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SEMESTER SPRING 2013
INTRODUCTION TO BUSINESS (MGT211)
ASSIGNMENT NO. 01
DUE DATE: 2ND MAY 2013
MARKS: 20
ASSIGNMENT:
TOPIC: PEST Analysis for New Business
Learning objectives
 To get knowledge about the importance of a PEST analysis.
 To know about the qualities of a good businessman.
Learning outcomes
After this assignment, student will:
 To understand the role of PEST analysis for goods and services.
 To understand the qualities of a good businessman required for the
success of a business.
Case:
Ali and Hassan are Master of Business Administration degree holders and
they want to establish a new business in Fast Food Industry in partnership
with the name AH Hot & Spicy Fast Foods. For this purpose, they made
analysis of different market situations of this Industry; also for their business
they analyzed different environments in which a business works that social,
technological, political and economic. They are full of team spirit and
having good technical skills and abilities to work and run the business.

After analyzing the market internal and external factors, they received basic
knowledge important for any new enterprise. Finally they decided to start
the business in Islamabad.
Requirement:
Perform a PEST analysis for AH Hot & Spicy Fast Food.
Note:
Your analysis should be based on facts about your city and you are also
required to mention the source of facts you will use for the PEST analysis in
this assignment. IT is also suggested that first you read material about PEST
analysis.
IMPORTANT:
24 hours extra / grace period after the due date is usually available to overcome
uploading difficulties. This extra time should only be used to meet the
emergencies and above mentioned due dates should always be treated as final
to avoid any inconvenience.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL
INSTRUCTIONS
OTHER IMPORTANT INSTRUCTIONS:
DEADLINE:
 Make sure to upload the solution file before the due date on VULMS.
 Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
 Use the font style “Times New Roman” or “Arial” and font size “12”.
 It is advised to compose your document in MS-Word format.
You may also compose your assignment in Open Office format.

Use black and blue font colors only.
REFERENCING GUIDELINES:
 Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information for better understanding or visit
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
 It is submitted after the due date.
 The file you uploaded does not open or is corrupt.
 It is in any format other than MS-Word or Open Office; e.g. Excel,
PowerPoint, PDF etc.
It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students!
As you know that Pre Mid‐Term semester activities have been
started and load shedding problem is also prevailing in our
country now a days. Keeping in view the fact, you all are advised
to post your activities as early as possible without waiting for the
due date. For your convenience; activity schedule has already
been uploaded on VULMS for the current semester, therefore no
excuse will be entertained after due date of assignments, quizzes
or GDBs.

Views: 4467

Replies to This Discussion

omer qureshi thanks for sharing ur idea 

Political - What are the political factors that are likely to affect the business?
Economic - What are the economic factors that will affect the business?
Sociological - What cultural aspects likely to affect the business?
Technological - What technological changes that may affect the business?
Legal - What current and impending legislation that will affect the business?
Environmental- What are the environmental considerations that may affect the business?

 + M.Tariq Malik +

mery kyal se hamen  esy likhna chaye ....pehly factors then Analysis ....Am i right?? 

For example ;;

ENVIRONMENTAL FACTORS

The social responsibilities of McDonald’s on the country are influential to the operations of the company. These involve accusations of environmental damage. Among the reasons why they are charged with such claims is the employ of non-biodegradable substances for their drinks glasses and Styrofoam coffers for the meals. Several civic groups in India have made actions to make the McDonald’s franchises in India aware of the rather abundant use of Styrofoam containers and the resultant abuse of the environment.

Analysis:

The company should find out the environmental regime that governs the operations in every market. It should also monitor the waste disposal of the company. McDonald’s should minimize the use of Styrofoam materials and plastic cups. Constant updating of the social corporate responsibility is imperative. This should also entail that the headquarters should take in hand, a manner of internal control of those that would infringe upon this company objective. Sanctions such as revoking of the franchise license or a particularly high fine should be installed to serve as a deterrent to infringement

A & h fast food Company **

Kindly tell A& H fast food company ka analysis bhi krna haai? aur kasa????

aur qualitiews of good businessmaan bhi likhna haaai?????

guyz in assignment 
(your analysis sholud be based on facts about ur city ) ???

ya kaya hye ???/

Requirement:

Perform a PEST analysis for AH Hot & Spicy Fast Food.
Note:
Your analysis should be based on  facts about your city and you are also
required to mention the source of  facts you will use for the PEST analysis in
this assignment

MERY khayal mein thora sa PEST analysis ko explain krny k bad, is ko  AH Hot & Spicy Fast food pe implement krna hai.. na k PEST analysis k 4 factors ko detail sy bayan krna requirement hai.

yani k wo kya kya POLITICAL,ECONOMICAL, SOCIAL, or TECHNOLOGICAL factors hai jo fast food k business pe aser andaz ho skty hain. for example Political Factor mein hum Hygienic factor ko bayan kr skty hain k Govt of Punjab k kya rules & regulation hain ik Fast Food restaurant k liye...ager ap ko google ya kisi or website sy ye mil jata hai k Govt ki kya strategy hai to wo mention krni ho gi with reference k kon si website pe ye fact diya howa hai. isi terhan baki factors ko describe krna ho ga...

 

kindly tell me and clarify me if I am wrong or even I am right. Thanks

You are Absolutely Rite....

I am agree with You 

NICE CONCLUSION

Please any one Give idea, that whic method is used to make assignment, and from where we can collect facts n figures...

MGT211 1st Assignment solution spring 2013

Requirement:
Perform a PEST analysis for AH Hot & Spicy Fast Food.

Solution:


PEST analysis (Political, Economic, Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.

Political factors are basically to what degree the government intervenes in the economy. Specifically, political factors include areas such as tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability.

Economic factors include economic growth, interest rates, exchange rates and the inflation rate. These factors have major impacts on how businesses operate and make decision

Social factors include the cultural aspects and include health consciousness, population growth rate, age distribution, career attitudes and emphasis on safety.

Technological factors include technological aspects such as R&;d activity, automation, technology incentives and the rate of technological change.

Environmental factors include ecological and environmental aspects such as weather, climate, and climate change, which may especially affect industries such as tourism, farming, and insurance. Furthermore, growing awareness of the potential impacts of climate change is affecting how companies operate and the products they offer, both creating new markets and diminishing or destroying existing ones.

Legal factors include discrimination law, consumer law, antitrust law, employment law, and health and safety law. These factors can affect how a company operates, its costs, and the demand for its products.The model's factors will vary in importance to a given company based on its industry and the goods it produces. For example, consumer and B2B companies tend to be more affected by the social factors, while a global defense contractor would tend to be more affected by political factors. Additionally, factors that are more likely to change in the future or more relevant to a given company will carry greater importance. For example, a company which has borrowed heavily will need to focus more on the economic factors (especially interest rates).


Political - What are the political factors that are likely to affect the business?
Economic - What are the economic factors that will affect the business?
Sociological - What cultural aspects likely to affect the business?
Technological - What technological changes that may affect the business?
Legal - What current and impending legislation that will affect the business?
Environmental- What are the environmental considerations that may affect the business?

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