PESTLE analysis to explain company’s international strategy for I. INTRODUCTION Globalization has made the globe considerably smaller. States lines have turned into practically a divider separating certain regions of a massive unitary community. Businesses are the one that are highly affected by this occurrence. The virtual closeness of states has made trade and commerce an international event. Together with these advances‚ the key standards of business are similarly
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Bottled Water the Unknown Enemy Water bottle sales have been going up exponentially these last few years. According to the International Bottled Water Association (IWBA). People who are buying bottled water are being cheated. Tap water is cheaper‚ more convenient‚ and the change in taste is almost nonexistent. It is the better choice. Water bottles do not have as many perks as tap and is not reliable. The first big selling point about tap is how cheap it is. Consumer Reports News reports
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Bottled Water Proposal In recent times‚ one of the world’s favorite grab and go drinks has come into question whether it is safe enough to drink or not and that is bottled water. “In 2007‚ according to the BMC‚ the total spending on bottled water in the United States reached an estimated $12 billion‚ despite the availability of clean and inexpensive tap water”(Lee‚Warhol). Some people argue that bottled water is not only unsafe for us‚ but also for our environment and it is much more expensive
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“Tap Water or Bottled Water?” Tap water and bottled water are both good and harmful in their own ways but still we consume both everyday. Tap water is an all around better drink because it isn’t as expensive‚ not harmful to the environment‚ and not harmful to the human body. Statistics say that in 2008 they found 38 different contaminants in 10 different brands. Bottled water is also dangerous to our environment. People will not recycle the water bottles and the bottle will end up in our lakes‚
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Products With an expected water shortage by the year 2025‚ Nestle has invested $100 million to build a new water bottling plant in Mecosta. The new bottling plant employs about one hundred people and pays them between $12 to $23 an hour‚ which is significantly more than the local jobs are paying around Mecosta. Despite the “positives” nestle has created with this new bottling plant project‚ not all local residents are happy about it. Nestle has began to pump water from Sanctuary Spring‚ which
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PESTLE Analysis Political Political stability – knowing where you stand as a business with regard to what the government aim to do. This will give you more certainty. A change in government could create uncertainty. The Coalition government are trying to encourage and support small businesses as they see this as a key way to boost the economy Economical Changes in the level of consumer spending. If recession‚ consumers will generally spend less therefore parents might choose not to send the children
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granted. Very few Americans ever worry about the water we drink‚ or the amount of water we use while taking a shower. If you don’t like tap water‚ you can just go buy bottled water at the store. The choice is yours. Depending on your choice‚ you can take a five minute‚ or an hour long shower. There’s even a water temperature control provided for you. Showers are taken in clean‚ sanitized bathrooms. Although taking a shower‚ or drinking from a water bottle don’t sound like such a big deal‚ thousands
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PESTLE ANALYSIS What is PESTLE analysis? PESTLE stands for - Political‚ Economic‚ Sociological‚ Technological‚ Legal‚ Environmental. The term PESTLE has been used regularly in the last 10 years and its true history is difficult to establish. Various other similar acronyms have been used including ETPS‚ STEP‚ PEST‚ and STEEPLE. The term PESTLE is particularly popular on HR and introductory marketing courses in the UK. PESTLE analysis is in effect an audit of an organisation’s environmental influences
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PESTLE ANALYSIS A PESTLE Analysis is one of the most important frameworks of macro-environmental scanning‚ framework which comprises the most important factors used in environmental scanning‚ as part of advanced strategic management. Throughout the last few years‚ the acronym PESTLE has suffered a number of changes‚ but PESTLE seems to be the most commonly spread and almost unanimously accepted “concept”. PESTLE stands for “Political‚ Economic‚ Sociological‚ Technological‚ Legal and Environmental”
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PESTLE Analysis Political ITC faces stiff restrictions from the government on its tobacco business because of the nature of the product. Discriminatory central taxes are levied on the cigarettes. This has been worsened by the rise in VAT notwithstanding the fact that only 5.7% of all adults smoke cigarettes while almost 35% adults consume tobacco. The per- capita consumption of cigarettes in India is among the lowest in the world while tax per 1000 cigarettes as a percentage of per capita GDP
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