ASSIGNMENT ON PESTLE TOOL [pic] BY SACHIN BABAN SHINDE COURSE- MBA (Hospitality Management) STUDENT DATA NUMBER-713520 Tutor – Don Burton ➢ What is the PESTLE tool? PESTLE stands for Political Economic‚ Social‚ Technological‚ Legal and Environmental factors. PESTLE is to find out the businesses current position of any organisation in their external environment. PESTLE can be used as a basis for further planning and strategic management. Kotler (1998) “claims that PEST
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What are Cadbury nestle ? (slide one) Pestle/external analysis of the nestle and Cadbury (definition of a pestle from book) Political * Taxes could increase which in theory would lead to sales decreasing and profit therefore decreasing but as chocolate is such a small purchase this is unlikely * Government are always pushing for a healthier Briton as obesity is a massive cost on the NHS this would theoretically drive down sales * Food labelling and international trade laws these
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PESTLE A PESTLE analysis is a framework used to evaluate an organisations external macro-environment. 1When used‚ a business will analyse the multiple factors that are out of their control. By doing this a business can be aware and prepared for future changes. Political factors take into account the political situation of a country. Regulations put in place by governments will determine how a business has to operate‚ so a business will have to consider trade and labour laws‚ tax policies‚ environmental
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PESTLE Analysis Political Political stability – knowing where you stand as a business with regard to what the government aim to do. This will give you more certainty. A change in government could create uncertainty. The Coalition government are trying to encourage and support small businesses as they see this as a key way to boost the economy Economical Changes in the level of consumer spending. If recession‚ consumers will generally spend less therefore parents might choose not to send the children
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carcinogen. It is also conducted to test which stain remover could off set a stain well. Methodology: Materials used: Mortar and pestle Pearl or true oyster shell Chlorine Detergent powder Containers Fabrics (plain white or printed) Black ink Chalk Procedure: 1. Pound the Oyster shell using mortar and pestle until it became a powder-like substance. Put it in a container and set it aside. 2. Pound also the chalk into a powder-like substance like the oyster
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INTRODUCTION (Shirley Daniels) says that the management of customer value is an advanced version of the measurement of customer satisfaction (2000). However‚ Godiva takes some simple steps to create customer value. PERCEIVED BENEFITS Product Benefits (Day 1990; Peter & Olson 1990) “From the consumer’s point of view‚ the products are seen as a range of benefits‚ not traits. However‚ Godiva have managed to gain great success by refreshing it’s brand and introducing new range every now and
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PESTLE analysis is a process to help understand the overall market environment such as market risks‚ market growth or decline for a particular industry‚ business‚ product‚ or project. It is often a key part of strategic‚ marketing‚ and business planning. The political factors refer to the degree of intervention of government in the economy. For an example‚ if the government taxes increase‚ it will cause the selling price of Nestle increase‚ and therefore the number of customers and the sales of
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Banana (Musa acuminata) Peel and Gumamela (Hibiscus rosa-sinensis) Petals as Shoe Polish Researchers Mrs. Gladys P. Fajardo Project Adviser TABLE OF CONTENTS Page ACKNOWLEDGEMENT 1 ABSTRACT 2 INTRODUCTION 3 A. Background of the Study 3 B. Statement of the Problem 3 C. Scope and Delimitation 3 D. Significance of the Study 4 REVIEW OF RELATED
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this experiment is to prove that radish extract can be used as an insecticide. The researchers first gathered all the materials needed to complete the experimentation. First washed‚ sliced‚ and pounded the radish tubers using the mortar and pestle. Then the researchers extracted it by using a clean strainer‚ strained and acquired the juice of the radish. After completing the three setups‚ the researchers sprayed it on the insects and observed what happened. They tried several trials to determine
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PESTLE ANALYSIS What is PESTLE analysis? PESTLE stands for - Political‚ Economic‚ Sociological‚ Technological‚ Legal‚ Environmental. The term PESTLE has been used regularly in the last 10 years and its true history is difficult to establish. Various other similar acronyms have been used including ETPS‚ STEP‚ PEST‚ and STEEPLE. The term PESTLE is particularly popular on HR and introductory marketing courses in the UK. PESTLE analysis is in effect an audit of an organisation’s environmental influences
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