THIS IS CZECH! (Part 3)

i asked my CZECH group mate to do a porter's and pest 5 forces analysis. this is the answer i got.

Hi,

I send some informations about Czech market and its development. It´s instead of the total PEST analysis.

Katka

and the document she sent me is here.

Gross domestic product

Real GDP grew by 6.0% year-on-year in the second quarter of 2007; nominal GDP rose by over ten percent and the overall price level increased by nearly four percent. The growth of overall demand was equally caused by household final consumption expenditure and gross capital formation; the contribution of external trade was very small.
According to preliminary estimates, real GDP increased by 6.0% in Q2 2007 compared to Q2 2006. Adjusted for seasonal and working day effects, GDP grew by 1.4% in comparison to Q1 2007. With reference to information sources update, estimated growth of GDP in Q1 2007 increased from 6.1% to 6.4%.

Supply side of the economy

A year-on-year increase of 6.0% in gross value added (constant prices) was mainly due to three, in terms of volume the most important industries: manufacturing (+10.5%), wholesale and retail trade and repair of motor vehicles (+14.2%) and real estate, renting and business activities (+11.3%).

if u have not noticed by now, there is totally no relation to pest or porter's 5 forces. what's even more impressive is that if u google it the whole document comes up at this website. http://www.czso.cz/eng/csu.nsf/informace/ahdp090707.doc

did i mention there was no citations or references made? she passed it off as her own.

i am majorly impressed. university students in the most famous economics university in the czech republic.

THIS IS CZECH.