PEST ANALYSIS A PEST (Political‚ Economic‚ Social and Technological) analysis is a major part of the environmental scanning section of strategic management and it is used by companies during market research and strategic analysis. Using a PEST analysis helps a business to understand various macro environmental factors that they need to take into consideration when determining the decline or growth of a particular market. What does
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Bata Manufacturing in China 8 1. Human Resources 8 2. Modern Economic Strategy 9 3. Existing Customer Interest 9 4. New Customers Sources 9 5. Market Size 10 6. Operational Costs 10 A. Labor 10 B. Raw Materials and Supplies 10 C. Equipment 10 PEST Analysis 11 Political Environment 11 Economic Environment 13 Social Environment 15 Technology Environment 17 Conclusion 20 Reference 21 Bata The name Bata became known in then Malaya when the first store opened in the Capitol Building‚ Singapore in 1930
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Summary 1 2) Company Description 2 Promoters‚ shareholders and Board 2 Advisors 2 Products and services 2 Long Term Aim of Business 2 Objectives 2 S.W.O.T. Analysis 2 3) Market Analysis 3 Target market 3 Total market valuation 3 Targeted share 3 Market trends 3 Profile of competitors 3 Competitive advantage 4 Benefits to clients 4
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Rivalry Unlike what one would expect‚ KFC has little rivalry with similar fast-food chains in China. The primary reason is that their core products are different‚ as in they sell different kinds of fast-foods with very different tastes and styles. For example‚ if KFC raised its price for chicken by a small amount‚ Chinese chicken lovers who may not be as accepting to pizzas (many Chinese people strongly dislike the taste of cheese) are not going to switch to Pizza Hut just because the price
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1. Rivalry among existing firms: The rivalry among existing competitors in the automotive industry is very aggressive. Note that since the arrival of the Chinese participant Huawei‚ eventhough it still has no presence in the automotive industry‚ they already have services that will be integrated this year as both telecommunications and internet GPS for cars‚ these features were already accepted and endorsed by recognized auto manufacturers. All this has made the competition become more intense
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Task 1-Analysis of the Macro-environment Identify all the issues you can think of that might impact upon Hotel Chocolat and write them down in the relevant boxes. PESTEL Analysis | Political | * They are providing direct funding and management skills in the Osuben Basin region to launch and maintain sustainable projects to improve the lives of cocoa farmers | Economical | * 5% discount on all products for member of the tasting club * Hotel Chocolat guarantee that they will buy all
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Political Maersk ’disappointed’ with China’s rejection of an industry alliance 19 June 2014 Last updated at 02:14 BST Plans for a new international shipping alliance to cut costs have been rejected by China. Already approved by the US and the EU‚ the so-called "P3 Network" was meant to operate in a similar way to code-sharing deals between airlines. It would have allowed the world’s top three container-shipping operators to share vessels and port facilities‚ with plans for about 250 ships to
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provided solutions in areas of focus such as “connected car‚” and just to graze the tip of the iceberg for business solutions. There are numerous connections such as network fleet‚ and innumerable teams in which their primary goal is to complete risk analysis on a business and report potential solutions that Verizon Wireless or a strong affiliate can aid with. For an example‚ once there was a business customer who paid an employee $45‚000 yearly
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Our Mission Our Roadmap starts with our mission‚ which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions. * To refresh the world... * To inspire moments of optimism and happiness... * To create value and make a difference. Focus on the Market * Focus on needs of our consumers‚ customers and franchise partners * Get out into the market and listen‚ observe and learn * Possess a world view * Focus
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50% last year and is now valued at Rs 9.2 crore. The following information is required before to launch the product 1. First we have to understand how much the market size both value wise and volume wise‚ we have to do BCG MATRIX‚ PEST analysis 2. Who are the key players ‚ their market share and their marketing stratagies‚ Market mix (4ps: PRODUCT‚ PRICE‚ PLACE & PROMOTION) MARKET RESEARCH TO COLLECT THE INFORMATION
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