PESTLE ANALYSIS What is PESTLE analysis? PESTLE stands for - Political‚ Economic‚ Sociological‚ Technological‚ Legal‚ Environmental. The term PESTLE has been used regularly in the last 10 years and its true history is difficult to establish. Various other similar acronyms have been used including ETPS‚ STEP‚ PEST‚ and STEEPLE. The term PESTLE is particularly popular on HR and introductory marketing courses in the UK. PESTLE analysis is in effect an audit of an organisation’s environmental influences
Premium Strategic management
Abstract This paper appraised business external and internal environments‚ with specific reference to the Nigerian business environment. The methodology adopted is basically theoretical and narrative based on aggregative and specific SWOT Matrix and PESTLE Analysis models‚ respectively‚ from previous studies. A review of related literature and exploration of theoretical framework provided more insight into the various factors of the environments of business. The appraisal showed that both external and internal
Premium Strategic management SWOT analysis
factors within the PESTLE analysis which are having an impact on Charles Stanley October 2008 1.0 - Introduction to the PESTLE analysis……………………………….........................3 2.0 – Introduction - Charles Stanley 2.1 - Pestle Analysis of Charles Stanley Stockbrokers 3.0 – Detailed Focus - Two Key Factors 3.1 – Impact factors on HR strategy and practise 3.2 – Recommendations 3.3 – Conclusions 4.0 – Conclusion Appendix References Bibliography Concept Completing a PESTLE analysis in order to see
Premium Strategic management Human resource management SWOT analysis
PDVSA State Oil & Gas Company United Kingdom. Registered Sub Office: Avenue Liberation‚ Torre Estate Road Aberdeen‚postcode‚ PBD07P‚ Scotland‚United Kingdom Tel: +448719156661. Fax: +448719156667. Website: www.pdvsa.com E-mail: stateoil.gc@live.co.uk NEW JOB EMPLOYMENT OFFER‚ The State Oil and Gas Company of Scotland is interested to employ individuals who excel in their area of expertise in all areas of engineering‚ all other oil and gas related sector‚ Trading‚ Documentation/ Shipment
Premium Management United Kingdom Recruitment
Application of PESTLE analysis 1. Define the purpose of PESTLE analysis and spell out some of the main constituents of each factor. PESTLE analysis “Political‚ Economic‚ Social‚ Technological‚ Legal and Environmental analysis” is used to evaluate the many factors in the macro environment that will affect the decisions of managers in any organisation. It is normally carried out before a SWOT analysis which is applied for assessing an internal environment of a business (Panah‚ 2012). Government
Premium Minimum wage Tax PEST analysis
PESTLE analysis‚ which is sometimes referred as PEST analysis‚ is a concept in marketing principles. Moreover‚ this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service etc.PESTLE is a mnemonic which in its expanded form denotes P for Political‚ E for Economic‚ S for Social‚ T for Technological‚ L for Legal and E for Environmental. It gives a bird’s eye view of the whole environment from many different angles
Premium Environment PEST analysis Environmentalism
1. Introduction to the assignment and summary of the selected business. This assignment is about the factors that influences the business environment in different ways. This is about environmental analysis which is dynamic process that comprises scanning‚ monitoring‚ disseminating and forecasting. There are different factors which influences the business in 21st century. Somehow these factors have impact on the business in favour of the business and sometimes have an adverse
Premium Supply and demand Marketing Elasticity
determine the oil price in UK oil industry. The report also aims to provide how much and to what extent‚ Government policies influence oil prices in UK. Objective of the Assignment: This assignment has been prepared considering a number of objectives. The objectives are: * Identify and evaluate the factors that influence and determine the oil price in UK oil industry. * Understand how and to what extent UK government policies make an impact on the oil prices. * To show the analysis of the
Premium Peak oil Petroleum Futures contract
Program Development Peer-Reviewed A Case Study From the Oil & Gas Industry ulture can mean many things to many people. The word can be used to talk about the fine arts or social competence‚ as in‚ “She is certainly a cultured person.” It can describe social structures and practices that appear to be uniquely different‚ as in‚ “The Maori culture of New Zealand can be very intimidating to outsiders.” SH&E professionals talk about safety cultures‚ by which they mean the values‚ norms and practices
Premium Drilling rig Occupational safety and health
Module Name: Oil & Gas Management Module Code: POG210 Module Leader: James Milne Student Full Name: Desmond Guy Harvest Student ID: 31661 Resit Assignment Essay Abstract: The intention of this Essay is to examine about sufficient understanding BP‚ which is one of the biggest well known since 1908. However the saddest oil spill disaster has taken way the life of 11 BP Employees‚ but it also made an impact in the environment such as ecosystem‚ the ocean’s suffer from oil covering bodies‚ and
Premium Petroleum