PESTEL analysis of the real estate industry

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PESTEL analysis of the real estate industry This is a detailed PESTEL analysis of the real estate industry which should help buyers and sellers make informed property buying decisions. There is no doubt that the real estate is one of the most dynamic, fast-paced, and competitive industries in the world today. Therefore, buying, selling, and managing properties require a combination of skills and expertise. In addition, the changing market, new laws and regulations, and the latest technology are all contributing to the volatility of the industry. As a result, there […]

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PESTEL analysis of the financial services industry

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PESTEL analysis of the financial services industry This detailed ‘PESTEL analysis of the financial services industry’ explores how this industry is influenced by global macro factors. Financial services are an essential part of the modern economies. This industry comprises of variety of firms and institutions e.g. banks, credit card companies, insurance companies, building societies, lenders, and real estate brokers. Political factors that affect the financial services industry Political factors can significantly affect the financial services industry due to its reliance on government regulations. These factors can either positively or negatively […]

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Advantages and disadvantages of external recruitment

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Advantages and disadvantages of external recruitment This article evaluates some of the advantages and disadvantages of external recruitment. Certainly, there are many benefits to hiring employees through an outside source, which is why many businesses often use this option to fill key positions. However, there are some risks and challenges that need to be considered seriously as well.   What is external recruitment? According to CIPD (2021) external recruitment is when a business looks to fill vacancies with any suitable applicants outside the organisation. It is about hiring people who […]

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PESTEL analysis of Finland

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PESTEL analysis of Finland This is a comprehensive PESTEL analysis of Finland. It shows how different macro factors are interrelated and have impacts on Finland. PESTEL stands for political, economic, social, technological, environmental, and legal.   Political factors affecting Finland Finland is a Nordic country. It is officially known as the Republic of Finland. It is a representative democracy where the Prime Minister is the most powerful person. Top political parties are National Coalition Party, the Social Democratic Party of Finland (SDP), the Finns, Centre Party, Left Alliance of Finland, the […]

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Advantages and disadvantages of performance appraisal

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Advantages and disadvantages of performance appraisal  This is an in-depth analysis of the advantages and disadvantages of performance appraisal. Performance appraisal is a process aimed at evaluating employee performance. Some analysts argue that it has several advantages such as giving managers a chance to communicate with employees about their work, increase productivity, and create a positive work environment. However, they have also identified some challenges associated with it.   What is performance appraisal (review)?  According to CIPD (2022) performance appraisal forms part of a holistic approach to managing performance. It […]

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Advantages and disadvantages of internal recruitment

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Advantages and disadvantages of internal recruitment  This detailed article examines some of the advantages and disadvantages of internal recruitment. When it comes to recruiting people, managers have two options i.e. whether hiring someone from within or outside the company. Companies understand that sometimes they need to stop looking for employees externally and start looking internally. There are many reasons behind it which this article intends to explore.   What is internal recruitment? Internal recruitment takes place within the organisation. It is when a business looks to fill the vacancy from […]

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PESTEL analysis of Scotland

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PESTEL analysis of Scotland (Country Profile) This is a comprehensive ‘PESTEL analysis of Scotland (Country Profile)’. It identifies and explains several powerful factors that affect Scotland today. These factors may also have an impact on the future of the country.   Political factors that affect Scotland Scotland is a small country in the United Kingdom. Its capital city is Edinburgh. Notable political parties in the country are Scottish National Party (SNP), Scottish Conservative & Unionist Party, Scottish Labour, Scottish Green Party, and Scottish Liberal Democrats.   The Scottish Government has […]

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Front office functions in hotels

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Front office functions in hotels This article explores the organisation of the front office functions in hotels. The front office staff must deal with all the guests, including checking them in, dealing with their complaints and requests, and providing them with information on local attractions, and services. It is a challenging job that requires a lot of knowledge, skills, passion, and patience. This article provides information on what hotel front office jobs are like, how to get a job in this field, and how to be successful in it.   […]

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Types of accommodation services (types of hotels)

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Types of accommodation services (types of hotels) This detailed article aims to explain different types of accommodation services that are available within the global hospitality industry. In other words, it aims to explain different types of hotels. The hotel industry is booming today as many people travel to different cities and countries. The industry offers many types of hotels; however, distinguishing them from each other is not an easy task.   What are the different types of hotels? There are many different types of accommodation services in the world e.g. […]

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SWOT Analysis of Canada (national SWOT)

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SWOT Analysis of Canada (national SWOT) This is a comprehensive SWOT analysis of Canada (national SWOT). Surely, it is not hard to see why Canada is one of the most interesting countries in the world. With its diverse and impressive history, beautiful landscapes, and friendly people – this country has it all. However, it faces some challenges as well.   Strengths of Canada Canada has an incredibly rich history, which dates back to the first inhabitants of North America. Amongst these indigenous people are the First Nations and the Inuits. […]

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