Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Analysis
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Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Study Solution
Political Factor:
In the year 2011 and 2012, the corporate tax rate, service tax rate and basic tax rate had declined which eventually had an impact on the growth of organisation profits. This unexpected growth in earnings will eventually increase the charitable activities in Canada in order to enhance the business image and to promote himself in an ethical way.
Economical Factor:
Due to the global monetary crises in the year 2008 and 2009, the comparative growth of Gross Domestic Product (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 people in the year 2012 from the year 2011 but the growth in per capita income have actually increased in decreasing way which might not be the reason to the decrease in charitable activities due to the fact that the per capita income had grown in 2012 in contrast of 2011.
Social Factor:
As it has been chosen that the Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Help 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 in between 9 to 17 years old, their earnings is very low as they depend on their moms and dads, enjoyed the frozen treats and interested to provide the valuable donations for the better health of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Solution of Canada.
Technological Factor:
Due to the technological development in Canada, the little and corporate businesses will produce more in less cost which eventually lead towards the expense saving leading to more revenues and margins which might lead towards the more involvement in the charitable activities and an annual occasion such as Miracle Reward Day in orderto offer the important donations for the much better health of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Solution of Canada.
Strategies:
There are four alternative strategies 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 essential concerns facing by the company belong to the
1. Time constraint of 3 months to make and carry out the technique in Toronto, Canada
2. A continuous decline in the collection of contributions on annual basis
3. A decline in the per shop earnings in Toronto which have actually failed to raise donations from here
4. A primary focus of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Analysis Structure is towards the development ofloyalty programs and the building of consumer relationships with prospective customers of Miracle Reward Day
5. Some franchise owners are not showing their determination to participate in an annual occasion day due to the think that their involvement in Miracle Treat Day are leading to the reduction of the profits in addition to the not any significant modification prior to and after profits of their companies and organisations
PEST Analysis:
1. Franchise Incentives: By providing the incentives to franchise owners, the hospital will be able to raise as much funds as possible to be created through an annual occasion called Miracle Reward Day.
For this purpose, the hospital needs to begin the Prize contest such as the top place prizeon the basis of the highest contribution, 2nd place prizeon the basis of the second highest contribution, third location prize on the basis of the 3rd greatest contribution, and much more. These prizes will inspire the franchise owners to participate more in the charitable activities in an annual event of Miracle Treat Day.
2. Loyalty Card: In order to develop and keep more devoted consumers for Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Help to provide the valuable donations for the better health of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Analysis of Canada, the hospital needs to develop the commitment card program for the blizzards to recognized loyalty in customers.
3. Schools: For the function to get the fast boost in variety of donations from the location of Toronto, hospital must include the number of schools found in Toronto to take part inan yearly occasion such as Wonder Treat Dayto provide the valuable donations for the better health of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Analysis of Canada.
Email Marketing: The use of Email marketing ought to be implemented by the hospital to catch the variety of schools and franchise owners to participate in a yearly event such as Miracle Reward Dayto offer the valuable contributions for the better health of Pestel Analysis of Reliance Petroleums Triple Option Convertible Debenture Issue (A) Case Help of Canada.
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