Pestle Analysis of Overall Industry- Doc
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Added on 2019-12-18
Pestle Analysis of Overall Industry- Doc
Added on 2019-12-18
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Table of ContentsINTRODUCTION.......................................................................................................................................3TASK 1.......................................................................................................................................................3TASK 2.......................................................................................................................................................7Analyze relevance of technological change in agricultural industry and how it influences policies and decision making.......................................................................................................................................7Effectiveness of organization’s response.................................................................................................7Demonstrate some areas of improvement in response of organization....................................................7CONCLUSION...........................................................................................................................................7
INTRODUCTIONExternal complexities have increases which influences the behavior of the business enterprise in order to react with the changes. Agricultural industry has been chosen for this assignment which helps in defining various conditions of the current sector and its scope in the future. This report is all about conducting pestle analysis of the overall industry in order to find different ways to be adopted by an entity in improving their existing performance. This is focuses on the technological changes in the agricultural industry and their role in decision making in the UK. The responses of the current change in the sector and any sort of improvement to be done in that particular sector.TASK 1United Kingdom is regarded as one of the important country which has several tourist destinations in order to attract wide number of customers (Pandit, Milman, Oberhofer and Zhou, 2017). This country has various businesses which help in generating higher amount of sales and the revenue to the whole economy. This country has also famous of royal glory of famous emperors, architects, rich heritage which is enhancing the beauty of the current place. London is regarded as heart of the UK which is also one of the famous tourist destinations. The higher amount of sales and the revenue generated by UK is from the tourists who came from different parts of the world to the United Kingdom. The focus of the current report is on eth agricultural occupation conducted in the country.The facts have been revealing that UK has using 69% of the overall land for cultivations as this is regarded as one of the main occupations of the whole economy (Myers, 2013). The modern machineries applied b the farmers of this country is contributing higher revenue in boosting the existing status of the whole economy. The dependency of people is higher in these particular occupations in which an entity will generate higher sales and the revenue for their business. The standard of living of an individual gets increases by involving itself in these particular occupations. The agriculture in this nation is integral source of income. The higher dependency of people in this particular profession has increases the overall workforce. The current facts state that 456000 people are involved in this occupation in order to cater the needs and the expectations of the variety of customers (Jeston and Nelis, 2014). The highly developed nation’s credit goes to these particular sectors which help in uplifting the existing conditions of this country among the variety of other nation. The production of UK from this particular is around 60% of the food as all the goods produced in this country are less consumed in the same nation as all of their goods produced will be exported outside the country to attract wide number of customers. The real contribution of income is 0.62% of the total income earned to the economy which is around 9 billion. The size of holdings of farmers’ in this sector gets increases with the passage of time. The external changes incurred in these particular sectors will be beneficial for an entity in order to achieve their desired goals and the objectives.
The wide number of agricultural activities is mostly occurred in the rural locations of the UK which is almost around south or west areas of the whole country. The dependence off peoplehas increases with the passage of time and specific time interval. The influences of the external industry have increases the scope of this sector (Alos-Simo, Verdu-Jover and Gomez-Gras, 2017). The people gradually started connecting with this particular sector in order to boost the current sector. The technologies a d creativity of normal individuals proves beneficial for the whole sector in boosting the current industry. The sector is increasing in terms of sales and the revenue as this helps in catering the needs and the expectations of different customers. The desired aims and targets set by individuals will be achieved along with specific time interval allotted to each and every task. This allocation of time to every goal will help in monitoring the current performance of the current sector.The skill applied by individual farmers in inducing the urgent production is appreciating as this will enrich the skills and their dreams. The goals are framed by an entity according to their present conditions and their current situational aims of getting higher customer satisfactions. The focus of all the farmers of the UK is to deliver quality oriented output by lowering the prices. The process is lowered to capture higher market share which in turn increases the overall economic growth of the country (Crane and Matten, 2016). The lowering ofprices for the sake of an entity to gather higher number of crowd will decrease the revenue of an entity and the whole economy. The framers are applying their hardest efforts in order to meet thehigher expectations of all individuals and overall society who are dependent upon the productions produces by all the farmers the sentiments of all individuals are cared by these farmers as they focuses on the quality of the food produced rather than earning profit which is the highlighters of the overall performance of this particular sector. The soils are cultivated after considering various key considerations and key factors which are required in order t make important decisions for the whole economy.The basic emphasizes of an entity is on organic farming as his unique approach followed by an entity (Li, Kim and Zhao, 2017). The current goals of this sector are to produce organic products to be offered to the healthy individuals of the UK which are highly conscious about their health. Their consciousness will be regarded as direct weapon to attract wide number of customers. The current changes in the external market will help in inducing the sales and the revenue of the current sector. The organic farming is unique changes takes places n the agriculture industry of the United Kingdom which helps in stealing interest of different set of buyers as this will involve less chemical and less pesticides involves in the foods produced. The organic products bare useful; products for maintain good health of an individual the whole nation.Another source of opportunities for this particular sector is bio-fuels which is regarded as new chance for this country in the whole economy (Westerlund, Isabelle, Rajala and Leminen, 2017). This unique opportunity will induces the amount of sales and the revenue which bundles with lots of income sources differently presented in the unique format. This biofule is that
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