Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Solution

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Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Study Help

Political Factor:

Pestel Analysis In the year 2011 and 2012, the corporate tax rate, company tax rate and basic tax rate had actually decreased which eventually had an influence on the growth of company profits. This unforeseen growth in profits will ultimately increase the charitable activities in Canada in order to enhance the company image and to advertise himself in an ethical way.

Economical Factor:

Due to the international monetary crises in the year 2008 and 2009, the comparative development of Gdp (GDP) rate in Canada had declined in the year 2012 form the year 2011. This declined does not present the decrease in the per capita income of Canadian individuals in the year 2012 from the year 2011 but the growth in per capita earnings have actually increased in reducing way which may not be the factor to the decline in charitable activities since the per capita earnings had grown in 2012 in comparison of 2011.

Social Factor:

As it has been decided that the Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Analysis 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 in between 9 to 17 years of ages, their income is very low as they are dependent upon their parents, enjoyed the frozen treats and interested to offer the important donations for the better health of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Analysis of Canada.

Technological Factor:

Due to the technological advancement in Canada, the little and business services will produce more in less cost which ultimately lead towards the expense saving resulting in more earnings and margins which might lead towards the more participation in the charitable activities and an annual event such as Wonder Reward Day in orderto provide the valuable contributions for the better health of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Analysis of Canada.

Strategies:

There are four alternative techniques whose execution 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 dealing with by the company relate to the
1. Time restraint of 3 months to make and carry out the strategy in Toronto, Canada
2. A consistent decline in the collection of donations on yearly basis
3. A decline in the per shop earnings in Toronto which have failed to raise contributions from here
4. A primary focus of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Help Foundation is towards the development ofloyalty programs and the building of customer relationships with possible customers of Miracle Reward Day
5. Some franchise owners are disappointing their determination to take part in an annual event day due to the believe that their involvement in Miracle Treat Day are resulting in the decrease of the profits along with the not any significant modification prior to and after revenues of their firms and services

PEST Analysis:

1. Franchise Rewards: By supplying the rewards to franchise owners, the hospital will have the ability to raise as much funds as possible to be generated through a yearly event called Miracle Reward Day.
For this purpose, the hospital should start the Reward contest such as the top place prizeon the basis of the highest donation, second location prizeon the basis of the second highest contribution, 3rd location reward on the basis of the 3rd highest donation, and a lot more. These rewards will inspire the franchise owners to get involved more in the charitable activities in a yearly occasion of Miracle Reward Day.
2. Loyalty Card: In order to develop and keep more faithful customers for Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Analysis to provide the important contributions for the much better health of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Help of Canada, the hospital should produce the commitment card program for the blizzards to established loyalty in clients.
3. Schools: For the function to get the rapid boost in number of donations from the area of Toronto, hospital must consist of the variety of schools located in Toronto to get involved inan yearly occasion such as Miracle Reward Dayto provide the valuable donations for the much better health of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Help of Canada.
Email Marketing: The use of Email marketing must be implemented by the hospital to record the variety of schools and franchise owners to participate in a yearly event such as Wonder Treat Dayto offer the valuable donations for the better health of Pestel Analysis of Molycorp: Financing The Production Of Rare Earth Minerals Case Help of Canada.

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