Using PESTEL Analysis in Strategic Planning For Non-Profits PESTEL is a method of analysing the impact a variety of factors may have on potential profitability of an organisation or industry. A macro environmental analysis technique‚ PESTEL analyses the impact that political‚ economic‚ socio-cultural‚ technological‚ environmental and legal factors may have on an industry’s profitability potential (Johnson‚ Scholes & Whittington‚ 2005). Within each major PESTEL heading‚ there are a variety of sub-factors
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Answer 1: Porter’s five forces analysis suggest that the market in which Dunkin Donuts and Starbucks operate is competitive. According to his force Industry competition‚ the rivalry in between the coffee stores is fierce. Where Starbucks open stores across the street from the other coffee shops‚ McDonalds have started giving coffee for a dollar‚ any size. Other local coffee shops are also there which provide a variety of coffee and people are getting used to it. So the competition is not only amongst
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PESTEL ANALYSIS - UNILEVER GLOBAL PESTEL analysis - UNILEVER A scan of the external macro environment in which the firm operates can be expressed in terms of following factors: Political Economical Social Technological PESTEL analysis is a useful strategic tool for understanding market growth or decline‚ business position‚ potential and direction for operations. The headings of PESTEL are a framework for reviewing a situation‚ and can in addition to SWOT and Porter’s Five Forces models
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factors butalso forecast change‚ so that it can take advantage of changewithin the environments in which it operates.PEST analysis is used to identify the external forces affectingan organisation .This is a simple analysis of an organisation’sPolitical‚ Economical‚ Social and Technological environment.A PEST analysis incorporating legal and environmentalfactors is called a PESTLE analysis. 3. P for POLITICAL FACTORS E for ECONOMIC FACTORS S for SOCIAL FACTORS T for TECHNOLOGICAL FACTORS 4. Legislation
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2 External Environment Analysis 2.1 Classification of the External Environments Figure 1 is a graphical description of the external environment (Unit 2‚ B820 Strategy) classified into the Macro (Far) and Industry (Near) environments. This works as a baseline for the different levels of analysis that would be carried out on the external environment • Figure 1 Macro(Far) and Industry(Near) environments 2.2 Macro (Far) Environment Table 1 analyses the Macro Far Environment based
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Activities in food‚ liquor‚ petrol‚ consumer electronics‚ general merchandise‚ retailing through chain store operations‚ together with hotel‚ gaming and entertainment operations (data analysis‚ 2007). HR position (employees) 180‚000 employees across 3‚000 stores. Other related factors Key macro environmental factors General economic condition - Global Legislation and regulation ACC‚ TPA‚ FIRB. monitors and regulates the industry Population demographics (geographic distribution
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making process via ESC model. Fig 1.1 shows the ESC (Environment‚ Strategy & Capabilities) model to describe the strategy making process for an organization. Strategies are made keeping a number of factors in consideration. Environment stands for Macro and industry based environment and factors that effect the operation of an organization. Environment is discussed more in detail in later part of this report. Business strategies are made considering the interest of stakeholders‚ company’s mission
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Imagine Becky going to a job interview at Subway. She talks negatively about Subway and how she doesn’t even want to work their. The next day‚ Carly comes to Subway for the same job interview. She speaks very highly of Subway and explains what getting the job would mean to her. Carly gets the job because she was optimistic about the job offer. Job seekers interview more effectively
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the foreground of the image‚ a man is talking on his cell phone. That is it. Slightly behind him‚ another man talking on his cell phone. In the background of the picture‚ there is not much else worth noting; a couple buildings‚ an entrance to the subway‚ some men talking around a truck. What exactly is so interesting about this photo? The photographer is attempting to capture what she thought was a sentimental moment. How does she even know these two men are talking to their mothers? Perhaps they
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PESTEL Analysis The PESTEL framework evaluates the external environment variables to identify general opportunities and risks of particular strategies. 3.1 Political With selling cars in 17 countries ‚Tesla Motors has to deal with distinctive political patterns influencing its business operations.One of the major political factors affecting the industry is environmental protection laws to induce production of more environmental cars to meet strict emission levels. The second important factor is US government energy loan programs for
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