UNIT 400 UNDERSTANDING ORGANISATIONS Essay

A PESTEL analysis is a tool or framework for marketers. It can be used to analyse and screen the external marketing environment of an organisation. This strategic management instrument gauges the macro environmental factors, which make decision taking significantly simpler.

As this decision to axe jobs does not completely align or alleviate the pressures which Ford is under, further decisions (e.g. offshore to Thailand) could be expected for Ford Australia to stay ‘afloat’.

There are many industries in the world that engage in the PESTLE analysis on their type of products in order to make sure strategies in the future work. Moreover, it helps to recognize and understand the market set-up before launching any products. In addition to that, it is considered an important tool in marketing and planning. PESTLE analysis provides an overview of majorly the whole perspective of your business.

Not for profit entities receive less recognition than they should; they do so much and are underrated. This research paper will discuss high points as well as low points as to the impacts of Not for profit entities. Numbers prove that not for profit has a strong standing on the economy in many aspects. But this all starts with a mission and purpose reflecting throughout the organization.

The purpose of this paper is to provide an analysis of the current issues and conflicts that Strident Property Services has encountered. The following sections will provide a brief description of the company, describe the objective and assess the current situation. Also, the group members will identify issues and conflicts to help determine the optimal solution for the company. Additionally, the paper will provide examples of how the company (1) deviated from its mission, (2) what motivational theories the leadership used to motivate the employees, (3) the leadership role using a leadership framework, (4) the value of reframing to foster improved relationships, and (5) determine the reasons why the company was incapable of producing desired results. After the evaluation, group members will share recommendations on how the company could have possibly increase the likelihood of success.

The PESTEL analysis is a tool used by companies to analyze their environment using six factors - Political, Economic, Social, Technological, Environmental and Legal. The PESTEL analysis of Best Buy Co. Inc. is as follows:

Of course, these questions assume some agreement of what non-profit organisations are, and how to define them. Like all organisations, non-profit organisations vary much in terms of mission, size, mode of operation and impact, particularly in a cross-national sense. Some are closer to the model of a government agency; others may indeed resemble the business firm; and yet others may be little more than an informal network. These variations notwithstanding, however, there is an emerging consensus among researchers in the field that non-profit organisations have the following core characteristics (Salamon and Anheier, 1997):

No business is isolated from its environment. It is necessary for all businesses to consider the impact of environment on their business operations. PEST analysis is a useful mode to analyze the changing business environment, (PESTLE analysis, CIPD). It bifurcates the external environment in to various dimensions such pas Political, Economical, Social and Technological.

Generally, financial management of not-for-profit organizations is similar to the process of financial management in the profit making sector in several aspects. Nonetheless, there are several major differences that contribute to a different focus of a not-for-profit financial manager. In the commercial sector, the for-profit enterprises mainly focus on capitalizing shareholder value and overall profitability. On the contrary, not-for-profit organizations have the basic aim of providing certain socially desirable need on a continual basis instead of increasing shareholder value ("Financial Management of Not-for-Profit Organizations", 2011). The difference in focus between the for-profit and not-for-profit organizations is because the latter does not have financial flexibility of a commercial enterprise since its dependent on resource providers that are not getting involved in an exchange transaction. As a result, the resources provided are channeled towards offering goods and services to a client instead of he actual resource provider.

Introduction In modern business it is extremely important for companies to have wide variety of tools, which enable them to analyse their environment and their markets. Most commonly used tools are PEST analysis, SWOT analysis and Porter’s Five Forces. In this case the most appropriate tool is PEST analysis which can be further extended to PESTEL. Other variations such as SLEPT, PESTLE, STEEPLE and STEEPLED are also possible. SWOT analysis and Porter’s Five Forces require more specific information about the actual company and its market, but in this case this information is not available. Brooks et al. (2004), say that PEST acronym stands for Political, Economic, Legal, Social and Technological environmental

The external factors can be evaluated using PEST since PEST analysis is vital instrument for or distinguishing the business positions, measure, development, achievable course for operations and to ordering the market improvement and decrease.

The pestle which is sometimes submitted as PESTLE analysis. PESTLE analysis is the concept of marketing principle. PESTLE is used in commercial organization as a part of a business and marketing plan. Moreover PESTLE can be used as a part of (SWOT) for planning within educational and school environments. The factor stand for are

PEST analysis assumes carrying out the strategic analysis of political (Р – political), economic (Е – economic), social (S – social), technological (T – technological), ecological (Ecology), legislative (Legal) factors of external environment of the organization. PESTEL analysis is a tool of historically created four-element strategic analysis.

External analysis of general environment will be done using PESTEL which refers to how the political, economic, social, technological, environmental and legal environment affects an organization. Below will be a diagram of PESTEL, followed by a brief explanation of each factor and their examples.

PESTEL analysis is a method used to study macroeconomics - the macroeconomic environment of an enterprise. Otherwise, it is called the general segmentation of the environment. It defines the basic spheres of the environment, which are areas that have a crucial impact on the functioning of the organization. Also marks the future strategy of the organization through an in-depth analysis.