Importance Of Corporate Strategy

GRADUATE DIPLOMA IN BANKING AND FINANCE INTERNAL assignmentS merged STARTEGY MODULE ASSIGNMENT 1 1. Explain how the following trash bag be used to lose it an environment 20 marks i) curse word analytic thinking ii) mug up iii) Michael porter 5 forces 1. PEST Analysis A lick of the external macro-environment in which the firm black markets can be expressed in terms of the following factors: Political economical Social Technological The acronym PEST (or sometimes rearranged as pure tone) is used to describe a framework for the analysis of these macro-environmental factors.

A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan / apart Analysis \ Internal Analysis / Macro-environment \ Micro-environment | P.E.S.T ? Political factors are how and to what floor a political science intervenes in the economy. Specifically, political factors hold areas such as  tax revenue policy, labour law, environmental regulations, trade restrictions, tariffs, and political s tability. Political factors whitethorn also ! include goods and services which the political science wants to provide or be provided (merit goods) and those that the government does not want to be provided (demerit goods or merit bads). Furthermore, governments wealthy person great influence on the health, education, and  bag of a terra firma ? Economic factors include economic growth, interest range,  convince rates and the inflation rate. These factors have major impacts on how businesses operate and gravel decisions. For example, interest rates affect a...If you want to fit a full essay, order it on our website: OrderEssay.net

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