Business Environment Analysis: Comprehensive SWOT and PESTLE Report

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Added on  2023/03/29

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This report presents a detailed analysis of the business environment, utilizing both SWOT and PESTLE frameworks. The report begins with an introduction, followed by a PESTLE analysis that examines the political, economic, social, technological, legal, and environmental factors impacting businesses. A SWOT analysis is then conducted, assessing the strengths, weaknesses, opportunities, and threats relevant to the business. The report highlights the interdependency between internal and external factors, providing insights into how these elements influence a company's operations. The conclusion summarizes the key findings and emphasizes the importance of understanding the business environment. References are included to support the analysis and findings presented in the report. This report is available on Desklib, a platform offering study resources for students.
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Business and Business
Environment
TASK3 and 4
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COVER CONTENT
Introduction
PESTLE Analysis
SWOT Analysis
Conclusion
References
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Business environment
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INTRODUCTION
Business environment define as a combination of
external as and internal factors that effects a firm
operating condition. It can include different parts such
as suppliers, clients, owners, competition etc.
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Interrelationship between SWOT Analysis and
external factor
There is high interdependency between companies in
internal and external environment. NATWEST two
major strengths are that it has high growth rate and
gets labour at reduced cost.
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PESTLE Analysis
Political Factor
Environment Factor
Social Factor
Technological Factor
Legal Factor
Economic Factor
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SWOT Analysis
Strength Weaknesses
High growth rate
Decreased labour cost
Skilled workforce
Market entry barrios
Future cost structure
Lack of financial resources
Opportunities Threats
Innovative market place
New Acquisitions
New services and product
Lower profitability and Growing completions
Price modifications
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CONCLUSION
From the above report, it can be determined as that
business environment is very essential part which is
includes micro and macro factors. In this file, there
are different kinds of organisations such as private,
public and voluntary and their legal structure.
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REFERENCES
Cantwell, J., Dunning, J. H. and Lundan, S. M.,
2010. An evolutionary approach to understanding
international business activity: The co-evolution
of MNEs and the institutional environment.
Journal of International Business Studies. 41(4).
pp.567-586.
Carroll, A. B. and Shabana, K. M., 2010. The
business case for corporate social responsibility:
A review of concepts, research and practice.
International journal of management reviews.
12(1). pp.85-105.
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THANKYOU
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