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PEST Analysis on Hollister company : Assignment

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Added on  2020-10-22

PEST Analysis on Hollister company : Assignment

   Added on 2020-10-22

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PEST Analysis on Hollister
PEST Analysis on Hollister company : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. PEST analysis on Hollister......................................................................................................1CONCLUSION................................................................................................................................3REFERENCE ..................................................................................................................................4
PEST Analysis on Hollister company : Assignment_2
INTRODUCTIONA PEST analysis is an analysis of the external macro-environment that affect to business.PEST is an acronym for the political, economic, social and technological factors of externalenvironment. Present study is based on the “Hollister” is an American lifestyle brand owned byAbercrombie & company. It is founded in July 27, 2000. They want start their new business inSouth Africa. They have currently stores across the US and Europe. Study lays emphasis onPEST analysis on Hollister company. TASK 11. PEST analysis on Hollister.Political factorGovernment regulation and legal factors affect the Hollister environment and trademarket. The main issues in this factor includes Political stability, tax guidelines, traderegulations, safety regulation, and employment laws (Abner and Spurgeon, 2018). Customarylaw followed by the South Africa government. This law affect to the Hollister business. Theyhave to do changes according to this law. South Africa's trade policy can also affect thedecision-making of Hollister while expanding market over there. Like for example Companymust engage in providing employment opportunities to people of that region and supportregional growth. South African Customary law can also affect there business, like services mustbe given according to the needs and demands of people. Economic factorWith this factor, Hollister can examine the economic factors issues that have impact onthe company. This include factors like inflation, interest rate, economic growth, theunemployment rate and policies and the business cycle followed by the firm (Ingrao and et.al.,2017). South Africa's economic condition can impact the performance of their stores. Forimproving the sales the economical condition of region must be stable. Like for example due tohigh inflation rate in South Korea Hollister has bear loss. For example: Increase in labour rate can impact the business and customers too. That simplymean is the number of labours are working in the business. In the South Africa they introducetheir new store. Their they want higher number of worker who are working with them. In case1
PEST Analysis on Hollister company : Assignment_3

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