Services) Strategy for Large Indian Outsourcing Firms Thara K.1 ‚ Krishnankutty K.V.2 Department of Business Administration‚ College of Engineering‚ Trivandrum - 695 016 1- MBA student‚ 2-Proffessor Abstract – At a time when BPO (Business Process Outsourcing) is becoming old news‚ Knowledge Process Outsourcing or KPO is now the shiny new business tool in the box. The reward of successfully implemented KPO is truly enormous. India‚ the global KPO “hotspot” and is expected to
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Outsourcing is a method by which companies try and overcome or at the very least mitigate some of the detrimental effects of these challenges. The BPO industry has specific expertise to address a lot of these issues as they were some of the very first issues that they had to overcome as they came into their own. Take for example‚ process orientation of BPO companies. This merits a special mention as their genesis depended on developing the ability to break down any activity into discrete tasks and
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