Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Help
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Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Study Solution
Political Factor:
In the year 2011 and 2012, the corporate tax rate, business tax rate and basic tax rate had declined which eventually had an influence on the growth of business profits. This unexpected development in earnings will ultimately increase the charitable activities in Canada in order to enhance the company image and to promote himself in an ethical method.
Economical Factor:
Due to the worldwide monetary crises in the year 2008 and 2009, the relative growth of Gdp (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This decreased does not provide the decrease in the per capita income of Canadian people in the year 2012 from the year 2011 but the development in per capita income have actually increased in decreasing way which might not be the reason to the decrease in charitable activities because the per capita earnings had grown in 2012 in contrast of 2011.
Social Factor:
As it has been decided that the Pestel Analysis of The Panic Of 1873 And The Long Depression (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 very low as they depend on their parents, delighted in the frozen treats and interested to supply the important donations for the much better health of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Help of Canada.
Technological Factor:
Due to the technological improvement in Canada, the small and business organisations will produce more in less expense which eventually lead towards the cost conserving leading to more earnings and margins which might lead towards the more involvement in the charitable activities and a yearly event such as Wonder Treat Day in orderto provide the valuable donations for the better health of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Help of Canada.
Strategies:
There are 4 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 dealing with by the company belong to the
1. Time restriction of 3 months to make and implement the strategy 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 stopped working to raise donations from here
4. A main focus of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Analysis Structure is towards the development ofloyalty programs and the structure of client relationships with prospective customers of Wonder Reward Day
5. Some franchise owners are not showing their desire to participate in a yearly occasion day due to the believe that their participation in Miracle Reward Day are leading to the decrease of the profits along with the not any major modification before and after earnings of their companies and services
PEST Analysis:
1. Franchise Rewards: By providing the rewards to franchise owners, the hospital will be able to raise as much funds as possible to be generated through an annual event called Miracle Treat Day.
For this function, the hospital ought to begin the Prize contest such as the first place prizeon the basis of the highest donation, 2nd place prizeon the basis of the 2nd highest donation, third place prize on the basis of the 3rd greatest donation, and far more. These rewards will motivate the franchise owners to get involved more in the charitable activities in an annual occasion of Wonder Reward Day.
2. Commitment Card: In order to establish and maintain more devoted clients for Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Analysis to offer the valuable donations for the much better health of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Help of Canada, the hospital needs to develop the loyalty card program for the blizzards to established commitment in clients.
3. Schools: For the function to get the rapid boost in number of donations from the location of Toronto, hospital ought to include the variety of schools found in Toronto to get involved inan annual event such as Miracle Reward Dayto provide the valuable donations for the much better health of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Analysis of Canada.
Email Marketing: Making use of Email marketing needs to be executed by the hospital to record the number of schools and franchise owners to take part in an annual occasion such as Miracle Treat Dayto provide the valuable donations for the better health of Pestel Analysis of The Panic Of 1873 And The Long Depression (B) Case Analysis of Canada.
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