Environmental Analysis of Industry

ENVIRONMENTAL ANALYSIS
OF INDUSTRY

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
a. Description on the forces that shapes the business environment of car manufacturing..........3
b. Critical assessment of the organisational and other changes in future and reason for such
changes........................................................................................................................................6
CONCLUSION................................................................................................................................7
REFRENCES ..................................................................................................................................8

INTRODUCTION
Environment business analysis termed out as systematic process that aids to investigate
the all external and internal elements that affects the performance of organisation (Oleynik, 2020
Yuhui, Tian and Xinxiong, 2020). This analysis also aids to evaluate the level of threat and
opportunities exist in the environment. In addition to this, the purpose of the strategy
development is to keep decision makes informed about the external environment. It is inclusive
of changing political parties, enhancement in regulation to reduce the pollution and to shifting
the demographics.
The present report is based on case such as Electric vehicles in Europe. Furthermore, the
present assignment will be based on major forces that shaping the business environment of the
car manufacturing industry. Also, critical assessment will be taken to identify the changes and
reason that drives towards the production of electric cars.
MAIN BODY
a. Description on the forces that shapes the business environment of car manufacturing.
PESTLE analysis termed out as the factor that assist to undertake the environment
analysis with use of political, economical, social, technological and environmental process that
supports to streamline business process efficiently (Oztemel and Gursev, 2020). Henceforth,
these are outlined in following context such as are-:
Political- These are the components that inclusive of the facts that affects the working of auto-
mobile industry in huge context. Henceforth, there are number of the tax regimes that highly
influence the number of exports and imports of auto-mobiles (Idrees and Zheng, 2020). Apart
from it, the complex regulation and environment legislation has significant impact over the
global car industry. In addition to this, the car industry is facing the risk of high operating cost
and decline in investment leads to affect the working of Electrical car industry of Europe. There
are number of the external components such as buses, trains, vehicle sharing programs are
affecting the purchasing of Electric vehicle in Europe (Nie, 2020). Therefore, globalisation has
resulted into the access to open market that results in both opportunities and challenges for
electrical vehicle in Europe.
Economical factors- Electrical car vehicle industry in Europe highly get affected with economic
conditions. There are number of economic crisis that works as to adversely affected the sales of
auto-mobiles within the developed countries. In addition to this, it can be stated that increment in