The environment of business is separated in internal and external environment. Analysis for business environment allows enterprise and workers for understanding context in which they operate. This make enterprise for developing them anticipate potential changes and strategies. Understanding of the business environment is required for success in today's business world. Choose one of the company from this list:
- Barratt Developments Schroders PLC
- Schroders PLC
- Plus500 PLC
- Contain PLC
- Contour global PLC
Task 1 Analyse how your chosen enterprise is structured and governed.
Task 2 Measure the effectiveness of carrying out PESTEL analysis for an enterprise. Task 3 Utilise the PESTEL model for analysing the external environment of your chosen organization.
NOTE: Presentation, referencing and grammar.
Assessed Learning Outcomes
L01: Interpret how the organisation is structured, governed and managed.
L02: Acknowledge the key external environmental constraints on a business;
POINTS TO CONSIDER:
- You have to mention a general overview on your chosen enterprise, including its organisational structure, its history, and how this is governed. As example, demonstrate that you have made some research on history of the company. How many directors have to be there on the board, and how many of them are non-executive and executive directors? Who is the chairperson of enterprise, and when he will be appointed to board?
- Measure the essentialness for PESTLE analysis for organisation of business. Why this is essential for an enterprise to do PESTLE analysis?
- Make a list for the Economic, social, political, technological and legal, PESTEL factors which influence environment of your chosen enterprise, and discuss how these factors impact chosen enterprise.
- You have to illustrate the answers with relevant practical examples.
- This report must be completed as a management report, by following this academic structure:
o Executive summary
o Table of Contents
o Main body
o References list
- You have to use Harvard Referencing to acknowledge the source of information and provide a list of reference.
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