An environmental analysis identifies external and internal factors that can impact an organization. Assessment of opportunities and threats in the environment can be done using frameworks such as PESTLE (Political, Economic, Social, Technological, Legal, Environmental). Making informed decisions is common in strategic planning.
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PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.
Environmental Threats and Opportunities Profile (ETOP) analysis is a device that considers environmental information and determines the relative impact of threats and oppertunities for the systematic evaluation of yhe environmental scanning. This analysis divides the environmental into different sactor and then analysing their affect of each sactor on the organization. In this analysis various invironmental factors and their affect on future are depicted.
The advantages of environmental analysis include the ability for businesses to make changes to their distribution methods, more emphasis on conserving energy, and lowering harmful emissions in the air. The disadvantages of environmental analysis is that it is costly to implement and may not supply immediate findings.
R. K. Jain has written: 'Handbook of environmental engineering assessment' -- subject(s): Handbooks, manuals, Environmental impact analysis, Environmental policy 'Estimation of minority carrier diffusion lengths in InP/GaAs solar cells' -- subject(s): Solar cells 'Environmental impact analysis' -- subject(s): Environmental impact analysis, Environmental impact statements
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political, environmental, social, technological, leagle & educational analysis
Global environmental analysis considers factors and trends on a worldwide scale, such as international treaties and climate change. Domestic environmental analysis focuses on factors within a specific country or region, like local regulations and resource availability. Both are important for understanding the broader environmental landscape in which organizations operate.
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Environmental Threat and Opportunity Profile (ETOP).
Environmental Threat and Opportunity Profile (ETOP).
PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.