cruise industry through a PESTLE analysis‚ which analyses the political‚ economical‚ social‚ technological‚ legal and environmental external factors that influence this particular industry. Business is considered an economic system in which goods and services are exchanged for money‚ on the basis of their perceived worth. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis. The tourism industry consists
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and Alvidrez 342) illustrates how major players in the industry have used strategic resources to mitigate the threats to their businesses. Reynolds American Incorporated (RAI) is one such leader in the tobacco industry‚ manufacturing tobacco-related products such as cigarettes‚ smokeless tobacco‚ and cigars since 1875. RAI‚ along with others in the tobacco industry‚ face many challenges most of which are environmental threats to the industry. The major environmental factors that challenge the RAI
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PESTEL ANALYSIS Political * The public spending on infrastructure is expected to decrease in many developed countries. Major part of this spending will be directed to the civil infrastructure due to the increasing concerns about sustainability. Investments in power station replacements‚ wind farms‚ waste management assets and other green initiatives will increase (The Economist 2010; Balfour Beatty‚ 2012). * Since governments in the emerging countries‚ especially in India‚ China and Brazil
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1.1 Using the PESTEL framework‚ identify and discuss the key factors in the macro environment that influence the tourism industry. Political: A large influence on the tourism industry can be the stability of government. If the government in unstable it can be viewed as dangerous and unpleasant to visit. This can have a huge impact on that countries tourism numbers. Some governments also choose to make shopping tax-free for tourists‚ as tourists have the right to claim back VAT (Value-Added Tax)/GST
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jurisdictions‚ anyone who is convicted of injuring or killing someone while under the influence of alcohol or drugs can be heavily fined‚ as in France‚ in addition to being given a lengthy prison sentence. Sometimes those campaigns make the brewery industry looking very bad since usually the blame is laid exclusively on them for making alcohol so easily available. Threat‚ with the government heavily expending money in such campaigns the consumption of alcohol tends to decrease with people scare of
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Power Industry Global Scenario 2012 National Perspective 2012 Macro Environment SWOT analysis PEST Analysis Inter Industry Study Intra Industry Study Study of Firms within the Industry Study of the Structure of the Industry Industry / Firm’s Health Innovation in the Industry Michael Porter’s Model Seven P’s for Marketing Seven R’s of Market Research Gap Model in Services Mckinsey 7’s Framework Any other Relevant Model Logistics and Supply Chain Management Strategic Management Issues
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Compiling and Using a “PESTLE” Analysis 1.1 A PESTLE analysis is a tool that acts as a prompt to the staff and governors involved in the analysis of the developments in the school’s environment that could affect its risk profile. It may help them carry out a more comprehensive analysis. The initials stand for: Political e.g. a new government initiative creates the risk that the school may fail to deliver the policy or be diverted away from local priorities etc. Economic e.g. central or local
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3. PESTLE analysis of “MICE” Industry in Singapore Singapore was known for its pro business environment and safety social environment‚ that caused Singapore became one of the most popular country for investment and hold a business conference or corporate event. The contents below will use “PESTLE” analysis tool to analyze Political‚ Economic‚ Social‚ Technology‚ Legal and Environment factors of Singapore “MICE” industry. Political – Compare with other countries in the world‚ Singapore have a high
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TOBACCO INDUSTRY OF PAKISTAN TABLE OF CONTENTS Executive summary Chapter 1: Economy of Pakistan Chapter 2: Porter’s Diamond Model Chapter 3: Secondary Research Chapter 4: Empirical Work Conclusion EXECUTIVE SUMMARY In this report we have tried to cover the tobacco industry of Pakistan as a whole. It begins with an overview of the economy of Pakistan and how different policies and initiatives taken by different governments have shaped the country’s economy today
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PESTLE Analysis Strategy Skills Team FME www.free-management-ebooks.com ISBN 978-1-62620-998-5 Copyright Notice © www.free-management-ebooks.com 2013. All Rights Reserved ISBN 978-1-62620-998-5 The material contained within this electronic publication is protected under International and Federal Copyright Laws and treaties‚ and as such any unauthorized reprint or use of this material is strictly prohibited. You may not copy‚ forward‚ or transfer this publication or any part of it
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