Pestel Analysis of The Bernard Madoff Financial Scam Case Solution

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Pestel Analysis of The Bernard Madoff Financial Scam Case Study Analysis

Political Factor:

Pestel Analysis In the year 2011 and 2012, the business tax rate, service tax rate and general tax rate had actually declined which ultimately had an effect on the development of company revenues. This unexpected development 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 monetary crises in the year 2008 and 2009, the comparative development of Gdp (GDP) rate in Canada had actually decreased in the year 2012 form the year 2011. This declined does not provide 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 actually grown in 2012 in comparison of 2011.

Social Factor:

As it has been decided that the Pestel Analysis of The Bernard Madoff Financial Scam 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 between 9 to 17 years of ages, their earnings is very low as they are dependent upon their moms and dads, took pleasure in the frozen deals with and interested to offer the important contributions for the much better health of Pestel Analysis of The Bernard Madoff Financial Scam Case Solution of Canada.

Technological Factor:

Due to the technological advancement in Canada, the small and business companies will produce more in less cost which eventually lead towards the expense saving leading to more revenues and margins which may lead towards the more participation in the charitable activities and a yearly occasion such as Wonder Treat Day in orderto supply the valuable donations for the better health of Pestel Analysis of The Bernard Madoff Financial Scam Case Help of Canada.

Strategies:

There are four alternative methods whose application will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These 4 alternative techniques are:

The essential concerns facing by the company relate to the
1. Time restriction of 3 months to make and implement the method in Toronto, Canada
2. A consistent decline in the collection of contributions on annual basis
3. A decrease in the per shop earnings in Toronto which have actually failed to raise contributions from here
4. A primary focus of Pestel Analysis of The Bernard Madoff Financial Scam Case Analysis Structure is towards the development ofloyalty programs and the building of client relationships with potential clients of Miracle Reward Day
5. Some franchise owners are not showing their desire to take part in a yearly occasion day due to the think that their participation in Miracle Treat Day are resulting in the reduction of the revenues in addition to the not any significant modification prior to and after incomes of their firms and businesses

PEST Analysis:

1. Franchise Rewards: By providing the rewards to franchise owners, the hospital will be able to raise as much funds as possible to be generated through a yearly event called Wonder Reward Day.
For this function, the hospital must start the Reward contest such as the top place prizeon the basis of the greatest contribution, 2nd place prizeon the basis of the 2nd highest donation, 3rd place prize on the basis of the 3rd greatest contribution, and much more. These rewards will encourage the franchise owners to get involved more in the charitable activities in a yearly occasion of Miracle Reward Day.
2. Commitment Card: In order to develop and keep more loyal consumers for Pestel Analysis of The Bernard Madoff Financial Scam Case Help to offer the important contributions for the much better health of Pestel Analysis of The Bernard Madoff Financial Scam Case Solution of Canada, the hospital needs to create the loyalty card program for the blizzards to recognized loyalty in consumers.
3. Schools: For the function to get the fast increase in variety of contributions from the area of Toronto, hospital should include the variety of schools located in Toronto to participate inan annual event such as Wonder Treat Dayto supply the valuable contributions for the better health of Pestel Analysis of The Bernard Madoff Financial Scam Case Analysis of Canada.
Email Marketing: Making 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 occasion such as Miracle Treat Dayto supply the valuable contributions for the better health of Pestel Analysis of The Bernard Madoff Financial Scam Case Analysis of Canada.

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