Business and Business Environment: PESTEL Analysis of River Island

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Added on  2025/04/10

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Desklib provides past papers and solved assignments for students. This presentation analyzes River Island's business environment using PESTEL.
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Business and Business
Environment
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Table of content
Introduction
Macro business
environment
PESTEL analysis
Positive impact of macro
environment on business
Negative impacts of macro
environment in business
Conclusion
Reference
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Introduction
The business environment of the company could be
divided into two parts; internal and external environment.
The external environment of the company could not be
controlled by the actions and policies of the company.
Here, the PESTEL analysis is used to examining the
factors involved in the external environmental of the
company. The current presentation also explains the
PESTEL analysis of River Island and also its positive
and negative impacts on the company.
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Macro business environment
Includes the factors of external environment
Could not be controlled by the company
Very important for the company to follow (Branscomb
and Auerswald, 2012)
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PESTEL analysis
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Political factors
Includes the rules of
government towards the textile
industry (Council, 2013)
For example: taxation policy etc.
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Economical factors
Includes the economical
factors like exchange
rate, employment rate,
recession etc.
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Social factors
Includes attitude and taste
of the customers present
into the market
The cultural issues and
rituals followed by the
customers also examined
here
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Technological factors
Includes the technological
factors and new and
latest technologies being
used in textile market
Such as online availability
of clothing range
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Environmental factors
Includes the
environmental concerns
like no emission of
carbon etc
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Legal factors
Includes the legal issues
like laws and legislation
such as child labour,
health and safety law etc.
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Positive impact of macro environment on
business
New areas could be identified to expand the business
The competitors policies and actions also could be
identified
Change in the trend of market also could be anticipated.
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