Lastly‚ the PESTEL is a tool analysis that helps a business forecast the trend and analyze overall image of the company in the future. It based on external factors as political‚ economic‚ social‚ technology‚ environmental and legal. If a hostel never knows how this tool works‚ the hostel could face up with economic effects‚ political instabilities or any external risks which change through time. It means the business will not recognize the change of external factors; it is a kind of risk as well
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his creative product innovations.” (Gupta and Prinzinger 2013). This paper will analyse the external environment‚ using the PESTEL model. The external environment incorporates all the factors that a company has no influence over and is only able to adapt to these changes; studying and adapting to these factors are essential for a business to survive. 2. The PESTEL analysis includes 6 sections: a. Political: Being a multi-national‚ Apple is strongly affected by political factors. Political factors
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PESTEL analysis for THAI airways Political Political factors are how and to what degree does THAI airways intervenes in the economy. Specifically‚ political factors include areas such as tax policy‚ labour law‚ environmental law‚ trade restrictions‚ tariffs‚ and political stability by THAI airways Recently THAI airways stated that the growing economy will boost travel and passengers if Thailand has no political problems. Economic Economic factors include economic growth‚ interest rates‚ exchange
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University of Sunderland IMPLEMENTATION OF PRIVATIZATION POLICY: AN EMPIRICAL STUDY FROM NEPAL; SUCCESS OR FAILURE By Raj Kumar Maharjan (Registration Number: 059991668) This paper was submitted in partial fulfillment of the requirements for the Masters of Business Administration (MBA) degree at University of Sunderland‚ School of Business‚ Graduate Business Program‚ Sunderland‚ U.K. January 2010 A MASTER’S PROJECT IN BUSINESS ADMINISTRATION BY RAJ KUMAR MAHARJAN REGISTRATION NUMBER:
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Nepal is one of the most desired tourist destination of all time. Due to these cultural norms and values‚ Nepal is a most profitable destination for tourism industry. Annually‚ the visitors arriving in Nepal have their varied purposes and they are almost always enthusiastic about spending their holidays in Nepal’s touristic sites and they have to be encouraged to do so through extensive marketing efforts by Nepal Tourism Board. Furthermore‚ Nepal’s traditional cultural values can also be used for
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e. Nepal‚ analyzing the current trends of the FDI flow in the nations is also important. The FDI flow is around 6.6 million in the recent last periods. The Nepal economic freedom score is 53.3‚ making its economic the 133rd freest as of 2009 Index. Also its score is 0.9 point lower than last year‚ which indicates there is a decline in 10 economic freedoms. For any foreign investment should planning to invest in the host nation should analyze the economic freedoms of the host countries. Nepal is ranked
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Banking in Nepal: A History of Banking System in Nepal This post is about banking in Nepal‚ a history of banking system in Nepal. In the context of Nepal‚ it is very difficult to trace the correct chorological history of the Banking systems in Nepal because there are no sufficient historical records and data about Banking in Nepal. Nepal bank Ltd. is the first modern bank of Nepal. It is taken as the milestone of modern banking of the country. Nepal bank marks the beginning of a new era in the
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Political Factors Political factors has to do with politics of the day prevailing in country. It is generally assumed that if political temperatures are down; businesses tend to flourish and the vice versa is also correct. In this particular case‚ it can be said that it is neutral and thus not expected to cause much rubble in the new companies operations. However‚ future political challenges cannot be ruled out. Nike being number one sportswear in the USA‚ its profits‚ turnovers‚ marketing sponsor
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TOURISM IN NEPAL The biggest natural museum in the world is Nepal. Nepal is one of the richest countries in the world in terms of bio-diversity due to its unique geographical position and latitudinal variation. the elevation of the country ranges from 6m. above sea level to the highest point on earth‚ Mt. Everest at 8‚848m‚ all within a distance of 150 km with climatic conditions ranging from sub-troppical to arctic. Therefore Nepal’s wild variation fosters an incredible variety of eco-system
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Women In Nepal Nepal is a landlocked country situated in South Asia between India in the South‚ West and East and China in the North. According to a survey done by the Central Bureau of Statistics in Nepal‚ the population was recorded to be 26.62 million. In this small country there are still one hundred and one ethnic groups speaking over ninety two languages. Customs and traditions differ from one another but what remains the same is the patrilineal and patrilocal type of society that is present
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