Spike Island Pestle Analysis

tax changes, new laws and government policy changes. Managers should not just rely on the PESTLE analysis, it is a tool, a snapshot in time, which will assist in understanding the current factors, it will not determine a direct path in the direction they need to follow to progress the company considerably. When in fact managers most need to judge, into what factors are most likely to change and also which have the greatest impact to them, so in the case of Centre Parc’s they need to consider mostly economical and sociological. A way of achieving the relevance of each factor to the company is to rank or score the factors, so there is a clear understanding of which are of most importance and vice versa. As Centre Parc’s has many different villages, this means that it includes many divisions and also brands (Starbucks, and Zilli restaurants), so managers need to concentrate on one specific area within each village.

As for external factors one of the external factors would be perhaps a new law that is given and affects directly or indirectly the business and that business needs to make some changes.

PESTEL analyses is a tool that many firms use to assess the factors that may affect the company and try to anticipate risk posed by those factors. PESTEL is an anagram for; Political, Economic, Social, Technical, Environmental and legal factors.

Each of these stakeholders is affected by the action of business because each group has an interest in the type of decision that the business managers takes. To conduct the analysis of Asda external environment, pestle analysis will be used.

(3) Political and legal environment, factors related to policy and law that influence company’s operation.

It is also important to consider the MACRO environment whilst planning for future areas for development as these factors can have an impact on possible training. PESTLE is a useful tool to enable us to do this. PESTLE assesses the market, including competitors, from the standpoint of a particular proposition or a business. PESTLE becomes more useful and relevant the larger and more complex the business or proposition, but even for a very small local business a PESTLE analysis can still throw up one or two very significant issues that might otherwise be missed.

Changes in external forces translate into changes in consumer demand for both consumer products and services. The company must prioritize to determined which factors may have the most impact and influence to the business. These factors are Political, economical, sociological environmental, and legal. Many of these factors are linked together. For example political, government legislation affect the economic factors (for example increasing the VAT). There are many models that can be used to analyze the external environment. LoNGPEST analysis examines the impact of each factor in local, national, and global aspect in the organization. It will help to where the company needs to focus and most important factors to have a sustainable and profitability in a long run(Hassanien, Dale, & Clarke, 2010; Johnson, Scholes, & Whittington). JD Wetherspoon LoNGPEST factors analysis illustrated in table format (see table 2.1). Identifying the key drivers for change is necessarily, this are the high impact factors likely to

This memo will discuss ways that technology can be used to improve this organization’s performance. Additionally, it will consider the optimal methods for expanding the business’s online presence to include online sales. This will include information on how to incorporate intelligent systems and security features to guarantee that customers’ interaction with the new system will be positive. This memo will also analyze this business’s current and anticipated technology and information systems and provide option for other technologies or information systems that will be beneficial for the company. In discussing these options, information will be included to show how the options will advance or improve the business and enhance our customers’ experience.

There are many political views concerning abortion in the UK, Downing Street has said there are no plans to change the legal limit on abortions after the health secretary Jeremy Hunt said that he would support a reduction form 24 weeks to 12 weeks. The department of health said that 91% of abortions are performed under 13 weeks which is what Hunt wanted. David Cameron argued that he would personally favour a modest reduction form 24, he believed that there is a medical argument for that, he said “I don't agree with the 12-week limit and that's not the government's policy”. The conservative party said that Jeremy Hunt has not used his position to bring that about, accepting that such change is a matter for private members, not government legislation.

When considering the brainstorming session, we are able to understand the prior knowledge about the lesson that the students have and based on this, the teacher is able to assess them accordingly. However, the limitation of this assessment is that not all students would answer the questions posed at them during this session thereby causing an inconvenience to the teacher as she/he is not able to assess them. Another issue that may crop up is the reluctance to share the chocolate among the peers, causing minor fights.

Everyone can have a temper at work and the main cause of it is if someone tells you that you are not doing it correct or you are not doing it their way. A manager or an employer is at their position because they have worked there long enough to know how it is done and also because they can take constructive criticism. No one wants to be told that they are doing the wrong thing or they are going too slow. When someone tells you that you need to do it a certain way it is because they are trying to help you succeed in the business. Few people realize this when it is said and others have to sleep on it and when they go to work the next time they try it their way and it usually helps them. The best advice I can give is always try to stay in a calm

A PESTLE analysis for Listo must consider all the important external factors impacting on the company. These factors

The PESTLE analysis tool is one of many used to help managers identify their market positioning and provide managers insight on potential threats and opportunities that the business could face giving the business a potential advantage and competitive advantage over competitors.

These factors influence the internal environment of an organisation and they help in identifying the past and the present of the company, It also provides a frame work for reviewing strategy position and direction of the company.

The PESTLE C defines a framework to analyze the different macro-economic factors that are being used to scan external environment that are the components of the strategic management. This is used for external analysis while conducting market research and it gives the outline of the different environmental factors. It is a tool that is strategic in nature to understand the growth or decline in the market, the current position of a business and also provide directions for future successful information (Gupta, 2013).