EXPLAIN THE PURPOSE AND BENEFITS OF PEST ANALYSIS. PEST analysis is used to evaluate the political‚ economic‚ social and technological influences that organizations might face when they are about to start a project. It provides external factors that organizations should take into consideration before they start the projects. In this case study‚ the UNISION used PEST analysis to investigate the external environment surrounding migrant workers; it helps UNISON to identify and understand the reasons
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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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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practices designed to prevent drunk drivers from being able to drive when to drunk whether that be by keeping them from leaving a bar while drunk or making their car unstartable when drunk. One such example are Responsible Beverage Service Laws or RBS laws which are laws that require education for restaurants and other establishments that serve alcohol on how to responsibly serve alcohol to people. These laws were created with the intention that if employees notice a person has consumed to much they
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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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unaccountability and gross incompetence. Stakeholders’ loss of confidence from misinformation and misdirection was an inevitability that sealed RBS’s fate. The Royal Bank of Scotland (RBS) Group is a publicly traded firm that began its ascension as a global banking entity under the leadership of Sir George Mathewson1. In 2000 RBS was able to secure a hostile of the National Westminster Bank2‚3 leading Mathewson to seek a successor to lead the integration of NatWest. He found one in his then-deputy CEO Fred
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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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Royal Bank of Scotland (RBS) 1 REWARD STRATEGY – Review and Evaluation 2 Herzberg and ‘two-factor’ theory 2 Maslow’s Hierarchy of Needs 3 Motivation through Total Reward 3 Result Based Payments 4 Work/Life Balance 4 Personal Development 4 PERFORMANCE MANAGEMENT – Review and Evaluation 5 RECOMMENDATIONS 7 Conclusion 7 REFERENCES 8 Books and Journals: 8 Online Sources: 8 INTRODUTION – Royal Bank of Scotland (RBS) The Royal Bank of Scotland (RBS) is one of the largest
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RBS 2206 BTS - Thosindu Tharaka General Architecture: The RBS 2206 is a member of the RBS 2000 family for indoor applications‚ with up to six double Transceiver Units. The RBS 2206 is designed to be transported as a fully-assembled cabinet to the site. All units in the cabinet are easily accessible from the front of the cabinet‚ which means that the cabinets can be mounted side by side with their backs against a wall. RBS 2206 BTS consists with several functional modules. The RBS 2206 is a high-capacity
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