HW#1 A Macro-Environmental Analysis of the Wine Industry in Turkey A factor that influence a company’s or product’s development but that is outside of the company’s control is known as macro environment. In this paper‚ all dimensions that affect that wine industry in Turkey are investigated. It is important to observe the wine industry in terms of political‚ economic‚ socio-cultural‚ technological and natural aspects; it is called as PESTEL analysis. This analysis which provides the deeper look
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L3.Strategic Analysis - External Introduction/Recap Strategic Analysis External Analysis PESTEL analysis Industry & Competitive Analysis. Strategic Analysis: Factors Shaping the Choice of Company Strategy Social‚ political‚ regulatory and community factors Competitive conditions and industry attractiveness Company opportunities and threats to company’s well-being External Factors Company’s Strategic Situation Determine relevance of internal and external factors Identify and evaluate
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difficult to get an overall picture of how to classify and appreciate strategy tools and models. Mintzberg et al. have developed schools of thought to help alleviate and categorise this problem but this approach lacks a comparison of the models found in industry e.g. BCG‚ 7S McKinsey‚ ANSOFF etc. Consequently at academic level (but not only) we see models like P5F‚ etc. predominate while tools like SWOT‚ PEST‚ ARC etc. populate the consultancy arena and operative levels of the organisation. The purpose of
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Paper On Handicraft Industry in Nepal Industrial Social Work Submitted by: Submitted to: Bikina Chhetri Kesh Malla 6th Semester Date: 1st October‚ 2010 Concept: Handicrafts are unique expressions that represent a culture‚ tradition and the heritage of a country. Nepal is well known for its
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Executive Summary Hetauda Cement Industry Ltd. was established in 1976 A.D. under the government undertaking with the core objectives of the production of cement. In the market‚ there are many private and government agencies engaged in this kind of manufacturing. Hetauda cement industry has the core competitors like Udayapur Cement Industry (government) and many private cement factories. Hetauda cement industry is the single company to produce clinker in Nepal. It has the very good credit over
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The art of weaving is an old tradition in the kingdom of Nepal‚ especially in the mountainous regions of the country. Radii‚ Pakhi‚ Bakkhu‚ Darhi are well known Nepalese products produced in these regions using indigenous wool. The marketing of these products has been confined to the domestic market. The traditional designs of Nepalese-Tibetan carpets are basically influenced by Buddhism‚ but in recent years the Nepalese manufacturers have introduced modern designs and colors in line with present
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PESTEL/ PESTLE/ PEST Analysis of hospitality industry Traditionally PESTEL analysis was known as the PEST analysis and only in the modern times did the use of the word PESTLE came into being. Social part of the PEST is split into environmental factors too as those have a significant role in the strategic management these days. Along with that economic factors are split into legal factors for the same previously mentioned reason. Political Environment “These refer to government policy such as
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Assessment of the external macro-environment in which the firm operates can be expressed in terms if the following factors Political • In Britain political awareness of the importance of the motorsport industry has grown in recent years especially during the Blair tenure. Frank Williams was knighted in 1999. • Political pressure on Formula One has also strengthened abroad‚ with other countries gaining the right to host the races. • The Asian Countries: China‚ Indonesia‚ Malaysia
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Competitive Forces in the Tourism Industry Page 4 Conclusion Page 6 References Page 6 Introduction: This paper will be dynamically examining the tourism industry during the 2000s. It will begin by using the PESTEL framework to analyse the macro environment and determine which factors drive the competitive forces within the industry. Following this‚ Porter’s Five Forces model will be used to analyse the actual competitive forces at work within the industry and determine the relative importance
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SWOT and PESTEL analysis of the automobile industry At the beginning the gas price and economy were stable‚ this create conducive environment for car manufacturers‚ Vehicle sale has become stronger in the market‚ than it was anticipated due to expected economic growth‚ where by industry marketing expenditure were flat at $ 1‚505 million and later increased $39 ml to 1544 ml due to aggressive advertising and promotion increase despite growing sales‚ oil prices were doubled in the December‚ and raise
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