Question
Q1. Select an organization of your choice from your country, and using the PESTEL Framework, identify how each of the factors has impacted the industry/sector
Q1. Select an organization of your choice from your country, and using the PESTEL Framework, identify how each of the factors has impacted the industry/sector within which the organization is categorized. Provide examples to support your response.
How do you approach the Question?
Identify the organization by Name and state the Country, and the Industry/Sector within which the organization selected is categorized.
For example:
If you are a teacher or work for the Ministry of Education, then the organization is categorized within the Education sector.
If you work at a Bank, Insurance Company or Credit Union, then the organization is categorized within the Financial Services sector.
If you work at a Hotel, then the organization is categorized within the Hospitality and Tourism sector.
If you are a Policeman/Policewoman/Soldier, then the organization is categorized within the National Security sector.
Then you begin to look at the factors within the PESTEL Framework.
Label each of your paragraphs with the respective factor and identify/indicate/discuss briefly how each of the factors has impacted the industry/sector. Provide examples from the organization selected and or Industry/Sector to support your response.
Political
Economic
Social/Socio-cultural
Technological
Environmental
Legal
Ensure that you state at the end of the discussion for each factor whether the impact of the factor is Positive and/or Negative?
Of the six (6) factors of the PESTEL, at least five (5) will be impacting the organization and sector.
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