Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Analysis

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Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Study Solution

Political Factor:

Pestel Analysis In the year 2011 and 2012, the business tax rate, business tax rate and basic tax rate had declined which ultimately had an influence on the development of service earnings. This unexpected growth in revenues will eventually increase the charitable activities in Canada in order to improve the company image and to market himself in an ethical way.

Economical Factor:

Due to the international 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 individuals in the year 2012 from the year 2011 however the growth in per capita income have increased in reducing method which may not be the factor to the decrease in charitable activities due to the fact that the per capita earnings had actually grown in 2012 in contrast of 2011.

Social Factor:

As it has been decided that the Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Help will now target the elementary and high school kids to increase the charitable activities and contributions in Toronto by 1.4 million Canadian dollars which are aged in between 9 to 17 years of ages, their earnings is very low as they depend on their moms and dads, took pleasure in the frozen deals with and interested to offer the important donations for the better health of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Solution of Canada.

Technological Factor:

Due to the technological advancement in Canada, the small and business companies will produce more in less cost which eventually lead towards the expense saving leading to more revenues and margins which may lead towards the more involvement in the charitable activities and an annual event such as Wonder Treat Day in orderto provide the important donations for the much better health of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Solution of Canada.

Strategies:

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

The essential problems facing by the company are related to the
1. Time restraint of 3 months to make and carry out the technique in Toronto, Canada
2. A constant decline in the collection of donations on yearly basis
3. A decline in the per shop earnings in Toronto which have actually failed to raise donations from here
4. A primary focus of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Analysis Foundation is towards the development ofloyalty programs and the building of consumer relationships with possible customers of Wonder Reward Day
5. Some franchise owners are not showing their desire to take part in an annual event day due to the think that their involvement in Miracle Treat Day are leading to the reduction of the earnings along with the not any major change before and after incomes of their companies and services

PEST Analysis:

1. Franchise Incentives: By offering the incentives to franchise owners, the hospital will have the ability to raise as much funds as possible to be produced through a yearly event named Miracle Treat Day.
For this function, the hospital needs to start the Reward contest such as the top place prizeon the basis of the highest donation, 2nd location prizeon the basis of the second highest contribution, 3rd place prize on the basis of the 3rd highest contribution, and a lot more. These prizes will motivate 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 devoted clients for Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Help to offer the valuable contributions for the much better health of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Solution of Canada, the hospital should develop the loyalty card program for the blizzards to recognized loyalty in clients.
3. Schools: For the purpose to get the quick increase in number of donations from the location of Toronto, hospital needs to include the variety of schools found in Toronto to get involved inan annual event such as Miracle Reward Dayto supply the important contributions for the better health of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Analysis of Canada.
Email Marketing: The use of Email marketing needs to be implemented by the hospital to capture the variety of schools and franchise owners to participate in an annual event such as Wonder Treat Dayto provide the important donations for the much better health of Pestel Analysis of Yue Yuen Industrial Holdings Limited A Making 200 Million Pairs Of Shoes A Year And Growing Case Solution of Canada.

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