Question: The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors. In this regard, describe how PESTEL framework can

The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors. In this regard, describe how PESTEL framework can be used to perform environmental scanning. (15 marks)

Step by Step Solution

★★★★★

3.53 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below PESTEL framework can be used to perform ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Management Leadership Questions!

Q:

Describe how a GSS can be used at your school or university.

Q:

Describe how business organizations can be found criminally responsible for their actions. What is the way such organizations are punished?

Q:

Describe how value investing can be refined by paying close attention to a company's financial statements.

Q:

Part A:Written Report Critical analysis with associated recommendations of a given financial accounting concept(s), issue(s), and/or problem(s) written and published in an accounting journal...

Q:

by Vicki Jayne / business excellence Built to Last How to fill performance gaps How do you build a strong performance ethic into your organisational culture? Vicki Jayne talks to two executives who...

Q:

A Case Study of the Navy ABSTRACT We present here a case study of an organization within the U.S. Navy that created a new organizational construct and performance management system. We explore the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

***READ THIS FIRST*** I need the questions for Part 1 AND Part 2 answered for this case study. The answers must be well-written, detailed, and must answer each question fully with examples from the...

Q:

Graph the (relative) probability density as a function of distance for an electron wave of energy 1.5 eV incident from the left on a barrier of height 1 eV. Continue your graph far enough in distance...

Q:

Diego Company paid $190,000 cash to acquire a group of items consisting of land appraised at $55,500 and a bullding appralsed at $166,500. Allocate total cost to these two assets and prepare an entry...

Q:

The city council passed a zoning law prohibiting any manufacturing Multiple Choice constitutional amendment. local ordinance. federal statute. state statute. federal administrative regulation.

Q:

Financing Analysis In order to launch the new gadget line, Acme is securing investor financing to cover the first year of fixed costs from private investors. A first private investor is willing to...

Q:

6. Using x =r cos 0, y = r sin 0 and using chain rule, prove that C-R euqations are equivalent to 1 1 Ur = -Ve, Vr = - - r The above pair of equations are the C-R equations in polar form.

Q:

11. Let f(z) = z3. For z1 = 1 and z2 y = 1 x joining z1 and z2 such that i, show that there do not exist any point c on the line f(21)-f(22) = f'(c) Z1-22 (Mean value theorem does not extend to...

Q:

The current spot price of a stock is $32.00, the expected rate of return of the stock is 6.9%, and the volatiity is 21%. The risk-free rate is 4.4%. Compute the price of a derivative whose payoff in...

Q:

this with the article, the name is HELOC, home equity loan interest rates are falling again. Is now the time for owners to act? Homeowners received some welcome news this week via falling home equity...

Q:

Successive plus and minus sights taken on a downhill line of levels are listed in Problems. The values represent the horizontal distances between the instrument and either the plus or minus sights....

Q:

A differential leveling loop began and closed on BM Tree (elevation 654.07 ft). The plus sight and minus sight distances were kept approximately equal. Readings (in feet) listed in the order taken...

Q:

Elevation (ft)860870880890900910 Area (ft2)137016602293295035504850

Q:

Read FAQ 10.5.1. Explain intuitively why conducting tests when you assume the relationship is linear is more powerful than if you have no linear assumption.

Q:

The monthly absolute estimate of global (land and ocean combined) temperature indexes (degrees C) in 2000 and 2001 (www.ncdc.noaa.gov/oa/climate/) are: (a) Graph the data and fit a regression line to...

Q:

The World Health Organization defines obesity in adults as having a body mass index (BMI) higher than 30. Of the 250 men in the study mentioned in Exercise 11-1, 23 are by this definition obese. How...