Business Environment Analysis of Asda: Applying PEST & Porter's Model

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Added on  2023/06/18

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This presentation provides an analysis of Asda's business environment, utilizing the PEST (Political, Economic, Social, and Technological) framework to assess the macro-environmental factors influencing the company and Porter's Five Forces model to evaluate the competitive landscape. It highlights the importance of understanding both the external and internal environments for achieving a competitive advantage. The presentation concludes that a thorough analysis of the business environment is essential for companies like Asda to make informed strategic decisions and maintain a strong market position. References to relevant academic articles are included to support the analysis. Desklib offers a wide array of solved assignments and study tools for students.
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BUSINESS
ENVIRONMENT
(LO1)
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INTRODUCTION
The present ppt covers an analysis of both micro
and macro environment through an application
of PEST and Porter's five forces model in
respect to the company Asda.
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Importance of Competitive advantage and
business environment knowledge
Business environment includes PEST analysis.
Competitive analysis includes Porter’s five
forces
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PEST analysis
The PEST analysis comprises form the part of
external business environment which talks about
the organisation's political, economical, social and
technological environment.
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Porter's Five Force Analysis
The Porter's five force helps in the analysis of
company's position in a competitive market as well as
its strengths. The model comprises of five different
elements within the framework that presents a crystal
picture of company's standings.
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Internal environment
The internal environment for an
organisation Asda is highly fruitful and is
providing greater business opportunities
with a healthy culture.
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CONCLUSION
From the above ppt it can be concluded
that an analysis of business environment
is highly essential by a company.
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REFERENCES
Almeida, F. and Santos, J.D., 2018. Annex I–Porter Five Forces.
de Matos, C.A. and Krielow, A., 2018. The effects of environmental factors on B2B e-services
purchase: perceived risk and convenience as mediators. Journal of Business & Industrial
Marketing.
Gorlova, O., 2020. Macro factors influencing the formation of standardized management systems
of an enterprise. Współpraca Europejska. 4(48). pp.68-84.
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Thank-You
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