Pestel Analysis of The Fall Of Barings Bank Case Analysis
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Pestel Analysis of The Fall Of Barings Bank Case Study Analysis
Political Factor:
In the year 2011 and 2012, the business tax rate, organisation tax rate and basic tax rate had actually declined which eventually had an impact on the growth of service profits. This unforeseen growth in revenues will eventually 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 global financial crises in the year 2008 and 2009, the relative growth of Gross Domestic Product (GDP) rate in Canada had declined in the year 2012 form the year 2011. This declined does not provide the decrease in the per capita income of Canadian individuals in the year 2012 from the year 2011 however the growth in per capita income have actually increased in decreasing way which might not be the factor 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 Fall Of Barings Bank Case Help will now target the elementary and high school kids 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 income is extremely low as they are dependent upon their moms and dads, delighted in the frozen treats and interested to provide the important donations for the much better health of Pestel Analysis of The Fall Of Barings Bank Case Solution of Canada.
Technological Factor:
Due to the technological advancement in Canada, the small and corporate services will produce more in less cost which ultimately lead towards the cost saving resulting in more revenues and margins which may lead towards the more participation in the charitable activities and an annual occasion such as Miracle Treat Day in orderto offer the valuable donations for the better health of Pestel Analysis of The Fall Of Barings Bank Case Solution of Canada.
Strategies:
There are four alternative techniques 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 problems facing by the company are related to the
1. Time constraint of 3 months to make and carry out the strategy 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 failed to raise contributions from here
4. A primary focus of Pestel Analysis of The Fall Of Barings Bank Case Analysis Foundation is towards the development ofloyalty programs and the building of customer relationships with possible customers of Miracle Reward Day
5. Some franchise owners are not showing their desire to participate in a yearly occasion 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 change before and after profits of their firms and services
PEST Analysis:
1. Franchise Rewards: By supplying the incentives to franchise owners, the hospital will have the ability to raise as much funds as possible to be produced through a yearly occasion named Wonder Reward Day.
For this purpose, the hospital should start the Prize contest such as the first place prizeon the basis of the greatest contribution, 2nd place prizeon the basis of the 2nd greatest donation, third place prize on the basis of the 3rd highest contribution, and a lot more. These rewards will inspire the franchise owners to get involved more in the charitable activities in an annual event of Wonder Reward Day.
2. Commitment Card: In order to develop and preserve more faithful clients for Pestel Analysis of The Fall Of Barings Bank Case Solution to offer the valuable donations for the better health of Pestel Analysis of The Fall Of Barings Bank Case Help of Canada, the hospital ought to create the commitment card program for the blizzards to established loyalty in customers.
3. Schools: For the purpose to get the quick boost in variety of donations from the area of Toronto, hospital needs to include the number of schools located in Toronto to get involved inan annual occasion such as Miracle Reward Dayto supply the important donations for the better health of Pestel Analysis of The Fall Of Barings Bank Case Analysis of Canada.
Email Marketing: Making use of Email marketing must be carried out by the hospital to record the number of schools and franchise owners to participate in an annual event such as Wonder Reward Dayto provide the important donations for the much better health of Pestel Analysis of The Fall Of Barings Bank Case Solution of Canada.
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