Detailed Analysis of Internal and External Factors for AstraZeneca

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Added on  2022/12/05

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This report provides an analysis of the internal and external factors influencing AstraZeneca. It begins by examining the internal environment, focusing on factors such as consumers, staff, and shareholders, and how these elements impact the company's strategic planning and sustainability. The report then delves into the external environment, utilizing a PEST (Political, Economic, Social, and Technological) analysis to assess the broader market context. The political factors include government regulations, economic factors such as growth rates and industry trends, social factors regarding consumer behavior, and technological advancements. The report also explores the impact of AstraZeneca on its external environment, particularly on political and economic factors. Finally, the report acknowledges the interconnectedness of these factors and their significance in organizational performance and strategic management.
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The concept of internal and external environment refers to a market
as well as company analysis from two perspectives that are within
the boundaries of business and beyond the boundaries of business.
This creates a huge impact upon the organisation and its
sustainability. On the other business also creates an impact upon the
external environment.
Consumers: AstraZeneca operates on the premise of assembly the demand, desires as well as supplying advantages for his or her clients. Non
satisfactory to achieve this would bring about a setback enterprise approach.
Staff: Acquiring the perfect body of workers as well as retaining those body of workers influenced is a vital a part of the tactical making plans method
of AstraZeneca.
Shareholders: It is the obligation for AstraZeneca to fulfil the expectancy as well as perception of its shareholders. This agency is attempting its high-
quality to satisfy its approach in order that it could fulfil the expectations of their shareholders.
INTERNAL AND EXTERNAL FACTORS
INTRODUCTION Impact of Internal & External Environment
The external factors of company are measured by a PEST analysis which is mentioned below:
Political Factors: AstraZeneca is running in pharmaceutical in extra than a number of international locations as well as exploits self to special forms of
governmental surroundings as well as political device dangers.
Economic Factors: AstraZeneca could utilise the national’s financial elements along with boom rate, hikes and enterprise’s financial signs along with
pharmaceutical enterprise boom rate, patron expenditures, and many others to estimate the boom directions of now no longer the call of the area
however additionally that of the company.
Social Factors: Shared ideals as well as behaviour of the populace performs a splendid function in how entrepreneurs at AstraZeneca would apprehend
the clients of a provided marketplace and the way they layout the advertising appeals for pharmaceutical enterprise customers.
Technical Factors: The challenges of attaining enterprise fulfilment via multiplied effectiveness as well as efficiency, along with rivalry, blended with
revolutionary packages of present day era, have intensify the attention of each era as well as enterprise leaders toward extra tactically orientated tactics
for making plans along with control of AstraZeneca.
From the above report it can be said that internal as well as external
form of environment is essential to scan regularly and has a great
connection with organisational performance and has an interlinked
impact upon each other
References
Chen and et. al., 2021. Unified multidisciplinary modeling and simulation analysis of internal power system. Journal of Computational Methods in Sciences and Engineering, (Preprint), pp.1-21.
Eierle and et. al., 2021. External Environment and the Pricing of Audit Services: A Systematic Review of Archival Literature. Available at SSRN 3816385.
Conclusion
Impact of company upon external environment
The impact which AstraZeneca creates upon external environment is mentioned below:
Political factor: The Company being a high market share company within the location can influence government to being such policies which are in
favour of company.
Economical factor: As the company is a contributor to the development of economy so if it can raise its prices for its products then there can be a
inflation within economy or will lead to less money flow with respect to buying of healthcare products.
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