Pest Analysis Essay

The PEST analysis determines the macro environmental factors affecting the industry over the upcoming years. The analysis includes Political, Economic, Social and Technological factors affecting the industry. PEST analysis will determine the trends, developments, events that will improve or hinder the growth of the firms and also it attempts to reduce the gap between present and future aspirations of the firm. 1. POLITICAL-LEGAL FACTORS:  Government policy and budget Performance of banking sector

macro-environment. These factors eventually affect customer needs and potential size of target markets. Typical examples of social factors are health consciousness, population growth rate, age distribution and career growth rates. External Environment Analysis Shrimp mariculture is profitable, but the profits usually are not earned by those whose interests are threatened and whose immediate needs are

3.2 PEST: PEST analysis is an acronym that stands for political, economic, social and technological. This is evaluation of these factors effecting the performance of any organization. PEST analysis of allied bank are as follow: 3.2.1 Political: Political environment plays vital role in the progress of banking organizations. Pakistan despite all international and public thinking’s is a functioning democracy and gradually change in complexion and composition of legislatures with more educated people

We will analyze it through PEST analysis. Basically pest analysis is a framework of macro environmental factors on the basis of which we analyze about an industry. There are four major factors. Political: It is concerned with the political condition of that country whether the government is stable or not. What are the different policies which have been decided by the government regarding that sector. Other factors are tax controls, labor laws, consumer and environmental protection legislation etc

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

shopping. The department stores sales have been decline in the past decade due to competition with discount stores, specialty stores and the internet are making shopping so much easier. The industry is highly concentrate. II. PEST and 5 Forces Analysis To complete my PEST analysis, I collected data on the “Broder Environment” that will affect the industry in the long run. I analyzed the Political, Economic, Social and Technological. a) Political

PEST Analysis In order to cater for the target audience and the marketplace, the marketer will undertake a PEST analysis on that particular market place. Pest analysis is a simple yet beneficial study to undertake when for example a new product is being launched with specific needs and selling quality. PEST is an acronym, which stands for:  Political  Economic  Socio-cultural  Technology Political Monitoring the political legal environment means being alert to possible changes in legislation

1.0 Introduction Qantas Airways Limited was founded in Queensland in Australia in 1920, and it is one of the oldest airlines in the world. Qantas is the acronym of the Queensland and Northern Territory Air Services. It is the Australia’s largest airline and Australia’s national airline. Its parent company is Qantas Group. Qantas Group operates the Australian aviation industry, including aviation (stock limited liability company operating international routes and Australia), QantasLink, Jetstar (low-cost

INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection, using the four headings of a PEST analysis: political, economic, social and technological. Where such influences have more than one dimension, they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001, and

PEST ANALYSIS POLITICAL • The political factors have great influence on apple inc. which cannot be controlled by the organization. • The majority of the parts are manufactured in other countries which has a great influence on the company. • If the political relation between US and other countries where the manufacturing is done is not in good relation it will affect Apple Inc. • The company has to face the issues like tax regulation, import and export regulations etc. • For introducing new products