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Business and the Business Environment

   

Added on  2023-02-02

8 Pages539 Words96 ViewsType: 96
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BUSINESS AND THE BUSINESS
ENVIRONMENT
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This report will also lay emphasis on interrelationship of various functions
and how they are linked to organizational objective and structure, using
general motors as an example both positive and negative impact of macro
environment (PESTLE) has on business operations, at last internal strength
and weakness of General Motors and their interrelationship with external
macro factors will be explained.
INTRODUCTION
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PESTLE analysis is an acronym for political, economic, social, technological, legal and
environmental factors. It is a way of explaining how to outside forces impact of General
motors company(Adar and et.al., 2016). Here PESTLE analysis of General motors will be
explained.
Political Factors: This factors tells us the effect of political conditions and trends on the
company. General Motor being a public company it has a major effect of political factors on
itself. Like Political stability in major market provide an opportunity for them in macro
environment.
Economic Factors: This factor tells us about the economic conditions of the company where it
operates. Growing growth rate is an opportunity for general motors to grow and expand.
Pestle analysis
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