International Journal of Business and Management; Vol. 7‚ No. 24; 2012 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Developing a Multi-Criteria Decision Making Model for PESTEL Analysis İhsan Yüksel1 1 Department of Business Management ‚ Kırıkkale University‚ Kırıkkale‚ Turkey Correspondence: İhsan Yüksel‚ Department of Business Management‚ Kırıkkale University‚ 7140 Kırıkkale‚ Turkey. Tel: 90-318-3573860. E-mail: yuksel@kku.edu.tr Received:
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shifted from hard physical labor to more service and office work‚ (new habits)‚ there wasn’t the same need for a large‚ heavy breakfast. Kellogg invented the flaked cereal. There were two Kellogg brothers‚ one a medical doctor (John Harvey Kellogg) and the other a business man (Will Keith Kellogg). This episode of Biography looks at the lives and careers of both Kellogg brothers and the history of Kellogg’s Corn Flakes. Discussion questions: • What was interesting? What was surprising? • J.H. Kellogg’s
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Kellogg Company Case Study Strengths - A Leading maker of grain-based breakfast cereals for over a hundred years - 43% market share for “Ready to eat” cereals market share in the US - A leader producer also of convenience foods (i.e. cookies‚ toaster pastries‚ ect.) - Products are manufactured in 17 countries and marketed in over 180 countries - First company to use full-color magazine advertising and widespread consumer sampling. - Created consistent icons to represent its brands-
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Setting clear and specific aims and objectives is vital for a business to compete. However‚ a business must also be aware of why it is different to others in the same market. This case study looks at the combination of these elements and shows how Kellogg prepared a successful strategy by setting aims and objectives linked to its unique brand. One of the most powerful tools that organisations use is branding. A brand is a name‚ design‚ symbol or major feature that helps to identify one or more products
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Assume you are evaluating your application from the perspective of a student member of the Kellogg Admissions Committee. Why would you and your peers select you for admission‚ and what impact would you make as a member of the Kellogg community? (600 word limit). Relevancy. Diversity. Leadership and Collaboration. This is what I bring to the Kellogg MBA. I believe I can contribute to my fellow students’ Kellogg experience in multiple ways: As a Supporter of Entrepreneurship: For three years I have
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References: Acemoglu‚ D 2008‚ “Factors affecting world economy in 2012 .” Quarterly Journal of Management‚ Vol. 1 no. 3‚ pp. 055–1089. Campa‚ J. & Goldberg‚ L 2007‚ “China in World Affairs -- U.S. Policy Choices.” American Journal of Psychology‚ Vol. 4‚ pp. 79–99. Grossman‚ G. M & Helpman
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The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors that may affect business strategies‚ and to assess how different environmental factors may influence business performance now and in the future. The PESTEL Framework includes six types of important environmental influences: political‚ economic‚ social‚ technological‚ environmental and legal. These factors should not be seen as independent factors. Factors such as
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political factors Page 4 - Economical and social factors Page 5 - Environmental and technological factors Page 6 - Technological factors (cont) and Legal factors Page 7 - Conclusion Page 8 - References In this report I will analyse how Adidas is influenced by its contemporary business environment. Furthermore‚ I will portray how Adidas if influenced further by several other factors including social‚ economic‚ technological‚political and legal factors throughout the company. Adidas
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Inventory control Kellogg’s have adopted new organizational structure to implement more streamlined inventory practices. The Kellogg company has been using large – scale linear program‚ the Kellogg Planning System (KPS)‚ for more than a decade to guide its operational (weekly)‚ production‚ inventory‚ and distribution decisions for breakfast cereal. In addition‚ KPS helps Kellogg to make tactical decisions on budgeting‚ capacity expansion‚ capacity reassignment and other similar issues. KPS uses optimization
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PESTEL Analysis In this part all factors‚ which influence the company as a whole but are out of their direct control including wider social‚ political and economic factors shall be explained. The analysis of those factors of the macro-environment is therefore often known as PESTEL analysis.3 PESTEL is an acronym for the six key strategic areas of change: Political‚ Economic‚ Social‚ Technological‚ Ecological and Legal and a technique for understanding the various external influences on a business4
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