12/27/2023 0 Comments Macro environment analysis example![]() They refer to framework given by politics. Political and legal factors are here regarded as a unit. The different environmental factors are covered below. The equality for every company is the main characteristic of the factors in an environmental analysis. Consequently, when one factor changes it also affects the others. To explain these environmental factors, it is necessary to say that most of the factors depend on each other and that they change over the years. ![]() Two more factors, the legal and environmental factor, are defined within the PESTLE analysis. ![]() PEST stands for political, economical, social and technological factors. One instrument to analyse the company's external environment is the PEST analysis. There are different instruments to analyze the company's environment which are going to be explained afterwards. The latter is mostly the more difficult option. It is finally the task of the management to adapt the firm to its environment or to influence the environment in an adequate way. In addition, the factors are analyzed to evaluate external business developments. Furthermore, many other strategic decisions are based on this analysis. A company is thereby able to determine its location sites. This environmental framework also gives information about location issues. Many environmental factors, especially economical or social factors, play a big role in a company's decisions, because the analysis and the monitoring of those factors reveal chances and risks for the company's business. A company is influenced by its environment. Though, the global environmental analysis describes the macro environment of a company. Except for the global environmental analysis, all other analyses can be found on the micro level. This system can be divided into a macro and micro level. This analysis is part of a company's analysis-system, which also comprises various other analyses, like the industry analysis, the market analysis and the analyses of companies, clients and competitors. The analysis of the global environment of a company is called global environmental analysis. Analysis of the global environment of a company
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |