Section 1 PEST Analysis Section 1.1 Social Environment Things outside and around business are business environment‚ and social environment is “the aggregate of social and cultural institutions‚ forms‚ patterns‚ and processes that influence the life of an individual or community. (Pathak‚ 2014)” To put it in other words‚ social environment is related to people‚ and it includes demographic and cultural. Social environment has large influence on business‚ and the details are as follow. Firstly‚ using
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are low and economic conditions are correct. This means if the business is expanding‚ more employees are needed to fill in job roles within the business‚ therefore increasing the work rate of the workforce with a larger facilitated area. Social factors- Relate to pattern of behaviour‚ tastes‚ and lifestyles. A major component of this is ethical issues regarding employees‚ their ethnic background also have to be considered‚ demographics
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PEST Analysis of Indian Market for the Apparel Industry 1. Political Factors: The proliferation of international trade and liberalization of the global trade regime has dawned in India with the implementation of several programs by the Government of India (termed as GOI from now onwards in the report) to help the textile and apparel industry adjust to the new trade environment. In 2000‚ the GOI unveiled its National Textile Policy (NTP) 2000‚ aimed at enhancing the competitiveness of the textile
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Lev Vygotsky and the Sociocultural Theory Lev Vygotsky {1896-1934} was a Russian psychologist and a contemporary of Piaget. He believed that children are active and constructive beings‚ but unlike Piaget‚ he thought that children’s cognitive development was a socially facilitated process. He had a theory that children acquire the ways of thinking and behaving that make up a community’s culture through cooperative dialogues with more knowledgeable members {adults‚ teachers‚ peers}—in other words
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Marketing Planning in a Global Environment Group Assignment No: 1 Topic: What is the purpose of a Political‚ Economic‚ Social and Technical (PEST) environmental analysis for companies in relation to their global (marketing) strategy? Present a PEST analysis for ONE of the following four companies: the computer chip manufacturer Intel the train operator Scotrail the food etc. retailer Tesco the book shop retailer John Smiths {draw:frame} Group Members:
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A PEST Analysis Report of HSBC Introduction HSBC holding plc is a global banking and financial services company headquartered in London‚ United Kingdom. The business of HSBC includes personal financial services (retail banking)‚ commercial banking‚ global banking and markets (investment banking)‚ and private banking. HSBC holding was founded in 1991 by the Hongkong and Shanghai Banking Corporation. The bank’s first branches were original opened in Hong Kong and Shanghai in 1865. HSBC lists
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The first section of my case study considered how to observe a child’s cognition and language development through a sociocultural lens. I mentioned that development is a composite of a person‚ a circumstance‚ a place‚ an action‚ and an activity; and when those elements are cohesive‚ an educator can perceive a child’s development holistically. This second part now questions‚ “Who are we teaching?” However‚ there is a twist to that question. Educators are often responsible for making inferences about
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300 181 563 Course Coordinator: Val Lindsay Due Date: Monday 11th April Executive Summary: Pibrex is one of the world’s largest developers of petrochemical polymers for the plastics market. The company has purchased a plant in Russia and after three years of serious operating losses it has appointed a new general manager of the plant. Then plant lacks a strong organisational culture; communications within and between departments are poor; there is inequity between in wages‚ working
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External Factor analysis PEST Analysis of Automobile Industry Political Laws and government regulations have affected this industry since the 1960’s. Almost all of the regulations come from consumers increasing concerns for the environment and the concern for safer automobiles. The first safety act passed by Congress was in 1966 and was called the National Traffic and Motor Vehicle Safety Act. This act forced manufacturers to improve the safety for the passengers‚ the driver visibility‚ and the
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1 Background to Acer Acer is a global force in the IT market. The company’s goal (September 2009) is to become the world’s number one netbook vendor. Acer was founded by Stan Shih and his wife‚ with a group of fi ve others‚ as Multitech in 1976. The company was renamed Acer in 1987. It began with eleven employees and US$25‚000 in capital. Initially‚ it was primarily a distributor of electronic parts and a consultant in the use of microprocessor technologies‚ but over time it began to develop
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