Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis
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Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Study Analysis
Political Factor:
In the year 2011 and 2012, the business tax rate, service tax rate and general tax rate had decreased which ultimately had an impact on the development of business earnings. This unforeseen growth in profits will ultimately 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 global financial crises in the year 2008 and 2009, the relative growth of Gdp (GDP) rate in Canada had actually declined in the year 2012 form the year 2011. This decreased does not present the decline in the per capita income of Canadian individuals in the year 2012 from the year 2011 however the growth in per capita earnings have actually increased in reducing way which might not be the reason to the decrease in charitable activities due to the fact that the per capita earnings had grown in 2012 in contrast of 2011.
Social Factor:
As it has actually been chosen that the Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis will now target the primary 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 income is extremely low as they are dependent upon their moms and dads, took pleasure in the frozen deals with and interested to provide the important contributions for the much better health of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Help of Canada.
Technological Factor:
Due to the technological improvement in Canada, the small and corporate services will produce more in less expense which ultimately lead towards the cost saving leading to more revenues and margins which may lead towards the more involvement in the charitable activities and a yearly event such as Wonder Treat Day in orderto supply the important donations for the better health of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited 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 4 alternative methods are:
The essential issues dealing with by the business belong to the
1. Time constraint of 3 months to make and execute the technique in Toronto, Canada
2. A constant decrease in the collection of donations on annual basis
3. A decrease in the per shop income in Toronto which have stopped working to raise contributions from here
4. A primary focus of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis Structure is towards the advancement ofloyalty programs and the structure of customer relationships with possible clients of Wonder Reward Day
5. Some franchise owners are disappointing their determination to take part in a yearly occasion day due to the believe that their involvement in Wonder Treat Day are leading to the reduction of the profits along with the not any significant modification before and after profits of their companies and services
PEST Analysis:
1. Franchise Rewards: By supplying the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be produced through an annual event named Wonder Reward Day.
For this purpose, the hospital ought to start the Prize contest such as the top place prizeon the basis of the highest donation, second location prizeon the basis of the second highest donation, third place reward on the basis of the 3rd greatest contribution, and a lot more. These prizes will inspire the franchise owners to participate more in the charitable activities in an annual event of Wonder Reward Day.
2. Loyalty Card: In order to develop and preserve more devoted clients for Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis to provide the important contributions for the much better health of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Help of Canada, the hospital ought to produce the loyalty card program for the blizzards to established loyalty in customers.
3. Schools: For the function to get the quick boost in number of contributions from the area of Toronto, hospital must consist of the variety of schools found in Toronto to participate inan yearly occasion such as Wonder Treat Dayto provide the valuable contributions for the much better health of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis of Canada.
Email Marketing: Using Email marketing should be implemented by the hospital to capture the variety of schools and franchise owners to take part in a yearly occasion such as Wonder Treat Dayto supply the valuable donations for the much better health of Pestel Analysis of Global Supply Chain Management Best Practices At Li And Fung Limited Case Analysis of Canada.
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