Use the PESTEL Framework for a company in St. Vincent and the Grenadines and discuss how the factors have impacted the sector in which the selected organization is categorized.
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Good afternoon, please assist with question. Use the PESTEL Framework for a company in St. Vincent and the Grenadines and discuss how the factors have impacted the sector in which the selected organization is categorized. Thanks in advance
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- Do you know of any small business such as sari-sari store or small shop in your community? Describe the nature of the business. What goods or services are offered by this business? What if this business does not exist, how would this affect your community?Select an e-commerce company. Identify its customer value proposition, its revenue model, the marketspace it operates in, who its main competitors are, any comparative advantages you believe the company possesses, and what its market strategy appears to be. Also try to locate information about the company’s management team and organizational structure.Think of a popular local or international enterprise to analyze in this activity. 1) Identify the business you are analyzing 2) How did the marketing mix of the business help in achieving a name in the industry? 3) Identify the weak points of their marketing mix that might need to be improved. If there are only a few weak points researched, what then can be possible opportunities for their marketing mix to be better? 4) Suppose you were working in this business and you were tasked to decide on a new product to launch, what product would it be and how would you market and promote it?
- Discuss the importance of business and industry. Explain the relationship between industry, commerce, and trade. Explain what commerce is and describe its component parts. Finally, discuss the importance of the formal study of business in the present era.Discuss the contribution of the hospitality industry to local, national and international economies and provide statistics.To make themselves more marketable, many people obtain multiple credentials or specializations. Describe some possibilities for dual credentials and cross-training based on the descriptions of professions given in this chapter. What benefits are provided by dual credentials and cross-training? What professions not described in this chapter would also lend themselves to dual credentials?
- Answer the following: How has e-commerce changed over the years? Do you prepare shopping in online or in-person? Why? What are some challenges that businesses face when operating online?What are the different strategies that you will do to promote Hospitality and tourism industry?What are the differences between domestic businesses in the United States and international businesses in China at a marketing level?