Question

Discuss the "PESTSs" associated with analyzing the international environment. Select an organization that you believe has...

Discuss the "PESTSs" associated with analyzing the international environment. Select an organization that you believe has successfully addressed "PESTs" and provide the rational for your selection.

Homework Answers

Answer #1

The organization that I have chosen for PESTLE analysis is General Electric because it is an MNC, headquartered in Boston and spread Worldwide

PESTLE of GE

  • Political factors
    • Government support for considerable digitization of industries
    • Government support for the paradigm shift towards renewable energy
    • The threat of entry of global investors
    • Government support for the protection of intellectual property, thus safeguarding GE’s competitive advantage
  • Economic factors
    • The economic growth of developing countries facilitates GE’s business
    • There has been an upward trend in the disposable income of citizens, thus probability of increase of GE’s business
  • Social Factors
    • The trend of people opting for green lifestyle favors GE’s macro-environment
    • Trend to adopt mobile technologies increases the opportunities of GE’s towards technological advancement
    • The shift towards renewable energy of consumers can pose as a threat to GE’s business
  • Technological Factors
    • Digital adoption of technologies facilitates GE’s technological advancement
    • Increasing trend of industries to opt for online mobile services opens a new opportunity for GE’s business
  • Environmental Factors
    • The declining oil reserves can pose a threat to GE’s business
    • There is an inclination of users towards use of recyclable material. This serves as an opportunity to GE’s business.
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