Pestle Analysis On Recreational Facilities.
Pestle Analysis On Recreational Facilities.
Pestle Analysis On Recreational Facilities.
Quezon City
Submitted by
Submitted to:
2023
About the Company
The Marikina Sports Center, also known as Marikina Sports Park and formerly known as Rodriguez
Sports Center, is a sports complex located in Marikina, at the corner of Shoe Avenue and Sumulong
Highway in Metro Manila, Philippines.
It is the current home venue of the Marikina Shoemasters of the Maharlika Pilipinas Basketball League
(MPBL) and its volleyball counterpart, the Marikina Lady Shoemasters of the Maharlika Pilipinas
Volleyball Association (MPVA). Previously, it also served as the home venue of JPV Marikina F.C. from
2017 until 2018.
It also has hosted other sporting events, such as the Palarong Pambansa in 2023.
Prior to its current sports facilities, the area is a site of PNR Mariquina Station back in the early 1900s.
The Rodriguez Sports Center was built in 1969 under the Rizal Governor Isidro Rodriguez Sr. on a 3
hectares (7.4 acres) land owned by Marikina, then a municipality of Rizal. It is turned over to the
Marikina municipal government under Mayor Bayani Fernando in 1995 and was renovated in 2001
under Mayor Maria Lourdes Carlos-Fernando and was renamed the Marikina Sports Park.
PESTLE ANALYSIS
Political
Political or politically motivated factors that could affect the business.
Questions to ask:
1. What government policies or political groups could be beneficial or detrimental to our success?
Government policies and political groups play a crucial role in shaping the success of a
nation. While some policies and groups can be beneficial, others can be detrimental to
our progress. For instance, policies promoting investment in education and healthcare
can enhance human capital and improve overall productivity. Similarly, political groups
advocating for social justice and equality can foster inclusivity and harmony within
society. On the other hand, policies favoring monopolies or discriminatory practices can
hinder economic growth and exacerbate social disparities. Therefore, it is imperative to
support government policies and political groups that prioritize the welfare of all citizens
for long-term success.
Economic
Overall economic forces that could affect what you’re trying to do.
Examples include: Economic trends, growth rates, industry growth, seasonal factors, taxation,
inflation, interest rates, international exchange rates, International trade, labor costs, consumer
disposable income, unemployment rates, availability of credit, monetary policies, raw material
costs, etc.
Questions to ask:
3. How does each economic factor impact our pricing, revenues, and costs?
Each economic component is important in deciding a company's price, revenues, and
costs. For instance, supply and demand have a direct impact on pricing. When demand
exceeds supply, prices rise, resulting in increased revenue. In contrast, when supply
exceeds demand, prices fall, resulting in decreased revenues. Second, inflation has an
effect on costs since it boosts the prices of raw materials and labor. As a result,
production costs increase, and consumer prices increase as well. Lastly, pricing methods
are influenced by competition, as organizations attempt to offer competitive prices to
attract customers while retaining profitability. In short, companies must comprehend
and analyze these economic elements in order to make informed judgments on pricing
strategies and financial viability.
Social
Social aspects, attitudes, and trends that influence your business and target market.
Examples include: Attitudes and shared beliefs about a range of factors including health, work,
leisure, money, customer service, imports, religion, cultural taboos, the environment;
population growth and demographics, family size/structure, immigration/emigration, lifestyle
trends, etc.
Questions to ask
1. How do our consumer’s values and beliefs impact on their buying habits?
Consumer values and beliefs play a crucial role in shaping their buying habits. People's
purchasing decisions are often influenced by their personal values and beliefs, which can
range from environmental sustainability to social responsibility. For instance, individuals
who prioritize eco-friendliness may opt for products that are ethically sourced or have
minimal carbon footprints. Similarly, those who value supporting local businesses may
choose to buy from small-scale enterprises instead of multinational corporations.
Ultimately, consumer behavior is driven by the alignment of their values with the
products or brands they choose, making it evident that values and beliefs significantly
impact buying habits.
2. How does human behavior or cultural trends play a role in our business?
Human behavior and cultural trends have a large influence on our business.
Understanding how people act and the cultural shifts that occur enables us to adapt and
succeed in a market that is continuously evolving. Consumer behavior, for example, has
an impact on our marketing strategy and product development. We can identify growing
wants and preferences by monitoring cultural trends, allowing us to customize our
offers accordingly. Furthermore, knowing human behavior assists us in creating a
healthy work atmosphere by recognizing individual uniqueness and encouraging
collaboration. Finally, organizations must recognize the impact of human behavior and
cultural trends in order to remain competitive in today's dynamic landscape.
Technological
Technology that can affect the way you make, distribute, and communicate your products and services.
Questions to ask:
Legal
Current and future legal and regulatory requirements impacting on the business.
Examples include: Laws regarding consumer protection, labor, health & safety, antitrust,
intellectual property, data protection, tax and discrimination; international and domestic trade
regulations/restrictions, advertising standards, product labeling and safety standards, etc.
Questions to ask:
Environmental
Environmental forces impacting your businesses and/or customer’s geographical location, the
surrounding environment, and natural resources used by your organization.
Examples include: Weather, climate change, your carbon footprint, environmental regulations,
pollution laws and targets, recycling and waste management policies, endangered species,
support for renewable energy, etc.
Questions to ask:
Recommendations
The Marikina Sports Center is a recreational facility that offers various activities such as
swimming, basketball, and jogging. These activities can significantly improve people's
health in several ways. Firstly, swimming is a low-impact exercise that helps strengthen
muscles and improves cardiovascular health. Secondly, basketball is an intense sport
that promotes agility, coordination, and endurance. Lastly, jogging is a great way to burn
calories and maintain a healthy weight. By providing these facilities, the Marikina Sports
Center encourages individuals to engage in physical activities regularly, leading to
improved overall health and well-being. Therefore, it is evident that the recreational
facility of Marikina Sports Center plays a crucial role in enhancing people's health