Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Help

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Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help

Political Factor:

Pestel Analysis In the year 2011 and 2012, the business tax rate, service tax rate and basic tax rate had decreased which ultimately had an influence on the development of business profits. This unforeseen development in revenues will ultimately increase the charitable activities in Canada in order to improve the business image and to market himself in an ethical method.

Economical Factor:

Due to the global financial crises in the year 2008 and 2009, the relative growth of Gdp (GDP) rate in Canada had decreased in the year 2012 form the year 2011. This declined does not present the decrease in the per capita income of Canadian people in the year 2012 from the year 2011 but the growth in per capita income have increased in decreasing method which may not be the reason to the decrease in charitable activities due to the fact that the per capita earnings had actually grown in 2012 in comparison of 2011.

Social Factor:

As it has actually been decided that the Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis will now target the elementary and high school children to increase the charitable activities and contributions in Toronto by 1.4 million Canadian dollars which are aged between 9 to 17 years of ages, their income is really low as they depend on their moms and dads, took pleasure in the frozen treats and interested to provide the valuable donations for the much better health of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis of Canada.

Technological Factor:

Due to the technological improvement in Canada, the small and business organisations will produce more in less cost which eventually lead towards the expense conserving resulting in more profits and margins which may lead towards the more participation in the charitable activities and an annual event such as Miracle Reward Day in orderto provide the valuable donations for the much better health of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Solution of Canada.

Strategies:

There are 4 alternative strategies whose application will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative strategies are:

The essential problems facing by the company belong to the
1. Time restriction of 3 months to make and implement the technique in Toronto, Canada
2. A consistent decrease in the collection of contributions on annual basis
3. A decline in the per shop earnings in Toronto which have actually stopped working to raise donations from here
4. A main focus of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Solution Foundation is towards the advancement ofloyalty programs and the structure of customer relationships with potential clients of Wonder Reward Day
5. Some franchise owners are not showing their determination to take part in an annual occasion day due to the think that their involvement in Miracle Treat Day are leading to the decrease of the earnings in addition to the not any major change before and after earnings of their companies and services

PEST Analysis:

1. Franchise Incentives: By providing the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be created through an annual event called Wonder Reward Day.
For this function, the hospital should start the Reward contest such as the first place prizeon the basis of the greatest donation, 2nd location prizeon the basis of the 2nd highest contribution, 3rd place reward on the basis of the third highest donation, and much more. These prizes will encourage the franchise owners to participate more in the charitable activities in a yearly occasion of Wonder Reward Day.
2. Commitment Card: In order to establish and preserve more devoted clients for Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis to supply the important contributions for the better health of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis of Canada, the hospital ought to develop the loyalty card program for the blizzards to established commitment in clients.
3. Schools: For the purpose to get the rapid increase in variety of contributions from the area of Toronto, hospital must consist of the variety of schools found in Toronto to get involved inan yearly occasion such as Miracle Reward Dayto supply the valuable contributions for the much better health of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis of Canada.
Email Marketing: The use of Email marketing ought to be carried out by the hospital to capture the variety of schools and franchise owners to participate in an annual event such as Wonder Reward Dayto provide the important contributions for the better health of Pestel Analysis of Issues Facing Smes In Hong Kong A Conceptual Framework Case Analysis of Canada.

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