Reference no: EM133737070
Question: For this Discussion Board, please complete the following:
An external analysis of a company is another indicator for making strategic decisions. External factors are the general environment of an industry that strategic leaders most likely will not be able to influence. There are six external factors for a PESTEL analysis that influence all firms in a given industry. The PESTEL model groups these segments as: political, economic, sociocultural, technological, ecological and legal.
Article - Scanning the Environment: PESTEL Analysis
Review the following article:
Explore the six PESTEL external factors: political, economic, sociocultural, technological, ecological, and legal.
Choose one industry (automotive, hospitality, manufacturing, high tech, etc.) and discuss the following with your peers:
Examine one of the six PESTEL factors in relation to your chosen industry. In your opinion, why do you believe this PESTEL factor is the most important to your chosen industry?
Describe one advantage and disadvantage of the PESTEL analysis for strategic planning.
If you were a manager in a global organization, how would you use the technological factor of innovation to gain a competitive advantage?
|
Content while most companies have diversity programs
: Exam Content While most companies have diversity programs, only 25% of the employees surveyed in 2017 felt they had benefited from these initiatives
|
|
What factors should be considered to combat the issues
: How can a high-pressure environment affect an employee's performance? What factors should be considered to combat these issues?
|
|
Have you ever felt spied on by your social media
: Have you ever used social media and felt like the ads were based off something you said or search? Have you ever felt spied on by your social media
|
|
Describe the main ideals of the counter reformation
: Describe the main ideals of the Counter reformation seen in this artwork, drama, clarity, and realism and How does this artwork you chose teach us to reflect
|
|
Examine one of the six pestel factors in relation
: Examine one of the six PESTEL factors in relation to your chosen industry. In your opinion, why do you believe this PESTEL factor is the most important
|
|
Explain importance of managing change processes
: Explain the importance of managing change processes that may be required as a result of community rehabilitation program.
|
|
Identify the general purposes of the policies
: CRJ 430 University of Maine System- Identify the general purposes of the policies and discuss their quality regarding clarity and comprehensiveness.
|
|
Outlines your position on the policy issue
: Conduct in-depth research on the chosen policy issue, exploring multiple viewpoints, existing legislation, scholarly articles, reports, and real-world examples
|
|
Describe the problems the city of mississauga
: Describe the problems the City of Mississauga hoped to address using digital technology.
|