Primary Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments.

Primary Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

An external analysis of a company is another indicator for making strategic decisions. External factors are the general environment of an industry that strategic leaders most likely will not be able to influence. There are six external factors for a PESTEL analysis that influence all firms in a given industry.

The PESTEL model groups these segments as: political, economic, sociocultural, technological, ecological and legal.

Review the following article:

• Scanning the Environment: PESTEL Analysis

Explore the six PESTEL external factors: political, economic, sociocultural, technological, ecological, and legal.

Choose one industry (automotive, hospitality, manufacturing, high tech, etc.) and discuss the following with your peers:

• Examine one of the six PESTEL factors in relation to your chosen industry. In your opinion, why do you believe this PESTEL factor is the most important to your chosen industrv?

Home

Degree

Connect

Financial.     .Describe one advantage and disadvantage of the PESTEL analysis for strategic planning.

  • If you were a manager in a global organization, how would you use the technological factor of innovation to gain a competitive advantage?

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

REPLIES: INSTRUCTIONSThe student must reply to at least two classmates’ threads by 11:59 p.m. (ET) Sunday of theassigned Module: Week. Your replies must

REPLIES: INSTRUCTIONSThe student must reply to at least two classmates’ threads by 11:59 p.m. (ET) Sunday of theassigned Module: Week. Your replies must include meaningful and substantive contributions tothe discussion, and ideally provoke and challenge the thinking of your colleagues. Each replymust be 200-300 words.Replies: Specific Reference RequirementsFor Discussion Replies:

Discussion Thread: Introducing HR and Christian Worldview Keller’s big-picture thinking relative to work in God’s world (Chapters 1–4) can be interpreted

Discussion Thread: Introducing HR and Christian Worldview Keller’s big-picture thinking relative to work in God’s world (Chapters 1–4) can be interpreted as follows: Design —God designed humans to work; Dignity —work gives humans dignity; Cultivation —God continues to “create” through the work of humans; Service —humans love God and neighbor

Looking for someone to do my assignment below You will prepare a distribution improvement strategy for the Hunt Company.  Recently, the company began

Looking for someone to do my assignment below You will prepare a distribution improvement strategy for the Hunt Company.  Recently, the company began outsourcing its manufacturing to overseas companies.  Due to this recent change, they have suffered various issues and problems with their distribution processes.   Instructions:  Read the Hunt Company case

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a provided scenario or a business of your choice. Collapse AllIntroduction This portfolio work project, a demand management plan, will help you demonstrate competency in forecasting, inventory management, and scheduling. Scenario

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a provided scenario or a business of your choice. Collapse AllIntroduction This portfolio work project, a demand management plan, will help you demonstrate competency in forecasting, inventory management, and scheduling. Scenario