Business
Business related articles
Legal factors in PESTEL Analysis: The role of law in society and its role in business relationships
December 7, 2021
Legal factors in PESTEL Analysis: The role of law in society and its role in business relationships
Legal environment must be feasible to run a business. Legal factors relate to the role of law in society and…
PESTEL Analysis: How Ecological Factors Influence the Business Strategies
December 3, 2021
PESTEL Analysis: How Ecological Factors Influence the Business Strategies
Ecological environment factors are otherwise known as ecological factors. Lets see how Ecological Factors Influence the Business Strategies: Climate change…
PESTEL Analysis: The Strategic Significance of the Technological Environment
December 2, 2021
PESTEL Analysis: The Strategic Significance of the Technological Environment
Technological differences and change operate at three levels:1. Apparatus, technique and organization: How technology is used in the business, e.g.…
How Social Factors Affect Corporate Strategy : PESTEL Analysis
November 27, 2021
How Social Factors Affect Corporate Strategy : PESTEL Analysis
Social factors like language, religion etc. affects different corporate strategies. Social factors include Make-up of population: e.g. growth rate,…
Impact of Economic Factors in PESTEL Analysis
November 24, 2021
Impact of Economic Factors in PESTEL Analysis
A typical economic factor that should be considered in strategic decision-making is the economic structure of a country. Countries typically…
PESTEL: Political Factors, Sources of Political Risks, and Managing Political Risks
November 18, 2021
PESTEL: Political Factors, Sources of Political Risks, and Managing Political Risks
PESTEL analysis and underlying assumptionsPESTEL is a handy checklist of business environmental factors. The factors are Political Economic Social/cultural Technological…
Understanding Turbulence and Scenario Planning in Environmental Dynamics
November 15, 2021
Understanding Turbulence and Scenario Planning in Environmental Dynamics
The ability of the business to plan, and its requirement for environmental information, will be influenced by how predictable its…
Environmental Information in Organizations: Sources Validation and Dissemination
November 8, 2021
Environmental Information in Organizations: Sources Validation and Dissemination
Gathering and disseminating environmental information by mean of an effective system which: Gathers environmental information Validates and corroborates the information…
Importance of management understanding business environment
November 7, 2021
Importance of management understanding business environment
The environment contains those factors ‘surrounding the organization’. Therefore it includes more than the ‘ecological’ environment. In your answers you…
NFPs: Objectives of Voluntary and not-for-profit sectors
October 21, 2021
NFPs: Objectives of Voluntary and not-for-profit sectors
The term not-for-profit organization (NFP) encompasses many different organizations whose only similarity is that they do not seek to make…