Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Analysis
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Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Study Analysis
Political Factor:
In the year 2011 and 2012, the business tax rate, service tax rate and general tax rate had declined which eventually had an effect on the development of service profits. This unanticipated growth in profits will ultimately increase the charitable activities in Canada in order to improve the company image and to market himself in an ethical way.
Economical Factor:
Due to the international financial 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 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 method which may not be the reason to the decline in charitable activities due to the fact that the per capita earnings had grown in 2012 in comparison of 2011.
Social Factor:
As it has been chosen that the Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Solution 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 better health of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Analysis of Canada.
Technological Factor:
Due to the technological improvement in Canada, the small and corporate companies will produce more in less cost which eventually lead towards the cost saving leading to more earnings and margins which may lead towards the more participation in the charitable activities and an annual event such as Wonder Reward Day in orderto supply the important contributions for the better health of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Analysis of Canada.
Strategies:
There are 4 alternative methods whose application will increase the charitable donations in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative techniques are:
The essential concerns facing by the company belong to the
1. Time restraint of 3 months to make and carry out the method in Toronto, Canada
2. A continuous decline in the collection of donations on annual basis
3. A decline in the per store earnings in Toronto which have actually failed to raise donations from here
4. A main focus of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Help Foundation is towards the development ofloyalty programs and the structure of client relationships with prospective customers of Wonder Reward Day
5. Some franchise owners are disappointing their willingness to take part in an annual event day due to the believe that their involvement in Wonder Treat Day are leading to the decrease of the revenues together with the not any significant modification prior to and after profits of their firms and services
PEST Analysis:
1. Franchise Incentives: By supplying the incentives to franchise owners, the hospital will have the ability to raise as much funds as possible to be produced through an annual occasion named Miracle Treat Day.
For this purpose, the hospital ought to begin the Reward contest such as the first place prizeon the basis of the highest donation, second place prizeon the basis of the 2nd greatest contribution, 3rd place reward on the basis of the third greatest donation, and much more. These prizes will encourage the franchise owners to take part more in the charitable activities in an annual event of Miracle Treat Day.
2. Commitment Card: In order to establish and preserve more devoted customers for Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Analysis to provide the valuable donations for the better health of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Analysis of Canada, the hospital should produce the commitment card program for the blizzards to established loyalty in clients.
3. Schools: For the purpose to get the rapid boost in variety of donations from the area of Toronto, hospital must include the variety of schools located in Toronto to get involved inan yearly event such as Miracle Reward Dayto offer the valuable donations for the better health of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Help of Canada.
Email Marketing: Using Email marketing must be carried out by the hospital to record the number of schools and franchise owners to participate in a yearly event such as Miracle Reward Dayto provide the important donations for the better health of Pestel Analysis of The Equator Principles: An Industry Approach To Managing Environmental And Social Risks Case Help of Canada.
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