Business and the Business Environment

Business and the Business Environment
Task 3 & 4

Table of Content
 Introduction
 PESTLE analysis and its impacts on business organizational
 Appropriately application of PESLTLE model
 Internal and external analysis of specific organization
 Application of SWOT
 Impact of macro and micro factor on business objectives.
 Conclusion

Introduction
Environment is the collection of factors that covers internal and external situation f
business and influences the business activities. Whenever any business is going to start
and running by business concern, it need to focus different element which helps to
maintain the production in order to get outcomes (Aithal, P 2016).

PESTLE analysis and its impacts on business
organizational
PESTLE analysis is a framework which is very important for business organisation
and make strategic planning. In business organisation, this is used by strategic
planners to analyse the factors which can affect a business whether positively and
negatively (Apăvăloaie, 2014). This framework is used to know the impact of
external factors that is defied as:

Cont..
Political factor – This factor comprises with Bureaucracy, corruption level,
Tariffs, Data protection law, tax rates, interest rate, inflation rate etc. that can
impacts on business operation of Asda which is defined as:

Cont..
Economical factor: This factor comprises with unemployment and interest
rate, labour cost, inflation rate, growth rate, population growth;, dilatation,
exchange rate etc. that may affect the business of Asda supermarket in
diverse manner: