Importance Of Corporate Strategy

GRADUATE DIPLOMA IN BANKING AND FINANCE
INTERNAL assignmentS

CORPORATE STARTEGY

MODULE

ASSIGNMENT 1

1. Explain how the following scum bag be used to lose it an environment 20 marks
i) curse word analytic thinking
ii) SWOT
iii) Michael porter 5 forces

1. PEST Analysis

A skim of the external macro-environment in which the firm black markets can be expressed
in terms of the following factors:






Political
Economic
Social
Technological

The acronym PEST (or sometimes rearranged as STEP) 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

/

away Analysis



Internal Analysis

/

Macro-environment



Micro-environment

|

P.E.S.T

? Political factors are how and to what degree a political science intervenes in the economy. Specifically, political factors include areas such as  tax revenue policy, labour law, environmental regulations, trade restrictions, tariffs, and political stability. Political factors whitethorn also include goods and services which the government 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 have great influence on the health, education, and  bag of a nation
? Economic factors include economic growth, interest rates,  convince rates and the inflation rate. These factors have major impacts on how businesses operate and make decisions. For example, interest rates affect a...If you want to fit a full essay, order it on our website: Ordercustompaper.com



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