Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Help

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Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Study Solution

Political Factor:

Pestel Analysis In the year 2011 and 2012, the business tax rate, company tax rate and basic tax rate had decreased which ultimately had an effect on the growth of service revenues. This unexpected development in profits will eventually increase the charitable activities in Canada in order to improve the business image and to market himself in an ethical way.

Economical Factor:

Due to the global monetary crises in the year 2008 and 2009, the relative development of Gdp (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This declined does not present the decrease in the per capita earnings of Canadian individuals in the year 2012 from the year 2011 however the growth in per capita earnings have increased in decreasing way which may not be the reason to the decline in charitable activities because the per capita earnings had actually grown in 2012 in contrast of 2011.

Social Factor:

As it has actually been decided that the Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Solution will now target the primary 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 earnings is really low as they depend on their parents, enjoyed the frozen treats and interested to provide the valuable donations for the much better health of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Analysis of Canada.

Technological Factor:

Due to the technological advancement in Canada, the small and corporate companies will produce more in less expense which eventually lead towards the expense saving leading to more earnings and margins which might lead towards the more participation in the charitable activities and an annual occasion such as Wonder Treat Day in orderto supply the valuable contributions for the better health of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Analysis of Canada.

Strategies:

There are 4 alternative methods whose execution will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative strategies are:

The key problems dealing with by the business are related to the
1. Time constraint of 3 months to make and execute the strategy in Toronto, Canada
2. A continuous decline in the collection of contributions on yearly basis
3. A decline in the per store income in Toronto which have actually stopped working to raise contributions from here
4. A primary focus of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Analysis Foundation is towards the development ofloyalty programs and the structure of customer relationships with possible consumers of Wonder Reward Day
5. Some franchise owners are not showing their determination to take part in an annual occasion day due to the believe that their participation in Wonder Reward Day are resulting in the decrease of the earnings along with the not any significant modification before and after earnings of their firms and businesses

PEST Analysis:

1. Franchise Rewards: By providing the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be produced through a yearly event named Miracle Reward Day.
For this function, the hospital needs to start the Prize contest such as the first place prizeon the basis of the highest donation, second place prizeon the basis of the 2nd highest donation, 3rd location reward on the basis of the 3rd greatest contribution, and much more. These prizes will encourage the franchise owners to participate more in the charitable activities in a yearly occasion of Miracle Reward Day.
2. Commitment Card: In order to establish and preserve more faithful clients for Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Solution to supply the important contributions for the better health of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Help of Canada, the hospital needs to develop the loyalty card program for the blizzards to recognized commitment in consumers.
3. Schools: For the purpose to get the quick boost in variety of donations from the location of Toronto, hospital needs to consist of the variety of schools located in Toronto to take part inan yearly event such as Miracle Treat Dayto offer the valuable donations for the much better health of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Solution of Canada.
Email Marketing: The use of Email marketing should be carried out by the hospital to capture the variety of schools and franchise owners to take part in an annual event such as Wonder Reward Dayto supply the valuable donations for the better health of Pestel Analysis of Technical Note (C): Issues Of Luxury Industry In Emerging Market Case Solution of Canada.

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