PEST & PESTEL Analysis D EFIN ITIO N “P ES T A N A LY S IS – A N A N A LY S IS O F TH E P O LITIC A L‚ EC O N O M IC ‚ S O C IA L A N D TEC H N O LO G IC A L FA C TO R S IN TH E EX TER N A L EN V IR O N M EN T O F A N O R G A N IZ ATIO N ‚ W H IC H C A N A FFEC T ITS A C TIV ITIES A N D P ER FO R M A N C E.” [1] “P ES TEL M O D EL IN V O LV ES TH E C O LLEC TIO N A N D P O R TR AYA L O F IN FO R M ATIO N A B O U T EX TER N A L FA C TO R S W H IC H H A V E‚ O R M AY H A V E‚ A N IM PA C T O N B U
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The year 2012 witnessed a sharp slow down in the economic growth. This was mainly blamed on the debt crisis that the European countries had. At the beginning of the year 2012‚ the world was expecting the debts to continue spreading across the European countries (Grossman & Helpman. 2002). However‚ it is believed that the European debt can only be resolved completely if the sovereigns agree politically. Some countries have already shown their commitments in resolving the crisis. A good example is
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The purpose of this report is to identify a firm which you are familiar with and apply the PESTEL framework to events in its business environment. Pestel analysis is a simple‚ but very important and widely used tool to help you understand the general political‚ economic‚ socio- cultural‚ technological‚ environmental and legal environment sphere in which you are operating. This report will be about The Pestel Analysis of the Vodafone. Vodafone is a British telecommunications network company and has
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BPO Industry in India – A Report Posted on January 10‚ 2013 Written by Webmaster Leave a Comment India is one of the most favored destinations for BPO services because of the quality rendered among other factors. The BPO industry is the fastest growing segment of the ITES sector in the country. There are a few factors like economic advantage‚ economy of scale‚ superior competency which makes the BPO industry more viable when compared to other outsourcing countries. The BPO sector which took root
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PESTEL Political & legal factors: Tobacco products are the most taxed goods in the world. Their taxes often exceed half of the retail price generating huge overcome for governments. Philip Morris sells its products in over 160 countries‚ operates in approximately 90 markets including Argentina‚ Algeria‚ Australia‚ Austria‚ Belgium‚ Canada‚ Colombia‚ the Czech Republic‚ Finland‚ France‚ Germany‚ Greece‚ Hungary‚ Indonesia‚ Italy‚ Japan‚ Kazakhstan‚ Mexico‚ the Netherlands‚ the Philippines‚ Poland
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BPO – BANE OR BOON? Several MNCS are increasingly unbundling or vertical disintegrating their activities. Put in simple language‚ they have begun outsourcing (also called business process outsourcing) activities formerly performed in-house and concentrating their energies on a few functions. Outsourcing involves withdrawing from certain stages/ activities and relaying on outside vendors to supply the needed products‚ support services‚ or functional activities. Take infosys‚ its 250 engineers
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1. How has the global economic downturn‚ discussed in the opening profile and throughout this chapter‚ impacted jobs outsourcing in the BPO industry? Since the mid-1990s Business process outsourcing (BPO) firms have been one of the largest job creators in India. Key factors why India became so popular concerning outsourcing are the educated‚ young and english speaking population‚ high-end telecom‚ a good infrastructure‚ strong quality orientation within the industry and India‘s location on the
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PESTEL analysis Motivation of method It is of great importance to make an analysis of the environment in which an organisation operates in order to develop and implement a suitable‚ successful strategy for the company. According to Johnson‚ Scholes and Whittington (2008) the business environment of a company is an important issue determining its survival and success. There are several layers of this business environment – the macro environment‚ the industry or sector layer‚ the layer with competitors
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gave a new scope of business and many independent companies are emerging and offering its specialized services to firms who are outsourcing their jobs. BPO IN INDIA Nasscom-McKinsey report advocated the “India offshore model”‚ which very much signifies the role India is playing in this business. Indian business process outsourcing (BPO) and call centre companies- or –ITES – are coming of age. Even as a debate rages in the US on the pros and cons of outsourcing‚ a “new supply chain of expertise”
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environmental‚ technological‚ economical‚ social‚ political‚ cultural‚ demographical‚ regulatory‚ general competitive and legal. There are many different models for an external analyses one of them called PESTEL model it involved political‚ economical‚ social‚ environmental and legal factors. The PESTEL model illustrates is most important factors‚ which are relevant for a Media company like TMF. TMF is based in the Netherlands due to the analysis is mainly about the external factors in the Netherlands
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