Political and legal factors Christian Birke Factors in the political and legal environments appear to represent an important influence on decisions made within companies. It seems as though changes in this environment can directly affect company performance. With ExxonMobil operating in nearly 200 countries worldwide (ExxonMobil‚ 2001) the list of possible political and legal aspects appears to be endless. Importance should be given only to implications that can gravely affect operations. Making
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Technological Factor Technological advancement in all the sectors of the country has changed the entire socio-economic environment. Especially in the textile sector there is a lot of technological development. Technology y Coupled the capability and competency vertical production facility that can convert raw cotton to final finished consumer product always attract attention of customer. The complexities of achieving business success through increased efficiency‚ effectiveness and competitiveness
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Political factor will influence the H&M and the fast fashion industry ‚ for example ‚ the export regulation and also the political stability of the regions that the company operates in. H&M is a Swedish company so the company will comply with the Swedish legislations and in other countries of the subsidiaries company the laws ‚ regulatory bodies and politics are subject to the countries itself. Due to its global position ‚ minimal political risk is exposed to the company but it doesn’t affect much
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environment affect the way a business operates and the choices it makes to improve its performance. PESTEL Analysis for Apple Political factors • It is reported that in 2007 52% of sales were from countries outside America. Bad international relations might influence apple in a negative manner. • Apple produces its products outside America such as in China‚ political conflicts between America and such a country could lead to serious problems for Apple. Despite these difficult confrontations
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travel agencies Global Premium Hotels Ltd (Economy to Mid-Tier Hotels A.K.A Budget Hotels) Threats Faced by Global Premium Hotels Ltd Demographic Segments Sociocultural Political/Legal Technological Economic Porter’s Five Force Model of Industry Competition Threat of New Entrants The threat of new entrants into the hotel industry is generally low‚ due to high barriers to entry. However‚ comparing budget and boutique hotels‚ the threat of new entrants is significantly
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Introduction & Case Study As the biggest country in the world‚ Russia plays an important role in the world. Whether its their culture‚ literature‚ military‚ or economy‚ this country stands apart from the rest. Its features make it unlike any other other part of the world. Russia‚ located in the north of the Eurasia‚ crossing Europe and Asia‚ is the biggest country in the world. Its area is about 17‚102‚300 square kilometers. The population is around 1‚431‚000‚000 and includes 193 various nationalities
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operating officer of Shangri-La Hotels and Resorts‚ was reviewing the progress the Hong Kong-based company had made over the previous 10 years as it grew from a regionally focused business into a rapidly expanding international deluxe hotel group. With 18400 employees‚ 50 hotels‚ and $842 million in revenues‚ Shangri-La Hotels and Resorts (Shangri-La) was a leading player in the luxury hotel industry and was growing rapidly to satisfy increased demand for deluxe hotels and resorts in Asia‚ Europe‚ and
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Five-Star Hotels Abstract Purpose: Employee turnover is a significant challenge for Human Resource Management (HRM) strategies and organisational performance. This study presents findings drawn from an extensive survey of labour turnover in the Australian accommodation sector. A particular focus is placed on turnover rates and costs. Design/methodology/approach: Based on labour turnover literature and an industry panel‚ an online survey was designed and distributed to four- and five-star hotels across
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strategies and labour turnover in the hotel industry: A comparative study of Australia and Singapore Angeline Cheng and Alan Brown Abstract This study explores the perceptions of HR managers on the strategic management of labour tumover in a selection of large hotels in Australia and Singapore‚ The main argument is that the effects of labour tumover can be mitigated with strategically managed human resources through the four key HR activities. The hotel industries in both Singapore and Australia
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Unionism to Hotel Workers Aims and Objectives: The aim of this project is to assess the degree of interest and involvement shown by Trade Unions in the hotel industry. The specific objectives are: • To determine the extent to which Trade Unions recognise hotel workers as a potential source of membership. • To identify the mechanisms by which Trade Unions market their services to potential members. • To identify successful and unsuccessful marketing approaches in relation to hotel workers.
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