PEST Analysis Political Instability. The political situation of Pakistan is not satisfactory. Due to the rapid change in the Government every government sets its own new trade policies. Govt. should apply sustainable policies for the beneficial of the exporters as well as the investors. Economic situation: The economic condition of Pakistan can also affect the foreign investors increasing inflation rate make the cost of production high and thus reduce the profit margin of the investor. Social situation: The change in the lifestyle of the people affects the growing demand of the NTM products. The change in the lifestyle and needs in different demographics also affect the demand of the customers. Due to all these changes NTM is performing excellent …show more content…
Learning as internee It was a tremendous experience that I have availed with devotion and commitment. I have an interest in textile industry that’s because Textile is the back bone of the economy of the country. But one thing I want to share its not easy that looks it has a great toughness and complications in its process but the overall it was nice and great. Here I am sharing some of my learning regarding my internship in different departments. •First I met Mr. Yoshifumi Nariyama the sales representative of KANAI from JAPAN who came to introduce some new products in NML. I discussed about the marketing practices going on in the international Textile market. Ie to target your customer after knowing needs with product solution of the customer need. •In the spinning unit I have learnt about the yarn construction and the yarn specification and the process of cotton to yarn. •I learnt that every problem is solved with a systematic process like from the root of the problem. …show more content…
The effectiveness of its management, their willingness to take advantage of opportunities and face challenges of changing economic picture, this all contributes to the very much improved and sound position of company. This is really appreciable for the devotion and hard work of all the employees of the company Recommendations Recommendations for Improvements are: •At present facility of bonus is given only to production staff but such incentives should also be given to Head office Staff. •Special incentives should also be given to Head on Eid and on other special days should be given to the workers. •Medical facilities are given in mill but such facilities should also be given to management. •Different training courses should be arranged for the up lifting and improving the quality of work for employees •They provide transportation facility to only female employees I think male should also be provided with conveyance convenience. This will create the easiness for workers and reduce the wastage of time. •There is also a problem of work overload for the employees and it should be control properly so that the employees are motivated. •Employees should be paid extra for the work which they done after working
My suggestion is that since the company has made new ties with Whole Foods and Unilever and the partnerships have been financially successful for Greyston, they should think about expanding their product line to granola bars and other products and update their equipment design so that they can make Granola bars. Also working conditions and hourly wages can also affect the job satisfaction of the workers and which can lead to employees wanting to seek other jobs. The company should make changes in both these areas to ensure employees stay in the company for longer
The document also elaborates on the balance between the amount of money the company pays employees, how many hours they work, and
1. Introduction 1.1 Overview of the company “UPS” United Parcel Service of North America, mainly known and brand-named as UPS was founded in 1907. In 1907, there was a big necessity in United States of America for personal messenger, delivery and transportation services. To accomplish this need a 19-year-old James E. Casey established the American Messenger Company in Seattle. In 1919 the company adopted its present name, United Parcel Service.
Its objective is to retain and promote the best managers possible at every location to best influence the food and the customers positively. A unique method of staffing was enacted at Chipotle. The staffing structure ensured that the hourly employees could be promoted to better and higher paying positions and even into management. This career progression attracted and retained the best human resource talent and provided a motivating and positive career trajectory for lower-tier staff. The ability of managers to reward or withhold tangible and intangible rewards allows for the development of a meritocracy.
Their strengths are good food, reasonable price, high customer traffic, clean atmosphere, family run and operated. However, their weaknesses were; lack of management expertise, lack of accountability, inefficient human resources management skills, lack of innovation and therefore missed growth opportunity, and a hostile working
PESTLE ANALYSIS OF INDIA-BHP BILLITON (IRON ORE, COAL, COPPER AND URANIUM COMPANY) A PESTLE analysis is basically a framework that categorizes environmental influences as Political, fiscal, Social and Technological forces. The analysis examines the impact of each of these explanations (and their interplay with every different) on the business. Philip Kotler claims that PESTLE evaluation is a useful strategic tool for understanding market progress or decline, business position, advantage and path for operations. Political causes affecting trade specially revolve round taxes, import and export tariffs, environmental and labor legal guidelines, abilities subsidies, and the steadiness of a given operational area.
Some actions need to be carried out to improve the employability and also working conditions in low-status work. Government needs to improve access to good and non-hazardous jobs, expand on free trainings (skill acquisition) but most importantly, Government policies have to include provision of sustainable work, with fair hours and wages within a safe
It works through the different segments of the full scale environment and prompts the organization to look at the particular ranges in depth. PEST stands for Political, Economic, Social and Technological. PEST is useful tools to the organizations because it can help the organizations to determine the opportunities that the organizations have and inform the organizations about the threats that it face. It helps the organization to characterize the way the business is formed, so the organization could change
PESTEL analysis is a tool that is used to analyse an organisation’s macro-environment. Political Environment The incident of 9/11 has affected the airline industry adversely. The number of tourists to different countries has immensely decreased due to the fear of safety and security issues. On the other hand countries have put measures in place such as strict visa policies and border controls in an effort to combat terrorism attacks.
Bangladesh Sweatshops Introduction: People from low economic background are willing to accept poor working conditions, low wages and risks as any income is welcome to those who face poverty. Such is the case in Bangladesh where more than 5000 factories supply products to countries in Europe and America. Manufacturing of garments makes up the bulk of exports hence it is a vital part of the economic development of Bangladesh. Sweating for a T-Shirt Video: (A video by Global Exchange)-Followers of fashion are rarely aware of the conditions in which manufacturing is done.
Therefore, to the workers, working overtime would bring out results in not only monetary values but also emotional values of the satisfaction. This solution can only be made possible with the cooperation of the respective head departments to organize such valuable activities. Simple does not mean ineffective, simple works just
PESTLE The first factor to look at in a PEST analysis is the political aspect. Political issues vary from country to country. Guatemala is one of the countries that embrace the multiparty system with the framework of presidential representative. The president is both the head of state and the head of government.
Empower the workers. Allow them to comprehend that they are major. Place confidence in them trust and appreciate them. Supply them expertise and talents. Give suggestions on their efficiency and admire their work and preserve their morale high.
Pakistan is in serious danger because these problems are common here and with our internal and external enemies waiting to pound, the volcano can burst open any time causing the people and economy to suffer
PESTLE analysis is include of political, economic, social, technological, legal and environmental factors. PESTLE is a business tool that used by companies to track and analyse the macro environment in which the company operate. This tool is very useful which help in overall growth and development of organization after learning from the past mistake and working for future. The first factor is political factor which include such as law of land, taxation policies, rules and regulation, trade restriction and so on.