Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Help
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Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Study Solution
Political Factor:
In the year 2011 and 2012, the business tax rate, service tax rate and basic tax rate had declined which eventually had an influence on the development of service profits. This unexpected development in earnings will eventually 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 international financial crises in the year 2008 and 2009, the comparative growth of Gross Domestic Product (GDP) rate in Canada had decreased in the year 2012 form the year 2011. This decreased does not provide the decline in the per capita income of Canadian people in the year 2012 from the year 2011 but the development in per capita earnings have actually increased in reducing way which may not be the factor to the decrease in charitable activities since the per capita income had grown in 2012 in comparison of 2011.
Social Factor:
As it has been chosen that the Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Help 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 of ages, their income is really low as they are dependent upon their moms and dads, enjoyed the frozen treats and interested to offer the valuable donations for the much better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Solution of Canada.
Technological Factor:
Due to the technological improvement in Canada, the small and business businesses will produce more in less expense which eventually lead towards the cost conserving leading to more profits and margins which might lead towards the more involvement in the charitable activities and a yearly occasion such as Wonder Treat Day in orderto offer the valuable donations for the much better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Solution of Canada.
Strategies:
There are 4 alternative techniques whose implementation will increase the charitable donations in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative methods are:
The crucial problems facing by the company are related to the
1. Time constraint of 3 months to make and execute the method in Toronto, Canada
2. A constant decline in the collection of contributions on yearly basis
3. A decline in the per store income in Toronto which have stopped working to raise donations from here
4. A main focus of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Solution Structure is towards the advancement ofloyalty programs and the building of customer relationships with possible consumers of Wonder Treat Day
5. Some franchise owners are disappointing their willingness to participate in an annual occasion day due to the think that their participation in Miracle Reward Day are leading to the reduction of the earnings in addition to the not any major change before and after profits of their companies and businesses
PEST Analysis:
1. Franchise Incentives: By supplying the rewards to franchise owners, the hospital will have the ability to raise as much funds as possible to be produced through an annual event called Miracle Reward Day.
For this function, the hospital needs to start the Prize contest such as the top place prizeon the basis of the highest contribution, second place prizeon the basis of the 2nd greatest donation, third location prize on the basis of the 3rd greatest donation, and a lot more. These prizes will encourage the franchise owners to participate more in the charitable activities in an annual occasion of Wonder Treat Day.
2. Loyalty Card: In order to establish and keep more devoted clients for Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Help to offer the valuable donations for the much better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Help of Canada, the hospital ought to create the commitment card program for the blizzards to established commitment in consumers.
3. Schools: For the function to get the rapid increase in number of contributions from the area of Toronto, hospital needs to include the variety of schools found in Toronto to take part inan annual event such as Miracle Treat Dayto provide the important contributions for the better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Help of Canada.
Email Marketing: Using Email marketing should be executed by the hospital to catch the number of schools and franchise owners to participate in a yearly occasion such as Wonder Reward Dayto provide the valuable contributions for the better health of Pestel Analysis of The South Sea Bubble And The Rise Of The Bank Of England (B) Case Analysis of Canada.
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