pestel analysis of mining industry free essays
Gold Mining Industry Analysis
The Gold Mining Industry has experienced a huge amount of growth since the beginning of the financial crisis. With the price of gold being at $639 in January 2007 before the beginning of the financial crisis and now in June 2010 the price of gold reaching $1220, there is no denying the interest of gold between investors and governments. Investors are seeking ways to protect themselves from inflation and any other type of financial crisis that...
Gold as an investment, Gold mining, Placer mining 926 Words |
I. Industry Classification:
a. Life Cycle Position:
The mining industry is in the mature phase of the Industry life cycle, with established firms having a stronghold in the industry and specific products and regions. There is scope for further consolidation within the firms in the industry and expected returns are high as the global mining index has outperformed the overall market indices.
b. Business Cycle:
The mining industry is a cyclical industry as the change in GDP affects...
Mining, London Stock Exchange, United States dollar 681 Words |
A Macro-Environmental Analysis of the Wine Industry in Turkey
A factor that influence a company's or product's development but that is outside of the company's control is known as macro environment. In this paper, all dimensions that affect that wine industry in Turkey are investigated. It is important to observe the wine industry in terms of political, economic, socio-cultural, technological and natural aspects; it is called as PESTEL analysis. This analysis which provides the deeper look...
Natural environment, Ecology, Vitis vinifera 618 Words |
SWOT and PESTEL analysis of the automobile industry
At the beginning the gas price and economy were stable, this create conducive environment for car manufacturers, Vehicle sale has become stronger in the market, than it was anticipated due to expected economic growth, where by industry marketing expenditure were flat at $ 1,505 million and later increased $39 ml to 1544 ml due to aggressive advertising and promotion increase despite growing sales, oil prices were doubled in the December, and raise...
Internal combustion engine, Energy conservation, Automobile 901 Words |
Assessment of the external macro-environment in which the firm operates can be expressed in terms if the following factors
In Britain political awareness of the importance of the motorsport industry has
grown in recent years especially during the Blair tenure. Frank Williams was
knighted in 1999.
Political pressure on Formula One has also strengthened abroad, with other
countries gaining the right to host the races.
The Asian Countries: China, Indonesia, Malaysia...
Economics, Formula One, Max Mosley 866 Words |
In this part all factors, which influence the company as a whole but are out of their direct control including wider social, political and economic factors shall be explained. The analysis of those factors of the macro-environment is therefore often known as PESTEL analysis.3
PESTEL is an acronym for the six key strategic areas of change: Political, Economic, Social, Technological, Ecological and Legal and a technique for understanding the various external influences on a business4...
European Union, Avianca, Southwest Airlines 809 Words |
environment (part 1)
Whats going on out there
now and in the future?
Environmental influences in the broadest sense
Environmental influences related to the dynamics of
the industry under question
Porters Five Forces (Porter, 1980)
The automobile industry
Climate change agenda
Expansion of EU
Changes in disposable income
Porter five forces analysis, Barriers to entry, Michael Porter 886 Words |
goods in the global marketing is extremely challenging. Discuss the major political, economic, socio-cultural, technological, legal and ecological challenges that a global marketing manager may have to contend with?
The following analysis known as the PESTEL analysis is a framework used to scan the organizations external macro environment which refers to forces that are part of the larger society and affect the micro environment. Selling and marketing goods in the global market intensifies these...
Environment, Law, Marketing 989 Words |
The PESTEL framework evaluates the external environment variables to identify general opportunities and risks of particular strategies.
With selling cars in 17 countries ,Tesla Motors has to deal with distinctive political patterns influencing its business operations.One of the major political factors affecting the industry is environmental protection laws to induce production of more environmental cars to meet strict emission levels. ThesecondimportantfactorisUSgovernmentenergyloanprogramsfor...
Plugless Power, Automobile, Electric vehicle 708 Words |
The mining sector is made up of organisations whose primary activity is the extraction of naturally occurring mineral solids or natural resources. Examples of these types of minerals are coal, ores and precious stones. The mining industry also broadly covers quarrying and well operations. The sector comprises two basic activities: mine operations and mining support activities.
"Mine operations" involve setting up the mine, quarry or well for the organization, or on behalf of another organization...
Rio Tinto Group, BHP Billiton, Diamond 1669 Words |