Pestel Analysis of Honda Innovation The Chinese Way Case Analysis

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Pestel Analysis of Honda Innovation The Chinese Way Case Study Help

Political Factor:

Pestel Analysis In the year 2011 and 2012, the corporate tax rate, company tax rate and basic tax rate had actually declined which ultimately had an influence on the growth of company revenues. This unforeseen growth in profits will ultimately increase the charitable activities in Canada in order to improve the company image and to promote himself in an ethical way.

Economical Factor:

Due to the international monetary crises in the year 2008 and 2009, the relative development of Gdp (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This decreased does not provide the decrease in the per capita income of Canadian people in the year 2012 from the year 2011 however the growth in per capita earnings have increased in decreasing way which may not be the factor to the decrease in charitable activities since the per capita income had grown in 2012 in comparison of 2011.

Social Factor:

As it has been decided that the Pestel Analysis of Honda Innovation The Chinese Way Case Solution will now target the primary and high school children to increase the charitable activities and donations in Toronto by 1.4 million Canadian dollars which are aged between 9 to 17 years old, their income is really low as they depend on their moms and dads, enjoyed the frozen treats and interested to provide the important contributions for the better health of Pestel Analysis of Honda Innovation The Chinese Way Case Help of Canada.

Technological Factor:

Due to the technological development in Canada, the little and business companies will produce more in less cost which ultimately lead towards the cost saving resulting in more earnings and margins which may lead towards the more participation in the charitable activities and an annual occasion such as Wonder Treat Day in orderto supply the valuable donations for the better health of Pestel Analysis of Honda Innovation The Chinese Way Case Help of Canada.

Strategies:

There are four alternative strategies whose implementation will increase the charitable donations in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative strategies are:

The crucial problems dealing with by the company are related to the
1. Time restriction of 3 months to make and implement the method in Toronto, Canada
2. A consistent decrease in the collection of donations on yearly basis
3. A decrease in the per store earnings in Toronto which have actually stopped working to raise contributions from here
4. A primary focus of Pestel Analysis of Honda Innovation The Chinese Way Case Analysis Structure is towards the development ofloyalty programs and the structure of consumer relationships with potential customers of Wonder Reward Day
5. Some franchise owners are not showing their determination to participate in a yearly occasion day due to the think that their involvement in Wonder Treat Day are resulting in the decrease of the revenues in addition to the not any significant change before and after incomes of their firms and companies

PEST Analysis:

1. Franchise Rewards: By supplying the rewards to franchise owners, the hospital will be able to raise as much funds as possible to be generated through a yearly event named Wonder Treat Day.
For this function, the hospital needs to begin the Reward contest such as the first place prizeon the basis of the highest contribution, second location prizeon the basis of the second greatest contribution, third place prize on the basis of the 3rd highest contribution, and much more. These prizes will inspire the franchise owners to participate more in the charitable activities in a yearly occasion of Wonder Treat Day.
2. Commitment Card: In order to establish and maintain more faithful consumers for Pestel Analysis of Honda Innovation The Chinese Way Case Help to supply the valuable contributions for the much better health of Pestel Analysis of Honda Innovation The Chinese Way Case Help of Canada, the hospital should develop the loyalty card program for the blizzards to established loyalty in consumers.
3. Schools: For the function to get the fast boost in number of donations from the area of Toronto, hospital must include the number of schools located in Toronto to get involved inan annual occasion such as Wonder Treat Dayto supply the important contributions for the much better health of Pestel Analysis of Honda Innovation The Chinese Way Case Analysis of Canada.
Email Marketing: Making use of Email marketing should be implemented by the hospital to capture the variety of schools and franchise owners to participate in an annual event such as Wonder Reward Dayto supply the important donations for the much better health of Pestel Analysis of Honda Innovation The Chinese Way Case Solution of Canada.

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