PEST Analysis Understanding "Big Picture" Forces of Change (Also known as PESTLE‚ PESTEL‚ PESTLIED‚ STEEPLE and SLEPT Analysis) PEST Analysis is a simple‚ useful and widely-used tool that helps you understand the "big picture" of your Political‚ Economic‚ Socio-Cultural and Technological environment. As such‚ it is used by business leaders worldwide to build their vision of the future. It is important for these reasons: • First‚ by making effective use of PEST Analysis‚ you ensure that what
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External Analysis 1. PESTLE Factors Political and Legal· Government has high work efficiency‚ justice and transparency.· Company or individual have low tax rate easy to calculate.· Government supports the development of industry and commerce. | Economic·Hong Kong is the world’s 11th trading powers and 2nd stock market in Asia.·One of the most free trade port and open investment policy. It is the only one RMB offshore market.·Over-estimation of the number of visitors.·Loss $46 million in the
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PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
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1. PORTER’S FIVE FORCES ANALYSIS FOR THE TELECOM INDUSTRY IN INDIA Prepared By Akash Agamya Great Lakes Institute of Management • (2. Introduction India has a total of 960.9 Million telecom subscribers‚ comprising of 929.37 mobile subscribers & (31.53 wire-line subscribers. The Indian teledensity now stands at 79.28%. Rank in world in network size 3rd Teledensity (per hundred populations) 79.28 Telephone connections (In Million) Fixed 929.37 Mobile 31.53 Total 960.9 • 3. Introduction Group
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CELLULAR INDUSTRY ANALYSIS PORTER MODEL Wireless Cellular Service Industry-Porters Model PORTERS MODEL: Industry Competitors * Number of competitors * Industry Growth * Asset Intensity * Product Differentiation * Exit Barriers Buyers * Buyer Concentration * Number of suppliers * Switching Costs * Substitute Products * Threat of backward integration Suppliers * Supplier concentration * Number of buyers * Switching costs * Substitute
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that continues to traverse the competitive and challenging pharmaceutical industry. This report gives insight on the analysis of the strategies used by GlaxoSmithKline (vaccines and medicine business unit) to be able to sustain its performance in the pharmaceutical industry. This report applies PESTLE model‚ Porter’s five-force model‚ and Value chain analysis as well as the SWOT analysis tools environment facing the company. The reports assess performance of GSK Company amid the economic downturns. Based
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1. SWOT analysis of 2 companies. A. SWOT analysis of AIRTEL : SWOT analysis of VODAFONE : Strength 1.One of the most popular cellular service provider in India 2.One of the largest Telecom operator in the world 3.Only Indian operator‚ with VSNL‚ that has an international submarine cable 4.High brand visibility 5.Strong advertising with ZooZoo concept 6.Tieup with international sports like FormulaOne Weakness 1.Price competition from BSNL and MTNL 2.Untapped Rural
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PEST ANALYSIS PESTLE stands for “Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental” and is used for business and strategic planning‚ marketing planning‚ organizational change‚ business and product development and research reports. By understanding these external environments‚ organizations can maximize the opportunities and minimize the threats to the organization. PEST Analysis Fast Foods The various Political‚ Economic‚ Social and Technical factors that a firm needs to
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this report is to illustrate the present situation of Skoda company in China car market and the world car market. By using SWOT analysis‚ describing Skoda had done a successful work in China. Evaluate the suitability of China as a foreign market for Skoda and it ’s product cars and Skoda may stay in China for more development. This will be assessed in the PESTEL analysis. Introduction Two young men‚ Vaclav Laurin and Vaclav Klement‚ started to designed and produced bicycle in Czechoslovakia
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SLEPT analysis is a strategic management tool that is used by the organisations to analyse its environment in order to be able to understand its customers’ requirements and respond to other changes. It’s PESTLE analysis with one dimension missing. SLEPT stands for Social‚ Legal‚ Economic‚ Political and Technological factors. Now I am discussing these factors. SOCIAL FACTORS: Social factors relate to the habits of the consumer‚ as well as the status of the general public. For example‚ the average
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