Aside from the company’s internal resources and industry factors, there are several other macro-economic factors that can have a profound impact on the performance of a company. In particular situations such as new ventures or product launch ideas, these factors need to be carefully analyzed in order to determine how big their role in the organization’s success would be. … [Read more...] about PEST Analysis Ultimate Guide: Definition, Template, Examples
pestle analysis
PESTLE Analysis of Uber
Uber has been in the news frequently. It’s regarded as the fastest growing app taxi-sharing company. But it has also seen various controversies regarding the taxi industry, minimum wage complications, and bannings in worldwide countries. However, it’s still continues to grow. Here is the PESTLE analysis of Uber. Political factors: Endless controversies Uber has faced … [Read more...] about PESTLE Analysis of Uber
PESTLE Analysis of Airbnb
Airbnb is known as the cheaper, comfier hotel alternative. Average people rent out their rooms to guests in exchange for money, providing income for the hosts and profits for Airbnb. But the company has faced complications. Expanding worldwide so quickly has led to issues. Still, they’ve been an economic benefit to cities and the environment. Here is the PESTLE … [Read more...] about PESTLE Analysis of Airbnb
PESTLE Analysis in Strategic Management
Strategic management is useful to all enterprises. It’s a system focused on planning and monitoring how corporations meet objectives. Analysis plays a key role. The core of an organization must be assessed. What strategies are used, what technologies are available, and which resources are valuable are considered along with analysis. But also how external factors will affect … [Read more...] about PESTLE Analysis in Strategic Management
Do Financial Service Providers Utilise PESTLE Analysis to its Full Extent?
PESTLE Analysis is a versatile marketing analysis tool, and can be used in many industries. The Financial Services Industry provides an excellent opportunity for PESTLE to be used to its full capacity. However, are Financial Service Providers (FSPs) switched on to the potential of this marketing concept? PESTLE Within Finance The Political and Economic (P and E) elements … [Read more...] about Do Financial Service Providers Utilise PESTLE Analysis to its Full Extent?
PESTLE Analysis of South Africa
South Africa is improving conditions for budding businesses. But companies outside the country question whether to expand into it due to several issues. This PESTLE analysis will examine the many situations South Africa is currently experiencing that may affect businesses within it. Political factors: corrupt politicians South Africa is in the midst of local elections. … [Read more...] about PESTLE Analysis of South Africa
What to Include in a Polished Market Analysis
Your market analysis will cover your industry, brand competitors, target market, the aim of your business, and the external factors which will directly affect the growth of your business. Here’s why they’re necessary in your market analysis. 1. Industry coverage It goes without saying that you’re expected to know your industry inside and out. Ask plenty of questions and … [Read more...] about What to Include in a Polished Market Analysis
PESTLE Analysis: Everything You Need to Know
PESTLE analysis is one of the most popular tools used in business analysis, and for good reason! It can tell you all about the circumstances that an individual, product, or organization finds itself in, which can help in making decisions and understanding its current (or future) position in the market. In this article, we’ll be thoroughly exploring the humble PESTLE analysis in … [Read more...] about PESTLE Analysis: Everything You Need to Know
External Factors that Affect a Business
Operating a successful business isn’t just about working hard, but rather about working smart. This can mean improving on planning, management, and targeting, along with many other things. The first step in actually doing so, though, is periodically reviewing and analyzing where you are in the market, and what you are doing. Looking at the factors that affect the performance … [Read more...] about External Factors that Affect a Business
PESTLE Analysis: Legal Factors Affecting Business
If you want to analyze the situation in which a business finds itself, environmental analysis is a great place to start. This combines a number of different techniques -- PESTLE analysis being one of them -- to identify and evaluate the various external factors that affect a business. Now, there’s nothing inherently difficult about conducting PESTLE analysis (or using any … [Read more...] about PESTLE Analysis: Legal Factors Affecting Business