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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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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INTRODUCTION British American Tobacco (Malaysia) Berhad (BAT) has a history of over 90 years in Malaysia‚ which is the No.1 Malaysian cigarette company. It conduct imports‚ and sells cigarettes‚ cigars‚ and pipe tobacco under the names Dunhill‚ Kent‚ and Pall Mall‚ among others. These unrivalled portfolios making them the clear market leader in Malaysia with over 60% market share‚ and ranks amongst the top 25 companies on Bursa Malaysia Securities Berhad in terms of market capitalisation. Some quality
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factors within the PESTLE analysis which are having an impact on Charles Stanley October 2008 1.0 - Introduction to the PESTLE analysis……………………………….........................3 2.0 – Introduction - Charles Stanley 2.1 - Pestle Analysis of Charles Stanley Stockbrokers 3.0 – Detailed Focus - Two Key Factors 3.1 – Impact factors on HR strategy and practise 3.2 – Recommendations 3.3 – Conclusions 4.0 – Conclusion Appendix References Bibliography Concept Completing a PESTLE analysis in order to see
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Application of PESTLE analysis 1. Define the purpose of PESTLE analysis and spell out some of the main constituents of each factor. PESTLE analysis “Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental analysis” is used to evaluate the many factors in the macro environment that will affect the decisions of managers in any organisation. It is normally carried out before a SWOT analysis which is applied for assessing an internal environment of a business (Panah‚ 2012). Government
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PESTLE ANALYSIS Political Gore operates in over 45 countries so has the potential to be affected by a range of different political developments and policies as they apply in the countries concerned. Major events such as war or political upheaval can halt production at Gore’s factories‚ interfere with its supply and trade chains‚ or reduce demand in its markets. Political instability can result in frequent changes in government policy‚ and resulting legislation‚ which can adversely affect Gore’s
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Abstract This paper appraised business external and internal environments‚ with specific reference to the Nigerian business environment. The methodology adopted is basically theoretical and narrative based on aggregative and specific SWOT Matrix and PESTLE Analysis models‚ respectively‚ from previous studies. A review of related literature and exploration of theoretical framework provided more insight into the various factors of the environments of business. The appraisal showed that both external and internal
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be analysed as a complex and open system will be an American 19th-century suspension bridge. It will be observed like a case study following the framework of a specific analysis tool. The structure that is chosen is the Brooklyn Bridge which was completed in 1883 and that took 14 years to be completed. PESTLE Analysis is a useful tool for identifying the relevant external factors which influenced
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following two areas 1. The environmental factors affecting the organization 2. The important factors relevant in the present context and in the years to come. Please see Table 4.1 with the summarized key Macro Environment analysis Table 4.1 General Environment Analysis PESTLE elements | Description of framework elements | Identification of opportunities (O) and threats (T) | Political | * Government stability * Political values and beliefs shaping policies * Regulations towards trade
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