Pest analysis for egypt

Egyptian Pound Main exports: Petroleum, petroleum products, cotton, Textile, Metal product and Chemicals. Northern Africa, bordering the Mediterranean Sea, between Libya and the Gaza Strip, and the Red Sea north of Sudan, and includes the Asian Sinai Peninsula To make an external scanning on Egypt, we have to know what characterizes the political, economical, sociocultral and technological environments in Egypt.

Pest analysis for egypt

However, there will always be factors outside of your control that affect how your business operates.

Pest analysis for egypt

One method for discovering and quantifying those factors is the PEST analysis. PEST is an acronym for political, economic, social and technological — external factors that commonly affect business activities and performance.

3 UF White cheese operation. The main procedures to UF White cheese operation were described by Scott, (); Kosikowski and Mistry () as follows in Fig. 2. News Dive into the world of science! Read these stories and narratives to learn about news items, hot topics, expeditions underway, and much more. FAO PLANT PRODUCTION AND PROTECTION PAPER FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome, Good Agricultural Practices for greenhouse .

Jim Makos, director at Weberiencethe digital publishing, web development and marketing company behind the Pestle Analysis website, says PEST can help companies improve their decision-making and timing.

Another benefit of PEST analysis is it could aid you in predicting the future by looking at the present. You will be prepared to tackle future challenges. It also helps you highlight the opportunities you can cash in on and threats which could harm your business," Makos said. Issues that must be considered include tax guidelines, copyright and property law enforcement, political stability, trade regulations, social and environmental policy, employment laws and safety regulations.

Companies should also consider their local and federal power structure, and discuss how anticipated shifts in power could affect their business.

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Items to consider include economic growth, exchange, inflation and interest rates, economic stability, anticipated shifts in commodity and resource costs, unemployment policies, credit availability and unemployment policies.

These factors help businesses examine consumer needs and determine what pushes them to make purchases. Among the items that should be examined are demographics, population growth rates, age distribution, attitudes towards work and job market trends.

Technological Technology issues affect how an organization delivers its product or service to the marketplace. Specific items that need to be scrutinized include, but are not limited to, government spending on technological research, the life cycle of current technology, the role of the internet and how any changes to it may play out, and the impact of potential information technology changes.

This means that there is a lack of easily available updated information, which can lead to making too many assumptions and analysis based on unfounded assumptions. Bright Hub suggests devising some plan for cross-verification to avoid your PEST analysis being based on tenuous assumptions.Automotive Aftermarket Market is estimated to be USD billion in according to a new report published by Polaris Market Research.

Automotive Aftermarket Market is segmented by type (Passenger Vehicles, Commercial Vehicles), Sales Channel (OEM, Professional Service Stations) and by region.

Pest analysis for egypt

This report also provides the growth prospects for the market during the forecast period. To make an external scanning on Egypt, we have to know what characterizes the political, economical, sociocultral and technological environments in Egypt.

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Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. PEST analysis (political, economic, socio-cultural and technological) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.

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