Different Environmental Factors of Armani Company - Report

Strategy report
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
1) MACRO ENVIRONMENTAL FACTORS ANALYSIS...........................................................3
2) INTERNAL ENVIRONMENT OF ORGANIZATIONAL........................................................4
3) CRITICAL EVALUATION AND DIFFERENT ALTERNATIVES........................................5
CONCLUSION................................................................................................................................6
REFERENCE...................................................................................................................................7
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INTRODUCTION
Strategic report is essential for preparing all planning procedures to be followed on to
achieve organization's effectiveness and reducing risks occur at workplace. The present report is
based on understanding different environmental factors of Armani company that affects the
organization's business operations. It is one of the most known fashion industry organization of
UK that provides different luxury fashion products. In this regard, critical evaluation on last
years' operations and current position of entity can be described through this assignment.
Moreover, strategic management and various alternatives for firm's effectiveness are to be
introduced. Hence, learners are able to understand the significance of strategic planning and
reporting for systematic management of organization through this report.
1) MACRO ENVIRONMENTAL FACTORS ANALYSIS
Being new head of research team in UK corporate PLC, I would like to analyze all
macro environmental factors of Armani of over last 3 to 5 years (Armani , 2016):-
Political factors
 UK government is fully supporting
business and under this it reduce import
and export duties. This thing support
business in the mentioned nation. Thus,
in upcoming time period demand for
the Armani products will increase in
the market.
Social factors
 People are preferring to purchase
fashionable items. Thus, it can be said
that consumer behavior of people is in
favor of the firm product.
Economic determinants
 Changes in interest rates and
government policies affects economic
environment of the nation. Current
condition of UK is not good and this
may lead to reduction in sale of the
firm product.
Technological factors
 Changes in technologies is taking place
at rapid pace and this may create
challenge for the business firm.
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