This report evaluates the impact of internal and external factors on British Airways with the help of PESTLE and SWOT analysis. It discusses the external environment and its impact on the company.
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INTERNAL AND EXTERNAL FACTORS
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 CONCLUSION................................................................................................................................4 REFERENCES................................................................................................................................6
INTRODUCTION The report is based on British Airways that are operating more than 20 countries, it has provided most convenient options according to the customer that’s is why there are more than 5000 people are daily travelling through this airway. Further, the report evaluated internal and external factor that are affected the organisation. Also, discussing different ways in which chosen firm impacted on the external environment. MAIN BODY External factors- Political factors- In the year 2016, there are more than $750 billion are globally generated by British airways, some of the government regulations are addressing for concerning about security of passenger, safety or many other issues. Also, large number of companies are generating the value in order to partnering with other airline companies.So,it can be beneficial for governments as well as companies & passengers. Moreover, globallythe corporateandbusinessestravellersareenjoyingmajorbenefits.Also,theindustrial regulation is harmonized manner profits for the entire world. Economic-These factors also influencing the airline industry, the industry have been impacted by several downturns. The Airlines companies are affected by the recent seen and economic growth are slow. The air travel markets saw a low in early 2009 so, it was premium travel which were more badly affected. Social-Airlines creating social value as related to theother businesses doing in this type of there are many industries which are help in profit from the airline industry. Along with this, it is the hospitality industry in order to attain globally that depends on heavily transports. This industry impacted on the basis of social forces.Thesestimulated the demand for the air travel that reducing the prices. Also it has help to created employment. There are some of the result that has been seen as improvement in social image. Environmental-The effect of environmental factors is the airline industry that might higher than most of industries. Fuel is the major expenditure for it. As a result, the company need for investment more in fuel-efficient and environment-friendly carriers. Technological-Technological factors are important that can be understand from the heavy use oftechnology for aviation. There are both of the companies and travellers
know how great a role it plays, technology means speed but also convenience and safety. Whether it is passenger or air traffic safety, that critical role of technology. There world wide web that has broughtin the higher revenues and profits. Along with this, there are most of the bookings that are taking placeonline even in the aircraft which are enable by best in class technology. Legal-The passenger’s safety one of the important area on which airlines are held liable in order to air crashes orany other kind of disaster. The Air transport are also regulated with several acts which are important. Some of new laws have been enforced related to how airlines treating their passengers. Internal factors- The internal factors are related to the SWOT analysis in which the biggest strength of the organisation is brand image, the brand image of British Airways are comparatively high in the market so there are large number of customers who have daily travel. Also, the weakness is related to disruption due to infrastructure system issues. Some of the major opportunities areventuringglobaloperationsthatarehelpforplanninginordertoinitiatefor improvement customer experience and efficiency. Further, threats are related to intense competition which are affected the company by middle eastern airlines. External environment The external environment is related to all the factors which are affect the British Airways such as society, regulation and political system, competition, economy etc. How company impact by its context external environment- The company is impacted because the competition is increases day by day and that is why the customers are shifted to middle eastern airlines. That has impacted the organisation for declining the productivity. Also, government has passed the law regarding pandemic which has also affect the number of customers due to current process CONCLUSION It has been concluded that British Airways is one of the biggest and major in the airline industry. Also the report discussed internal and external factors with the help of PESTLE
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andSWOTanalysisthatareimpactedthechosenfirm.Further,explainedexternal environment and its impact on the company.
REFERENCES Books and journals Gupta, A., Gupta, N. and Gupta, M., 2019. British Airways-A SWOT and PESTLE Analysis-The impact of Europe 2020 policy.NOLEGEIN-Journal of Corporate & Business Laws, pp.1-11. George, R., 2021. Tourism and Hospitality Marketing Planning. InMarketing Tourism and Hospitality(pp. 149-182). Palgrave Macmillan, Cham. Chodakowska, A., 2018. The mobility revolution in the automobile industry. Electric cars and battery management. Chapman, R. J., 2019. Exploring the value of risk management for projects: improving capability throughthedeploymentofamaturitymodel.IEEEEngineeringManagement Review.47(1). pp.126-143.