Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Solution
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Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Study Solution
Political Factor:
In the year 2011 and 2012, the business tax rate, organisation tax rate and general tax rate had decreased which ultimately had an impact on the growth of company profits. This unexpected development in profits will eventually increase the charitable activities in Canada in order to enhance the company image and to promote himself in an ethical way.
Economical Factor:
Due to the international monetary crises in the year 2008 and 2009, the comparative development of Gross Domestic Product (GDP) rate in Canada had decreased in the year 2012 form the year 2011. This declined does not provide the decline in the per capita income of Canadian individuals in the year 2012 from the year 2011 however the growth in per capita earnings have increased in reducing method which might not be the factor to the decrease in charitable activities due to the fact that the per capita earnings had grown in 2012 in comparison of 2011.
Social Factor:
As it has been chosen that the Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Help 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 in between 9 to 17 years old, their earnings is extremely low as they depend on their moms and dads, took pleasure in the frozen treats and interested to provide the valuable donations for the better health of Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Analysis of Canada.
Technological Factor:
Due to the technological advancement in Canada, the little and business services will produce more in less expense which eventually lead towards the expense saving resulting in more earnings and margins which may lead towards the more involvement in the charitable activities and a yearly occasion such as Miracle Treat Day in orderto supply the valuable contributions for the much better health of Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Solution of Canada.
Strategies:
There are four alternative techniques whose application will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These 4 alternative methods are:
The key concerns facing by the business are related to the
1. Time restraint of 3 months to make and implement the technique in Toronto, Canada
2. A continuous decline in the collection of donations on annual basis
3. A decrease 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 Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Solution Foundation is towards the advancement ofloyalty programs and the structure of client relationships with prospective consumers of Wonder Reward Day
5. Some franchise owners are disappointing their desire to participate in an annual event day due to the think that their involvement in Miracle Treat Day are resulting in the decrease of the revenues in addition to the not any significant modification before and after incomes of their firms and organisations
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 generated through an annual occasion named Wonder Reward Day.
For this function, the hospital must begin the Prize contest such as the first place prizeon the basis of the highest donation, second location prizeon the basis of the second greatest contribution, third place prize on the basis of the 3rd highest contribution, and far more. These prizes will encourage the franchise owners to get involved more in the charitable activities in an annual event of Wonder Treat Day.
2. Commitment Card: In order to establish and preserve more faithful customers for Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Analysis to provide the valuable contributions for the better health of Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Help of Canada, the hospital needs to produce the loyalty card program for the blizzards to recognized loyalty in customers.
3. Schools: For the purpose to get the rapid increase in number of donations from the location of Toronto, hospital must consist of the variety of schools located in Toronto to participate inan yearly event such as Wonder Treat Dayto provide the important contributions for the better health of Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Solution of Canada.
Email Marketing: The use of Email marketing ought to be carried out by the hospital to record the number of schools and franchise owners to take part in a yearly event such as Miracle Reward Dayto offer the important contributions for the much better health of Pestel Analysis of Corning Inc Zero Coupon Convertible Debentures Due November 8 2015 (B) Case Solution of Canada.
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