National Maritime Museum PEST Analysis What political factors affect the Museum’s ability to attract visitors? The museum is required to meet government target to attract any groups. Free admissions in museum are funded by central Government. Foreign tourists are worried about health risk such us the recent outbreak of Foot and Mouth disease and because of this they can stop to visit. What economic factors affect the Museum’s ability to generate income and increase the number and profile of visitors
Premium Leisure Museum Psychology
EXPLAIN THE PURPOSE AND BENEFITS OF PEST ANALYSIS. PEST analysis is used to evaluate the political‚ economic‚ social and technological influences that organizations might face when they are about to start a project. It provides external factors that organizations should take into consideration before they start the projects. In this case study‚ the UNISION used PEST analysis to investigate the external environment surrounding migrant workers; it helps UNISON to identify and understand the reasons
Premium Migrant worker United Kingdom Immigration
PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
Premium Technology Strategic management Management
face ups and downs‚ it did not stop her to become the most important pioneer in this industry. This article approaches the evolution of Amazon.com from a PESTEL‚ Porter`s five forces‚ a competitor analyze point of view‚ also an internal analysis and a SWOT analysis. E-commerce has become a key driver of business success nowadays Keywords: electronic e-commerce‚ Amazon.com‚ technology‚ globalization Introduction The expansion of globalization has led to the emergence of the digital economy. New
Premium Electronic commerce Online shopping
Strategic Management of TESCO supermarket: PESTEL analysis‚ Porter ’s 5 Forces analysis‚ Critical success factors‚ SWOT Analysis‚ VALUE CHAIN analysis‚ TESCO ’S strategic options‚ Core Competences & Cultural Web. IINTRODUCTION The food and drink retail sector represents the largest industry in the UK‚ providing employment for over three million people in primary production‚ manufacturing and retailing. In 2003 retail accounted for 9% of gross domestic product (Datamonitor‚ 2003). In recent years
Premium Strategic management Tesco Supply chain
Marriott International Introduction This research focused on SWOT analysis‚ Porters 5 forces model and PEST analysis of Marriott . Marriot International is a leading company with more than 3‚700 lodging properties in 73 countries and territories. [Marriott International] Marriott International manages many hotels brands. Marriott Hotels & Resorts are located more than five hundred hotels‚ two-thirds of them - in the U.S. This is a hotel with a full range of services: they are equipped fitness
Premium Marriott International
PEST POLITICAL ECONOMIC Over the years‚ the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004‚ the Philippine economy grew by 6.1% surprising everyone. In 2005‚ the Philippine peso appreciated by 6%‚ the fastest in the Asian region for that year
Premium Yeast Wine Fermentation
Name: Organisations Management and People Module code: HR 1004 Id : 105353 Pest analyses‚ also partially known as “STEP”‚ has always been undertaking a vital role to every dynamic of all business organisations. Each and every organisation has to undergo involvement and interference of certain factors relating political‚ environmental‚ social and technological factors (PEST). These factors may contain striving from other companies‚ price variation‚ unreliable raw material
Premium Sony Management Company
Tutorial 1: Markets and Organizations Q1. Case Study [pic] Managing external influences First Group (First) is the UK’s largest transport operator‚ employing more than 137‚000 people in the UK and the USA. In the UK‚ it runs rail services carrying around 275 million passengers a year. It is the UK’s largest bus operator and also runs a rail freight business. In the US‚ it operates school transport for nearly four million students a day. The company is seeking to extend it operation in UK
Premium Economics Transaction cost Price
With the expansion of McDonald’s into many international markets‚ the company has become a symbol of globalization and the spread of the American way of life. Its prominence has also made it a frequent topic of public debates about obesity‚ corporate ethics and consumer responsibility. As a prominent example of the rapid globalization of American fast food industry‚ McDonald’s is often the target of criticism for its menu‚ its expansion‚ and its business practices. For example‚ in 1990‚ two British
Free Super Size Me Fast Food Nation French fries