Class 06 Activity - PESTLE AND FIVE FORCES

:5565ToQlNNitNNiIHHcFGFFQl ± 6112KJJeLLgFGFFQl /*IHHcToSnToRmNNiIHHc =8898ToIHHcNNiFGFFQl ± -(uQlturFGFFQl >99:9KJJeIHHcMMhSnToQlToLLgNNiIHHcFGFFQl ° Certified in certain countries± but not in others ²US but not UK³ ° When expanding to other markets ²international³± need to comply with their regulations ° The medicinal homeopathic industry is growing± and in two years is expected to add ´µ¶·bil in two years ° ° Only company within the space that provides the benefits of the topical cream ° The industry is very saturated and can only be penetrated through the development of new features of products ° Targeting individuals within the age range of ¸¹°elderly ° Growing acceptance of homeopathic acceptance± including the introduction of extra shelf space of homeopathic products /*SnvNNirToSnRmKJJeSntFGFFQl ° Staying from chemicals and environmentally damaging products ° Increasing demand for natural products± especially due to the increase in medical studies supporting the use of natural products in topical creams -(ToRmpFGFFSny±3../SnJIIdustry#$ Pain Away Ltd¶ º Homeopathic internal and topical analgesics 2--NNiLLgMMhQlNNiLLgMMht \_W KKfFGFFIHHctTors from your list above that might have a sizable impact on your business plan company¶

=8898?::;::5565:556561123..//*<7787 :55659445A<<=<</*<7787 ,?::;:>>?>>/*<7787 :55659445A<<=<</*<7787 >99:92--<7787/*+>99:9 94450++ 8334/*A<<=<< /*8334>99:9<7787+8334>99:9 >99:92--<7787/*+>99:9 94450++ =8898?::;:,=8898>99:93../>99:9?::;:>99:9/* -(94457223:5565/*>99:93../>99:93../@;;<;/* <77873../@;;<;+6112<7787>>?>> ● Relatively high threat of new entrant due to the ·»» existing industries± as well as any new possible entrants ● ● Suppliers have low power± majority of the existing members produce their own products = low level of external inputs ● insert ideas here ● Due to the size of the industry± as well as its emergence± the industry is relatively ● ● High buyer power due to the large range of products ● As the new generation is more health and naturally conscious are relatively ● High threat of substitutes due to the fact that people are used to pills and other forms of methods for so long ● Furthermore± most of the products within the industry are similar 3../SnJIIdustry#$ Homeopathic internal and topical analgesics -(ToSnIHHcQlusNNiToSns ToKKf 3../SnJIIdustry +ttrFGFFIHHctNNivKJJeSnKJJess #$ Insert thoughts here 3../RmpFGFFIHHct ToSn 0++urtMMhKJJer +SnFGFFQlysNNis ² -(ToSnsNNiJIIdKJJerFGFFtNNiToSns KKfTor :5565TotKJJeSntNNiFGFFQl <7787KJJeIHHcToRmRmKJJeSnJIIdFGFFtNNiToSns#$ Insert thoughts here