PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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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
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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
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A battery‚ which is actually an electric cell‚ is a device that produces electricity from a chemical reaction. In a one cell battery‚ you would find a negative electrode; an electrolyte‚ which conducts ions; a separator‚ also an ion conductor; and a positive electrode. Batteries are made of magnesium dioxide‚ graphite‚ electrolytes‚ zinc oxide and a paper soaked in an electrolyte solution. All of this is sealed in a insulated tube for safety. http://answers.ask.com/consumer_electronics/other/what_are_batteries_made_of
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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
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INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection‚ using the four headings of a PEST analysis: political‚ economic‚ social and technological. Where such influences have more than one dimension‚ they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001‚ and
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automatic transmission‚ and an electrical drive system developed specifically for this model fitted between the engine and transmission. An automatic clutch connects the gasoline engine and the electric motors. Drawing its energy from a high-voltage battery at the back of the car‚ the electric motor develops maximum output of 40 kW. The drivetrain technology featured in the BMW Concept 5 Series ActiveHybrid allows all-electric driving in city traffic. An Auto Start Stop function offers additional efficiency
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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
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A GLOBAL / COUNTRY STUDY AND REPORT ON “ PESTLE Analysis and Sector ial Study of Russia” Today we are at the door step of 21st century. The world is widening without having a New and new developments are coming these days in all fields all over India to make the people life more comfortable and luxurious. The industries are growing so fast in India in order to satisfy all the needs of people. Similarly Gov. has supported to these companies for their development and progress of private
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Electrical Battery Model for Use in Dynamic Electric Vehicle Simulations Ryan C. Kroeze‚ Philip T. Krein University of Illinois at Urbana-Champaign Department of Electrical and Computer Engineering 1406 W. Green St. Urbana‚ IL 61801 Tel.: 217-333-6592‚ Fax: 217-333-1162 Email: rkroeze2@uiuc.edu‚ krein@uiuc.edu Abstract - Simulation of electric vehicles‚ hybrid electric vehicles‚ and plug-in hybrid electric vehicles over driving schedules within a full dynamic hybrid and electric vehicle simulator
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