Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Analysis
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Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Study Analysis
Political Factor:
In the year 2011 and 2012, the corporate tax rate, service tax rate and basic tax rate had decreased which eventually had an impact on the growth of organisation profits. This unexpected growth in revenues will ultimately increase the charitable activities in Canada in order to improve the business image and to market himself in an ethical method.
Economical Factor:
Due to the worldwide monetary 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 decreased does not provide the decrease in the per capita earnings of Canadian people in the year 2012 from the year 2011 but the growth in per capita earnings have actually increased in reducing method which may not be the factor to the decrease in charitable activities since the per capita earnings had actually grown in 2012 in comparison of 2011.
Social Factor:
As it has actually been decided that the Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Analysis 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 between 9 to 17 years old, their income is extremely low as they are dependent upon their parents, delighted in the frozen deals with and interested to provide the valuable contributions for the much better health of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Help of Canada.
Technological Factor:
Due to the technological development in Canada, the small and business organisations will produce more in less cost which ultimately lead towards the expense conserving leading to more earnings and margins which might lead towards the more participation in the charitable activities and an annual event such as Wonder Reward Day in orderto provide the important donations for the better health of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Solution of Canada.
Strategies:
There are four alternative strategies whose execution will increase the charitable contributions in Toronto, Canada by 1.4 million Canadian dollars in a year. These four alternative techniques are:
The crucial concerns dealing with by the company relate to the
1. Time restriction of 3 months to make and implement the strategy in Toronto, Canada
2. A continuous decrease in the collection of contributions on yearly basis
3. A decrease in the per store income in Toronto which have stopped working to raise donations from here
4. A main focus of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Analysis Foundation is towards the advancement ofloyalty programs and the building of customer relationships with potential clients of Wonder Treat Day
5. Some franchise owners are disappointing their desire to participate in an annual occasion day due to the think that their participation in Miracle Reward Day are leading to the reduction of the earnings together with the not any significant modification prior to and after revenues of their firms and organisations
PEST Analysis:
1. Franchise Rewards: By offering 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 called Miracle Treat Day.
For this purpose, the hospital must begin the Reward contest such as the top place prizeon the basis of the highest contribution, 2nd place prizeon the basis of the 2nd highest donation, 3rd location prize on the basis of the third greatest donation, and far more. These rewards will motivate the franchise owners to take part more in the charitable activities in a yearly event of Miracle Treat Day.
2. Loyalty Card: In order to establish and preserve more devoted clients for Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Analysis to supply the valuable contributions for the much better health of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Solution of Canada, the hospital must create the commitment card program for the blizzards to established loyalty in customers.
3. Schools: For the purpose to get the rapid increase in number of contributions from the location of Toronto, hospital must include the number of schools located in Toronto to take part inan annual occasion such as Wonder Reward Dayto offer the important donations for the better health of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Solution of Canada.
Email Marketing: The use of Email marketing needs to be implemented by the hospital to capture the variety of schools and franchise owners to take part in an annual event such as Wonder Treat Dayto supply the important donations for the much better health of Pestel Analysis of Tong Yang Cement (B) Demand Forecasting And Globalization Case Solution of Canada.
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