Introduction to PEST analysis PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political‚ Economic‚ Social and Technological issues that could affect the strategic development of a business. Identifying PEST influences is a useful way of summarizing the external environment in which a business operates. However‚ it must be followed up by consideration of how a business should respond to these influences. The table below lists some possible
Premium Macroeconomics Unemployment Inflation
criteria examples ecological/environmental current legislation future legislation international legislation regulatory bodies and processes government policies government term and change trading policies funding‚ grants and initiatives home market pressure- groups international pressure- groups wars and conflicts Political 1. No significant awareness program around disease education/recognition resulting in lower awareness in policy makers. 2. Orphan disease
Premium Policy Technology Economics
Chapter 4 Knowledge Representation question and answers 1. Consider the following statements a) Reema is a super star. b) All super stars are rich. c) All rich people have fast cars. d) All fast cars consume a lot of petrol. Use predicate logic and inference rules to draw the conclusion “Reema’s car consumed a lot of petrol”. a. List any two knowledge representation techniques. b. Write Modus Ponens rule. c. Define disjunctive normal form with suitable
Premium Logic Quantification
Financial analysis in the case of Ford Motor Co and Microsoft Corporation Each company must prepare financial statements to provide a comprehensive picture about its past performance and situation for the owners‚ the managers‚ the state and other stakeholders as well. In the case of enormous‚ international public limited companies like Ford and Microsoft these statements and data are public‚ so anybody can reach them through the internet. Moreover‚ we can also compute a lot of financial ratios
Premium Revenue Financial ratio Generally Accepted Accounting Principles
PEST Analysis Example If you ’re a student of marketing and business studies then you must have come across the term ’PEST Analysis ’. Here are a couple of PEST Analysis examples to clarify the concept further. You cannot imagine the amount of hard work and research that is involved whenever a new product or commercial utility is launched. For that matter‚ any change in the business management and development strategy calls for minute scrutiny of the environment which would form the background
Premium Strategic management Economics Inflation
PEST analysis Political Government of Malaysia had set rules and several regulation to obtain halal license‚ under Shariah law. It is necessary to have that license in order to attract malay customer. In addition‚ the license which is used to govern the operation of business is set up in order to protect the buyers and the sellers. Economy Economics in Malaysia is expected to grow from 2011 to 2014 according to the Economist Intelligence Unit. The real gross domestic product is expected to reach
Premium Malaysia Demography Selangor
PEST ANALYSIS RESTAURANT MARKET Aims of the Presentation To explain the meaning of a PEST analysis. To identify and analyse external factors that affect the restaurant industry. To conduct original research into PEST factors. Task 4 Assignment: Develop a marketing mix for a new/existing chocolate or soft drinks product. Task 4: Conduct a PEST analysis‚ which analyses the external factors‚ which affect the market for your product/service. Grading Criteria: AO4 Explain
Free Economics Unemployment
Competitors analysis Students gave the answer of Q1.4 and analysed 3 competitors of Apple Describe background of IT industry with focus on Apple (5 marks) Use Porters Competitors analysis to analyse Apple (5 marks) 10 facts = 10 marks 1.4 Three different competitors of Apple Inc Describe 3 competitors (6 marks) Use Porters Competitors analysis to analyse competitors (9 marks) 10 facts = 5 marks 1.5 SWOT Most students did well in this question 10 facts = 5 marks Section B 1 PEST & SWOT Only
Premium Strategic management Marketing Management
1 PEST Analysis - Banking Sector in United States Product Type: Market Research Report Published by: Synergyst Published: March 2007 Product Code: R739-67 Description PEST analysis of any industry sector investigates the important factors that are affecting the industry and influencing the companies operating in that sector. PEST is an acronym for political‚ economic‚ social and technological analysis. Political factors include government policies relating to the industry‚ tax policies‚
Premium Inflation Bank Economics
Japan PEST Analysis “Despite the damage done to Japan’s infrastructure by a powerful earthquake and tsunami in March 2011‚ the Economist Intelligence Unit expects the quality of the country’s overall business environment to continue improving. Enhancements to the macroeconomic environment‚ market opportunities‚ and policy towards private enterprise and competition will support the improvement in the overall business environment. However‚ the business environment will be adversely affected by
Premium Tax Income tax Economic growth