2.1.1 POLITICAL The hotel industry had evolved very rapidly since the opening policy in 1978‚ after that the economy has gradually transformed to a market-oriented one. The reform has created a much better business environment for the hotel industry development (Hornsby‚ 1990). According to Kotler (1996)‚ The political environment is strongly affect hospitality industry‚ political environment is made up of laws‚ government agencies and pressure groups influence and limit the activities of various
Premium Hotel Tourism Hospitality industry
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
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
Introduction a. Overview of the Industry b. Timeline of the Indian Telecom Market 3. Market Structure: Present Scenario and Competitive Environment a. Barriers to Entry in a telecom market b. Overview of Market Structure and Evolution c. Universal Service Obligation d. Competitive Profile of the Telecom Sector e. License Conditions Inhibiting Competition f. Spectrum Assignment and Pricing g. Interconnection Charges h. Tariffs for Basic Service i. Features of Indian Telecom Tariffs j. Issues with Present
Premium Mobile phone GSM
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
Introduction | The National Context: Singapore’s national Development And Infrastructure Policy | The Industry Context: Trends In The Telecommunications Industry. | SINGAPORE TELECOM’S STRATEGY‚ PERFORMANCE‚ AND LOCAL COMPETITIVE CONTEXT | WHAT DOES THE FUTURE HOLD? | * Telecom’s Chairman statement * Despite’s successful transition‚ now facing major challenge * Competition in its primary market * The impact of its performance during Asian crisis * Technological advancement
Premium Investment Mergers and acquisitions Economics
Telecom Industry of Bangladesh [pic] Introduction: Mobile phone has become an indispensable part of Bangladesh’s everyday-life and has made a "safe haven" in one of our pockets much like our wallet that we never want to leave at home while we head for our work! Thanks to the telecom-revolution and its relentless evolution that together have made it possible even in developing countries like Bangladesh. This is the dominant device that we now express ourselves through‚ get our work done and share
Free Mobile phone GSM
Telecom Industry in Egypt Prepared By Abdel-Aziz Mohamed Ehab Adel Supervised By Prof. Dr. Adel Zayed Walaa Fathalla 1 About Telecommunication 2 Agenda 5 6 Telecom Licenses in Egypt 3 Telecom Market in Egypt 4 The Five-Forces Model of Competition Q&A References Telecom Industry External Assessment About Telecommunication • The word ’Tele’ means distance and ’Communication’ means "a process by which information is exchanged through a common system of symbols‚ signs or behavior"
Free Mobile phone Internet
PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
Premium Investment Economics Insurance
Wrong Number: Telecom Tricks The telecommunications industry had its own bizarre take on revenue recognition during the boom. From 1997 to 2000‚ Global Crossing took on over $7 billion of debt to lay 1.7 million miles of fiber-optic cable to transport data via the Internet. When completed in summer 2001‚ the network spanned 27 countries and 200 major cities around the globe. The company’s debt load didn’t seem to faze investors—Global Crossing’s market capitalization reached $40 billion in 1999
Premium Management Thought Marketing