stores creating high demand on lens grindings. This led to the opening of second outlet in Katong Mall and never looks back since. Today‚ Nanyang Optical Group has staff strength of more than 80 and a turnover of 10 million. (Ng‚ 2007) External Analysis This section uses Porter Five Forces to identify the attractiveness of optical industry in Singapore. (Johnson‚ 2011) Threats of Entry Nanyang Optical Group being pioneer has accumulated vast experience curve in the industry. Being a well
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and 2nd photo of his company. II) Draw Johari Window for your own (For this purpose‚ ask questions to minimum 4 of your friends). 3) IBE a) Go through the Excel doc attached with this mail b) VIsit website of the given company c) Write PESTLE analysis in your own words d) Take snapshot of the visited website and paste the hardcopy in Log Book. 4) PPM a) Describe in your own words how different management functions like planning‚ organizing‚ implementing‚ directing‚ coordinating and
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PESTLE Analysis of China Political: China set to focus on supporting domestic brands and creating more appeal for domestic brands‚ this will mean naturally less support for exports and overseas brands Single child policy means that consumers aged between 18 and 30 are likely to have savings from past generations passed down to them Economical: China has had the highest average yearly economic growth rate between 1980 and 2004 of 9.8% In 2011 unit prices increased as a result of
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Pestle analysis of Easyjet Political Factors Political factors reflect the political stability of the region where Easyjet is operating. OPPORTUNITIES Government grants permission to purchase new Aircrafts. Government guidance and assistance available to travel and tourism businesses. European Countries Collaboration and good relationship making EU politically stable. This stability is a significant advantage for the growth of Easyjet THREATS Airlines which fail to comply with strict
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ON PESTLE TOOL [pic] BY SACHIN BABAN SHINDE COURSE- MBA (Hospitality Management) STUDENT DATA NUMBER-713520 Tutor – Don Burton ➢ What is the PESTLE tool? PESTLE stands for Political Economic‚ Social‚ Technological‚ Legal and Environmental factors. PESTLE is to find out the businesses current position of any organisation in their external environment. PESTLE can be used as a basis for further planning and strategic management. Kotler (1998) “claims that PEST analysis is a
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Economic Reforms has smoothened the path for them? 3 . Trusting your organization to grow and develop in a haphazard fashion is taking a large chance on the future. This is the fundamental reason for doing strategic planning. Discuss the role of SWOT analysis in strategic planning. 4 . How has Internet helped in the evolution of World as a Global Village? 5 . Discuss the Strategic Initiative by Mr.Ratan Tata of Launching ‘Nano’‚ which suggests the cost leadership approach adopted by Tata. Do you think
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Group Report ASDA Introduction Asda is a British supermarket chain‚ which retails food‚ clothing‚ general merchandise‚ toys and financial services. It was formed in 1965 by a group of Yorkshire farmers; over the years Asda became Britain’s best value food and clothing superstore. On 26th July 1999 Asda superstore merged with one of the largest food retailer’s in the world‚ Wal-Mart. throughout the UK‚ Asda has 245 stores‚ 19 depots‚ 109‚000 colleagues and 2‚800 different suppliers. Asda’s
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PESTLE analysis PESTLE stands for - Political‚ Economic‚ Sociological‚ Technological‚ Legal‚ and Environmental. A PESTLE analysis is a useful tool for understanding the ‘big picture’ of the environment in which an organisation is operating. Specifically a PESTLE analysis is a useful tool for understanding risks associated with market (the need for a product or service) growth or decline‚ and as such the position‚ potential and direction for an individual business or organisation. A PESTLE analysis
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Decisions of Hotel Industry subject to Judicial review. Hotel industry Industry Analysis - Hotels‚ Motels‚ And Other Lodging Places The purpose of this study is to analyze the premium segment of the hotel industry. In this regard‚ we used primary data to focus on two hotels within the groups discussed to understand the relative importance of the strategic dimensions. Based on the positioning obtained‚ we have tried to understand the strategic groups operating in the industry and map them
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General Motor’s Strategic Analysis Factors affecting the Automotive Industry (PEST Analysis) 1. Political Laws and government regulations have affected this industry since the 1960s. Almost all of the regulations come from consumers increasing concerns for the environment and the concern for safer automobiles. 2. Economic The automobile industry has a huge impact on every country’s economy. According to variousstudies this industry is the major user of computer chips‚ textiles‚ aluminum‚
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