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
Premium Economics Transaction cost Price
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
Premium Migrant worker United Kingdom Immigration
Class:L2 Name: Chu Cho Ting Student ID: 20268957 Title: Tobacco firms adopt tactics of ‘Dr Evil’ in battle against tougher regulation Link: http://www.theguardian.com/society/2014/nov/01/tobacco-dr-evil-regulation-lobbyist Date of the news: 1 November 2014 Some tobacco manufacturers in UK adopted a promotion strategy by backing a new organization that launches recently to defend the right of smoker and push the message that drinkers and fast food fans
Premium Ethics Tobacco Tobacco industry
PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
Premium Investment Economics Insurance
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
Premium Sony Management Company
TABLE OF CONTENTS INTRODUCTION 3 KEY CHARACTERISTICS OF SUGAR INDUSTRY 3 KEY SUCCESS FACTORS (KEY PERFORMANCE INDICATORS) 4 PEST ANALYSIS OF SUGAR INDUSTRY IN INDIA 4 PORTERS FIVE FORCE ANALYSIS 8 FACTORS LEADING TO INCREASE IN DEMAND OF SUGAR IN INDIA 12 GLOBAL SUGAR OVERVIEW 12 BY-PRODUCTS 13 FACTORS LEADING TO INDUSTRY ATTRACTIVENESS 14 BIBLIOGRAPHY 15 SUGAR INDUSTRY OF INDIA Introduction Sugar is extracted from two raw materials beet root and sugarcane ‚ both produce identical
Premium Sugar Sucrose
Research Proposal Research Question: In order to make maximum revenues profitably‚ is it better for Teritree to expand into the US market or to continue growing in India? Rationale: Teritree is currently focused on marketing its CEMANTIKA product to small‚ medium and large enterprises in India. They are facing significant pricing pressure because the Indian market is very price sensitive. Their sales cycles are long as customers require long trial periods. This is making it difficult to grow their
Premium Marketing Marketing
Strategic Management of TESCO supermarket: PESTEL analysis‚ Porter ’s 5 Forces analysis‚ Critical success factors‚ SWOT Analysis‚ VALUE CHAIN analysis‚ TESCO ’S strategic options‚ Core Competences & Cultural Web. IINTRODUCTION The food and drink retail sector represents the largest industry in the UK‚ providing employment for over three million people in primary production‚ manufacturing and retailing. In 2003 retail accounted for 9% of gross domestic product (Datamonitor‚ 2003). In recent years
Premium Strategic management Tesco Supply chain
PEST Analysis for Thorntons ——Expanding Business in China & India WANG Keyun‚ REN Yuchen‚ ZHOU Yihui‚ LIN Xi‚ SHI Zhengjun‚ YANG Liuyi Nottingham University Business School University of Nottingham Ningbo China 2012/11/1 Table of contents ...................................................................................................... 1 Executive Summary ................................................................................................. 2 1. Company Overview and
Premium Macroeconomics Economics Foreign direct investment
P (political) E (economical) S (social) T (technological) ANALYSIS -is used to identify the external forces affecting an organization. * Political Factors * The basic understanding is when the government implement’s laws and or regulations which affect the way a business operate. * Is used to identify the external forces affecting an organization. It can create advantages and opportunities for organizations. Conversely they can place obligations and duties on organizations
Premium Inflation Wage Employment