Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Help
Home >> Asia Case Research Centre >> Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship >> Pestel Analysis
Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution
Political Factor:
In the year 2011 and 2012, the corporate tax rate, business tax rate and basic tax rate had decreased which ultimately had an effect on the development of organisation profits. This unforeseen development in earnings will ultimately increase the charitable activities in Canada in order to enhance the business image and to advertise himself in an ethical method.
Economical Factor:
Due to the global financial crises in the year 2008 and 2009, the comparative growth of Gdp (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This declined does not provide the decline in the per capita earnings of Canadian individuals in the year 2012 from the year 2011 however the growth in per capita income have actually increased in reducing method which may not be the factor to the decline in charitable activities because the per capita income had actually grown in 2012 in comparison of 2011.
Social Factor:
As it has actually been chosen that the Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Solution will now target the elementary and high school kids to increase the charitable activities and donations in Toronto by 1.4 million Canadian dollars which are aged between 9 to 17 years of ages, their income is very low as they depend on their parents, took pleasure in the frozen treats and interested to supply the valuable contributions for the much better health of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis of Canada.
Technological Factor:
Due to the technological development in Canada, the small and business organisations will produce more in less expense which eventually lead towards the cost saving leading to more earnings and margins which may lead towards the more involvement in the charitable activities and an annual event such as Miracle Reward Day in orderto offer the important contributions for the better health of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Solution of Canada.
Strategies:
There are four alternative techniques whose execution will increase the charitable donations in Toronto, Canada by 1.4 million Canadian dollars in a year. These 4 alternative methods are:
The key problems dealing with by the business relate to the
1. Time restraint of 3 months to make and execute the method in Toronto, Canada
2. A continuous decline in the collection of donations on yearly basis
3. A decrease in the per store income in Toronto which have failed to raise contributions from here
4. A main focus of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Solution Foundation is towards the development ofloyalty programs and the structure of client relationships with prospective consumers of Miracle Reward Day
5. Some franchise owners are not showing their desire to participate in a yearly occasion day due to the think that their participation in Miracle Treat Day are resulting in the decrease of the revenues together with the not any major change prior to and after profits of their firms and organisations
PEST Analysis:
1. Franchise Rewards: By offering the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be produced through an annual occasion called Miracle Reward Day.
For this function, the hospital needs to start the Reward contest such as the first place prizeon the basis of the highest contribution, 2nd location prizeon the basis of the 2nd highest donation, 3rd place prize on the basis of the 3rd highest contribution, and much more. These rewards will motivate the franchise owners to participate more in the charitable activities in an annual occasion of Miracle Reward Day.
2. Loyalty Card: In order to establish and maintain more devoted consumers for Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Help to provide the valuable donations for the better health of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis of Canada, the hospital ought to develop the commitment card program for the blizzards to recognized commitment in consumers.
3. Schools: For the function to get the rapid boost in number of donations from the area of Toronto, hospital should consist of the number of schools located in Toronto to get involved inan yearly occasion such as Miracle Reward Dayto provide the important donations for the better health of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis of Canada.
Email Marketing: Using Email marketing needs to be carried out by the hospital to catch the number of schools and franchise owners to take part in an annual occasion such as Wonder Reward Dayto supply the valuable donations for the better health of Pestel Analysis of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Solution of Canada.
This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.