PESTEL Analysis of Royal Dutch Shell PLC
Added on 2021-02-20
9 Pages2308 Words1498 Views
Economics for Business
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1TASK 2............................................................................................................................................4TASK 3............................................................................................................................................5REFERENCES................................................................................................................................7
INTRODUCTIONThis report will highlight all the external environmental factors affecting the Shell PLC.The report will include the threats and opportunities being currently faced by Shell and its impacton its international trading activities in future. The report will also highlight the discussion ofeconomic theory that would mention different ways in which Shell can react to a increase in theprice of oil. TASK 1PESTEL analysis for Shell- Political Factors- Political factors plays an major role by posing various factors that impact theprofitability of Royal Dutch Shell PLC in a particular country or market. The company isoperating in 70 different countries and have to face various types of political issues and risks.Royal Dutch Shell PLC faces following issues-Risk of Army annexation in different countries..Level of misconduct and regulation levels in raw materials sector.Government interference and control in the oil and gas sector industries.Legal formalities and rules for contract enforcement by the companies with thegovernment of the country(Koshesh and et.al., 2019).Trade related regulations and tariffs for the raw materials.Price regulations and imposed taxes by the government.Industrial safety and wage regulations for the workers in the company.Intellectual property rights and protection. Employee benefits and work time regulation for the company. Economic Factors- Economic factors comprises of factors such as exchange rates, inflationrates, interest rates as well as economic cycle determining the aggregate demand and supply inthe economy and all other money related factors that will affect Royal Dutch Shell's operation indifferent countries. The following are the economic factors and components being faced by ShellPLC - Economic system of the country comprising of Traditional, Command, market or mixedeconomic system being adopted by the country.1
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
(solved) Pestle Analysis of SHELlg...
|6
|1356
|189
Report on Oil Industrylg...
|5
|724
|2
Role Of Transportation Sectorlg...
|10
|2862
|89
Sustainability in Royal Dutch Shelllg...
|18
|4024
|233
Sustainability in Royal Dutch Shelllg...
|18
|4373
|100
PESTLE Analysis of Royal Dutch Shelllg...
|7
|791
|50