Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 5
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 5
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "authorlist" on null
Filename: frontend/case1_analysis.php
Line Number: 5
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 5
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 6
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 6
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "authorlist" on null
Filename: frontend/case1_analysis.php
Line Number: 6
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 6
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 15
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 15
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 20
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 20
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 21
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 21
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "authorlist" on null
Filename: frontend/case1_analysis.php
Line Number: 21
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 21
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 23
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 23
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext2" on null
Filename: frontend/case1_analysis.php
Line Number: 178
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 178
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nextlink3" on null
Filename: frontend/case1_analysis.php
Line Number: 180
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 180
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext3" on null
Filename: frontend/case1_analysis.php
Line Number: 180
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 180
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nextlink4" on null
Filename: frontend/case1_analysis.php
Line Number: 182
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 182
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext4" on null
Filename: frontend/case1_analysis.php
Line Number: 182
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 182
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nextlink5" on null
Filename: frontend/case1_analysis.php
Line Number: 184
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 184
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext5" on null
Filename: frontend/case1_analysis.php
Line Number: 184
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 184
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext1" on null
Filename: frontend/case1_analysis.php
Line Number: 198
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 198
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink2" on null
Filename: frontend/case1_analysis.php
Line Number: 200
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 200
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext2" on null
Filename: frontend/case1_analysis.php
Line Number: 200
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 200
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink3" on null
Filename: frontend/case1_analysis.php
Line Number: 203
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 203
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext3" on null
Filename: frontend/case1_analysis.php
Line Number: 203
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 203
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink4" on null
Filename: frontend/case1_analysis.php
Line Number: 206
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 206
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext4" on null
Filename: frontend/case1_analysis.php
Line Number: 206
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 206
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink5" on null
Filename: frontend/case1_analysis.php
Line Number: 209
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 209
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext5" on null
Filename: frontend/case1_analysis.php
Line Number: 209
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 209
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 402
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 402
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 404
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 404
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 404
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 404
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 406
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 406
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 406
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 406
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 408
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 408
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 408
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 408
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 410
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 410
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 410
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 410
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 412
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 412
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 412
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 412
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 414
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 414
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 414
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 414
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "hbrcaselink" on null
Filename: frontend/case1_analysis.php
Line Number: 416
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 416
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 416
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 416
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 426
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 426
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 427
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 427
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casecategory" on null
Filename: frontend/case1_analysis.php
Line Number: 427
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 427
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 427
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 427
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 427
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 427
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 427
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 427
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 431
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 431
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casecategory" on null
Filename: frontend/case1_analysis.php
Line Number: 435
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 435
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 435
Backtrace:
File: /var/www/texasbusinessschool.com/public_html/application/views/frontend/case1_analysis.php
Line: 435
Function: _error_handler
File: /var/www/texasbusinessschool.com/public_html/application/controllers/Wp.php
Line: 115
Function: view
File: /var/www/texasbusinessschool.com/public_html/index.php
Line: 315
Function: require_once
The
Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/case1_analysis.php
Line Number: 439
Backtrace:
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In the Texas Business School,
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The first step to solve HBR
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Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the
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PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in
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As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with
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To do comprehensive PESTEL analysis of case study –
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Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.
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Government policies have significant impact on the business environment of any country. The firm in “
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Data safety laws – The countries in which
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Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices.
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Import restrictions on products – Before entering the new market,
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Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls.
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Foreign Direct Investment Policies – Government policies favors local companies over international policies,
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Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.
Tariffs – Chekout how much tariffs the firm needs to pay in the “
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Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at
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Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.
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Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.
Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.
Corruption level –
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Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.
Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.
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PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in
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