Pestel Analysis of Corning Glass Works International (D) Case Solution
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Political Factor:
In the year 2011 and 2012, the business tax rate, service tax rate and basic tax rate had decreased which ultimately had an impact on the development of service revenues. This unforeseen growth in earnings will ultimately increase the charitable activities in Canada in order to improve the company image and to market himself in an ethical method.
Economical Factor:
Due to the worldwide monetary crises in the year 2008 and 2009, the comparative growth of Gdp (GDP) rate in Canada had declined in the year 2012 form the year 2011. This declined does not present the decline in the per capita income of Canadian people in the year 2012 from the year 2011 however the growth in per capita earnings have increased in decreasing method which may not be the factor to the decrease in charitable activities because the per capita income had grown in 2012 in comparison of 2011.
Social Factor:
As it has been decided that the Pestel Analysis of Corning Glass Works International (D) Case Analysis will now target the primary and high school children to increase the charitable activities and donations in Toronto by 1.4 million Canadian dollars which are aged in between 9 to 17 years old, their earnings is extremely low as they depend on their parents, took pleasure in the frozen treats and interested to offer the important donations for the much better health of Pestel Analysis of Corning Glass Works International (D) Case Help of Canada.
Technological Factor:
Due to the technological improvement in Canada, the small and corporate companies will produce more in less expense which ultimately lead towards the cost conserving resulting in more earnings and margins which may lead towards the more participation in the charitable activities and an annual event such as Miracle Reward Day in orderto offer the important contributions for the much better health of Pestel Analysis of Corning Glass Works International (D) Case Analysis of Canada.
Strategies:
There are four alternative methods whose application will increase the charitable donations in Toronto, Canada by 1.4 million Canadian dollars in a year. These 4 alternative methods are:
The key problems dealing with by the business relate to the
1. Time restraint of 3 months to make and implement the method in Toronto, Canada
2. A continuous decrease in the collection of donations on yearly basis
3. A decline in the per store income in Toronto which have actually failed to raise contributions from here
4. A primary focus of Pestel Analysis of Corning Glass Works International (D) Case Solution Structure is towards the development ofloyalty programs and the building of consumer relationships with prospective consumers of Miracle Reward Day
5. Some franchise owners are disappointing their determination to participate in a yearly event day due to the believe that their participation in Wonder Treat Day are leading to the reduction of the revenues along with the not any significant modification prior to and after earnings of their companies and services
PEST Analysis:
1. Franchise Rewards: By offering the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be generated through an annual event named Miracle Reward Day.
For this purpose, the hospital ought to begin the Reward contest such as the first place prizeon the basis of the greatest donation, second location prizeon the basis of the second greatest donation, third location reward on the basis of the 3rd greatest contribution, and much more. These rewards will encourage the franchise owners to take part more in the charitable activities in an annual event of Miracle Reward Day.
2. Commitment Card: In order to establish and maintain more loyal consumers for Pestel Analysis of Corning Glass Works International (D) Case Solution to offer the valuable donations for the better health of Pestel Analysis of Corning Glass Works International (D) Case Help of Canada, the hospital ought to produce the loyalty card program for the blizzards to established commitment in clients.
3. Schools: For the purpose to get the rapid increase in variety of donations from the area of Toronto, hospital should consist of the variety of schools found in Toronto to get involved inan annual occasion such as Miracle Treat Dayto provide the important donations for the much better health of Pestel Analysis of Corning Glass Works International (D) Case Solution of Canada.
Email Marketing: Making use of Email marketing needs to be executed by the hospital to catch the number of schools and franchise owners to take part in a yearly occasion such as Miracle Treat Dayto supply the valuable contributions for the better health of Pestel Analysis of Corning Glass Works International (D) Case Solution of Canada.
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