The PESTEL framework provides a broad analysis of six major organizational factors; Political, economic, social, technological, environmental, legal. The origin of the PESTEL diagnostic model is fairly ambiguous, as it has only recently become a staple in corporate human resource environments within the last ten to fifteen years. The model itself is a broad snapshot of an organization’s big picture. In other words, the PESTEL diagnostic model can be used to help identify strengths, weaknesses
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pressure among the top management to meet the most important performance indicator Expense-to-Revenue(E/R) ratio, even when the entire telecommunication industry is facing adverse conditions at the onset of economic recession and the aftermath of the dot-com bubble collapse. This pressure on top management provided the necessary motivation to commit to fraudulent accounting practices. Adding to the motivation, the culture within the organization is very diluted with no proper corporate code of conduct and
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Financial Analysis Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 Company that started as six Junior departments stores in the San Francisco Bay Area in August of 1982, that is now headquartered in Dublin, California and since June 1989 it has been reincorporated in Delaware. The company expanded rapidly and ended the 1986 fiscal year with total sales of $534 million and 121 stores in 16 states. Ross Dress for Less is now the largest off-price apparel and home fashion chain
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Meeker of Morgan Stanley have indicated the Internet Sector to hold promising investment opportunities, therefore Creative Computers and its subsidiary Ubid present potential prospects for investment. Analysis: Internet Sector: Dot-com Bubble The dot-com bubble has enabled the Internet sector and its related fields to yield earnings at an above-average rate relative to the market. Hence the expected return on these growth stocks is great (see figure below). However these investments involve
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The Intern yep April 9, 2012 yep The Internet The internet has changed the world as we knew it. The world no longer communicates, does business, or perches commodities in the same a traditional way. E-mail, instant massager and chat rooms were the first innovations to be used by the public. As time went on more and more people depended on the internet to communicate with each other. It did not take long for the U.S. Postal service to see the decline in mailed letters. With the internet being
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. 1 Introduction The real estate market, like other markets, is subject to the pressure of supply and demand. When speculation runs wild, prices can inflate rapidly. This is a "housing bubble." The danger in this situation is that the market will not be capable of sustaining the inflated prices, so the value of properties begins to come down, sometimes
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Dot-Com Bubble Table of Contents Abstract ................................................................................................................................................... 3 Introduction ............................................................................................................................................. 4 Causes ...........................................................................................................................................
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Industry Introduction: The newspaper industry has a long history in US. It is considered to start in Boston in 1690, when Benjamin Harris published Publick Occurrences both Forreign and Domestick. Its product, newspaper, is a periodical publication containing news of current events, informative articles, diverse features, editorials, and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. The newspaper industry now has annual revenue of 33.8billon, of
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Was motorcar ownership the most important reason for improvements in the way of life? I don’t think that motorcar ownership was the most important reason for improvements in the way of life. Although it was a heavily contributing factor, there were other reasons that meant consumers had a lot more free money to spend. For example, the Republicans had recently been elected into power in America. Their policies had included lowering taxes, initially increasing the amount of spare money people had;
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1- Why are foreign workers a vital source of competitive advantage for U.S. firms in certain industries? What are the limitations of U.S. workers in some of these fields? Foreign workers have proved to be a vital source of labor for a large number of USA firms. This is because they possess high skills, which are not available among local American citizens. In some technical industries such as nursing and computer programming, there is a shortage of skilled personnel. Consequently, firms have opted
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