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PEST analysis
POLITICAL ECONOMIC SOCIAL TECHNOLOGICAL
o Applying for o Planning o Proper handling o Applying permits and marketing of products to be different trends registrations strategies to be sold in technology o Assuring that the used in the o Providing quality o Having online location of the business expectations bookings business would o Combating o Identifying o Allowing mobile bring in seasonal change market using payment to customers by adaptation social media, customers o Watching out for o Doing marketing advertisements, o Having the right the change in campaigns as a and other technology to taxation rate way to advertise promotional improve service o Applying of the business materials and keep future laws with o Currency o Valuing customers the change in exchange rate customer entertained government for imported perceptions and o Installment of o Applying materials & preferences energy saving international goods o Studying market technology trade regulations o Hiring preferences in employees with advertising different skill fitting for the business SWOT analysis
STRENGTHS WEAKNESSES OPPORTUNITIES THREATS
o Offering a o Management of o Experiencing o Competing with variety of food system failures seasonal well known choices o Lacking of changes restaurants o Having a employee o Acquiring high- o May not be able complete dedication end and to meet market inventory, o Lacking of start- emerging demand permits and up cash technologies o Employees/ registrations o Adequate o Profitable customers trying o Having good training of location for the to ruin the name quality service employees business of the business o The business o Poor scheduling o International o Change in the would be going of staff members influences and government international partnerships o The ambiance in o Increasing in the hotel and globalization restaurant that leading to would make customers customers feel at home o Having a high market demand o Correcting behavioral problems amongst employees