Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Analysis
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Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Study Help
Political Factor:
In the year 2011 and 2012, the corporate tax rate, organisation tax rate and basic tax rate had decreased which ultimately had an impact on the growth of service revenues. This unanticipated growth in earnings will eventually increase the charitable activities in Canada in order to enhance the business image and to advertise himself in an ethical way.
Economical Factor:
Due to the worldwide financial crises in the year 2008 and 2009, the comparative growth of Gdp (GDP) rate in Canada had declined in the year 2012 form the year 2011. This decreased does not provide the decline in the per capita earnings of Canadian people in the year 2012 from the year 2011 but the growth in per capita earnings have increased in decreasing method which may not be the factor to the decrease in charitable activities due to the fact that the per capita income had actually grown in 2012 in contrast of 2011.
Social Factor:
As it has been chosen that the Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Analysis will now target the elementary and high school children to increase the charitable activities and donations in Toronto by 1.4 million Canadian dollars which are aged in between 9 to 17 years old, their income is really low as they are dependent upon their moms and dads, delighted in the frozen deals with and interested to provide the important contributions for the better health of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Solution of Canada.
Technological Factor:
Due to the technological development in Canada, the small and business companies will produce more in less expense which eventually lead towards the expense conserving resulting in more profits and margins which may lead towards the more involvement in the charitable activities and an annual occasion such as Miracle Reward Day in orderto supply the valuable donations for the much better health of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Help of Canada.
Strategies:
There are 4 alternative strategies whose implementation will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative strategies are:
The essential issues facing by the company belong to the
1. Time constraint of 3 months to make and execute the strategy in Toronto, Canada
2. A constant decline in the collection of contributions on yearly basis
3. A decline in the per store earnings in Toronto which have failed to raise donations from here
4. A primary focus of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Help Foundation is towards the advancement ofloyalty programs and the structure of customer relationships with prospective customers of Miracle Reward Day
5. Some franchise owners are disappointing their desire to take part in a yearly event day due to the think that their involvement in Miracle Treat Day are leading to the reduction of the revenues along with the not any significant modification before and after profits of their companies and businesses
PEST Analysis:
1. Franchise Rewards: By supplying the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be created through an annual event named Miracle Reward Day.
For this purpose, the hospital ought to begin the Prize contest such as the top place prizeon the basis of the highest donation, 2nd place prizeon the basis of the 2nd greatest donation, third place reward on the basis of the 3rd highest donation, and a lot more. These prizes will motivate the franchise owners to get involved more in the charitable activities in an annual event of Miracle Reward Day.
2. Commitment Card: In order to develop and preserve more devoted consumers for Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Solution to supply the important contributions for the better health of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set 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 rapid boost in variety of donations from the area of Toronto, hospital needs to include the variety of schools located in Toronto to take part inan yearly event such as Miracle Reward Dayto supply the valuable donations for the much better health of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Analysis of Canada.
Email Marketing: The use of Email marketing must be executed by the hospital to capture the variety of schools and franchise owners to participate in a yearly occasion such as Miracle Reward Dayto provide the valuable donations for the better health of Pestel Analysis of Seiko Watch Corporation Moving Upmarket Case Study And Video Boxed Set Case Help of Canada.
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