What are political economic social and technological factors

Assignment Help Marketing Management
Reference no: EM131098940

ou will submit an environmental scan of the company within the chosen market domain (light rail transportation) using the PEST format. This analysis will be written viewing the company from the outside to the inside. This assessment will consider the knowledge gained from the SWOT analysis generated in the last assignment and assess the company's competitive readiness from external dimensions, extending to the global marketplace. The scan will include the external political, economic/financial, sociopolitical, and technological trends for a given market environment and a potential market. The information gathered from this scan will assist in the identification of the most lucrative market niche in which to formulate an actual business development strategy.

A. External Factors
1. PEST Analysis: Complete a PEST analysis on the external factors that affect the company's readiness to compete. What are the political, economic, social, and technological factors that affect the company?

2. Prioritized List: Based on the PEST analysis, examine and address the key issue from each quadrant to assist in the success of your chosen company. Include supporting rationale and research as needed.

3. Readiness: Based on external factors, evaluate the company's readiness to compete in the business environment of the market domain. Support your evaluation with information from your market domain evaluation and PEST analysis.

Guidelines for Submission: Your paper must be submitted as an 8-10-page APA-style Word document with double spacing, not counting the cover page and reference page. It must be in 12-point Times New Roman font, with one-inch margins and at least three authoritative sources cited in APA format.

Attachment:- pest_analysis_template_pdf.rar

Reference no: EM131098940

Questions Cloud

Change may effect the magnitude of the shortages : Why is Canada expected to experience some labour shortages due to an aging population? Explain the changing the changing retirement patterns and how this change may effect the magnitude of the shortages?
How long does it take the light to go from a to b : How long does it take the light to go from A to B?
Concept of evidence-based management : What is the concept of evidence-based management? Define the concept and provide an example to illustrate is usefulness for decision-making within organizations. (EBM)?
Concept of evidence-based management : What is the concept of evidence-based management? Define the concept and provide an example to illustrate is usefulness for decision-making within organizations. (EBM)?
What are political economic social and technological factors : Readiness: Based on external factors, evaluate the company's readiness to compete in the business environment of the market domain. Support your evaluation with information from your market domain evaluation and PEST analysis.
Training or educational opportunities : Taking advantage of any training or educational opportunities provided by your organization will increase your:
Explain and analyze w e b du boiss political ideas : Explain how Americans used the language of freedom when discussing foreign policy. Explain and analyze W. E. B. Du Bois's political ideas. How did he attempt to expand civil rights for African-Americans?
Find the doppler shift of light reflected directly back : Find the Doppler shift of light reflected directly back from a mirror that is approaching the observer with speed v, and show that it is the same as if the image were moving toward the observer at speed 2v/(1 + v2/c2).
What is the maximum quantity of good : Suppose that a consumer has $375 to spend in good X and good Y.The price of good Xis $25 and the price of good Y is $75. 1)write down the consumer`s budget constraint. What is the Maximum quantity of good X he can afford?What is the maximum quantity ..

Reviews

Write a Review

Marketing Management Questions & Answers

  Find and describe at least three technological components

Find and describe at least three technological components that are required for data-driven decision making. Be sure to explain how each component is relevant to business analytics

  Determine the marketing strategy of the small business

Determine the marketing strategy of the small business; Discuss the human resource approach of the small business

  Explain the innovation adoption process for selco systems

discussion questions1. explain the innovation adoption process for selco systems in terms of the six factors that

  Importance of each predictor variable

What would you tell Bahn about the importance of each predictor variable?What recommendations would you make to him about the type of people Custom should target, based on its interest in communicating with heavy users?

  Executive summary of class and collaboration skills

Executive Summary of Class and Collaboration Skills

  Describe how leaders are or are not nurtured and developed

leadership and oragnization structurenbspnbspnbsp conduct and present research that evaluates the leadership style

  Competitive advantage scenario

Assignment 2: Competitive advantage: Scenario: You are a new marketing associate working for a growing Hollywood movies production company named Movie Insights, Inc. Your marketing manager is working on a quarterly update to the marketing plan for th..

  How might cultural diversity be used to add value to the

. learning team assignment channel and pricing strategies bull select a second country as the international market for

  Describe the current state of the airline industry and

1.describe the current state of the airline industry and analyze what an airline can do to be successful in the current

  How to create a weighting system to demonstrate choice

How to Create a weighting system to demonstrate choice of proposal for Bob's team and create a weighting system using a spreadsheet and demonstrate which proposal should be chosen.

  Explain regulatory challenges of the internet

Explain Regulatory challenges of the Internet and What are regulatory challenges of the Internet

  Determine the company resources and capabilities

Determine the company's resources, capabilities, and core competencies

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd