PEST ANALYSIS The PEST analysis is a useful tool for understanding market growth or decline‚ and as such the position‚ potential and direction for a business. PEST is an acronym for Political‚ Economic‚ Social and Technological factors‚ which are used to assess the market for a business. Basically it is a scan of macro-external environment‚ in which a business wants to operate. Political Factors include: • Tax policy • Employment laws • Trade restriction and Tariffs
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PEST Analysis for a Company in the Tourism Industry The Tourism industry is one of the fastest growing industries in the world. The World Travel and Tourism Council estimates that in 2004 Travel and tourism is expected to generate * US$ 5‚490.4 billion of economic activity * 10.4% of total GDP * 214‚697‚000 jobs or 8.1% of total employment * 12.2% of total exports [1] My task is to conduct a PEST analysis for a company within the Tourism industry. Within the tourism industry‚ I have
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Electricity and electromagnetism: Webquest BBC Electricity and Magnetism http://www.bbc.co.uk/schools/ks3bitesize/science/energy_electricity_forces/magnets_electric_effects/activity.shtml Questions: 1. Why is an iron core needed in an electromagnet? 2. How are electromagnets different to either temporary or permanent magnets? 3. What happens when you add more coils to the wire in an electromagnet? What else can you do to increase the magnetic field of an electromagnet? Electromagnet Simulation
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POLITICAL ANALYSIS TAXATION As of 1 January 2001‚ South Africa’s territorial system of taxation (or source-based system) was replaced with one based on worldwide incomes for resident companies‚ including resident branches of foreign companies. In order to preserve some of South Africa’s appeal as an "off-shore" location for international headquarters‚ a separate regime for non-resident International Holding Companies (IHCs) is maintained which allows for income from foreign subsidiaries
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Political: In the next few years‚ China is saying that they are going to be investing billions of dollars into Hybrid technology. Honda is a automobile company who is well known for developing ad researching hybrid technology. They have been on the forefront of this new technology and for this reason they will be a top choice for this new hybrid technology. They will need to show the Chinese government that their technology is worth investing in. If they manage to do this‚ they will be bale to
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PEST Analysis The PEST analysis is used in this report to evaluate the political‚ economic‚ social and technological aspects of the macroeconomic environment in the targeted market‚ Russia. This study helps to frame the basis for the decision-making about a possible market entry. Thus‚ it is of vital importance to scrutinize the macroeconomic environment as part of the market research. Political and Legal Aspects According to the Russian 1993 Constitution‚ Russia is a democratic federative state
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Title : How to reduce use of Electricity Introduction Electricity is a secondary source of energy. Primary sources of energy are oil‚ coal‚ uranium or the forces of nature. Energy is a source of usable power‚ needed for food production‚ transportation‚ heating‚ cooling‚ and lighting. The largest sources of energy in the world are oil (34%)‚ coal (26.5%)‚ and gas (20.9%)1‚ adding up to over 80% of global energy. These types of fuels are called fossil fuels because they are found in fossil
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Electricity is important in our everyday lives. It is essential for almost everything in our modern world. The knowledge learned in the past about electricity enabled such things as engines‚ telephones‚ radios‚ computers‚ and much‚ much more. As early as 600 B.C.‚ the Greeks were already studying electricity. They noticed that if you rubbed a piece of amber with fur‚ it had a charge with the ability to attract small objects. Many years later‚ in the 16th Century‚ William Gilbert discovered many
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Hydro Turbine Design in a VR Environment E. Goede 1) ‚ A. Kaps 1)‚ A. Ruprecht 1)‚ U. Woessner2) 1) 2) Institute for Fluid Mechanics and Hydraulic Machinery (IHS)‚ University of Stuttgart Computing Center (RUS)‚ University of Stuttgart Introduction Usually hydraulic turbines have to be designed individually according to the local operating conditions of power station such as discharge‚ head and given geometrical situations. This requires a tailor-made design mainly for the turbine runners
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Table of Contents Introduction to Fast Food Industry in Bahawalpur 1 PEST ANALYSIS 1 POLITICAL 1 ECONOMICS2 SOCIAL / CULTURAL 2 TECHNOLOGY 2 SOURCES OF INFORMATION3 Introduction to Fast Food Industry in Bahawalpur Today‚ eating out definitely is part of modern lifestyle‚ or can be said as necessity of modern age. Fast food is mainly targeted to youngster who is providing the fast food Restaurant the most revenue. The high fat foods taste good to these youngsters‚ which in turn
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