PESTEL FACTORS PESTEL analysis stands for "Political‚ Economic‚ Social‚ and Technological‚ Environmental and Legal analysis". It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macro-environmental factors that the company has to take into consideration. Political factors or how and to what degree a government intervenes in the economy. Specifically‚ political factors include areas such as tax policy
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The rise of the global leisure/cultural industries Introduction The term ‘globalization’ is widely used to describe a variety of economic‚ cultural‚ social‚ and political changes that have changed the world over the past 50 years (Guttal‚ 2010). Globalization can be conceived as time-space compression‚ accelerating interconnectedness‚ and action at a distance (Kim‚ 2005). Globalization thus suggests the expanding scale‚ speeding up and deepening impact of flows and patterns of social interaction
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been one of man’s greatest adversaries Medicine - Latin word “medicus” - it is a HEALING ART - Aims to help people become more active‚ live longer‚ live happier lives with less suffering and disability. - has become a part of the health care industry * AT THE TURN OF THE 20th CENTURY (1900): - men and women were frail at the age of 40. - life expectancy was 47.3 years. * BY THE AND OF THE 20th CENTURY: - Medical Advances - Life expectancy increased to 76 years. * TODAY: - People in their
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technologies‚ increased competition and Yahoo! He had a weak strategic plan to face this. Google had 72% of the Internet traffic during Yahoo! Only owns 17 percent followed by an elderly at 6 percent and a lassie at 4 percent. The emergence of new industry trends. External Issues for Yahoo! Inc. The US economy and around the
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II – Industry Analysis 2.1 Industry Description This industry analysis will aid in researching the industry which is the Snack Food industry. We can also determine how the company will compete in the industry. 2.2 Industry Trends The progressively improved Philippine economy towards 2012 and 2013 was seen to benefit sweet and savoury snacks. Also‚ the higher purchasing power translated into greater purchasing ability even for more expensive sweet and savoury snacks‚ allowing greater room
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Organisations should make sure they deliver clear and consistent messages to all their employees and management should lead by example and make sure they are having one to one meetings with their employees to keep them up to date with company strategies that may affect them specifically. They and should also hold regular team meetings so that the team all get the same message and know how it will affect the team. The teams should also be able to provide feedback on any communications they are involved
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Disney Strengths: •Disney’s collection of brands includes some of the most globally-recognized and durable names: Disney‚ ESPN‚ ABC‚ Pixar‚ Marvel‚ and now‚ Lucasfilms •Disney has proven over and over again that it is able to make profitable and smart investments to boost growth‚ as its Marvel brand has already produced Iron Man‚ Thor‚ Captain America‚ and the Avengers‚ and Pixar consistently produces blockbuster hits •The financial growth of the company remains solid even through financially
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P E S 1. Singapore is country which is democratic. 1. The GDP of Singapore is 297.9 Billion US dollars. Due to increasing GDP of Singapore‚ Gillette might want to expand the shaving and personal care products in Singapore. And also in Singapore there is no competition from domestic companies as the entire GDP of Singapore is based on imports from other countries. 1. Singaporeans are very competitive in nature. Singaporeans have a mindset of “Kia-su” which means afraid of losing out to others. Due
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PESTLE ANALYSING FOR SINGAPORE AIRLINE Student name: Xia Zi Wen Course: Advanced Diploma Module: corporate strategy 1.0 Introduction In this essay‚ I am going to analyse the state of the market and prospects for the Singapore airline industry‚ especially on Singapore Airline‚ by using PESTLE tool. 1.1 Background Singapore Airline’s history can be tracked down to 1st May 1947‚ and more new aircraft were added to Singapore Airline (Malaysia-Singapore Airline) in the 1950s to 1960s
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Industry Analysis of Food Service Industry The foodservice (or food service) industry (US English; catering industry in British English) encompasses those places‚ institutions‚ and companies responsible for any meal prepared outside the home. This industry includes restaurants‚ school and hospital cafeterias‚ catering operations‚ and many other formats. Although the restaurant industry is very competitive‚ the lifestyle changes created by modern living continue to fuel its steady growth. More and
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