ASDA And Its Environment: Internal and External Factor Analysis Based on PESTLE
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Added on 2023/06/18
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This presentation provides an analysis of the internal and external factors affecting ASDA using the PESTLE framework. It discusses the impact of political, economic, social, technological, legal, and environmental factors on the company.
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Introduction The business environment is the aggregate total of all organizations,peopleandallotherforceswhichare beyond the power of the industry butcan affectthe productionof organizations.Therearemanyfactors which work outside the company but are the part of environmentwhichincludesfinancial,governmental, cultural, technological and many others. ASDA And Its Environment Internal and external factor analysis based on "PESTLE" by External Environment These factors are those circumstances, situations and influences which are not in control of company and also affect its decision making. The Pestle analysis is the framework which is used for strategic planning by analysing the macro environmental factors which may affect the business. For Asda, it is illustrated below- Political Economic Social Technological Legal Environmental How the company impact its context External Environment Thebusinessplaysamajorroleinthebusiness environment, especially the external environment as it influences its impact. A business cannot control them rather it can react to it and take such decisions which can help it to remain successful. The impact of business on external factors are illustrated thereunder in relation to Asda- Technology Governmental policies Economy Internal Factors These are those factors which are under the control and power of the enterprise and are grouped as the weakness and strength of the company. These may influence the business operations in negative or positive manner. In relation to Asda, the impact of these factors on company is illustrated below- Corporate culture Staff members Finance References Hamilton, L. and Webster, P., 2018. The international business environment. Oxford University Press. Mohamad Radzi, K., Mohd Nor, M.N. and Ali, S.M., 2017. THE IMPACT OF INTERNAL FACTORS ON SMALL BUSINESS SUCCESS: A CASE OF SMALL ENTERPRISES UNDER THE FELDA SCHEME. Asian Academy of Management Journal, 22(1).Conclusion ItisconcludedfromthisPPTPosterthatthebusiness environment consist of two factors which includes external and internal factors which influences the functioning of business. These factors affect the decision making of the enterprise.