macro-environmental(external marketing environment) factors that have an impact on an organisation. The result of which is used to identify threats and weaknesses which is used in a SWOT analysis. PESTEL stands for: * P – Political * E – Economic * S – Social * T – Technological * E – Environmental * L – Legal Lets look at each of these macro-environmental factors in turn. All the external environmental factors (PESTEL factors) Political Factors These are all about how and to what degree a government
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Why Be Concerned about Cyber-Security? Introduction Cyber security became ever more crucial for global business and modern society. We are living in a data-centric world in which information technology and associated communications ’ systems as well as networks that provide goods and services permeate every facet of our lives. This creates the safeguard of our digital assets and activities within cyberspace of critical importance‚ whether for individual life experience or a prosperous and sustainable
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temple after visiting Madhi‚ Malavela and Bara Devi temple. The fair begins with... Premium5914 Words24 Pages Bhavanath The case under study is based in a post-independence(near 1960) scenario. The main focus of the government is to boost the economic development throughout the nation. In such situation the government of Bombay Province has come with a plan‚ to build earthen dams on rivers Lokmata and Sadmata‚ in... Premium859 Words4 Pages Bhavnath Case written analysis and communication assignment
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developed countries but the trend is more severe in developing countries. Large construction projects with their features of complexity and capital requirement have resulted interest to many researchers. Roachanakanan (2005) examined the causes and solution of cost escalation in Thailand and United States. He illustrated how the project cost control procedure used in United States can be applied to the construction industry in Thailand‚ so as to improve the procedure used by Thai contractor.
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Although the tabacco industry is one of most successful economic operations‚ tabacco products are associated with the most deaths more than any other product (1). The consumption of tabacco leads to numerous fatal diseases such as lung cancer‚ heart disease‚ stroke‚ chronic respiratory disease‚ and other conditions and approximately 4.2 million Canadians are smokers as of 2015 (4). The consumption of tabacco also has an economic impact of $17 billion dollars in annual social costs including $4.4
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Political and legal factor. This piece of land across the globe‚ turned to Asia and chaired by a woman‚ is indeed an amazing country and it attracted all those who visit‚ contractors included. With steady growth over 15 years‚ this market is synonymous with economic stability‚ political and social. The center-left government‚ in power since the return to democracy in 1989‚ continues to lead the neoliberal policies implemented under the dictatorship (privatization‚ concessioning‚ open borders
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Macro-economic factors: There are a lot of macro environmental factors that affect Telfin performance though emphasize has been given on the important factors. Economic factors like current and anticipated economic growth‚ interest rate‚ inflation‚ cost of labor‚ disposable income and distribution of income etc collectively comprise economic environment. Current and projected economic conditions: In recent years Pakistan’s economic figures were indicating very impressive and promising consequences
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going to describe how political‚ legal and social factors are impacting upon activities in Barclays PLC‚ Diabetes UK and their stakeholders. POLITICAL‚ LEGAL AND SOCIAL FACTORS PLS analysis is very useful for studying the environment in which a company operates and accessing external factors influencing the company in the markets it operates. PLS is the acronym for the following categories of investigation: political‚ legal and sociological factors. BARCLAYS
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Ethic is concerned about the study of human behaviour. It provides a structure for dealing different kinds of issues‚ dilemmas and problems. Understanding the ethical concepts help the individual to decide the necessary action provide in the situation. According to the International Council of Nurses (1973)‚ it is the healthcare workers responsibilities to give quality of care to prevent the infection and to ensure the holistic care of the patient. Hand hygiene practice is the responsibility of
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The Economic environment is a major consideration for any business. According to Kotler et al. (2010)‚ the economic environment is directly related to factors affecting consumer spending and buying patterns. Marketers need customers with buying power in order for any business to succeed. The most affluent group that have the highest income demand the highest quality products and services‚ they’re also willing to pay for it. However‚ due to the world economic slow-down and recession of 2007‚ has
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