P (political) E (economical) S (social) T (technological) ANALYSIS -is used to identify the external forces affecting an organization. * Political Factors * The basic understanding is when the government implement’s laws and or regulations which affect the way a business operate. * Is used to identify the external forces affecting an organization. It can create advantages and opportunities for organizations. Conversely they can place obligations and duties on organizations
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Pest Analysis Croatia PEST-Analysis Croatia Content Introduction………………………………………………………………………………page 3 Political Environment……………………………………………………………………page 4 Economic Environment………………………………………………………………….page 4 Social-Cultural Environment…………………………………………………………….page 6 Technological Environment……………………………………………………………...page 7 References………………………………………………………………………………
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customer/end-user drivers interest/ exchange rates international trade and monetary issues criteria examples lifestyle trends demographics consumer attitudes and opinions media views law changes affecting social factors brand‚ company‚ technology image consumer buying patterns fashion and role models major events and influences buying access and trends ethnic/religious factors advertising and publicity ethical issues Social 1. Parents availability for transplant
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Strategic Plan for a Construction Company Introduction Recently as 6 months ago I was involved in the reconstruction and up gradation of my own house. The process lasted 1 and half years due to various reasons‚ some of which were that we were also living in the same house and the upper story was being built‚ availability of funds‚ lack of time on our part etc. But apart from these aspects I learnt that the construction business of today lacks many things. One such thing was that there are no
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MARTINEZ CONSTRUCTION COMPANY IN GERMANY 1. General presentation of the case study (Summary) Martinez Construction is a well-established construction company in Eastern Spain. Because of a recent decline in contracts in the Spain society‚ Martinez Construction Company needed to expand to international market in order to survive (expand and grow). After a survey in the international market‚ the newly
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MARTINEZ CONSTRUCTION COMPANY IN GERMANY 1. General presentation of the case study Martinez Construction is a construction company located in Eastern Spain and was founded in Barcelona in the middle of 1940. The company dealt with a recent decline in contracts that resulted in a growing awareness of the dependence the business had on local economic company. As a result they paid attention to the possibility of going internationally especially German states‚ as Diego Martinez‚ president of the
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non-financial factors will be taken into account. SWOT and PEST analysis will be used to assess the company’s
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INFORMATION PAPER Marketing Management ‘PEST’ ANALYSIS AND FIVE FORCES ANALYSIS June 2008 Momtchil Krastev m.krastev@clusterstar.com Profit Center Sofia London School of Economics Information Paper The Firm and the Environment – A fictive amusement park in the UK PEST Analysis and Five Forces Analysis For further information‚ please do not hesitate to contact us: ClusterStar KG Werderstr. 1 86159 Augsburg Germany Office +49 (0) 821 26 12 084 Cell +49 (0) 176 213 003 52 E-mail:
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PEST ANALYSIS FOR APPLE INC The PEST analysis is the useful procedure to grasp market growth or decline. So it is a business dimension tools that helps to identify an organisations macro environment. The factors include in PEST analysis are Political factors‚ Economical factors‚ Social influence‚ Technological factors. An organisation cannot control the changes in those factors but any changes effect directly to an organisation. So the organisation should react quickly if any
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international growth‚ this means the company is highly dependent on the UK market and this is starting to lead to problems for them. For example‚ this year Tesco reported a fall in profit for the first time in 20 years. Because of this Tesco needs to use a PEST (Political‚ Economic‚ Social and Technological factors) analysis as it will allow the business to build their vision for the future and help them to avoid further decreases in profit. Good use of PEST Analysis would also help Tesco to avoid taking
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