Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Analysis

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Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Study Solution

Political Factor:

Pestel Analysis In the year 2011 and 2012, the corporate tax rate, service tax rate and basic tax rate had actually declined which ultimately had an influence on the development of service profits. This unexpected development in profits will eventually increase the charitable activities in Canada in order to enhance the business image and to promote himself in an ethical way.

Economical Factor:

Due to the international financial crises in the year 2008 and 2009, the comparative development of Gdp (GDP) rate in Canada had decreased in the year 2012 form the year 2011. This declined does not provide the decrease in the per capita earnings of Canadian individuals in the year 2012 from the year 2011 however the development in per capita income have increased in decreasing method which may not be the factor to the decline in charitable activities since the per capita income had actually grown in 2012 in contrast of 2011.

Social Factor:

As it has actually been chosen that the Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Solution will now target the elementary and high school kids to increase the charitable activities and donations in Toronto by 1.4 million Canadian dollars which are aged between 9 to 17 years old, their earnings is really low as they are dependent upon their moms and dads, took pleasure in the frozen treats and interested to provide the important contributions for the much better health of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Help of Canada.

Technological Factor:

Due to the technological development in Canada, the small and business services will produce more in less expense which eventually lead towards the expense saving leading to more profits and margins which may lead towards the more participation in the charitable activities and an annual event such as Wonder Reward Day in orderto provide the important donations for the better health of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Solution of Canada.

Strategies:

There are 4 alternative techniques 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 essential problems dealing with by the business relate to the
1. Time restraint of 3 months to make and implement the method 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 stopped working to raise contributions from here
4. A primary focus of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Solution Foundation is towards the development ofloyalty programs and the structure of customer relationships with possible customers of Miracle Reward Day
5. Some franchise owners are disappointing their determination to participate in an annual event day due to the think that their involvement in Miracle Reward Day are resulting in the reduction of the revenues along with the not any significant modification before and after revenues of their companies and businesses

PEST Analysis:

1. Franchise Incentives: By providing the rewards to franchise owners, the hospital will have the ability to raise as much funds as possible to be generated through an annual occasion called Wonder Reward Day.
For this purpose, the hospital must begin the Prize contest such as the top place prizeon the basis of the highest contribution, second place prizeon the basis of the second greatest donation, third place reward on the basis of the third greatest donation, and far more. These prizes will motivate the franchise owners to participate more in the charitable activities in a yearly event of Miracle Reward Day.
2. Loyalty Card: In order to develop and keep more loyal customers for Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Solution to supply the valuable donations for the better health of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Solution of Canada, the hospital should produce the loyalty card program for the blizzards to recognized commitment in consumers.
3. Schools: For the purpose to get the quick increase in number of contributions from the location of Toronto, hospital ought to include the number of schools found in Toronto to take part inan yearly event such as Miracle Treat Dayto supply the important contributions for the much better health of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Help of Canada.
Email Marketing: Making use of Email marketing should be carried out by the hospital to capture the variety of schools and franchise owners to participate in an annual occasion such as Miracle Treat Dayto offer the valuable contributions for the much better health of Pestel Analysis of The Panic Of 1819 And The Second Bank Of The United States Case Help of Canada.

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