PESTLE analysis Assignment - Platinum Dental

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Date submitted 16 May 2019
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Table of Contents
INTRODUCTION...........................................................................................................................1
ASSESSMENT................................................................................................................................1
PESTLE analysis ........................................................................................................................1
The strengths and weakness of using the analysis of strategic PESTLE tools. ..........................3
The impact of the economic factor on the organization..............................................................4
The impact of the political factor on the organization.................................................................5
The impact of the legal factors on the organization.....................................................................5
CONCLUSION................................................................................................................................6
REFERENCES ...............................................................................................................................7

PLATINUM DENTAL
The organizational environment is coming out from the organization conversation,
movements of the environment for seeking to protect, monitor, analyses the environment against
the degradation and miss issues from the human resources. Platinum Dental is redefined the
dental health and the cosmetic of the dentist for makeover the smiles with the positive additions
to the personality of others. This report will study on the analyzing the PESTLE analyses also the
strength and weakness for using the strategic PESTLE tool. It also examines the impact of the
economic, political and legal factors on the organization (Michael and Popov, 2016)
PESTLE analysis
It is a tool which is used for identifying the external factors which is faced by the
Platinum Dental. Before making any type of strategy or plans for the implementations, it is
important to conducting the situational analysis and PESTLE which a form of a part for
repeating at every stage for identifying the external factors. From these it easily monitors and
responds to the changes which is differentiated the competition and it creates the competitive
advantages. It is type of strategic management tools which easily analysis the situations and
impacts of the Platinum Dental.
Political factor: -This type of factors determines the extent where it easy for government
for influencing the certain industry or economy. Organization may easily impact by the policy
and rules of the government. Governments sets the policies and regulations for the planning of
the hazard identifications, risk control and risk assessment. Platinum Dental has huge influence
power upon the regulations of and spending the power on the patients. It includes all the factors
such as the fiscal policies, tax policies and the trade tariffs etc. it also based on the data which
seems the collateral analysis which comes under the pressure of the global for adhere the
regulations of international. It has the regulatory practices for analysing the collateral for
managing the diverse regulations for the different markets in present. From the government time
scale and resource allocations which is based on the information and data in the Platinum Dental
which has difficulty to that what will be change in the allocations of the resources (Olivier-
Pijpers and et.al., 2017).
On the other side, in relation with the impacts of Brexit over the organisational
performance whereas it can be said that, there has been influences of such economic changes
over the business operations and growth. The changes would be faced by governmental
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authorities which in turn affects business operations as well as employment rate in a nation.
There might be challenges which would be faced by the Platinum Dental on which managing the
operational aspects would lead the firm in sustaining the business growth and profitability.
Economic factor: - This factor directly affects the performance of the clinic management
and its profitability and revenue. Economic factors include the raw materials cost, unemployment
cost and foreign exchanges rates. It also determines the performance of the economy which
downward the pressures on the customers spending from which customers disposable revenue
and income remain stable and same. The growth of the inequality in the society which negatively
impact the sentiment the consumers and impact the behavior of the customers. The economic
cycle for the performance analyzing of the country. The availability of the core infrastructure it is
totally based on the Platinum Dental, it also increased the investment for developing the
infrastructure for facilitating and improves the environment of the business. It also analysis the
collateral which can use to penetrate the markets.
Along with this as per considering the offerings and services which are presented under a
dental business on which there would be requirement of proper analysis over the sources and
supplies.
Social factor: -Social factors find out the emerging trends which helps the organization
to find out the needs and demands of the customers. It involves the changes which comes in the
new demographics, culture trends, attitude changes, education levels and the changes come in the
lifestyle of the human beings. The power structure of the Platinum Dental for the inequity
analyses of the collateral analysis for the most prominent market. The roles of gender which
involving the country and analysis the various concepts for cater the supports for evolving the
role of gender in the market (Debilitate and et.al., 2018.). From the leisure interest for the
targeted customers which only gives the high preference to the experimental products and
services. Platinum Dental has their own way of doing the business and the social factors for the
helping the companies for better understand the preferences of the customers according to the
operations of the markets. It also includes the attitude toward the certain products and health
care, for social roles and norms, cultures, health & safety attitudes, demographics, traditions and
acceptance of the Platinum Dental.
As per changes in the location as well as anatomy if an individual body on which there
would be differences in the
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Technological factor: - Technological transfers and licensing the issues of the Platinum
Dental because there is no strong culture for the transfer of the technology and the research
development and investment for the level of micro and macro finance accounting. It is a fast
interrupting which supply the chain model for the analysis of the Platinum Dental for providing
the greater access information and data for the channels and partners which leading to the higher
sharing of the profits. There are so many changes which consider the rate of the technological
factors such the development and innovations which could easily affect the organization. Use is
various social media platforms like Facebook, Instagram, twitter can be used for promoting the
business. Patient can book from their personal website for higher operational efficiency.
Legal factor: - legal factors affects both the internal and external sides. There are so
many laws and affects the environment. It plays a critical role in the Platinum Dental for
considering the management for following the legal factors before it enters international
marketing. It also involves the discrimination laws, system of justice, copyrights laws and the
intellectual property of the Platinum Dental. It involves the norms of the health and safety for
analyzing the needs and demands of the customers and the cost which meet the norms of the
customers. Data protection laws is one of the most important legal factors where all the emerged
data for the protection is collected and all the information get secures. It's not about the privacy
issues but also the intellectual rights of the property which has been considered the technological
mechanism and the robust the legal for protecting against the data breaches or not. Compliance
with various dental laws and health and safety laws helps in protecting patients.
Environmental factor: - Environmental factors and sustainability of the Platinum Dental
becomes the critical issues. It’s important for considering the renewable technology for the
interesting area which can leverage the trends in the sectors. For adding the cost of the operations
such as regular scrutiny will analysis the operations of the Platinum Dental. Greater customers'
activism aware among the customers for putting the environmental factors for certain strategy
with the expectations of the customers which is not only affects the legal factors but also it meets
the standards for exceed them for responsible stakeholder in the community. The negative impact
of factors is adding the cost of the extreme weather for analysis the operations it must invest in
making the supply chain which is more flexible (Ma linen and et.al., 2019). They should take
into consideration social and environmental law by optimally utilizing the resources and
reducing wastage. Recycling and reusing clinical disposal waste.
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The strengths and weakness of using the analysis of strategic PESTLE tools.
Strength: - PESTLE analysis is a type of valuable strategy tools which can determinants
the level of the attractiveness of the market. One of the most important strength is it is
straightforward and it’s easy to understand at the same time and it also providing an overall view
of the Platinum Dental of the organization environment. This analysis can easily help the
Platinum Dental for identifying the opportunities and threats and also act upon them. At the same
the environment of the firm can quickly change and sometimes it can quite challenging in so
many manners. It is strategic tool and method for reducing the threats of the business through the
political, social, technological, economic, legal, environmental factors. PESTLE analysis helps in
the product development, ideas phase, launching of the products and so many factors for
increasing the success in the market.
The most effective strength is to involve the effectiveness of the cost, providing a deeper
knowledge of the business and also the methods for exploiting the opportunities. It also goes
with each and every situations and information of the Platinum Dental. The only cost of the
analysis for helping the additional programs for organizing the inputs and feedback. It has deeper
understanding about the environment in direct and indirectly affects the Platinum Dental
(Abbott, 2015.). From the alertness development it also analyses and narrow down the used and
specific services, customer relationships and marketing plans. It also has the ability for examine
the changes and development for the planning of minimizing the increase and damage of the
profit. It provides effective framework for analysis which leads to higher efficiency and
performance. In addition, it also provides various opportunities through which the practices can
be positively reflected. It also results in taking more effective decisions.
Weakness: - The weakness and disadvantages of the PESTLE analysis which users can
simplify the information and data for making the overall decisions. The process of the analysis
has conducting the regular base effectiveness and also often the Platinum Dental which does not
make the investment. There are so many restrictions for involving the times and cost
considerations. The limits of the PESTLE analysis and techniques for the effectiveness of the
key perspectives which is missing from all the discussions. It also accesses the quality external
information which is often restricted from the time and cost needed to collate it for Platinum
Dental. The main important limitations are all the factors change quickly and all the laws can
pass overnight without any information and warnings which can affect the whole environment of
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the Platinum Dental. There are so many risks at each level for not handling the information
properly because there are so many troubles which can continue the need of plenty of the
information's and all the factors can be ignored.
For the purpose of developing effective strategic tools, both PESTLE analysis and SWOT
analysis is needed. Development of strategic tool by analysing both analyses can result in
developing more effective strategic tools.
The impact of the economic factor on the organisation.
Economic factors determinants the performance of the Platinum Dental which output
comes in the long-term effects. The rate of exchange which is based on the data and information
of the Platinum Dental for changing and exchanging the rates with the exposures which makes
the difference of the business. Supplier payments and exporting of some more upfront ways for
the exchange rates which affects the business and also the currency volatile can tricky into the
business (Froze and et.al., 2017.). Which involves the transnational, credit, transnational and
liquidity of the exposures. Sales forecasts of the Platinum Dental where it can be more
complicated for the sales which is listed to another currency. It beats the firm from exchanging
the rates of the sales forecasts. The boarder economy affects the fluctuating exchange rates for
paying the bills, procuring on the machinery for the new ventures. The nature of the firm may
leave the economic business and for the highly sensitive to the movements of the price of the
pounds.
In this order, it can be analyses that the economic factor have a major impact over the
organization. In this order, it must analyses all the impacts carefully.
The impact of the political factor on the organisation.
Political stability is much more important for the Platinum Dental because it gives
importance to the environment of the business. It also affects the patient's confidence and
investors which has wide range of impact on the economy. From the upcoming changes in the
political environment it comes up with the new policies and regulations by the government. It
depends upon the requirements of the Platinum Dental whether it effect positive and negative
way to the business. It introduced the firm with the risk factor which is obtained by the
government. From changing of the actions and policies it easily affects the Platinum Dental in so
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many ways such as it changes the way of working at workplace because government has great
deal of the power over the Platinum Dental.
It can easily change the entire results and performance of the employees and decrease the
rate of the customers. It also affects the cultural environment of the firm and decisions which has
been taken for the political; factors may affect the economic environment easily. It also
influences the rate of the development of the new technologies and innovations and the
acceptance of the new technologies. From increasing and decreasing the rate of the tax is one of
the policies which has changed any of time and also from raising of the tax rates may affect the
profitability and revenues of the Platinum Dental. From lack of stability in the political
environment it can significantly affect the operations of the firm and it is especially right
decisions which taken by the Platinum Dental for operating it at global scale(Wan, Sen, and
Chou, 2017.).
The impact of the legal factors on the organisation.
Legal factors of the Platinum dental are a key area for implementing and analyzing the law’s also
the legal aspects of the business. All the legal factors contained to the legal environment of the
Platinum Dental. The laws of the business will take care about the operations working
environment. The firm which is legal entity is to be subjected for the laws which governs the
operations and conducts it as well. Securities and data protections laws is one of the factors
which is more important for the Platinum Dental because it secures the data and information
about the clients and customers. A decision which offers the promissory notes, different types of
loans for the investors, and the subjects which affect the legal factors. From the federal
regulations and security laws Platinum Dental facing the issues of the securities and the growth
of the laws for suggesting the interest of the limited liability of the firm. Another legal factor is
contract law where it involves the factors which directly affects the environment for contracting
the law binding and the customer protection laws are aimed to for ensuring the customers are
protected, laws regarding health and safety, policies , cross infection, etc. Must comply with
various economic laws of dental which helps in protecting the rights of the patients and
economic conditions. Compliance and adherence to various policies and standards to protect
their rights.
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CONCLUSION
Organizational environment is basically coming out from the conversations of the organizations,
movements of the organizations for seeking, monitoring, products, analyses of the environment
against the degradation's and the issues of the human resources. This study will conclude the
PESTLE analysis of the organization and all the strength and limitations for analyzing the impact
in positive and negative ways for the strategic PESTLE tools for the evaluations of the working
environments. It also concludes the impact of the economic factors from the PESTLE analysis in
the organization also the impact of the political factors on the organization for the observation
and analysis. Furthermore, it concludes the impact of the legal factors for the analysis of the
positive and negative factors of the organization.
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REFERENCES
Books and journals
Michael, B. and Popover, M., 2016. How Does Government Size and Structure Respond
Empirically to Changes in its Organizational Environment?. Public Organization Review.16(2).
pp.269-283.
Olivier-Pipers, V. and eternal., 2017, January. The Organizational Environment and Challenging
Behavior in People With Intellectual Disabilities. In Journal of Mental Health Research in
Intellectual Disabilities(Vol. 10, pp. 186-187). 2-4 PARK SQUARE, MILTON PARK,
ABIDING OX URN, OXEN, ENGLAND: ROUT LEDGE JOURNALS, TAYLOR &
FRANCIS LTD.
Debilitate, ONE. and eternal., 2018. The organization business environment. In Organizational
Adaptations (pp. 11-26). Sp ringer, Chan.
Ma linen, S. and eternal., 2019. Strategies to enhance employee well‐being and organizational
performance in a post crisis environment: A case study. Journal of Contingencies and Crisis
Management.27(1). pp.79-86.
Abbott, R., 2015. Pestle Analysis for Students.
Froze, D. and eternal., 2017. Life cycle, PESTLE and multi-criteria decision analysis of KS
process alternatives. Journal of cleaner production.147. pp.75-85.
Zara-Gómez, JUL., and eternal., 2016. Financial and political factors motivating the privatization
of municipal water services. Local Government Studies.42(2). pp.287-308.
Wan, C., Sen, GHQ. and Chou, S., 2017. A review on political factors influencing public support
for urban environmental policy. Environmental Science & Policy. 75. pp.70-80.
Barbara, L.P. and Phillips, J.A., 2016. Political ideologies: Their origins and impact. Routledge.
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