1. Porters 5 forces Analysis: 1.1 Buyer power: The buyers for mining industry usually have medium to high power. There are two elements that could affect the buyer’s power. One is buyer’s level of negotiation; the other is buyer’s price sensitivity. In our case‚ the two companies are producing coal and uranium. These two products are mainly used for producing electricity. Buyers for these natural resources must have large quantity of demand‚ and also they usually have government behind
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A LEVEL OF ACHIEVEMENT BUSINESS STUDIES A LEVEL RESOURCES. Issue 3 Sept 2004 Page 1 PEST Analysis A PEST analysis examines the Political‚ Economic‚ Social and Technological environments that affect industries and companies. (PEST analysis is also known STEP analysis). It is now recognised by marketing professionals that in the longer term survival and success of a business is dependant upon the external environment a business operates within. It is not enough to say we have the right marketing
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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 Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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Mining machinery industry is a pillar industry in economic construction and social development of any countries‚ occupying an important position. It is the initial basement to the fields of building‚ road‚ railway‚ cement industry and chemical industry‚ etc. With the development of society‚ lots of countries are committed to national economic construction‚ especially involves in infrastructure construction; being badly need of many stones‚ rocks‚ sands and powder materials. Those developing countries
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Hedging in the Mining Industry Strategy‚ Control and Governance Contents Foreword Chapter 1: Executive summary Chapter 2: To hedge or not to hedge? Considering a strategy 1 2–4 5 – 12 Chapter 3: What tools are available? Implementing the hedging strategy 13 – 24 Chapter 4: How do we control and monitor a hedging programme? 25 – 36 Chapter 5: How‚ why and to whom do we communicate our risk-management strategy? 37 – 44 Chapter 6: What are the accounting implications? 45 – 49 Appendix
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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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The PEST Analysis of UK’s Food Producing Industry 1. Introduction This report focuses on PEST analysis of UK’s food producing industry and giving some particularly essential ratios of some food producing companies. With the diversification of economic and geography environment‚ food producing companies‚ especially multinationals need to consider more about what situation they will be in and what barriers they will meet. The main work of this report is to identify what will influence the
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Ethical dimensions of sustainable development and their relevance to Organisations: A case study of Coltan Mining Industry Author Institution Course title Instructor Date Introduction Sustainability and its use in enhancement of a sustainable development has become a major concern in the world economy. Many international documents including Agenda 21 on ethics highlights how governments and corporate bodies may achieve sustainable development. One of the strategies suggested by the document
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PEST Analysis Leader:Penelope贺朋旭（会计103） Deccember 2010 PEST Analysis Potical Factors • China is a communistic country‚ and it is steadier than some country which always has some war‚ anarchy and so on‚ which is adapted to the development of car companies. • Chinese goverment encourage overseas company to operate in China‚ such as derating‚ lower lending rate… • Chinese rule is strict for car purchaser and owner. For example Beijing government claim that
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