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PESTLE ANALYSIS 11 PESTLE ANALYSIS

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Added on  2021-06-14

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PESTLE ANALYSIS 11 PESTLE ANALYSIS Name: HSBC Institution: Course title: Tutor: Date: Executive Summary The analysis of external business environment is necessary for an organization to achieve the desired production level. Executive Summary 2 Introduction 4 Company Background 4 PESTLE analysis: UK context 6 Political factors 6 Economic factors 7 Social factors 9 Technological factors 10 Legal factors 11 Environmental factors 12 Recommendation 12 Conclusion 12 References 14 Introduction The decision makers in the organization are required to perform the PESTLE analysis to

PESTLE ANALYSIS 11 PESTLE ANALYSIS

   Added on 2021-06-14

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PESTLE ANALYSIS1PESTLE ANALYSIS Name:Institution:Course title:Tutor:Date:
PESTLE ANALYSIS 11 PESTLE ANALYSIS_1
PESTLE ANALYSIS2Executive SummaryThe analysis of external business environment is necessary for an organization to achievethe desired production level. The top management is mandated to develop a plan that is highly effective in dealing changing business environment. The business is supposed to identify the changes in business environment factors for extended performance in the targeted market. PESTLE analysis is a tool that is used by businesses in developing proper policies considering the changes in business environment.
PESTLE ANALYSIS 11 PESTLE ANALYSIS_2
PESTLE ANALYSIS3Table of ContentsExecutive Summary.........................................................................................................................2Introduction......................................................................................................................................4Company Background.....................................................................................................................4PESTLE analysis: UK context.........................................................................................................6Political factors............................................................................................................................6Economic factors..........................................................................................................................7Social factors................................................................................................................................9Technological factors.................................................................................................................10Legal factors...............................................................................................................................11Environmental factors................................................................................................................12Recommendation...........................................................................................................................12Conclusion.....................................................................................................................................12References......................................................................................................................................14
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PESTLE ANALYSIS4IntroductionThe decision makers in the organization are required to perform the PESTLE analysis to forecast the changes in the external business environment. An organization can identify the potential opportunities and threats in the market that will manipulate the long-term performance of the business. An organization is required to continuously evaluate the business environment for the achievement of needed production level in the market. According to Botha, Kourie and Snyman (2014) the start-up and established businesses are required to access the external business environment for a smooth flow of operations. Business external challenges negatively impact the long-term performance of the business which requires the management to develop a budget that will deal with issues in the market. Strategic planning using PESTLE analysis is usedto reassess the situation of the company for maximization of strengths and minimizing weaknesses of the company (Khan, Alam & Alam 2015). The company can develop a stable brand in the targeted market through the continuous evaluation of the external business environment. An organization can build a proper organizational culture by executing policies that consider the dynamic external business environment. The study will focus on HSBC a leading financial institution in the UK and the business environment in the nation.Company BackgroundHSBC is UK financial company that was established on 3rd March 1865 as Hong Kong and Shanghai Banking Corporation Limited (HSBC 2018). The company primarily focused on enhancing international trade globally especially Asia and Europe. The company was able to expand to other parts of the world through the acquisition and merger with other banks. HSBC has been able to develop a strong global brand through quality production to the consumers in
PESTLE ANALYSIS 11 PESTLE ANALYSIS_4

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