PEST Analysis Examples – Management Notes – For W.B.C.S. Examination.
কীটপতঙ্গ বিশ্লেষণের উদাহরণ – ম্যানেজমেন্ট নোট – WBCS পরীক্ষা।
Continue Reading PEST Analysis Examples – Management Notes – For W.B.C.S. Examination.
PEST analysis example
Political |
Economic |
- Government has passed legislation which requires further reductions of CO2, HC and NC emissions for vehicles until 2015
- New political forces, which are against tax reductions, may be elected in the next years’ elections
- Import restrictions will increase in 2013
- Government is increasing its funding to ‘specific’ industry
- Government is easing regulations for employment
- Increasing tensions between our government and our major export partner’s government
|
- GDP will grow by 3% in 2013
- Availability of credit for businesses will slightly grow or remain unchanged in 2013. The same applies for the cost of credit in the 1 half of the year
- Unemployment is expected to decrease to 7%
- Inflation will fall to 3% or 2% in 2013
- Corporate tax rate will decrease by 2% next year to 23%
- Dollar exchange rates are expected to decrease compared to euro
- Disposable income level will decrease
- Metal and oil prices will increase by 5% and 6% respectively in 2013
|
Socio-cultural |
Technological |
- Positive attitude towards “green” vehicles
- Number of individuals and companies buying through the Internet is 67% and 45% respectively and is expected to grow
- Immigration is increasing
- Increasing attitude toward jobs with shorter work hours
- People tend to buy more domestic rather than foreign products
- People change their eating habits and now tend to eat healthier food
|
- New machinery that could reduce production costs by 20% is in development
- Country’s major telecom company announced its plans to expand its internet infrastructure and install new optic fiber cables
- Driverless cars may be introduced in the near future
- “New” type of table will be introduced into the market next year
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PEST analysis template
Political factors |
Economic factors |
- Government stability and likely changes
- Bureaucracy
- Corruption level
- Tax policy (rates and incentives)
- Freedom of press
- Regulation/de-regulation
- Trade control
- Import restrictions (quality and quantity)
- Tariffs
- Competition regulation
- Government involvement in trade unions and agreements
- Environmental Law
- Education Law
- Anti-trust law
- Discrimination law
- Copyright, patents / Intellectual property law
- Consumer protection and e-commerce
- Employment law
- Health and safety law
- Data protection law
- Laws regulating environment pollution
|
- Growth rates
- Inflation rate
- Interest rates
- Exchange rates
- Unemployment trends
- Labor costs
- Stage of business cycle
- Credit availability
- Trade flows and patterns
- Level of consumers’ disposable income
- Monetary policies
- Fiscal policies
- Price fluctuations
- Stock market trends
- Weather
- Climate change
|
Socio-cultural factors |
Technological factors |
- Health consciousness
- Education level
- Attitudes toward imported goods and services
- Attitudes toward work, leisure, career and retirement
- Attitudes toward product quality and customer service
- Attitudes toward saving and investing
- Emphasis on safety
- Lifestyles
- Buying habits
- Religion and beliefs
- Attitudes toward “green” or ecological products
- Attitudes toward and support for renewable energy
- Population growth rate
- Immigration and emigration rates
- Age distribution and life expectancy rates
- Sex distribution
- Average disposable income level
- Social classes
- Family size and structure
- Minorities
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- Basic infrastructure level
- Rate of technological change
- Spending on research & development
- Technology incentives
- Legislation regarding technology
- Technology level in your industry
- Communication infrastructure
- Access to newest technology
- Internet in
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