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British Organisations: Firm's Business Environment

   

Added on  2022-12-27

7 Pages948 Words76 Views

BM461-20S1AMR: Global Business Environment-
20S1AMR
BRITISH ORGANISATIONS

Table of Contents
INTRODUCTION...........................................................................................................................3
FIRM’S BUSINESS ENVIRONMENT..........................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................1

1. INTRODUCTION
The most important aspect of any business that deals with various factors in the organisation
business environment. Business environment is nothing but the factors that impact on
organisation in the country it operates (Cepel and et.al, 2019). The entire report deals with macro
environmental factors that impact Rightmove PLC as British organisation
2. FIRM’S BUSINESS ENVIRONMENT
Overview of company
Rightmove PLC is considered to be one of the UK biggest portal that deals with aspects of real
estate property. It is a constituent of FTSE 100 index (Contractor and et.al, 2020). One of the
major achievements of this company is to get listed on the London Stock Exchange. The
company was established in the year 2000 in the UK and it is regarded as the largest property
promotion organisation in UK.
PESTLE framework
The firm's competitive advantages and overall profitability levels can be controlled by the
macroeconomic factors. The great deal of providing operating challenges is seen in the
Rightmove PLC company. The PESTEL analysis of the company Rightmove PLC is as follows:
Political factors:
Political factors are the governmental issues that arise with regards to profit aspects that are
drawn through various government interventions. (de la Rosa and et.al, 2019). Political factors in
the company’s overview are the change in the government that will impact the ways of the
company. The political factors will fall upon the long-term sustainability of the company.
Economic factors:
Economic factors relate to the issues that are a country’s concern. Factors like inflation rate,
foreign exchange rate and gross domestic product are seemed to be the ones that effect the
economic regulations. PESTEL analysis mainly deals with the macroeconomic factors. The
economic factors with regards to the Rightmove PLC company are currently operational in the
sector. The company is effected by the currency inflations and this will lead to negative
environment.
Social factors:

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