...and Federal Copyright Laws and treaties, and as such any unauthorized reprint or use of this material is strictly prohibited. You may not copy, forward, or transfer this publication or any part of it, whether in electronic or printed form, to another person, or entity. Reproduction or translation of any part of this work without the permission of the copyright holder is against the law. Your downloading and use of this eBook requires, and is an indication of, your complete acceptance of these ‘Terms of Use.’ You do not have any right to resell or give away part, or the whole, of this eBook. PESTLE Analysis Table of Contents Preface 2 Visit Our Website 3 Introduction 4 PESTLE Analysis 6 PESTLE Factors 10 Political Factors 12 Economic Factors 13 Social Factors 15 Technological Factors 16 Legal Factors 18 Environmental Factors 20 Summary 22 Other Free Resources 23 References 24 ISBN 978-1-62620-998-5 © www.free-management-ebooks.com 1 PESTLE Analysis Preface The PESTLE Analysis is a useful method to use in order to identify the external factors that influence an organization. You will learn: ●● How the PESTLE Analysis can be used in conjunction with other strategy tools ●● How the six factors of a PESTLE Analysis are classified ●● How to carry out a PESTLE Analysis ●● How to evaluate the relevance of a PESTLE Analysis ●● ...
Words: 4847 - Pages: 20
...Sustainability? Tom Kuhlman 1,* and John Farrington 2 1 2 Agricultural Economics Research Institute, Wageningen University, P.O. Box 29703, 2502LS The Hague, The Netherlands Institute for Rural Research, Geography and Environment, University of Aberdeen, Elphinstone Road, Aberdeen AB24 3UF, Scotland, UK; E-Mail: j.farrington@abdn.ac.uk * Author to whom correspondence should be addressed; E-Mail: tom.kuhlman@wur.nl; Tel.: +31-70-3358-232; Fax: +31-70-3615-624. Received: 17 September 2010; in revised form: 15 October 2010 / Accepted: 19 October 2010 / Published: 1 November 2010 Abstract: Sustainability as a policy concept has its origin in the Brundtland Report of 1987. That document was concerned with the tension between the aspirations of mankind towards a better life on the one hand and the limitations imposed by nature on the other hand. In the course of time, the concept has been re-interpreted as encompassing three dimensions, namely social, economic and environmental. The paper argues that this change in meaning (a) obscures the real contradiction between the aims of welfare for all and environmental conservation; (b) risks diminishing the importance of the environmental dimension; and (c) separates social from economic aspects, which in reality are one and the same. It is proposed instead to return to the original meaning, where sustainability is concerned with the well-being of future generations and in particular with irreplaceable natural resources—as...
Words: 6817 - Pages: 28
...Asia". It is still not clear whether 'green growth' is a new transitional shift or just another gimmick to cover up inconsistencies between economic and environmental objectives of governments. There is no universally accepted definition of green growth. But normally it is being treated as a synonym to sustainable development. "Green growth is fostering economic growth and development, while ensuring that natural assets continue to provide resources and environmental services on which our well-being relies"-OCED. So green growth basically emphasizes on the efficient use of natural resources that minimizes pollution and environmental impacts at the same time it also plays role of environmental management and natural capital in preventing physical disasters. Main focus of green growth is low carbon growth that promotes growth with the help of creation of new environment friendly products. Green growth is matter of both economic policy and sustainable development. Politicians normally think that today's voters are more concerned with basic problems like inflation, unemployment and corruption etc. but don't attach more weight to expected growth for unborn generations. But green growth is now generating a diversity of political positions, from enthusiastic to cautious. For example, China had already become the largest producer of clean technology in financial terms,...
Words: 1416 - Pages: 6
...21057393 Introduction Information Technology found its roots in business during the late 20th century and has grown to become an integral and dominant aspect of almost all organisations in the 21st century. Technology itself has fuelled this growth due to the creation of the internet in the late 1980s, leading to information becoming both readily available and easily accessible in a way in which it has never been before. This access to information has enabled people to create systems and information networks within organisations that enhance intellectual capital and efficiency, productivity, and storage and communication of information. Xero™, for example, is a software company which offers financial, accounting, and inventory management packages which automate and generate financial reports as well as various other functions. The creation of these types of systems has had a profound impact on the decision making process within the contemporary dynamic workplace. As stated in Stata, R, 1989, “The new information system is helping managers on both sides to understand their business better and to make better decisions” This wave of new information technology brings new responsibilities and skill requirements for employees as well as presenting novel challenges and opportunities for organisations. With automation of many traditional roles, employees may find themselves either redundant or in need of retraining to deal with the influx of new technology. Modern managers are put in situations...
Words: 2918 - Pages: 12
... * Standard One: Lead With Vision- A school administrator is an educational leader who promotes the success of all students by facilitating the development, articulation, implementation, and stewardship of a vision of learning that is shared and supported by all stakeholders. ( ISLLC 2008: 1ELCC1) | Knowledge | Skills | Enduring Understandings | Essential Questions | Administrators will know… | Administrators will be able to … | Administrators will understand that… | | An administrator will know how to communicate with his/her faculty. | Collaboratively develop and implement a shared vision and mission (ISLLC 2008: 1ELCC1). Teachers and parents will recognize the broad academic and operational assurances of the vision, as well as its commitment to its students and the community. This will enable stakeholders to apply the mission promptly and correctly. Furthermore, create a linkage between the school and community. | They must develop a shared vision, then plan and implement activities around their vision, allocate resources to support their vision, collect and use data, and monitor progress and revisit when necessary. (Green, 2013). | Does the administrator engage stakeholders when developing or revising the school vision and mission statements? Is student data, assessment data and relevant demographic data used in developing the mission?Does the administrator effectively communicate the vision and mission of the school to staff, parents, students, and community...
Words: 4985 - Pages: 20
...Task 1 : introduce your business a. Briefly describe the type of business size and number of employees . Bankstown Lidcombe Hospital is a principal referral group A1B hospital with tertiary affiliations to the University of NSW, University of Sydney and University of Western Sydney providing a wide range of general medical and surgical services and sub-specialty services to a local Bankstown/Canterbury community. It is part of South Western Sydney Local Health District.it has 454 beds and over 1400 emloyes between doctors , nurses , radiolgiest , administration , and other services . b. Laws are put into place to protect everyone - the customer, the employee and the company. You are not expected to be a lawyer, but being aware of the relevant legislations will help your organisation run more smoothly and avoid complications in the future, such as getting tied up in lengthy legal battles for unfair staff dismissal etc. Some of the common legislations applicable to traders include the Consumer Protection Act 1987 and the Consumer Protection from Unfair Trading Regulations 2008. These regulations are put into place to protect the consumers' rights and ensure they receive good quality products or services at all times. Duty of care : The responsibility or the legal obligation of a person or organization to avoid acts or omissions (which can be reasonably foreseen) to be likely to cause harm to others. Accessible parking Bankstown-Lidcombe Hospital has a number...
Words: 3774 - Pages: 16
...thorough SWOTT analysis we will look at the external and internal trends to identify strengths, weaknesses, opportunities and threats that the company could potentially face. SWOTT Analysis In order to conduct a successful SWOTT analysis we will need to assess the market, our company, and our competition. Additionally the organization will need to review any areas that could potentially generate a loss in sales or generated revenue. The first thing we will look at to identify potential future opportunities is our strengths and weaknesses. By identifying the current strengths the organization can identify what is currently working and if there could be any enhancements to make it better. By reviewing the weaknesses of the operation will help with identifying certain areas to alleviate as well as modify to hopefully at some point move into the strength column. Next the company will want to identify any opportunity that is where a need may exist and could potentially move into a profit. As a final piece the company will look at the threats which will look at any challenge posed by a negative trend or development that could potentially lead to a decrease in profits or sales. External Factors Economic The economic external force plays a large part in the Bucceri Agency. There is a large relationship between the number of sales and how individuals are fairing financially. We offer a wide array of products and...
Words: 1043 - Pages: 5
...Executive Summary This report looks at the corporate social responsibility (CSR) efforts and activities undertaken by Grameenphone. CSR is becoming increasingly popular as well as necessary in Bangladesh as the country becomes more and more integrated into the global economy. The importance which organizations, particularly multinational companies, have given to social responsibility is pervading the Bangladesh economy. Grameenphone is one of the pioneers in this field, and it has made some noteworthy contributions to the development of the nation. This report examines some of these efforts and initiatives, including Grameenphone’s commitment to assisting Bangladesh achieve four of the eight the Millennium Development Goals, which are: • Poverty alleviation • Healthcare • Empowerment • Education This report also looks at Grameenphone’s CSR efforts in the areas of environmental awareness and responsibility in the workplace. In addition, it provides a brief overview of the company. Secondary data collection methods were used to collect the data for this report. It can be concluded that Grameenphone’s numerous CSR activities are sufficient and befitting an organization of its size, and its drive to continuously improve its activities is laudatory. Brief Overview of Grameenphone Grameenphone is a telecommunication organization which has been providing its services in Bangladesh since 1997. It is a joint venture enterprise between Norway’s telecommunication...
Words: 2146 - Pages: 9
...Marketing Strategies Canitra Jones Shirley Mclaughlin Marketing 500 June 8, 2012 Write an executive summary of your marketing plan Globafone produces a program that collects and reports all the critical elements of data required for reporting purposes. Globafone is user friendly, produces better data reports than most of the popular phone programs. Globafone Customer Count 70 | | | | | | | | | | | | | | 60 | | | | | | | | | | | | | | 50 | | | | | | | | | | | | | | 40 | | | | | | | | | | | | | | 30 | | | | | | | | | | | | | | 20 | | | | | | | | | | | | | | 10 | | | | | | | | | | | | | | 0 | | | | | | | | | | | | | | | Apr 00 | May00 | June00 | Jul00 | Aug00 | September 00 | Oct00 | Nov00 | Dec00 | Jan01 | Feb01 | Mar01 | Apr01 | Globafone proposes to upgrade its software to operate by adding significant functionality, incorporating additional features from acquired companies, strategic alliances, and business partners. Global software solution, a software solution to manage every business detail of global services, the fee for purchasing a global device will be no more than $19.95 to cover the price for the device. Market The population in the world is continuing to grow and many people travel not just for pleasure Global solutions center thousands of data elements are collected, reported, analyzed, and used for information to provide adequate...
Words: 2657 - Pages: 11
...Corporate Social Responsibility – Issues and Challenges with reference to Bhopal city. Ms Charu Modi Ms Ankita Rajdev Ms Meenal Pathak Assistant Professor Assistant Professor Assistant Professor JSSGIW – FOM JSSGIW – FOM JSSGIW – FOM 08871312197 09893299224 09989773177 Abstract Corporate Social Responsibility is the term used to define organisation’s commitment to the society and the environment within which it operates. Corporate initiative to assess and take responsibility for the company’s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups. Stakeholders like employees, community, suppliers and shareholders, today are redefining the role of corporate taking into account the corporate’ broader responsibility towards society and environment, beyond economic performance, and are evaluating whether they are conducting their role in an ethical and socially responsible manner. As a result of this shift many forums, institutions and corporate are endorsing the term Corporate Social Responsibility (CSR). In Bhopal companies like BHEL and Crompton and Greaves etc are practicing the Corporate Social Responsibility (CSR). But still there are many companies that are lacking behind in CSR practices. A lack of understanding, inadequately trained personnel, non availability of authentic data and specific...
Words: 2181 - Pages: 9
...their staff will soon be unessary What a manager must realize is that their job is to lead. Management resistance to change must be dealt with immediately. They need to stay positive in their communications to their employees. If they have fears about their department, they should use the appropriate avenues to express themselves. Exploration, which means taking their concerns up the chain of command. If the decision to move forward with the change is upheld, even after exploring all their options to not create waves. They must communicated their fears or concerns, their job is to motivate and encourage the employees through the steps of the change. Many times the change brings about a better working environment and the employees end up being happier in their position than they were in the past.When a change is coming and there is management resistance to change, people get nervous...
Words: 1453 - Pages: 6
...which the organization evaluates how it would fare in the environment. With PEST the organization is evaluating critical factors that affect the organization. These factors are: political, economic, socio-cultural and political. This essay is going to discuss these four factors as they affect a company named Chipinge Banana Company, which is found in Zimbabwe. It is a company that specializes in growing and selling of Bananas. These bananas are sold in the country as well as other foreign markets, particularly Asia and Middle East. Political The political system is not stable. Usually there is uncertainty in relationship to land ownership. There is a threat that some farms may be taken by government for resettlement reason. Some countries do not want to do business with Zimbabwe because it has bad human rights record. Some workers may be displayed from work due to political violence. Currently, we are going towards elections which can turn to be violent. Zimbabwe has a very high taxation system in the world. One advantage is that Zimbabwe is part of free trade agreements such as comesa. Zimbabwe has many bilateral trade agreements with many countries. This means there are some favourable conditions in that we can sell some products to countries which trade well with Zimbabwe. Economic Zimbabwe has the advantage of using many currencies, including the pound, US dollars, the yen, the kwacha, and the rand, among others. It is a multi-currency system. This attracts many countries...
Words: 2718 - Pages: 11
...Sustainability and the role of the management accountant Research executive summary series Volume 7 | Issue 14 Associate Professor Eva Collins, Professor Stewart Lawrence Professor Juliet Roper, Associate Professor Jarrod Haar Waikato Management School, University of Waikato Key findings: • Our research has shown that companies need to have management accountants in strategy-setting roles in order to achieve the best sustainability outcomes. • There is a worldwide move toward ‘integrative’ reporting incorporating non-financial as well as financial data. Management accountants are ideally placed to provide the alignment mechanisms and collaborate with senior management in producing fully integrated reports, reflecting sustainable strategies adopted by organisations which fulfil the needs of stakeholder groups. • Our results found that many management accountants are fulfilling their traditional role of financial specialist but not yet acting as collaborators in driving toward sustainability as a goal. • The survey showed that CIMA members had a higher rate of accountants participating in sustainability strategies than non-member companies but it was still a minority (12%) compared to the role of the managing director, environmental, human resources and marketing managers. • Like any other aspect of business, collection and analysis of good, issue-specific data is crucial to sustainability decisions. Sustainability requires accountants to monitor and manage non-traditional...
Words: 7421 - Pages: 30
...BP. Our employees worked hard to make BP a stronger, safer company. We recognize there is more to do, but we believe important progress was achieved during the year, and we are clear on our priorities and responsibilities as we move forward. In this Sustainability Review, we look at how we are working to enhance safety and risk management, earn back trust and grow value, following the Gulf of Mexico accident. Stakeholder voices External and internal stakeholders have been essential in shaping this report. Many of their insights and opinions are highlighted here and online. We also include observations and a summary statement from our external assurance provider, Ernst & Young. During our work we interviewed staff responsible for engaging with external stakeholders and reviewed evidence of how information from these dialogues is captured. We have also attended a selection of briefings to investors and two of the roundtable discussions held in 2011 to understand the perspectives of various thought leaders on how BP should evolve its reporting and communications. We noted that stakeholders welcome this dialogue but there remains a desire for more comprehensive reporting on how BP is changing. Ernst & Young Observation Find out more online This Sustainability Review is a summary of information that is expanded upon online. Our website, bp.com/sustainability, is an integral part of our group sustainability reporting, and covers our sustainability...
Words: 32523 - Pages: 131
...* * * Standard One: Lead With Vision- A school administrator is an educational leader who promotes the success of all students by facilitating the development, articulation, implementation, and stewardship of a vision of learning that is shared and supported by all stakeholders. ( ISSLLC 2008: 1ELCC1) | Knowledge | Skills | Enduring Understandings | Essential Questions | Administrators will know… | Administrators will be able to … | Administrators will understand that… | | An administrator will know how to communicate with his/her faculty. | collaborativelydevelop andimplement a sharedvision and mission (ISSLLC 2008:1ELCC1). Teachersand parents willrecognize the broadacademic andoperationalassurances of thevision, as well as itscommitment to itsstudents andcommunity. This willenable stakeholdersto apply the missionpromptly andcorrectly.Furthermore, create alinkage between theschool andcommunity. | Looking at Standard One, the administrators will develop a shared vision, plan and implement activities around their vision, allocate resources to support their vision, collect and use data, and monitor progress and revisit when necessary. (Green, 2013) | Does the administrator engage stakeholders when developing or revising the school vision and mission statements? Is student data, assessment data and relevant demographic data used in developing the mission?Does the administrator effectively communicate the vision...
Words: 7111 - Pages: 29
