Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Analysis

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Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) 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 declined which eventually had an impact on the development of business revenues. This unanticipated development in earnings will ultimately increase the charitable activities in Canada in order to improve the business image and to advertise himself in an ethical way.

Economical Factor:

Due to the international financial crises in the year 2008 and 2009, the relative growth of Gross Domestic Product (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This declined does not provide the decrease in the per capita earnings of Canadian people in the year 2012 from the year 2011 however the growth in per capita income have increased in decreasing way which might not be the reason to the decrease in charitable activities because the per capita income had grown in 2012 in comparison of 2011.

Social Factor:

As it has actually been chosen that the Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Analysis will now target the elementary and high school children 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 very low as they depend on their parents, delighted in the frozen treats and interested to provide the valuable donations for the better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Analysis of Canada.

Technological Factor:

Due to the technological development in Canada, the little and corporate services 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 supply the valuable donations for the better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Solution of Canada.

Strategies:

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

The essential problems dealing with by the company relate to the
1. Time restriction of 3 months to make and execute the method in Toronto, Canada
2. A constant decline in the collection of donations on annual basis
3. A decrease in the per store income in Toronto which have actually stopped working to raise donations from here
4. A primary focus of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Solution Foundation is towards the advancement ofloyalty programs and the building of consumer relationships with potential consumers of Miracle Treat Day
5. Some franchise owners are disappointing their willingness to take part in an annual occasion day due to the think that their participation in Miracle Treat Day are leading to the decrease of the earnings along with the not any significant modification before and after revenues of their firms and services

PEST Analysis:

1. Franchise Rewards: By supplying the incentives to franchise owners, the hospital will have the ability to raise as much funds as possible to be generated through an annual event named Wonder Treat Day.
For this function, the hospital needs to begin the Reward contest such as the top place prizeon the basis of the highest donation, 2nd location prizeon the basis of the second highest donation, 3rd place prize on the basis of the third greatest donation, and a lot more. These rewards will inspire the franchise owners to get involved more in the charitable activities in an annual event of Wonder Reward Day.
2. Loyalty Card: In order to develop and keep more faithful clients for Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Solution to supply the valuable donations for the better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Analysis of Canada, the hospital must produce the commitment card program for the blizzards to established commitment in customers.
3. Schools: For the function to get the fast increase in number of donations from the area of Toronto, hospital needs to consist of the variety of schools located in Toronto to take part inan annual event such as Miracle Reward Dayto supply the valuable donations for the much better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Solution of Canada.
Email Marketing: Using Email marketing must be executed by the hospital to capture the variety of schools and franchise owners to take part in a yearly event such as Wonder Treat Dayto provide the valuable donations for the much better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (A) Case Analysis of Canada.

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