Want this question answered?
PESTEL is a tool used by strategic managers to understand the external environment in which an organisation operates. It includes:Political factorsEconomic factorsSoci-cultural factors e.g. changes in fashion or trendsTechnological factorsLegal factorsEnvironmental factorsThe tool is used as a mechanism to consider all factors which affect the firm which are beyond its control.
It is very important to monitor the macro-environment of a firm as they will directly affect the organization. These are external factors that a firm will not have control over and will affect the performance of the business.
An organization's macro environment includes the technological, economic, natural, and regulatory influences that a business cannot control. Its influence can be positive or negative, depending on the circumstances.
for an organization economic factors mean factors which affect the organisation policy decision.some factors are controllable & some are uncontrollable
Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.
These are the factors within the organisation that you have control over such as suppliers, staff etc
—Internal environment is the one which consist of factors within the organisation that will affect the selling processes. E.g. Organisation resources, budget, sales force, products etc
PESTEL is a tool used by strategic managers to understand the external environment in which an organisation operates. It includes:Political factorsEconomic factorsSoci-cultural factors e.g. changes in fashion or trendsTechnological factorsLegal factorsEnvironmental factorsThe tool is used as a mechanism to consider all factors which affect the firm which are beyond its control.
Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation. Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation.
It is very important to monitor the macro-environment of a firm as they will directly affect the organization. These are external factors that a firm will not have control over and will affect the performance of the business.
Factors of the control environment include employees' integrity, the organization's commitment to competence, management's philosophy and operating style, and the attention and direction of the board of directors
An organization's macro environment includes the technological, economic, natural, and regulatory influences that a business cannot control. Its influence can be positive or negative, depending on the circumstances.
The physical factors which affect the environment are temperature,humidity,intensity of radiation of light &light..these are physical factors as they are about the mechanics..
for an organization economic factors mean factors which affect the organisation policy decision.some factors are controllable & some are uncontrollable
Andrew Broadbent
temperature
fators that affect the quality of communication is the environment