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The Political, Economic, Social and Technological (PEST) analysis for the Volkswagen company studies its external environment. This analysis is done to assess the potential of a new market for Volkswagen.
In order to understand the threats and opportunities facing an organization, you need a thorough understanding of its external context, including not only its industry, but the larger environment in which it operates. The proper analysis of the external context, together with the firm-level analysis you learned in Chapter 3 (e.g., VRINE, value-chain), allow you to complete a rigorous analysis of a firm and its options. You could say that with these tools you can now perform a thorough and systematic (rather than intuitive) SWOT analysis; that is, an assessment of a firm's strengths, weaknesses, opportunities, and threats.
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It is an evaluation of those external factors that have an impact on businesses where these have either little or no control over; it is generally developed out of an initial STEEPLE analysis where all the following factors are considered and argued in relation to certain organization:SocialTechnologicalEconomicEthicalPoliticalLegalEcological
Marketing external environment analysis
You do this through a SWOT analysis.
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Situational analysis in curriculum development refers to the process of assessing the current educational context, needs, challenges, resources, and stakeholders that may influence the design and implementation of a curriculum. It involves gathering data and information to understand the unique circumstances and factors that will shape the development of the curriculum to ensure its relevance and effectiveness in a specific context. This analysis helps curriculum developers make informed decisions and tailor the curriculum to meet the needs and goals of the learners and the educational setting.
The Political, Economic, Social and Technological (PEST) analysis for the Volkswagen company studies its external environment. This analysis is done to assess the potential of a new market for Volkswagen.
Answer A. Internal environment B. External environment C. Swot analysis
An Industry analysis focuses on the industry itself and not the business. An industry analysis is based on external factors on an industry and is often deals with analyzing a task environment. Porter's analysis is often used for an industry analysis. For a company analysis you deal with inside strengths. weaknesses, opportunities and threats of your business. A company analysis focuses on internal analysis of the company.
A STEEP analysis is a tool to evaluate various external factors impacting a business or organization. STEEP is an acronym for Social, Technological, Economic, Environmental, Political.
Political, Economic, Social, and Technological analysis
Management's Discussion & Analysis (MD&A)
External data analysis?
Michael P Dooley has written: 'An analysis of external debt positions of eight developing countries through 1990' -- subject(s): Debts, External, Economic policy, External Debts