ASSIGNMENT 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
Premium Minimum wage Economics Hotel
efficient‚ accurate and reliable * ------------------------------------------------- It helps to Reduce labor cost‚ Floor space saving‚ Time savings‚ Accurate tracking of stores Nestle Nestle company was found by Mr Henri Nestle in the year 1867. Its current headquarter are located at Vevey‚ Switzerland. Nestle is a World’s leading nutrition ‚ health and wellness Company producing some of the best brands such as KIT KAT‚ Nescafe‚ etc. Strategy 1: Lean Production * Focus on minimizing
Premium Supply chain management Warehouse Industry
PESTLE A PESTLE analysis is a framework used to evaluate an organisations external macro-environment. 1When used‚ a business will analyse the multiple factors that are out of their control. By doing this a business can be aware and prepared for future changes. Political factors take into account the political situation of a country. Regulations put in place by governments will determine how a business has to operate‚ so a business will have to consider trade and labour laws‚ tax policies‚ environmental
Premium Management Strategic management PEST analysis
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
Premium Money Business Sport
INTRODUCTION (Shirley Daniels) says that the management of customer value is an advanced version of the measurement of customer satisfaction (2000). However‚ Godiva takes some simple steps to create customer value. PERCEIVED BENEFITS Product Benefits (Day 1990; Peter & Olson 1990) “From the consumer’s point of view‚ the products are seen as a range of benefits‚ not traits. However‚ Godiva have managed to gain great success by refreshing it’s brand and introducing new range every now and
Premium Brand Marketing Chocolate
carcinogen. It is also conducted to test which stain remover could off set a stain well. Methodology: Materials used: Mortar and pestle Pearl or true oyster shell Chlorine Detergent powder Containers Fabrics (plain white or printed) Black ink Chalk Procedure: 1. Pound the Oyster shell using mortar and pestle until it became a powder-like substance. Put it in a container and set it aside. 2. Pound also the chalk into a powder-like substance like the oyster
Free
Sample Marketing Plan Template by Entrepreneur Media SA (Pty Ltd) For marketing advice‚ visit: http://www.entrepreneurmag.co.za/category/advice/marketing/ Sample marketing plan template Table of Contents 1) Executive summary Page # 2) Situation analysis Page # Page #
Premium Marketing management Marketing Management
1. COMPANY’S BACKGROUND Standard Chartered Bank was formed in 1969 through the merger of two separate banks‚ the Standard Bank of British South Africa and the Chartered Bank of India‚ Australia and China. The Chartered Bank The Chartered Bank was founded by James Wilson following the grant of a Royal Charter by Queen Victoria in 1853. The bank opened in Mumbai (Bombay)‚ Kolkata and Shanghai in 1858‚ followed by Hong Kong and Singapore in 1859. The traditional trade was in cotton from Mumbai
Premium Transaction processing Management information system Customer service
serve as a conveyor of this global phenomenon and one such company is Nestle‚ which is the subject of this report. Initially‚ the globalisation phenomenon and its dominant factors will be described. Subsequently‚ the Nestle multinational corporation will be introduced. The report will then delve into the means by which globalisation has developed in recent history and how this influenced Nestle. It will also discuss how Nestle has responded to these influences and how it has come to be the global
Premium Globalization Multinational corporation International trade
Banana (Musa acuminata) Peel and Gumamela (Hibiscus rosa-sinensis) Petals as Shoe Polish Researchers Mrs. Gladys P. Fajardo Project Adviser TABLE OF CONTENTS Page ACKNOWLEDGEMENT 1 ABSTRACT 2 INTRODUCTION 3 A. Background of the Study 3 B. Statement of the Problem 3 C. Scope and Delimitation 3 D. Significance of the Study 4 REVIEW OF RELATED
Premium Hibiscus