Tuesday, September 24, 2013

Third Entry : Company's External Environment

Assalamualaikum buddies,

what i have learn today?

Today we learn about the external environment of a company.

It contains 6 factor that would cause and effect a companies stability.

PESTEL Concept,

Political - tax policy, fiscal policy,  politic climate tariff and etc.

Economic - exchanges rate,unemployment rate, inflation rate and etc.

Sosiocultural - attitudes, cultural factors, lifestyles growth rate, age distribution and etc.

Technological - the pace of technology change and technical developments

Environmental - weather, climate changes and water shortages.

Legal/Regulatory - consumer law, labour law, minimum wage, occupational health and etc.


The 5 strongest Forces

Rivals/Substitutes/Suppliers/Buyers/New.


Easy To Enter, Hard To Maintain...

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