ON PESTLE TOOL [pic] BY SACHIN BABAN SHINDE COURSE- MBA (Hospitality Management) STUDENT DATA NUMBER-713520 Tutor – Don Burton ➢ What is the PESTLE tool? PESTLE stands for Political Economic‚ Social‚ Technological‚ Legal and Environmental factors. PESTLE is to find out the businesses current position of any organisation in their external environment. PESTLE can be used as a basis for further planning and strategic management. Kotler (1998) “claims that PEST analysis is a
Premium Minimum wage Economics Hotel
COUNTRY ANALYSIS REPORT United Kingdom In-depth PESTLE Insights Publication Date: May 2010 OVERVIEW Catalyst This profile analyzes the political‚ economic‚ social‚ technological‚ legal and environmental structure in the United Kingdom. Each of the PESTLE factors is explored on four parameters: current strengths‚ current challenges‚ future prospects and future risks. Summary Key findings Strong democratic system‚ but the threat from terrorism continues to be high The UK adheres to a
Premium European Union Gross domestic product Economic growth
Coursework: Economic & Political Environment of International Business Is the End of the German Beer Industry Near? 1. Discuss how the changing technological environment present international threats and opportunities to the German beer industry. To discuss how changing technological environment presents international threats and opportunities for the German beer industry‚ the term of changing technological environment has to be explained. The literature distinguishes between a micro
Premium Beer Brewing
PESTLE Analysis of China Political: China set to focus on supporting domestic brands and creating more appeal for domestic brands‚ this will mean naturally less support for exports and overseas brands Single child policy means that consumers aged between 18 and 30 are likely to have savings from past generations passed down to them Economical: China has had the highest average yearly economic growth rate between 1980 and 2004 of 9.8% In 2011 unit prices increased as a result of
Premium Investment Macroeconomics Economic growth
3 13. Harvard Reference Abstract: BP is a British global energy company and is the 4th largest company in the world. This report is in relation to BP’s profitability‚ product development‚ market power and placement. The report uses PESTLE analysis to investigate these areas providing an insight to the successes and failures of BP during recent years. It covers the failures of Russia which has been a failure in terms of past successes with western governments. The report also covers BP’s
Premium Management Balance sheet Marketing
and regional communities meaning that they are important to improving the community and they are also important to the community as a whole because they contribute to the country’s GDP. In the UK‚ communities may have the concern that Primark is not acting ethically within their area‚ many people in the UK are concerned with Ethical trading and will not shop in certain places if they feel like the company is not acting ethically. By having a Primark store in a town this will enable more jobs to come
Premium Business ethics World energy resources and consumption Ethics
1. Why has the United States brewing industry become more concentrated over the last two decades? Over the last two decades‚ the beer industry in United States has changed as following reasons; - The consumption of beer in the United States has been continuously declining due to the growing consumption of substitute products‚ particularly wine and spirits. In order to keep the business in the market‚ each company needs to take away some market share from their rivals. As a result‚ the small business
Premium Brewing Beer Brand
Introduction 3 PESTLE Analysis on Singapore’s Banking Industry 3 Technological 3 Political 3 Social 4 Economic 5 Legal 5 Environmental 5 Discussion and Evaluation 6 Bibliography 7 Introduction Singapore is a small country in South East Asia with no natural resources and limited population. However‚ the banking industry of Singapore is one of the leading players globally. This report aims to find out what are the factors that can make the banking industry thrive. A PESTLE analysis would be provided
Premium Bank Economics
[Type the document title] PESTEL analysis Political The political instability‚ continuing threats of terrorism and poor power supply systems have adversely impacted the overall business conditions in the country. The country has been drifting in and out of political instability this has adversely affected the key macroeconomic fundamentals of Pakistan. However‚ government of Pakistan launched a stimulus plan for the textile industry 2008 and Textile Policy in 2009 with provisions to:
Premium Sewage treatment
1. What does the Chevy Volt case tell you about the nature of strategic decision making at a large complex organization like GM? From the Chevy Volt case‚ it showed that decision making in a large complex organization isn’t easy. There’re many processes and accessories. Making decision in a huge organization could not be done by Top managements or some departments. They have to discuss in a meeting and ask for the comments from all accessories. So they need the same mind set and objectives for
Premium Chevrolet Volt Electric vehicle Plug-in hybrid