PEST ANALYSIS The PEST analysis is a useful tool for understanding market growth or decline‚ and as such the position‚ potential and direction for a business. PEST is an acronym for Political‚ Economic‚ Social and Technological factors‚ which are used to assess the market for a business. Basically it is a scan of macro-external environment‚ in which a business wants to operate. Political Factors include: • Tax policy • Employment laws • Trade restriction and Tariffs
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PEST Analysis for a Company in the Tourism Industry The Tourism industry is one of the fastest growing industries in the world. The World Travel and Tourism Council estimates that in 2004 Travel and tourism is expected to generate * US$ 5‚490.4 billion of economic activity * 10.4% of total GDP * 214‚697‚000 jobs or 8.1% of total employment * 12.2% of total exports [1] My task is to conduct a PEST analysis for a company within the Tourism industry. Within the tourism industry‚ I have
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POLITICAL IDEOLOGIES IN GHANA AND THEIR EFFECTS ON THE PRIVATE SECTOR; 1957 TO 2010 Introduction It is certainly true that no car can move in a specific direction without a steering wheel and no ship can be steadfast without a rudder. Even though a rudder may seem to be a very small and insignificant instrument or device in comparison to the body of a ship‚ it is the rudder that gives direction to the ship. In the same way‚ A Political Party cannot move in a certain direction without the existence
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Access to prospective land; ? Training and application of technology; ? Dissemination of best practice; ? Business management; ? Availability of micro-credits and other development instruments; and use of revenues.Mining and quarrying companies in Ghana face challenges when it comes to obtaining licenses and permits‚ land acquisition and community disputes. Infrastructure Exploration takes mining companies to remote areas and setting up mining operations in these areas can be a challenge due to
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1 Background to Acer Acer is a global force in the IT market. The company’s goal (September 2009) is to become the world’s number one netbook vendor. Acer was founded by Stan Shih and his wife‚ with a group of fi ve others‚ as Multitech in 1976. The company was renamed Acer in 1987. It began with eleven employees and US$25‚000 in capital. Initially‚ it was primarily a distributor of electronic parts and a consultant in the use of microprocessor technologies‚ but over time it began to develop
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Financial Accounting and Reporting (8th Edition)‚ FT/Prentice Hall. Lewis‚ R. & Pendrill. D. (2004)‚ “Advanced Financial Accounting” (7th Edition)‚ FT/Prentice Hall. Britton & Jorissen. (2003)‚ “International Financial Reporting and Analysis” Thomson Task 4 Tisdale M.A. (N.D.) WiseGeek: “What is a Trade Surplus” [Online] available on http://www.wisegeek.com/what-is-a-trade-surplus.htm# Pettinger T. (2012) Economics: “Balance of Payments Disequilibrium” [Online] available
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GHANA ECONOMIC OVERVIEW In the first quarter of 2010‚ the Ghanaian economy continued to show increasing stability. The drop in inflation rate deepened as headline inflation recorded a ninth consecutive decline in March. Supported by strong inflows from exports‚ increased international reserves‚ the foreign exchange market remained stable and the cedi strengthened against the major trading currencies. At the end of the first quarter‚ the country’s gross international reserves stood at US$3.3 billion
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POLITICAL ANALYSIS TAXATION As of 1 January 2001‚ South Africa’s territorial system of taxation (or source-based system) was replaced with one based on worldwide incomes for resident companies‚ including resident branches of foreign companies. In order to preserve some of South Africa’s appeal as an "off-shore" location for international headquarters‚ a separate regime for non-resident International Holding Companies (IHCs) is maintained which allows for income from foreign subsidiaries
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PEST Analysis The PEST analysis is used in this report to evaluate the political‚ economic‚ social and technological aspects of the macroeconomic environment in the targeted market‚ Russia. This study helps to frame the basis for the decision-making about a possible market entry. Thus‚ it is of vital importance to scrutinize the macroeconomic environment as part of the market research. Political and Legal Aspects According to the Russian 1993 Constitution‚ Russia is a democratic federative state
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I nternship Report TRAINING FUNCTION OF NESTLÉ BANGLADESH 1 I nternship Report TRAINING FUNCTION OF NESTLÉ BANGLADESH Prepared for: Hasibur Rahman Company Security Manager Nestlé Bangladesh Prepared by: Syed Mohammad Shihan Sazid ID: 07204036 BRAC Business School‚ BRAC University Date of Submission: 2nd January 2012 2 Letter of Transmittal January 2‚ 2012 Hasibur Rahman Company Security Manager Nestlé Bangladesh SUBJECT: SUBMISSION OF INTERNSHIP REPORT Dear
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