Personal development paper essay example Pest analysis for the body shop Vodafone, Vodafone recognised the infrastructural and communication situation in Kenya very well. World Population Review - Poland Population These attracted a certain costumer group that was looking for cosmetic products that were sources and produced socially and environmentally responsible. Internally it needs to be considered how information governance and data protection elements that need to be observed, how is any test data used during testing treated. Harrin, a These forces are highly likely to influence and change the structures of projects, industries or markets.
Introduction The PESTLE analysis is a planning tool to strategically evaluate the effects of external factors on a project or the external environment of a company.
This kind of analysis is a crucial phase within the Project Planning Process. The model of the PESTLE analysis may not only be used for the evaluation of companies, industries or entire nations but even more importantly for individual projects.
It is of importance that only external factors are taken into consideration on which the company and the industry have no immediate influence. It shows which factors were of particular importance in the past, to what extent this could change in the future and what the implications on the project, company or the entire industry may be.
As business changes does the economy and the environment which implies the constant risk of a project's scope being influenced by external factors. Harrin, a These forces are highly likely to influence and change the structures of projects, industries or markets. For example, the reduction of regulatory and trade Pestel the body shop, improving communications technology, increasing competitive pressure on domestic markets and increasing convergence of consumer needs can be driving forces for globalization.
Political Factors The most important factors of the political environment for businesses are the organization and stability of the political system of a region. That particularly includes stability and reliability of political institutions and their role in the design of economic life, e.
With regards to projects the internal political factors that need to be considered, like in-team conflicts, cohesive projects, and personal interests, can be influenced and managed by the project manager and the stakeholders Dcosta, contrary to the external ones which must be followed mandatorily.
These affect the company in the form of demand, competition, cost pressures, investment climate and investment risk due to the uncertainty about expected returns. To understand the future development of the economic environment factors requires that factors such as financial policy, economic policy and monetary policy, the structure of capital markets, infrastructure, availability of production factors, etc.
Questions regarding the budget and a contingency may be asked as well as the sponsor's attitude towards budgetary tolerance. Socio-Cultural Factors Social factors include characteristics like population composition and demographic change, income distribution, social mobility, lifestyle, work and leisure time management, consumer behaviour, level of education, and even religious beliefs but as well values, attitudes and behaviours of people that might be future employees, customers, suppliers or other stakeholders in relation to the company, that need to be considered.
Rising environmental and health awareness and individualization may be important processes in a society to be considered.
The Body Shop emphasises on positive social and environmental through campaigns with five core values of Activate Self Esteem, Protect Our Planet, Against Animal Testing, Support Community Trade and Defend Human Rights (Our Values: The Body Shop International plc, ). Best Body shop must comply with legal standards stipulated by European Union and UK laws. Specifically, Kew & Stredwick () highlights that the UK laws stipulate that the shop must conform to requirements for minimum wage payments, legislation for fair marketing, hiring, compensation, and equal treatment of all employees. Pestel Analysis of the Body Shop Case Study Pestel Analysis of the Body Shop and over other 29,+ free term papers, essays and research papers examples are available on the website!. Autor: people • November 21, • 4/4(1).
Questions may arise like how changes in the age structure would affect the business, are there new social security regulations due or are there new trade union strategies in sight which might affect the business; these are questions which should be answered beforehand.
Project-wise these factors are more internally focused as they would consider for example the structure of a project team, age structure, training needs or the morale of a team. Why did they chose Poland and not any of the other eastern European countries like Hungary, Czech Republic or Slowakia?
Politically Poland had already developed a stable parliamentary democracy, neither did they face ethnic strife nor border disputes and an Association Agreement with the European Union was already signed.
The Polish government recognized that to drop its former communist image and to look forward to the Western market with a proactive commercial setting, major changes in culture and attitude would be required.
One way in which this could be addressed, was the promotion of the establishment of companies from Western Europe. The already existing good political ties with Great Britain, where also a significant Polish community of aboutresidents existed at that time were just a positive complementation for that.
Economically Cadbury Schweppes chose Poland, as amongst the countries above they had with 38 million the largest population WPR, which meant for Cadbury Schweppes a broad consumer base which as well was already strongly western oriented.
At this time, none of the major western confectionery products manufacturer had yet opened a branch in Poland.
Also the investment prospects in Poland were excellent there at that time. Although having been under communist regime for 45 years, the private business sector was still very presentable.
From a socio-cultural view Poland as well presented itself as a distinguished target.
Statistically the population size was predicted to stay stable. The local labour market was very well trained and offered skilled workers. A decisive reason was finally that in Poland the per capita chocolate consumption in comparison to the rest of Eastern Europe was considerably high.
Figure 2 - Confectionary: Ranking of Per Capita Consumption The TimesThis continuously and still rapidly changing political positive factors, the positive presentation of the economic landscape and the welcoming socio-cultural picture were key reasons for Cadbury Schweppes' decision to choose the emerging Polish market for their expansion.
Technological Factors The information and communication technology has revolutionized work processes in businesses and caused huge efficiency gains.
E-business has changed the unwinding of transactions but as well opened ways to completely new business models. This means that a company has to master additional technologies that have appeared unimportant in the past.
Important factors to be considered are not only the basic infrastructure level, location-wise the presence of technology clusters, such as Silicon Valley Haughey,but as well the Internet and Communication infrastructure.
Jurevicius, In terms of projects the technological factors to consider refer as well to changes in scope with new developments arising but as well brings up questions like the technological team support or the technological constraints the team needs to work in and what technology is to be deployed as part of the project.
Vodafone, Vodafone recognised the infrastructural and communication situation in Kenya very well. Due to these conditions small businesses find it hard to operate.
Vodafone realised early that this wasn't about developing new technology, it was about a new application of existing technology. The rapid growth in the telecommunications industry in Africa has not only brought significant benefits to the wider economic development as for example a stimulation of the economic situation at the micro level and a continuous increase in trade particularly on a rural level but furthermore Vodafone benefits of a stable economy which improves the long-term planning on the African continent.
Legal Factors The legal framework is defined at the local, regional, national and supranational level. This includes the legal standards that affect companies operating in the region incorporating legal rules of corporate governance, taxation, liability of producers and labour legislation as well as investment, environmental protection and patent regulations and legal approval procedures or the enforcement of patent claims.
Internally it needs to be considered how information governance and data protection elements that need to be observed, how is any test data used during testing treated.Best Body shop must comply with legal standards stipulated by European Union and UK laws. Specifically, Kew & Stredwick () highlights that the UK laws stipulate that the shop must conform to requirements for minimum wage payments, legislation for fair marketing, hiring, compensation, and equal treatment of all employees.
Pest analysis for the body shop.
Vodafone, Vodafone recognised the infrastructural and communication situation in Kenya very well. World Population Review - Poland Population These attracted a certain costumer group that was looking for cosmetic products that were sources and produced socially and environmentally responsible.
The Body Shop is known for being the pioneer on the green cosmetics market and it gained a lot of publicity with its social commitment. (Van de Ven, Nijhof and Jeurissen, , p) "Starting the business of The Body Shop in was a . Pest Analysis Of The Body Shop Essays and Term Papers Search Results for 'pest analysis of the body shop' Body Shop International Case Summary The Body Shop International Case Is An Interesting Case Study Into The Miscommunication Of.
The Body Shop is one of the fastest growing emerging economies in the world. The Body Shop company - 3rd cosmetic market worldwide in with billion USD sales. Exchange rate. Best Body shop must comply with legal standards stipulated by European Union and UK laws.
Specifically, Kew & Stredwick () highlights that the UK laws stipulate that the shop must conform to requirements for minimum wage payments, legislation for fair marketing, hiring, compensation, and equal treatment of all employees.