Organisations, Management And People

1 . PEST analysis is an examination of the environmental factors modify organizations and companies . The focus of the analysis is at the macro level , non on the micro level which conducted differently oftentimes employ the Porter s five force analysis . PEST is an acronym that stands for governmental , Economic , Social and Technological factorsThe factors of PEST AnalysisThe following is the intervention of the major factors in PEST analysis For this part , the German automobile company BMW will be used as an example . The scope of the analysis is their European operationsPolitical factorsThe Political factors implicate how and to what degree a government interferes with the economy . Some of the atomic number 18as of concerns are tax policy , employment righteousness , environmental law , trade restrictions , tariffs and political stability .

For the BMW , the Regulation (EC ) No 443 /2009 of the European Parliament and of the Council of 23 April 2009 sets the emission performance standards for new passenger cars as part of the campaign to reduce CO2 emissions from light-duty vehicles . This affects BMW s design of their cars . Sales of their non-luxury cars are boosted by the government s fillip for replacing 9- forms old car . There are similarly tax incentives for electrically-chargeable vehicles which also support their approach of developing greener vehiclesEconomic factorsIn the year 2007 , economic crisis began in Europe . A year afterward , a drop in car demand with order of about 30 to 40 in just 8 weeks happened (EU-Japan Centre for Industrial Cooperation , 2009...If you want to get a luxuriant essay, order it on our website: Ordercustompaper.com

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