Title: Mr
Essay Details
| Subject: | Business |
| Author: | Joleen P |
| Date: | October 31, 2014 |
| Level: | University |
| Grade: | B |
| Length: | 3 / 658 |
| No of views: | 0 |
| Essay rating: | good 0, average 0, bad 0 (total score: 0) |
Essay text:
A PEST analysis fits into an overall environmental scan as shown in the following diagram:
Environmental Scan
/ \
External Analysis Internal Analysis
/ \
Macroenvironment Microenvironment
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P.E.S.T.
Political Factors
Political factors include government regulations and legal issues and define both formal and informal rules under which the firm must operate...
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Some examples include:
• tax policy
• employment laws
• environmental regulations
• trade restrictions and tariffs
• political stability
Economic Factors
Economic factors affect the purchasing power of potential customers and the firm's cost of capital. The following are examples of factors in the macroeconomy:
• economic growth
• interest rates
• exchange rates
• inflation rate
Social Factors
Social factors include the demographic and cultural aspects of the external macroenvironment...
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Common topics in this essay:
- Compare and contrast the strategies of war planning and business planning. What internal (micro) and external (macro) environmental factors or forces are considered important for the success of planning in business and war?
- Describe the benefits and limitations of the models used to analyse the internal and external environment of the firm.
- External and Internal Factors
- External and Internal Factors
- External and Internal Factors: AT&T
- External/Internal Factors
- External/Internal Factors
- External/Internal Factors
- External/Internal Factors
- Internal And External Factors
- Internal and External Factors
- What factors determine a firm’s financing choice?
- The Neanderthal should be Classified as a Subspecies of Modern Man
- The Neanderthal should be Classified as a Subspecies of Modern Man
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