PEST analysis Essays

  • Pest Analysis Of PEST Analysis In Business

    965 Words  | 4 Pages

    What is PEST analysis? PEST is an acronym for Political, Economic, Social and Technological. This analysis is used to assess these four external factors in relation to your business or company situation. Basically, a PEST analysis helps you determine how these factors will affect the performance of your business in the long-term. It is often used in collaboration with other analytical business tools like the SWOT analysis and Porter’s Five Forces to give a clear understanding of a situation and related

  • PEST Analysis: The Pest Analysis Of Starbucks

    1714 Words  | 7 Pages

    PEST Analysis: PEST scrutiny is a instrument that can assistance associations making strategies by helping them comprehend the external nature in that they work nowadays and will operate in the future. It is a method of scrutinizing the countless disparate external factors affecting an association - the beyond influences on accomplishment or failure. PESTLE stands for: Political - The current and potential influences from political pressures. Economic - The local, national and world economy impact

  • PEST Analysis: Macro Pest Analysis Of Google Inc

    741 Words  | 3 Pages

    PEST Analysis of Google Inc. PEST analysis is used to determine the political, economical, social and technological factors in an external environment of an organization. These factors affect an organizations activities and performances. After researching Google’s macro economical factors using the PEST analysis model, the following was concluded: 1. Political Factors: Government stability is one of the major aspects in Google 's strategy. If the market is stable, governments help businesses and

  • Pest Analysis In Pakistan

    878 Words  | 4 Pages

    12. Pest Analysis: A Pest analysis is a business measurement tool. Pest is an acronym for Political, Economic, Social, Environment and Technological factors, which are used to assess the market for a business or organizational unit.  Political Factor: Pakistan over the last few years has had a major impact on the economic, political and social well-being of the country. The crisis is the most palpable to an average citizen of the country in terms of its direct and trick lets down effect. There

  • Maxis Pest Analysis

    1306 Words  | 6 Pages

    PEST Analysis A PEST analysis is normally used as a business measurement tool where the word PEST defines the acronym for Political, Economical, Social and Technological factors. They usually use in accessing the market for a business or an industry. PEST analysis of Maxis will be done according to its factors. Political issue results in the government policies about the registration for their SIM Cards. In 2008, the government made an announcement that all the Telco users are compulsory to register

  • Importance Of Pest Analysis In Business

    1182 Words  | 5 Pages

    PEST analysis stands for political, Economic, Social and Technological analysis is a framework designed to study and analyze the macro business environment or the external environment of a firm in which it has to operate or is currently operating. It studies the macro forces that operate or determine the business environment at large. Many researchers and organizations while carrying out a market research or formulating a strategy or doing a strategic analyses use PEST analysis as a part of it. The

  • Pest Analysis Of Mahligai Wedding

    1834 Words  | 8 Pages

    A popular technique for identifying these external factors is PEST analysis which can help to consider political, economic, social, and technology issues (Team FME, 2013). This PEST analysis is based on is the result of literature review and FGD with chiefs in Mahligai Wedding. It analyze those external conditions and the implications to Mahligai Wedding. Political It is always advisable to keep pay attention to the changes in the government. It cannot be denied if there can be big implication

  • Mas Airlines Pest Analysis

    1541 Words  | 7 Pages

    influence on the firm performance. Therefore, a PEST analysis has been used by MAS airlines to measure the market. By using the PEST analysis, MAS airlines will link the entire four forces that may influence their business in general and competitive environment. These four external environment forces are political/legal segment, economics segment, sociocultural segment, and technological segment. MAS airlines will do the general environmental analysis by gathering all the data and information

  • Coca Cola Pest Analysis

    1194 Words  | 5 Pages

    PEST ANALYSIS PEST analysis is a popular method that focuses in the external factors of the business and the environment where it operates. PEST stands for Political, Economic, Sociological and Technological. All of them examine the changes in the marketplace. While PEST analysis is the macro environment or external environment, they are the factors which are external that will affect the organization it can be new laws, trade barriers, demographic change and government policy changes etc. Political

  • PEST Analysis: A Longitudinal Model Of Dropout

    1612 Words  | 7 Pages

    2.1. Chapter Introduction This chapter describes the theories related to the problem scenario PEST Analysis PEST is an acronym for political, economic, social, and technological factors that commonly affect business activities and performance. Political Environment In the identified project political environment can be identified as the current government policy regarding the education, and regulations. Economic Environment Economic factor examines the outside economic issues that can play a role

  • The PEST Analysis Of Coca-Cola

    1520 Words  | 7 Pages

    PEST PEST is a tool that helps analyze features and changes in the external macro-environment that a company operates in (PEST Analysis, n.d.). The acronym stands for political, economic, socio-cultural and technological. There are several benefits to conducting a PEST analysis which include raising awareness of threats, discovering business opportunities and provided the big picture of a business environment (Carrying Out a PEST Analysis, n.d.). Unlike Porter’s Five Forces, which primarily focused

  • PEST Analysis: Pest Analysis Of Groupon

    3260 Words  | 14 Pages

    KCOM 329 PORTFOLIO N.M. MNCUBE 23902078 31 October 2014   PEST analysis of Groupon Political Tax policies Government stability Trade legislation Political alliances within the countries Economic Developed versus developing countries Recession Currency fluctuating Interest rates Level of employment Social Ageing population Differences of culture Life style Wealth distribution Customers purchasing habits Technological Dealing with smart phones or android Internet business flexibility Rate

  • PEST Analysis: Pest Analysis In Pakistan

    1262 Words  | 6 Pages

    Pest Analysis PEST is an acronym for Political, Economical, Social and Technological factors which will affect the organizations outcome in the long run. It is an analytical business tool used in determining the organizations position with these external factors. P – POLITICAL Foreign Trade Regulations is a factor that is followed by Natures Secret when it comes to exporting goods to other countries. They have to have authority and clear all trade restrictions with the government to export. And

  • PEST Analysis And Pest Analysis Of Mo Kong

    1024 Words  | 5 Pages

    PEST analysis In order to achieve great performance a company needs to be aware of how vary factors affect the industry in which it operates. In this report we are talking about the Danish company Cult, more specifically its brand Mokai. The company operates in the beverage industry, therefor we are going to take a look at some important factors affecting this sector, as following: political factor, economic factor, socio-cultural factor and technological factor. These external macro environmental

  • Tesco Pest Analysis

    884 Words  | 4 Pages

    PEST is an acronym for political, economic, social, technological analysis. Business should understand the four factors to get the most out of a PEST analysis. This analysis is used to assess these four external factors in relation to your business situation. This investigation is utilized to survey these four outside elements in connection to your business circumstance. Political Political refers to how government system and legal subject have an affect on a company’s capability to be gainful and

  • Nike Pest Analysis

    914 Words  | 4 Pages

    INDEX Page # Introduction of Nike, Inc 1. SWOT ANALYSIS OF NIKE 2. STRENGTHS a. Product Innovation b. Strong Global Brand c. Low Cost Manufacturing with Strong Cash Flow d. Global Presence and Influence e. Proficient Leadership 3. WEAKNESSES a. Excessive Dependence on Footwear b. High Prices of its Products c. High Prices of its Products d. High Advertising Spending 4. OPPORTUNITIES a. Explore Emerging Markets b. The Rise of e-Commerce Trade c. Product Expansion d. Initiatives Towards Better Environment

  • Nike: PEST Analysis Of Nike

    1774 Words  | 8 Pages

    PEST Analysis PEST analysis refers to all the macro-environmental factors that are necessary for strategic management. It is an acronym which when expanded includes six factors when the company is contemplating to launch or upgrade a service or a product. The factors are: o Political o Economic o Social o Technological The importance of all these factors is different for different companies or industries but comprehensively they play a crucial role in deciding the future action of every organization

  • The Pest Analysis Of Nike

    2163 Words  | 9 Pages

    Macro Environment Analysis Pest Analysis is used to analysis external macro environment that offers opportunities or threats to a company (Kolter and Armstrong, 2008). The PEST analysis is all generally considered to be an uncontrollable environment which out of the company control. PEST standing for Political, Economic, Social, and Technological. Political Analysis The growth-orientated policies of the US government help companies foster the business growth. In this context, US policies offer

  • Pest Analysis Of Nordstrom

    878 Words  | 4 Pages

    (P2.2) It is important that Nordstrom knows in what environment they work in when launching a new store therefore, an environmental audit gives an idea and figure in which the company operates or work. This can be done by a PESTLE analysis. Political Factors Political factors play a significant role in determining the factors that can impact Nordstrom 's long term profitability in a certain country or market. Nordstrom is operating in apparel stores in more than dozen countries and exposes itself

  • Pest Analysis Of Supermarkets

    837 Words  | 4 Pages

    Political The current government can greatly influence the performance of EUROSPAR Supermarkets. The government has direct control over tax rates, acts of legislation, job creation-employment. Some examples of issues the government can address are wages, interest rates, and inflation and VAT rates. Another Factor within the budget that can affect the Supermarkets is the VAT rate and excise duty within the Alcohol category. The area of alcohol selling within the Supermarkets is a very contentious