Undertake a strategic planning exercise for JB Hi-Fi, Australia's Largest Home Entertainment Retailer, conduct a detailed assessment of various components of the strategic management process and suggest which business strategy you believe will be the most appropriate for JB HiFi and explain why.

For the JB Hi-Fi company,

1. Using PESTLE analysis, analyse the JB Hi-Fi's external environment at the macro level. 2. Using Stakeholder Analysis, identify the key stakeholders of JB Hi-Fi and the level of their impact on the company. (Micro level external analysis) (with reference list you use for the question, thank you)

answear should also consider competitor)

Political FactorsBroadly speaking, political factors are those driven by government actions and policies

Economic FactorsEconomic factors relate to the broader economy and tend to be expressly financial in nature.

Social FactorsSocial factors tend to be more difficult to quantify than economic ones. They refer to shifts or evolutions in the ways that stakeholders approach life and leisure, which in turn can impact commercial activity.

Technological FactorsIn today's business landscape, technology is everywhere - and it's changing rapidly. Management teams and analysts alike must understand how technological factors may impact an organization or an industry.

Environmental FactorsEnvironmental factors emerged as a sensible addition to the original PEST framework as the business community began to recognize that changes to our physical environment can present material risks and opportunities for organizations.

Legal FactorsLegal factors are those that emerge from changes to the regulatory environment, which may affect the broader economy, certain industries, or even individual businesses within a specific sector.

Stakeholder Name or Group Name.	Internal Or External Stakeholder	Unaware, Resistant, Neutral, Supportive, or Leading?	Level of Influence (1-5, with 5 being the lowest)	Ability to Impact Resources(1-5)	Total Score	What does this stakeholder need? Stakeholder's greatest concerns?	What is needed from this stakeholder?	What is the risk if this stakeholder is not engaged? (add to risk plan)
Employee
Supplier
Government
Community
Consumer
Shareholder