Analyzing the Impact of Macro and Micro Factors on Business

This report analyzes the business environment, focusing on the impact of macro and micro factors on organizations like Admiral Sportswear. It employs frameworks such as PESTLE and SWOT to evaluate external and internal influences. The PESTLE analysis explores political, economic, social, technological, legal, and environmental factors, while SWOT assesses strengths, weaknesses, opportunities, and threats. The report also discusses how these factors interrelate and influence decision-making processes. It concludes by emphasizing the importance of sustainable change and strategic improvements for businesses to thrive in a competitive industry. Desklib offers a range of similar resources for students.

Business and business
environment

Table of Content
 Introduction
 Identifying the positive and negative impacts the macro environment has on business
 Applying PESTLE analysis to support the macro environment
 Conducting the internal and external analysis of specific companies
 Explaining how strengths and weaknesses interrelate with external macro factors
 Implementing the SWOT/TOWS analysis and justifying how they influence decision-making process
 Critically evaluating the impacts of both macro and micro factors
 CONCLUSION
 References

Introduction
 The changing business factors needs to be analysed in a significant manner.
 The major aim for the firm is to evaluate the business environment and
provide better services to the customers.
 Admiral Sportswear is one of the most growing organisation which aims to
provide various diversified products to the customers.
 On the other hand, in this report there will be brief discussion about various
frameworks which includes pestle analysis.

Identifying the positive and negative
impacts the macro environment has on
business
 Macro environment is the process which will help the firm to become more
competitive and they can focus on implementing new rules and regulations.
 They can also become more better in every possible manner. The PESTLE analysis
aims to improve the overall efficiency of the workplace.
 They generally tends to attain the desired results in the market by analysing every
force in a suitable manner.
 PESTLE analysis in context to admiral sportswear is been mentioned below:

Applying PESTLE analysis to support the
macro environment
 Using the pestle evaluation will help the organisation to follow up with different
strategies in order to become more competitive in the market.
 The organisation can attain greater results and admiral sportswear could become more
refined with their way of carrying out the operations.
 The decision making process could also be enhanced and help the firm to use the new
potential resources.
 This is the frameworks which will help the organisation to function in a appropriate
way.
 The pestle analysis is the detailed review which will help them to focus on various
things and make them more significant towards their managing operations.

Conducting the internal and external
analysis of specific companies
 Swot model is the strategic process which will help the organisation to
perform their functions in a better way.
 There are multiple aspects which could be improvised by taking the overall
advantage in the market.
 Swot analysis is been as follows:
 Strengths
 Weakness
 Opportunities
 Threats

Explaining how strengths and weaknesses
interrelate with external macro factors
 Political factor
 Economic factor
 Social factor
 Technological factor
 Legal factor
 Environmental factor

Implementing the SWOT/TOWS analysis
and justifying how they influence decision-
making process
Strengths Weakness
 Admiral Sportswear could focus making the relevant decisions by uplifting the quality
of their products. They are working in accordance to the customer preferences and
provide superior quality products to them.
 With the help of management experience and their ideology they can build the effective
decisions which will help them to become maximum customer satisfaction in the market.
 Admiral sportswear needs to foresee various areas in the department. They need to formulate the
right strategies which will help them to take the desired measures through which they are bale to
provide the better quality products to the audience.
Opportunity Threats
 Admiral Sportswear needs to capitalise on becoming better. They need to change their
way of doing the operations. They need to enhance their perspective and clear their path.
The main era is to follow certain procedures which will help them to become greater in
the market and using the resources through which they can dominate the retail industry.
 The main threat for Admiral Sportswear is to improve their position in the market. They need to
take the effective measures which will help them to become more productive and building the
future with right path, They need to improve multiple aspects and forecast the future in a well
oriented manner.

Critically evaluating the impacts of both
macro and micro factors
 The organisation needs to improve their operations capacity and their way of carrying
out the desired results,.
 There is the need of improvements which will make the firm more better in the
market.
 The structure and the right process could be implemented by the company and there is
the way to create the diversity with the changing operations in the market.
 The profits could also been maximised for the organisation and will help the Admiral
Sportswear to create the advantageous position in the industry.

CONCLUSION
 From the above presentation, it has been concluded that the organisation needs to bring the sustainable change in the workplace
in order to become more competitive in the industry.
 They need to implement the regulative process which will help them to do certain improvements simultaneously.
 On the other hand, in this report there is analysation about the swot and pestle frameworks which will help the firm to take
different changes and become better with the new working environment.
 Along with that, there is discussion about the interrelationship with the strengths and weakness of the organisation.
 The main aim is to capitalise on becoming better which will help them to reach new heights in the industry.
 For further instance, this report aims to become more better by investing in the technological tools and advancements.
 There are various measures which can be taken by them and devising the right strategies which will abruptly make them better.

References
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