ipl-logo

Pestel Analysis Essay

1480 Words6 Pages

PESTEL Analysis
PESTEL analysis enables HSBC Bank Malaysia Berhad to know the factors that affect its future direction as well as allow it to understand and determine its business position in banking industry in Malaysia. The factors which are included in the PESTEL framework are political, economic, social, technological, legal and environmental factors. In this part, PESTEL analysis will be used to analyse what macro-environmental factors HSBC Bank Malaysia Berhad faces in Malaysia’s banking industry currently and how will they influence its decision making. The six factors in PESTEL framework mentioned above are listed and explained as below:
Political
In order to run its business operation effectively in Malaysia, HSBC Bank Malaysia Berhad …show more content…

In Malaysia, higher level of education are becoming more popular and important as compared to last few decades, it indicates that future customers will be having more and better knowledge about banking industry as well as its related activities. Therefore, HSBC Bank Malaysia Berhad should emphasize on these future customers. Corporate Social Responsibility (CSR) is also one of the social factors. CSR can be defined as the voluntary activities ran by a company for the welfare of both environment and society. For example, HSBC Bank Malaysia Berhad provides scholarships to the youngsters who are potential with leadership skills and it also contributes in solving environmental issues by holding “HSBC Water Programme”, “Southeast Asia Rainforest Research Project” and others. By having CSR programmes, it would lead HSBC to have a good image and this encourages investors to invest in it. Since investors think that their fund invested would also be contributed for welfare activities, it would increase the willingness of investors to invest in HSBC. This would then directly help HSBC to earn profit and indirectly improve its relationship with

Show More
Related

  • Essay On Tangerine

    742 Words  | 3 Pages

    Imagine moving away from home, changing schools, and having a family that won’t even give attention when needed. Paul goes through all of this, and he is left to make decisions that will change his life forever. Three choices Paul goes through are, changing schools, tattling on Tangerine Middle School soccer players, and informing the police about Arthur and Erik’s wrong doings. In the novel, Tangerine by Edward Bloor, Paul moves from Houston Texas to Tangerine Florida, and the first five months are filled with decisions and chaos. The choices made by Paul, and the consequences of those choices, affect the development of his character.

    Read More

  • PESTLE Analysis: The Pestle Analysis Of Alphabet Games

    1368 Words  | 6 Pages

    PESTLE analysis : Is a shortcut of six words which is political , Economic , Social , Technological , Legal and Environmental .Usually this concept used in marketing .Also it used as a tool by organization to track the environment they are operating in or are planning to new project or service .Moreover it used to assess the four external factors with regard to the situation of the organization's business ,and how it will effect in the business over long term. Political factors: This factor looks at how government regulations and legal issues affect a business's chance to be profitable and successful.

    Read More

  • Pest Analysis Of Argos

    2674 Words  | 11 Pages

    In this segment we will discuss about the external forces of the company that are not controllable (Keegan and Keegan, 1989). PESTLE analysis will be an effective tool here to analyze the factors. 2.1.1 PESTLE Analysis PESTLE is a very effective macro environmental tool containing six important factor. Political Factors In India political factor is very vulnerable.

    Read More

  • Sainsbury's International Strategy

    1086 Words  | 5 Pages

    Report 1 1. Introduction The first supermarket of Sainsbury’s was established in 1869 by John and Mary Ann Sainsbury. Sainsbury’s is a multinational corporation (MNC) located in the UK. Its chain was Britain’s oldest remaining main food retailer and a leading food retailer in the UK and the US. “It also operated in financial service and real estate” (Sebora, T., Rubach, M. and Cantril R., 2014).

    Read More

  • The Cheese And The Worms Analysis

    1297 Words  | 6 Pages

    The Cheese and the Worms by Carlo Ginzburg lets us understand the life and times of a miller, from the rural mountain town of Montereale, made to stand trial for his views on God and religion. In this story, we are able to see how the life of a commoner does not need to be shown in statistics. Through the lens of Menocchio’s trial documents we have the ability to see how one man saw the world and how he interacted with others in his small town. Through his interactions with other citizens of his time we are able to draw conclusions on the world around him. Stories such as Menocchio’s give us an important understanding on relationships in cultures lost to history.

    Read More

  • Pest Analysis Of Victoria Secret

    1466 Words  | 6 Pages

    We will now be doing a more detailed analysis on these six PESTEL factors. PESTEL refers to the Political, Economic, Social, Technological, Environmental and Legal forces,

    Read More

  • Pestle Analysis Essay

    1412 Words  | 6 Pages

    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.

    Read More

  • Essay On Pesticides

    1817 Words  | 8 Pages

    Pesticides and How it Works Abstract: A pest is "a plant or creature unfavorable to people or human concerns". Pesticide is Chemical or natural substance intended to slaughter or retard the development of pests that harm or meddle with the development of products, bushes, trees, timber and other vegetation coveted by people. Keywords: Antimicrobials, Antimicrobials, Herbicides Introduction:

    Read More

  • Political And Environmental Factors That Affect The Airline Industry

    885 Words  | 4 Pages

    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.

    Read More

  • PESTLE Analysis Of Zapp's Potato Chips

    746 Words  | 3 Pages

    The PESTLE analysis helps a business know the six forces that have huge impacts on its business in a particular industry. A PEST analysis helps companies measure current and future markets. The importance of each part in PEST Analysis will change depending on the various industry segments. For instance, particular companies will emphasize certain elements that pertain more so to there industry than others. Political/Legal Factors -Concerning the legal and political factors, all categories of laws have to be respected in every area the business is operating in such as employment law, import/export law etc.

    Read More

  • Political Factors Of Starbucks

    726 Words  | 3 Pages

    Part A. The primary externals influences to Starbucks PESTEL describes a framework of macro-environmental factors used in the environmental factors component of strategic management. PESTEL analysis includes some several factors: political, economic, social, technological, legal and environmental factors. This report analyzes the factors which have main impact on Starbucks. 1.

    Read More

  • Pestel Analysis Of Advertising

    1564 Words  | 7 Pages

    Francis Aguilar (1967) is the first known reference to the origin of the PESTEL analysis. In his study known as Scanning the Business Environment, he studied the environmental factors that affect business environment and come up with the first acronym ‘ETPS’ which meant the Economic, Technical, Political and social factors (Aguilar, 1967). Later Arnold Brown (1967) focused on the study and came up with a new perspective towards the study of social-technical, economic, political, and ecological (STEPE) factors. In 1980, Porter among other authors scanned the business environment and came up with the current acronym PESTEL meaning political, economic, social, technological, legal, and environmental factors (FME, 2013). According to Collins (1997),

    Read More

  • Strengths And Weaknesses Of The Banking Industry

    976 Words  | 4 Pages

    I would frame the banking as an industry that is built on trust. Trust that is reaffirmed by the governments, and regulators. Banks have an imperative role in our economic growth, and development. Correspondingly, without the bank industry, there is no industry to replace them as the conduit for social and economic policy. Equally important, there is no industry to replace them as the key performer in creating our economies multiplier effect.

    Read More

  • Pestle Analysis Of Maybank Malaysia

    709 Words  | 3 Pages

    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.

    Read More

  • Pestel Analysis Of Starbucks

    879 Words  | 4 Pages

    2.0 PESTEL ANALYSIS
A PESTEL Analysis is a marketing framework to analyse how an organisation is being impacted by a wide range of external imperatives. 2.1 Political Local political factor has a less significant impact on Starbucks Singapore due to strong political stability in Singapore. Singapore is consistently ranked as the lowest political risk country in Asia since 2002 (Corrupt Practices Investigation Bureau, 2015). However, the political stability in the global market is highly important as Starbucks coffee is certified as an ethically traded coffee.

    Read More

More about Pestel Analysis Essay

Open Document