Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Help

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Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Study Solution

Political Factor:

Pestel Analysis In the year 2011 and 2012, the corporate tax rate, service tax rate and general tax rate had actually declined which eventually had an effect on the growth of company earnings. This unforeseen development in revenues will eventually increase the charitable activities in Canada in order to enhance the company image and to advertise himself in an ethical method.

Economical Factor:

Due to the global monetary crises in the year 2008 and 2009, the relative growth of Gdp (GDP) rate in Canada had declined in the year 2012 form the year 2011. This declined 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 might not be the reason to the decrease in charitable activities due to the fact that the per capita earnings had grown in 2012 in contrast of 2011.

Social Factor:

As it has actually been decided that the Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Help will now target the primary and high school kids 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 very low as they are dependent upon their moms and dads, enjoyed the frozen deals with and interested to offer the valuable contributions for the much better health of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Solution of Canada.

Technological Factor:

Due to the technological improvement in Canada, the small and business businesses will produce more in less cost which ultimately lead towards the cost conserving resulting in more earnings and margins which may lead towards the more involvement in the charitable activities and an annual occasion such as Wonder Reward Day in orderto provide the valuable donations for the better health of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Solution of Canada.

Strategies:

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

The key problems facing by the business are related to the
1. Time restraint of 3 months to make and implement the strategy in Toronto, Canada
2. A consistent decline in the collection of contributions on annual basis
3. A decrease in the per shop earnings in Toronto which have failed to raise donations from here
4. A main focus of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Analysis Foundation is towards the advancement ofloyalty programs and the building of customer relationships with prospective customers of Wonder Treat Day
5. Some franchise owners are disappointing their desire to take part in an annual event day due to the believe that their participation in Wonder Reward Day are resulting in the reduction of the earnings in addition to the not any major modification prior to and after incomes of their firms and organisations

PEST Analysis:

1. Franchise Rewards: By offering the rewards to franchise owners, the hospital will be able to raise as much funds as possible to be generated through an annual occasion called Miracle Treat Day.
For this purpose, the hospital needs to begin the Prize contest such as the top place prizeon the basis of the highest donation, second place prizeon the basis of the second highest contribution, third place prize on the basis of the 3rd greatest contribution, and much more. These rewards will encourage the franchise owners to participate more in the charitable activities in a yearly occasion of Miracle Treat Day.
2. Loyalty Card: In order to develop and keep more devoted customers for Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Help to offer the important donations for the much better health of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Solution of Canada, the hospital ought to create the loyalty card program for the blizzards to recognized commitment in customers.
3. Schools: For the function to get the fast boost in number of contributions from the location of Toronto, hospital must include the number of schools located in Toronto to participate inan yearly occasion such as Miracle Reward Dayto provide the important donations for the better health of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Solution of Canada.
Email Marketing: Making use of Email marketing must be implemented by the hospital to catch the number of schools and franchise owners to take part in a yearly event such as Miracle Treat Dayto offer the valuable contributions for the better health of Pestel Analysis of Astral Records Ltd North America: Some Financial Concerns Case Solution of Canada.

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