WiseLancer
  • Home
  • About
  • Marketing
  • Management
  • Business
  • SWOT & PESTLE 
  • Health
  • Travel
  • Romance
  • Cooking & Foods
Tag:

pestle

AstraZeneca PESTEL Analysis
BusinessCoronavirusHealthManagementMarketingSWOT & PESTLE TrendingWriting

PESTEL Analysis of AstraZeneca – Innovative Medicines Producer

by Shamsul June 10, 2022

PESTEL Analysis of AstraZeneca Plc

 

The PESTEL analysis is an excellent strategic planning tool to review the external business factors of an organization such as Political, Economic, Social, Technological, Environmental, and Legal. These factors affect the macro business environment of a company like AstraZeneca Plc. Let’s read the PESTEL analysis of AstraZeneca.

These factors can also impact the other players operating in the healthcare sector. A company like AstraZeneca Plc can take a competitive advantage in the market by analyzing these points. They are also helpful for boosting the overall level of profitability.

PESTEL analysis of AstraZeneca Plc provides complete information about current challenges present in the healthcare sector. The company is highly exposed to these challenges and competitors. For example, a profitable company can’t produce encouraging results in those regions where the political system and economic situation are unstable.

Without further wait, let’s start the PESTEL analysis of AstraZeneca Plc.

 

Political Factors | PESTEL Analysis of AstraZeneca

In determining the factors that can affect the long-term growth of AstraZeneca Plc, political factors like corruption level, political stability, and political framework can play a huge role. It is crucial to analyze the political factors of a specific country or market in which AstraZeneca Plc is operating. Currently, the healthcare company is operating in more than a dozen markets/countries, so it is open to different challenges and threats in the region. These systematic risks can disrupt the overall functioning of the company in a particular region. The following factors should be analyzed thoroughly before entering a new market,

  • Importance of political parties in the country and influence of these parties on the healthcare sector.
  • Political stability.
  • Risk of invasion from the military.
  • Corruption levels in the government departments, especially in the healthcare sector.
  • Interference of influence of government officers on healthcare business.
  • Legal proceedings regarding contract enforcement.
  • Tariffs, trade restrictions, and other limitations.
  • Protection of intellectual property rights by legal institutions.
  • Preferred trading countries and their political system.
  • Laws related to healthcare, especially antitrust laws.
  • Price wars and regulations in the country.
  • Tax rates.
  • Minimum wage and overtime legislation.
  • Working hours and timetable in the healthcare sector.
  • Employee benefits.
  • Safety regulations in the healthcare sector.
  • Labeling of products and related requirements.
 

Economic Factors | PESTEL Analysis of AstraZeneca

The impact of economic factors is also big on the company. There are several risks associated such as inflation rate, foreign exchange, savings rate, and interest rate. These factors determine the average investment and average demand in a country or business environment. Economic factors also increase competition in the market. AstraZeneca Plc can exploit different economic indicators like purchasing power of consumers, growth rate, and others for determining the economic growth of the company in a specific region, market, or country. Here are some vital economic factors that must be analyzed,

  • Type of financial and economic system in the specific country or region.
  • Economic stability.
  • The intervention of government.
  • Stability of currency and exchange rates.
  • The efficiency of economic markets in the country.
  • Infrastructure standard.
  • The competence level of employees.
  • Comparative advantages.
  • Literacy level in the country.
  • Overall productivity and labor costs.
  • Economic recession.
  • Interest rates.
  • Inflation.
  • Economic growth.
  • Unemployment rate.
 

Social Factors | PESTEL Analysis of AstraZeneca

The way of doing things and overall culture of the society can also upset the business operations of AstraZeneca Plc in a particular country. People’s leisure interests, attitudes, and beliefs also have a huge impact on the business. AstraZeneca Plc must understand the market dynamics by analyzing the behavior of customers or demographics in the region also. Being a healthcare company, AstraZeneca Plc should review the given social factors,

  • Skill level of people.
  • Demographics.
  • Power composition, hierarchy, and class structure in the country or society.
  • Education level of people.
  • Culture such as social conventions and gender roles.
  • Entrepreneurial skills.
  • Attitudes toward environmental consciousness and health.
  • Leisure interests.
 

Technological Factors | PESTEL Analysis of AstraZeneca

It is slightly difficult for companies to stay technological advance all the time. Technology is an ever-evolving thing and it requires a lot of investment. We are taking the example of transportation here. It has been growing with the passage of time and several transportation services such as Uber and Lyft have disrupted the business of common taxi business.

Indeed, every company is moving towards automation and there is a lot of scope in the healthcare segment for new technology and automation. This fast-changing technology can affect the business of AstraZeneca Plc in the long run. By exploiting the latest technologies, AstraZeneca Plc can take a competitive lead and can also make its business profitable. Below, we have curated imperative technological factors,

  • Latest technological advancements by the competitors of AstraZeneca Plc.
  • Product offering and impact of technology on this factor.
  • Cost structure and impact of technology on it.
  • Value chain structure and impact of technology on it.
  • Technological diffusion rate.
 

Environmental Factors | PESTEL Analysis of AstraZeneca

Every country has specific norms and environmental standards. Today, people are highly conscious of environmental factors. Any violation of climate laws can impact the revenue stream and overall reputation of the organization in the market. Being an international healthcare company, AstraZeneca Plc should evaluate the liability and environmental laws of every country in order to run the business smoothly. Many countries are giving a tax break to companies that produce renewable energy sources.

Before launching a new business in the market or venturing into any market, AstraZeneca Plc must scan the environmental standards, needed to run the business in that country. Some of the standards that AstraZeneca Plc should study,

  • Climate change.
  • Renewable energy sources.
  • Recycling.
  • Weather.
  • Air pollution.
  • Water pollution.
  • Laws regarding environmental pollution.
  • Waste management, especially in healthcare.
  • Attitudes toward eco-friendly and greener products.
 

Legal Factors | PESTEL Analysis of AstraZeneca

In numerous countries, the legal institutions and frameworks are not so influential. So, protecting intellectual property rights, copyrights, and patents is not easy in those countries. Companies like AstraZeneca Plc must review these factors carefully in order to run their business operations smoothly. By evaluating such factors, a company can enhance its competitiveness as well as profitability in the market. The managers at AstraZeneca Plc should consider the following legal factors before entering a new region,

  • Data protection.
  • Employment laws.
  • Safety and health laws.
  • Copyrights.
  • Consumer protection.
  • E-commerce.
  • Antitrust laws.
  • Discrimination laws.
 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

SWOT Analysis of Berkshire Hathaway

SWOT Analysis of UnitedHealth Group and Insurance Company

PESTEL Analysis of AmerisourceBergen Corporation – A Leading Healthcare Company

June 10, 2022 0 comment
0 FacebookTwitterPinterestEmail
PESTLE Analysis of Google
BusinessManagementMarketingSWOT & PESTLE Writing

PESTLE Analysis of Alphabet (Google)

by Shamsul June 5, 2022

PESTLE Analysis of Alphabet (Google)

 

Alphabet Inc. is an American multinational tech conglomerate holding company. It is a parent organization of Google. The structure of Alphabet is similar to Berkshire Hathaway of Warren Buffett. It trades with two ticker symbols such as GOOG and GOOGL. Alphabet has numerous subsidiaries that work in a range of businesses. In this post, we will do PESTLE Analysis of Alphabet (Google) for our learning.

The main business of Alphabet is the Google search engine which is one of the most popular search engines in the world. Baidu, Bing, Yahoo, and Microsoft are some of its main competitors of Google. The overall business of Google is highly profitable.

The major source of income of the company is heavily dependent on advertising. These ads appear on websites and their searches. The company is also making revenue from ecommerce business. Over the years, Alphabet has acquired several companies and startups. They have been working on self-driving car technology and robotics.

Several external business factors highly influence the overall business performance of Google. So, this is the right time to see how these factors can impact the business performance of this tech giant. To analyze these external factors, we will conduct its PESTLE analysis that mainly identifies political, economic, social, technological, legal, and environmental factors.

 

Political Factors | PESTLE Analysis of Alphabet (Google)

According to some famous critics, Google is just a monopoly. Because of this, Google has faced several anti-trust actions in different countries, especially in Europe. The company must improve its way of conducting searches. It is also a significant concern that Google has so much control over searches. Several critics have made accusations against Google for influencing the results of elections. This thing could create political pressure on the company in the future.

Like other American companies, Google also keeps its cash in different international countries in order to avoid income taxes imposed by the American government. Nationalists pressure the government to force these companies to bring back their money to the country. It can cut the free cash flow of Google. As a result, Google has to make expensive international acquisitions for its growth.

On the other hand, Google is not actively present in some areas or markets of the world such as China. These markets can be proved beneficial for its revenue and long-term growth. They are not present in these markets due to political tensions. In short, it could limit its future expansion.

 

Economic Factors | PESTLE Analysis of Alphabet (Google)

There is speculation that the company has gathered a considerable sum of cash, which makes it highly exposed to inflation. If the currency’s value fluctuates, it can disturb the company’s worth in the market. Moreover, the Alphabet company keeps most of its cash in overseas accounts, so it can also face exchange rate problems. If the dollar goes strong, then it could impact the worth of Google because of the exchange rates. However, the company can also face trouble if the dollar goes downward. Alphabet is highly vulnerable to stock price, and if anything happens with the stock market, then the company can reduce its market share as well as capitalization.

 

Social Factors | PESTLE Analysis of Alphabet (Google)

Several social factors can affect the business and performance of Alphabet. Here we have mentioned some important ones,

  • The usage of traditional desktop computers and laptops is decreasing day by day. They are the main means of using Google services. According to a report, most of the searches are made through smartphones these days. This change in using patterns can impact the company’s value in the long run.
  • Competitors like Facebook, Amazon, and other social media platforms have reduced the usage of the Google search engine because they are providing better services and information to consumers. They offer their services with better streaming, money transfer, shopping, and search features.
  • When it comes to shopping searches, Amazon has almost beat Google. The company failed to translate its business in conventional search to other sectors. In short, Amazon is the only leader for online shoppers. According to stats, nearly 30 percent of shoppers begin their shopping searches from Amazon. It is challenging for Google to make money from this sector.
  • The huge decline in media and TV networks is allowing several streaming platforms to enhance their apps in order to give tough competition to YouTube. Netflix, Disney+, and Amazon are leading when it comes to online streaming platforms. They are providing paid services to users so that they can get access.
  • Many people and companies think that Google is very powerful and sinister. Just because of this purpose, many people are avoiding Google and using alternatives such as Duck Duck Go, Baidu, and Yahoo.
 

Technological Factors | PESTLE Analysis of Alphabet (Google)

  • These days, people love to use mobile devices such as smartphones. They access the internet from their mobile devices. Apple’s search engine is the only competitor of Google search engine Its use is increasing with the passage of time.
  • Competitors like Microsoft and Amazon have developed useful search algorithms to give tough competition to Google. Plus, they are dominating in different sectors such as Amazon is leading the search engine chart in online shopping. There is a chance that any competitor can develop a better search algorithm that can beat Google in the future.
  • Nowadays, you can send messages, videos, audio, images, and even streaming videos through several apps like WhatsApp, Messenger, and WeChat. Some of these apps are also able to make transactions. This thing can limit the use of Google’s products that are not desktop-based.
  • Several social media apps are available for users with better features and tech tools. You can find so many alternatives to Google’s services or products with utmost ease.
  • In order to ditch search engines, many organizations have developed useful apps that enable users to get a plethora of information and news. Shopping apps are one of the biggest examples in this regard.
 

Legal Factors | PESTLE Analysis of Alphabet (Google)

  • Google is heavily growing its business in complex fields such as automobiles, robotics, finance, telecommunications, and insurance. Each field holds specific restrictions. This could limit the business operation of the company.
  • The company is highly exposed to legal and liability costs because of its venturing into different fields such as insurance and finance. They are further increasing their business which is not a good idea right now.
  • The successful anti-trust action can give an upswing to similar struggles, especially in Europe. This would cost expensive litigation.
  • There are so many big insurance companies in the industry that will try their best to keep the company out of the zone. As a result, Google can face legal proceedings and legal costs. This will ultimately reduce the expansion of Alphabet.
  • Plenty of businesses and brands are working under the umbrella of Alphabet. So, they need to spend a huge amount of money for protecting their patents and ownership.
 

Environmental Factors | PESTLE Analysis of Alphabet (Google)

The company’s overall business model is majorly dependent on internet infrastructure and data centers and electricity. Nowadays, people are conscious of climate change and green power. The increasing pressure of using greener energy can increase the operational costs of Google. As a result, they will not be able to provide free services as they used to do in the past. By exploiting green energy and ethical practices, Google can increase its market share and annual revenue as well.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

Read More:

PESTEL Analysis of AmerisourceBergen Corporation – A Leading Healthcare Company

SWOT Analysis of ExxonMobil – Energy Lives Here

SWOT or PESTLE Analysis | Which is Useful for Business

June 5, 2022 0 comment
0 FacebookTwitterPinterestEmail
McKesson PESTEL Analysis
BusinessManagementMarketingSWOT & PESTLE Writing

PESTEL Analysis of McKesson Corporation

by Shamsul June 5, 2022

PESTEL Analysis of McKesson Corporation

 

To analyze the external business environment of McKesson, PESTEL is one of the most valuable and proven tools that help to recognize political, economic, social, technological, environmental, and legal factors. These are crucial business factors that can impact the working system as well as the revenue flow of a company like McKesson. So, managers at McKesson should exploit this tool to identify potential opportunities and threats. Let’s workout on the PESTEL Analysis of McKesson Corporation.

McKesson Corporation is one of the leading American distributors of pharmaceuticals and health information technology. Certainly, it provides care management tools and medical supplies. The impact of PESTEL factors is not only on McKesson but also on the other market companies. Conducting a PESTEL analysis will give you an idea of how to boost profitability by reducing hurdles. PESTEL also provides clear information about current market challenges that McKesson is going to face in the future.

A highly stable political and economic environment is ideal for the ultimate growth of companies like McKesson. There are so many other advantages of performing a PESTLE analysis of your company that you can read below.

 

Political Factors | PESTEL Analysis of McKesson Corporation

Different countries have different political systems. Some countries have stable political systems and few have unstable governments. An unstable political system brings so many dangers and risks for foreign companies like McKesson. They can hurt the company’s long-term profitability in a matter of seconds. Being an international firm, McKesson is highly vulnerable to political risks. To gain a competitive advantage in any country, McKesson should assess the given political factors,

  • Product labeling.
  • Risk of invasion from other political parties or military.
  • Political system in the country.
  • Preferred trading partners.
  • Incentives and taxation.
  • Safety regulations.
  • Legal infrastructure.
  • Antitrust laws.
  • Intellectual property protection.
  • Overall corruption level in the country, especially in drug wholesale.
  • Tariffs and trade limitations.
  • Pricing limitations.
  • Necessary employee benefits.
 

Economic Factors | PESTEL Analysis of McKesson Corporation

PESTEL efficiently identifies the economic factors of an organization. Some important economic factors like inflation and foreign exchange rates can instantly destroy the business and its profitability. They help to decide companies like McKesson whether this country is ideal for investment or not. It also helps to uncover important economic factors like growth rate and interest rates necessary for a company’s smooth working. Keep reading to check some vital economic factors that McKesson must identify,

  • Interest rates.
  • Economic growth.
  • Discretionary income.
  • Quality infrastructure.
  • Efficiency and labor costs.
  • Recession.
  • Recovery rate.
  • Type of economic infrastructure in the country.
  • Intervention from the government in the drug whole sector.
  • Comparative benefits.
  • Stability of economic or financial system in the country.
  • Skill level of employees.
 

Social Factors | PESTEL Analysis of McKesson Corporation

Social norms and the overall culture of the society plays a major role in defining the success of any company. In 21st century, people still buy those products based on their beliefs and attitudes. McKesson needs to design a specific business strategy that works in different societies and cultures without creating further challenges. In PESTEL, managers must uncover the following social factors before entering a new market,

  • Leisure interests.
  • Gender roles.
  • Social convention.
  • Culture.
  • Attitude toward health.
  • Attitude toward the environment.
  • Overall education level in the country.
  • Entrepreneurial spirit.
  • Skill level of people.
  • Demographics.
 

Technological Factors | PESTEL Analysis of McKesson Corporation

Indeed, for better working and running a business in a smooth way, it is necessary for McKesson to adopt the latest technologies. So, the organization can increase its revenue flow and business by working with advanced technology. Every company is updating its technological infrastructure in order to take competitiveness in the industry. McKesson must analyze the following technological factors,

  • Latest technological advancements made by companies.
  • Impact of technology on product development and current offerings.
  • Diffusion of technology.
  • Technology’s impact on cost structure.
  • Impact on value chain system.
 

Environmental Factors | PESTEL Analysis of McKesson Corporation

These days, everyone is highly concerned about the environment. The government is imposing strict environmental laws on companies in order to reduce carbon footprint and emission rate. Companies like McKesson must evaluate the country’s environmental regulations before operating in it. McKesson is highly exposed to environmental and liability laws. Before conducting the PESTEL analysis of McKesson, you should evaluate the following environmental factors,

  • Environmental change.
  • Overall weather.
  • Laws regarding pollution.
  • Air, water, and environmental pollution.
  • Recycling.
  • People’s attitude toward eco-friendly and green products.
  • Efforts in making renewable energy sources.
  • Waste management especially in drug wholesale.
  • Endangered species.
 

Legal Factors | PESTEL Analysis of McKesson Corporation

There are so many countries in the world that have different legal infrastructures. The legal institutions are not so influential in these countries. This thing makes these countries highly unfavorable for doing business. A company like McKesson Corporation should wisely analyze important legal factors before starting working in these countries. Here are some vital legal factors that McKesson must take into account,

  • Health laws.
  • Safety laws.
  • Data protection.
  • Copyright and intellectual property law.
  • Employment laws.
  • Anti-trust laws, especially in the healthcare industry.
  • Discrimination laws.
  • Online platforms and consumer rights.

 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

Read More:

SWOT Analysis of ExxonMobil – Energy Lives Here

Do Personal SWOT Analysis to Make your Life Actionable, Simple and Clear

SWOT or PESTLE Analysis | Which is Useful for Business

June 5, 2022 0 comment
0 FacebookTwitterPinterestEmail
PESTEL analysis of AmerisourceBergen
BusinessManagementMarketingSWOT & PESTLE Writing

PESTEL Analysis of AmerisourceBergen Corporation – A Leading Healthcare Company

by Shamsul May 31, 2022

PESTEL Analysis of AmerisourceBergen Corporation

 

PESTEL is a great strategic planning tool that mainly targets the external business factors of a company. It stands for political, economic, social, technological, environmental, and legal factors. These factors can influence the business and performance of AmerisourceBergen in both positive and negative ways. The impact of these factors is huge on AmerisourceBergen. Moreover, they can also effect the working of other companies in the drug wholesale industry. Let’s ready the PESTEL analysis of AmerisourceBergen Corporation.

Organizations like AmerisourceBergen can use this tool to shape their business strategy to take market competitiveness. This tool also helps to identify the operating challenges present in the market. For example, if a company is operating in an unstable economic environment, then it can’t take the required boost. But, if it is working in a regular economic cycle, it can achieve both short and long-term objectives.

Let’s start with the PESTEL analysis of AmerisourceBergen Corporation.

 

Political Factors | PESTEL Analysis of AmerisourceBergen Corporation

The impact of the political factor on the profitability and long-term goal of AmerisourceBergen is huge. It is a defining factor for the company’s overall image and its working. However, political stability is necessary for achieving long-term objectives without any tension in any market. Being a drug wholesaler, it is crucial for AmerisourceBergen to follow all the governmental rules and regulations being neutral. Involvement with any political party or pressure group can down the image of AmerisourceBergen in the eyes of people. Moreover, there are hundreds of political factors that can highly disrupt the performance of AmerisourceBergen. Before venturing into a new market, the organization should analyze its political system and political stability.

Here, we have listed down some important political factors that AmerisourceBergen should carefully analyze,

  • Value of drugs whole companies in the country and government and political stability.
  • Influence of army and risk of invasion.
  • Corruption level in both government and private sectors.
  • Role of bureaucracy and its efficiency.
  • Legal infrastructure for agreements and smooth working.
  • Tariffs, trade regulations, and other related factors.
  • IPR (Intellectual Property Rights).
  • Suitable business or trading partners.
  • Antitrust laws about drugs wholesale.
  • Pricing strategy, is there any pricing mechanism in the country?
  • Incentives, tax rates, and taxation.
  • Wage levels and legislation, overtime, and minimum wage.
  • Working hours.
  • Employee benefits.
  • Rules regarding industrial safety.
  • Labeling of products and other similar requirements.

 

Economic Factors | PESTEL Analysis of AmerisourceBergen Corporation

The impact of economic factors is also very grave on the overall working of AmerisourceBergen. There are numerous economic factors such as foreign exchange rate, inflation, savings rate, etc. They determine the actual growth and expansion of AmerisourceBergen. If anything happens with the economy of the country, then it will create a negative impact on the company. It is imperative for AmerisourceBergen to analyze different economic aspects like the growth rate and GDP of the country before entering. Below, we have mentioned some vital economic factors that the firm should take into consideration,

  • What kind of economic system the country follows in which you are operating?
  • Check the stability of the economic system in the country.
  • Check the level of government intervention.
  • The efficiency of the economy, especially in the drug wholesale sector.
  • Quality infrastructure in the drug’s whole market.
  • Comparative Benefits of the country.
  • The competence level of workers, particularly in drug wholesale.
  • Literacy level in the country.
  • Productivity and labor costs.
  • Business cycle.
  • Interest rates.
  • Inflation.
  • Economic growth rate.
  • Unemployment level.
  • Flexible income.
 

Social Factors | PESTEL Analysis of AmerisourceBergen Corporation

People’s behavior towards a brand or product is another important thing that can change the way of doing business for AmerisourceBergen in the country. Still, in some regions, people prefer services or products on the basis of their attitudes and beliefs. AmerisourceBergen should analyze people’s behavior and norms before starting its business in any country. The following are some most important social factors that AmerisourceBergen must consider,

  • Skill level of people and demographics.
  • The power structure, class structure, and hierarchy in the country.
  • Standard of education and level of education.
  • Culture such as social conventions and gender roles.
  • Entrepreneurial skills and overall business nature of the society.
  • Attitudes towards environment and health.
  • Leisure preferences.
 

Technological Factors | PESTEL Analysis of AmerisourceBergen Corporation

It is hard to stay up-to-date all the time because technology is an ever-evolving thing. Indeed, for some companies, technology can create all the differences in different sectors. It is a digital era and AmerisourceBergen should exploit the latest technology to take a competitive edge over competitors. There are so many established players in the market that have taken advantage of technology to enhance their profitability and revenue stream. Every company is moving toward automation. So, AmerisourceBergen should conduct its technical analysis to identify where it needs improvement. By taking benefit of the latest technologies, the company can give tough competition to others. AmerisourceBergen should involve the following technological factors in its analysis.

  • Recent technological advancement,especially by the competitors.
  • Impact of technology on product offerings.
  • The Impact of technology on cost system, especially in drug wholesale.
  • Impact on value chain system.
  • The diffusion rate of technology.
 

Environmental Factors | PESTEL Analysis of AmerisourceBergen Corporation

Environmental factors change in different countries or markets. Some countries have different environmental norms according to their weather pattern. Nowadays, environmental factors can hurt the business case of not following climate change agreement. Moreover, there are several liability laws and environmental laws that can create serious trouble for AmerisourceBergen. Before venturing into a new market, the firm should evaluate its environmental standards in order to avoid any legal action or hatred from people.

  • Climate change.
  • Weather patterns.
  • Recycling.
  • Laws regarding pollution.
  • Water and air pollution, particularly in the drug wholesale sector.
  • Renewable energy sources.
  • Endangered species.
  • Waste management.
  • Attitude towards eco-friendly and greener products.
 

Legal Factors | PESTEL Analysis of AmerisourceBergen Corporation

In some regions, legal frameworks and organizations are not so powerful to protect the IPR of the company. However, it would be a challenge for AmerisourceBergen to enter such markets and work in. In case of violation, the company can face lawsuits and legal actions that are not good for the reputation of AmerisourceBergen. Consider the following factors before entering new markets,

  • Antitrust laws.
  • Data protection laws.
  • Safety and health laws.
  • Ecommerce and customer protection.
  • Employment level and laws.
  • Discrimination laws.
  • Intellectual property law, copyrights, patents.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More

SWOT Analysis of ExxonMobil – Energy Lives Here

Do Personal SWOT Analysis to Make your Life Actionable, Simple and Clear

SWOT or PESTLE Analysis | Which is Useful for Business

May 31, 2022 6 comments
0 FacebookTwitterPinterestEmail
SWOT and PESTLE
Better TipsBusinessManagementMarketingSWOT & PESTLE TrendingWriting

When to Use SWOT and PESTLE Analysis?

by Shamsul May 25, 2022

When to Use SWOT and PESTLE Analysis?

 

When starting or running a business, project, or company, it is crucial to know about those factors that can impact them. Internal and external factors are highly vital in this process. There is no shortage of strategic planning tools. From SWOT to PESTLE, you can use any tool to learn about your business. However, both these tools are used frequently for strategy planning. When to use SWOT and PESTLE Analysis? Here is our brief answer for our readers.

 

What is SWOT?

SWOT stands for strengths, weaknesses, opportunities, and threats.

Strengths:

It represents those advantages that you have over other companies or businesses.

Weaknesses:

It represents disadvantages of your company when compared with others.

Opportunities:

This represents external trends that you can utilize to leverage your company.

Threats:

It represents external negative points that can create problems for your business. They affect your business negatively.

In SWOT, weaknesses are also considered liabilities. By conducting SWOT analysis, you can find out those internal and external factors that can work for or against you. The biggest advantage of SWOT is that it also highlights external factors of your business or project, which could create a huge difference in the failure or success of your business. It is very easy to create and conduct a SWOT analysis.

By exploiting all the resources and information, you can conduct SWOT analysis and run your business successfully. It helps to uncover specific problems that you can mitigate easily. It would be great for you and your business to use a SWOT analysis with your team members. In this regard, brainstorming could help you as it allows you to gather relevant factors for each section of SWOT analysis.

 

SWOT and PESTLE Analysis

What is PESTLE?

Before starting or launching a new business or project, you should conduct thorough market research. If you find it a difficult task, then PESTLE analysis is here to help you.

Political:

Political factors like regulations, the influence of a political party, global issues, laws, and legislations have huge impacts on your company. They are very serious factors that you must take into consideration.

Economic:

Economic factors like stock markets, customer confidence, taxes, inflation, and interest rates are crucial to evaluate.

Social:

Any changes in purchasing trends, lifestyle, norms, publicity, media, events, and advertising fall in this category.

Technological:

The impact of the latest technology on your business, existing technology infrastructure, manufacturing, communications, licensing, and other similar factors are technological factors.

Legal:

Any potential changes in legislation, foreign trade policy, or everything in between can affect your company’s business performance.

Environmental:

Whether local or global, environmental issues like climate change, waste management, carbon emission, and pollution are considered as environmental factors.

Unlike SWOT analysis, PESTLE analysis mainly focuses on external businesses that are outside of your control. The above-mentioned factors of PESTLE affect the business and can decrease your business growth. However, it also aids in finding new growth opportunities.

Comparison Between SWOT and PESTLE Analysis:

There is no doubt about it that both methods are widely used for strategic planning. They are highly useful for giving complete insight to run your business efficiently. So, comparing them will not be a great way.

There is one disadvantage of PESTLE. It doesn’t analyze the internal factors of your project. It just only analyses the external factors of your business. So, if you want to fully analyze your business, you must take the help of SWOT analysis.

On the other hand, SWOT analysis equally analyses your business’s internal and external factors. Strengths and weaknesses are internal factors, whereas opportunities and threats are external factors in a SWOT analysis. So, it provides a deep and detailed analysis of your company.

 

Working as a Team for the Success of a Business:

If you are conducting a SWOT or PESTLE analysis, but your team is not in the same room, then it would be difficult to collect information and brainstorm. There is a chance that you will miss important factors. This thing is not ideal for your project or business. It is imperative to work as a unit or team and collaborate with each other. The leader of the project can draw PESTLE or SWOT diagram to make things easier. Collaborate with relevant departments or people to get the right and correct information. In this way, you can reduce the chance of error.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

SWOT ANALYSIS OF GAP | CLOTHING AND ACCESSORIES FASHION BRAND

PESTLE ANALYSIS OF PAKISTAN

Mergers and Acquisitions

May 25, 2022 7 comments
0 FacebookTwitterPinterestEmail
SWOT or PESTLE
Better TipsBusinessManagementMarketingSWOT & PESTLE TrendingWriting

SWOT or PESTLE Analysis | Which is Useful for Business

by Shamsul May 25, 2022

SWOT or PESTLE Analysis | Which is Useful for Business

 

A SWOT or PESTLE analysis is useful for both new startups and established businesses to know in which direction your business is going or will go. They are also helpful in knowing whether your business plan is feasible or not. A SWOT or PESTLE analysis can also help you make suitable decisions for your business and identify your goal’s advantages and disadvantages. Both analyses can be applied to both small and big businesses or projects to uncover the potential failure or success areas. Is it essential to conduct a SWOT or PESTLE analysis? Honestly speaking, it depends on your business and business operations type.

This article will cover some essential factors about a SWOT or PESTLE analysis and how they can be helpful for your business and ambition.

 

What is the Difference Between a SWOT or PESTLE Analysis?

A SWOT analysis mainly focuses on your business environment’s internal actions or operations. A PESTLE analysis mainly focuses on the external processes of your business environment. You can manage your strengths, weaknesses, opportunities, and threats through SWOT analysis, while PESTLE political, economic, social, technological, legal, and environmental factors are outside your authority.

 

What is a SWOT Analysis?

A SWOT analysis mainly highlights four important factors,

  1. Strengths – What are your business strengths or what do you have better than your competitors?
  2. Weaknesses – What are your weaknesses or where do you have to make improvements?
  3. Opportunities – What are your strengths or what factors you can exploit to enhance your business?
  4. Weaknesses – What are your weaknesses or what factors could hurt your business?

Strengths – SWOT Analysis

  1. What are the important factors that your business is doing better than others?
  2. What are the business advantages do you have over your competitors?
  3. What unique resources do you have over others?
  4. What characteristics or features separate you from businesses?
  5. What is your USP (Unique Selling Point)?
  6. Do you have innovative technology, investment, intellectual property, or capital?
  7. What major factors make you the right man for your business?

Weaknesses – SWOT Analysis

  1. What areas are your weaker points or does your business need improvement?
  2. Are your rival companies or business better than you at different things?
  3. What potential resources do you need?
  4. What are the factors that you should avoid?
  5. What products or services would make you a loser?
  6. Are you fulfilling the needs of your target audience?

Opportunities – SWOT Analysis

  1. What markets can give your business a much-needed boost?
  2. How huge is your total addressable market (TAM)?
  3. What are the newest market trends you should exploit to leverage your business?
  4. What technologies can give your company an upper hand over others?
  5. Who are your major competitors?
  6. Does your business need a special boost?

Threats – SWOT Analysis

  1. Find out the emerging companies that can hurt your business.
  2. Does your competitor have the potential to penetrate the same market you are operating in?
  3. Find out the negative social trends that can impact your business.
  4. What hurdles can you face?
  5. What is your current financial condition?
  6. Could your weaknesses turn into a big threat?

Key Takeaways – SWOT Analysis

A SWOT is one of the most useful processes that help to identify your business strengths, weaknesses, opportunities, and threats. It is a simple method to analyze the internal business factors. By utilizing SWOT, you can build effective strategies for your business that will help you enhance your strengths, reduce weaknesses, increase your opportunities, and terminate your threats.

 

What is PESTLE analysis?

A PESTLE analysis mainly highlights six factors that are outside of your business.

  1. Political – How can/will the present political condition of your country impact your company? Will a specific political party in your country impact your business growth?
  2. Economic – Will financial problems and economic condition of your country or the country in which you are operating affect your company or business?
  3. Social – What social trends, cultures, demographics, lifestyles, or opinions could hurt your business growth?
  4. Technological – Could the latest technology disrupt your whole business operations? Could your current technological infrastructure work for you?
  5. Legal – Could new laws, policies, rules, or regulations affect your work?
  6. Environmental – Could environmental issues like pollution, waste management, and climate change impact your manufacturing ability?
 

Political – PESTLE Analysis

  1. Which strategies of government assistance or impede your business?
  2. What initiatives, grants, or tax refunds that you could take advantage of?
  3. Is political instability a big threat for your business?
  4. Will the international trade policy favorable for you?
  5. What will be the impact of current tax legislation on your business?
  6. Are climate laws posed any threat for your business?

Economic – PESTLE Analysis

  1. Is the current financial situation a big concern for you?
  2. What is the exchange rate or how it could impact you?
  3. Will interest rates impact your economic status?
  4. What is disposable income? How it could affect you and your target audience?
  5. Can your loyal customers have enough money to buy your products?
  6. How change in tax rules can hurt your performance?

Social – PESTLE Analysis

  1. What is your target audience or what demographic are you directing?
  2. What is the population growth rate in the country?
  3. What are the latest social trends people are following?
  4. What is the purchasing power of your target customers?
  5. What message do you want to convey to your audience?
  6. What are the similar businesses and competitors affecting your growth?

Technological – PESTLE Analysis

  1. What kind of IT infrastructure do you require to finish the project?
  2. Do the latest innovations in internet connectivity hinder or benefit you?
  3. Will automation or artificial intelligence impact your business?
  4. What type of security infrastructure do you want to protect your processes or IP?
  5. Is it possible to counterfeit your products or technology?

Legal – PESTLE Analysis

  1. Does the legal framework of your country similar to the other countries?
  2. What are the safety standards you have to follow?
  3. Is it possible to patent your product?
  4. Could you protect your unique selling proposition by copyrighting your product, logo, or brand?
  5. What labor laws can impact your operations?
  6. Is it essential to follow safety and health laws?

Environmental – PESTLE Analysis

  1. What is your company’s carbon emission rate?
  2. Can manufacturing be finished proficiently?
  3. How can climate change affect your business?
  4. Should you promote sustainability and positive business ethics?
  5. Can you counterbalance your carbon footprint?
  6. How can you reduce emission rate by increasing sustainability?
  7. Will the shortage of raw materials affect your business?

Key Takeaways – PESTLE Analysis

A PESTLE analysis helps to analyze or identify the external business environment. It is a great method to enhance your competency by evaluating all the factors. In short, a company can take a competitive advantage over others by conducting this analysis.

 

Final Thoughts:

Both SWOT and PESTLE analysis are somehow interlinked. If you are conducting a SWOT analysis, you should pay attention to the PESTLE. Opportunities and threats are external factors in a SWOT analysis, and PESTLE helps identify external business factors. But, both methods help build a solid strategy. It is a useful strategic tool for marketing, businesses or sales.

Conduct a SWOT or PESTLE analysis to understand the market dynamics, demographic trends, and your competitors. In short, you can have complete insight into the market and customers. It is important to be meticulous and realistic when conducting a SWOT or PESTLE analysis.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

NETFLIX SWOT ANALYSIS | SWOT ANALYSIS OF NETFLIX

SMART GOALS FOR SUCCESS TO SET TODAY

TOP 20 TRENDING TECHNOLOGY TO EARN A GREAT FORTUNE

May 25, 2022 6 comments
0 FacebookTwitterPinterestEmail
Pakistan PESTLE Analysis
BusinessManagementMarketingSWOT & PESTLE Writing

PESTLE Analysis of Pakistan

by Shamsul May 6, 2022

PESTLE Analysis of Pakistan

 

Pakistan is a South Asian country that shares borders with India, China, Afghanistan, the Arabian Sea, the Gulf of Oman, and Iran. The capital city of the Islamic Republic of Pakistan is Islamabad. Karachi is one of the largest cities in the country. The total area of Pakistan is 881,913 km2, and its population is 220.9 million (2020). In terms of area and size, it is the 33rd largest country in the world. After Indonesia, Pakistan is the 2nd largest Muslim country in terms of population. Let’s read the PESTLE analysis of Pakistan.

Pakistan is a home to various ancient civilizations, such as the Indus Valley civilization. It is one of the most prominent civilizations in the world. Different invaders, conquerors, and rulers occupied Pakistan in history. The British Empire was the last invaders. In 1947, the British Empire divided the sub-continent. As a result, Pakistan gained independence on Aug 14, 1947.

In this article, we will discuss the PESTLE analysis of Pakistan. Thus strategic management tool will help to identify macro-environmental factors such as political, economic, social, technological, legal, and environmental. So, let’s begin!

Political Factors | PESTLE Analysis of Pakistan

  • Political or Government System:

In Pakistan, the government follows the Federal Parliamentary Democratic System of Government. The role of Prime Minister is huge when it comes to running the government and administration. The power of the President is not so significant. Pakistan politics are crowded with big names like PML (N), PTI, PPP, ANP, MQM, and more when it comes to political parties. It is important to quote that the country’s military has a strong impact on politics. No party can get power without the consent of military generals. According to some critics, the military’s role in the country’s politics is not good for the country’s growth.

  • Diplomatic Relations:

In general, the country has established strong relations with other countries, including the two giants such as the USA and China. But, its friendship with China is proof that it gives importance to neighboring countries. It is an unbreakable and rock-solid connection. On the other hand, its only rival of Pakistan is India.

  • Conflict with India:

India is one of the fastest-growing and developing countries after China. Moreover, Pakistan’s conflict with India over some major issues is really concerning. The conflict is due to the LoC, water, border, and Kashmir. But, the culture, language, and history of both countries are almost the same. If both countries collaborate with each other, no one can stop them to make fast progress.

  • Political Instability and Corruption:

The main problem in Pakistan is the high level of corruption. According to the rankings of Transparency International, Pakistan is one of the most corrupt countries in the world. The political history of Pakistan is not so good. The political instability has damaged the country’s image and economic condition. Protests, extremist groups, strikes, political assassinations, and other factors have destabilized the country’s political system.

 

Economic Factors | PESTLE Analysis of Pakistan

  • Gross Domestic Product:

In 2021, the annual GDP of Pakistan was 264 billion dollars. Its per capita income was 1321.3 dollars in 2021. On the other hand, the country is trying to become one of the top economies by 2047.

  • Foreign Direct Investment:

FDI is very crucial for the economy of the country. When it comes to investors, China is one of the largest investors in Pakistan. Other countries like the USA, South Korea, Japan, the UK, and Hong Kong are also investing in the country. The country can attract more foreign investments by increasing the domestic consumption level. For this reason, the company should enhance local spending power.

  • Economic Challenges:

Instability, inconsistency, corruption in government, personal political strategies, bad law enforcement policies, and an unfriendly business environment have created so many difficulties for the country. These challenges are hurting the economic condition of the country and preventing foreign investors from investing in Pakistan.

  • Imports and Exports:

Crude oil, gas, palm oil, refined petroleum, and other similar products are the top imports of Pakistan. They import these things from China, UAE, Japan, Saudi Arabia, and Indonesia. House linen, non-knit women’s suits and men’s dress, and pure cotton are Pakistan’s top exports. The country exports these things to Germany, the USA, Afghanistan, China, and the UK.

 

Social Factors | PESTLE Analysis of Pakistan

  • Demography:

The total population of the country was 220.9 million in 2020. It ranks 5th position when it comes to the most populated countries globally. Islam is the official religion of Pakistan and Urdu is the official language. More than 97 percent of the people are Muslim, and the other 3 percent are minorities.

  • Trends:

The role of a family is critical in Pakistani society. They follow both western and eastern cultures when it comes to dressing or fashion. They have the best and cheapest labor supplies in the world. The majority of families are from the middle class group. The employment rate is very low in the country, and it is really difficult to get a suitable job without connections or references.

  • Social Challenges:

Gender discrimination, unaffordable housing, shortage of food and water, poor transportation, terrorism, poor literacy rate, extremism, and other similar factors are some social challenges in Pakistan. The country has been facing these issues over the years.

 

Technological Factors | PESTLE Analysis of Pakistan

  • Tech Innovation:

The country has become a hub of technological and scientific solutions. Pakistan is an atomic power with so many resources. After the pandemic, the trend of online shopping has increased in the country. Online shopping giants like Alibaba and Aliexpress are some leading e-commerce platforms in Pakistan. There is no doubt about it that the country is progressing in terms of digital innovation. The usage of the internet and smartphone is also mounting in the country.

  • Social Media:

Social sites like Facebook, Twitter, and Instagram are very popular in Pakistan, especially among youngsters. In some regions, there is no access to the internet, which is problematic. If Pakistan wants to become a digital country, it has to upgrade its internet system. The Government of Pakistan is taking initiatives to improve tech infrastructure. They are exploiting tech opportunities. But, all these things require a huge investment and hard work. The country should promote an entrepreneurial mindset as well as innovation.

 

Legal Factors | PESTLE Analysis of Pakistan

  • Regulations:

The country’s constitution does not allow any discrimination regarding religion, gender, caste, race etc. Their working day consists of 7 to 8 hours and strictly prevents overtime limit to 12 hours. The constitution ensures to protect the citizens of Pakistan.

 

Environmental Factors | PESTLE Analysis of Pakistan

  • Environmental Problems:

Excess usage of plastic bags, air pollution, water pollution, land pollution, deforestation, climate change, soil degradation, and waste management are some environmental challenges that Pakistan is facing currently. The country should take some green initiatives in order to make the country a better living place.

  • Tourism:

When it comes to tourism, Pakistan has a lot of potentials. Also, note that the Pakistanis are very friendly and welcoming people. Its hospitality industry is remarkable. Pakistan has much more to offer, such as mountains, natural sceneries, cuisine, landscapes, rich history, and culture. But, tourists do not prefer to select this country due to its bad reputation, terrorism, and economic instability. Pakistan can improve its tourism industry in order to make revenue.

 

Final Thoughts | PESTLE Analysis of Pakistan

We have concluded from this analysis that Pakistan could be the fastest-growing country in the world. But, they always face political turmoils, social, environmental, and legal problems. But, they have the potential to grow in terms of tourism and tech innovation. On the other hand, Pakistan should improve its foreign policy to strengthen relations with other countries, including India. By doing so, the country can attract foreign investments, businesses, companies, and tourists. Pakistan’s army has controlled the terrorist attack in the recent few years. It is a good thing for the growth of Pakistan and its people. We hope this PESTLE analysis will clear all your doubts about Pakistan.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

Read More:

PESTLE Analysis of Brazil

PESTLE Analysis of Mexico

Mergers and Acquisitions

May 6, 2022 0 comment
0 FacebookTwitterPinterestEmail
Sri Lanka PESTLE Analysis
Better TipsBusinessManagementMarketingSWOT & PESTLE Writing

PESTLE Analysis of Sri Lanka

by Shamsul May 5, 2022

PESTLE Analysis of Sri Lanka

 

Sri Lanka is a South Asian country which is also called Ceylon. The country’s official name is the Democratic Socialist Republic of Sri Lanka. The Gulf of Mannar and Palk Strait separate the country from the Indian Sub-continent. Sri Jayawardenepura Kotte is the capital city of Sri Lanka, but its largest city and trade hub is Colombo. Let’s read the PESTLE analysis of Sri Lanka.

The total area of Sri Lanka is 65,610 km2. In terms of area and size, it is the 120th largest country in the world. In 2020, the total population of Sri Lanka was 21.92 million. Sri Lanka has rich culture and history when it comes to history and culture. Its geographic location played a major role in history from a different POV.

Portuguese invaded the country in the 16th century accidentally and controlled it. Then Dutch colonists occupied the country and kicked out the Portuguese. During the period of 1815-1948, British colonists ruled the country. Today, we will discuss the PESTLE analysis of Sri Lanka by identifying its political, economic, social, technological, legal, and environmental factors. The impact of these factors is really huge on the country. Here’s the detailed analysis of Sri Lanka,

Political Factors | PESTLE Analysis of Sri Lanka

  • Government System:

In Sri Lanka, there is semi-presidential form of government and administration. There is a cluster of democratic parties in the country. The government of Sri Lanka consistently organizes elections among these democratic parties. The party that gets the maximum number of votes forms the government. In the past, the country had not very good relations with India. But, they have resolved their conflict peacefully. On the other hand, Sri Lanka has very good relations with other regional countries such as Pakistan and China.

  • Alliances:

Above all, the country has alliances and membership with some of the world’s top institutions like the World Bank, IMF, Asian Development Bank, SAARC, the UN, G77, the Colombo Plan, NAM, and the Commonwealth of Nations.

  • Political Challenges:

The Sri Lankan political system has no freedom of speech, political dominance, and positive encouragement. They oppress these factors, which make the country highly volatile. It is imperative for the Sri Lankan government to introduce reforms in human rights, minorities, and the community. These factors are important for achieving political stability in the country.

 

Economic Factors | PESTLE Analysis of Sri Lanka

  • Gross Domestic Product:

In 2020, the annual gross domestic product (GDP) of Sri Lanka was 81.120 billion dollars. It was the 66th highest in the world at that time. Similarly, in the same year, the country’s per capita income was 3697 dollars, and it was 113th highest in the world.

  • Foreign Direct Investment:

According to economists and World Bank, the country’s economy is struggling and facing some major challenges. Currently, its economy is shifting towards urbanization and industrialization. Such efforts can help Sri Lanka to bring new investors in the country. China is the main investor in Sri Lanka.

  • Imports and Exports:

Ladies’ undergarments, tea, and vegetables are some of the main exports of Sri Lanka. Sri Lanka exports these things to India, UK, the USA, Italy, and Germany. Gold, knitted fabrics, refined petroleum, and cars are its main imports. Sri Lanka imports these things from China, India, Malaysia, UAE, and Singapore.

  • Economic Challenges:

Just like political challenges, Sri Lanka is also experiencing some important economic challenges. In order to improve the economy, the government should take some aggressive initiatives to address economic concerns. Unemployment, increasing food prices, and inflation are some critical economic challenges the country is facing right now.

 

Social Factors| PESTLE Analysis of Sri Lanka

  • Demography:

21.92 million people are populating the country. The majority of people follow Buddhism. Approximately 70 percent of people are Buddhist, and the remaining ones are minorities. The average life in Sri Lanka is 72 to 78 years. It is because of the clean air and natural landscapes. The most surprising element about Sri Lanka is that it has a literacy rate of 92 percent, which is quite commendable.

  • Cultural Diversity:

The socio-cultural diversity in Sri Lanka is very strong because it is a home of ethnic groups and other groups. When it comes to culture, Sri Lankan culture is quite like India.

  • Social Challenges:

Discrimination towards gender, caste, religion, and other factors is huge in Sri Lanka. Moreover, the higher unemployment rate is another sign of worry. In short, Sri Lanka is facing severe social challenges. They depend heavily on agriculture, and growing population is another concern.

 

Technological Factors | PESTLE Analysis of Sri Lanka

  • Adopting Technology:

Sri Lankan government has realized the importance of technology and science. Due to this reason, government and national institutions are taking the necessary initiatives to make the country digital. But, they require a lot of investment and resources to do so. According to studies, the computer literacy rate in the country is just 30 percent which is really poor.

  • Technological Trends:

Many e-commerce stores are working hard in the country. It is because people now prefer online shopping in Sri Lanka. Moreover, a major portion of the population loves to use social media websites and apps like Facebook, YouTube, Twitter, Instagram, LinkedIn, and Messenger. But, the use of these social sites is really negative as they spread false information.

 

Legal Factors | PESTLE Analysis of Sri Lanka

  • Regulations:

Surprisingly, the judicial and legal system is quite confusing in the country. Moreover, they don’t distinguish between international and local workers. The minimum wage is 10000 Rupees (50 US dollars). Surprisingly, some regulations and a flawed legal system make the country a little risky for foreigners.

 

Environmental Factors | PESTLE Analysis of Sri Lanka

  • Environmental Problems:

Factors like deforestation, overfishing, and industrial development are causing environmental problems in Sri Lanka, such as water pollution, poor waste management, air pollution, land pollution, water pollution, and more. These signs are really threatening and can cause serious trouble in the future.

  • Tourism Industry:

Indeed, there is no doubt that Sri Lanka is one of the most beautiful countries in the world with some scenic greenery, natural landscapes, and captivating weather. It has the potential to attract tourists worldwide, but its bad reputation is creating problems. However, the country has everything that a tourist country can offer.

 

Final Thoughts | PESTLE Analysis of Sri Lanka

This study shows that Sri Lanka is a beautiful country with massive potential. It is one of the developing countries. Factors such as poverty level, inflation, lack of technological resources, and environmental problems are hurting the country’s image globally. In order to take the lead, Sri Lanka should invest in the tech industry. In general, you will love visiting this country.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

SWOT Analysis of Lidl | Quality Products at Low Prices

PESTLE Analysis of Argentina

5 Reasons That Prove Online Education in the Near Future 

May 5, 2022 0 comment
0 FacebookTwitterPinterestEmail
Mexico Pestle Analysis
BusinessManagementMarketingSWOT & PESTLE TravelWriting

PESTLE Analysis of Mexico

by Shamsul May 5, 2022

PESTLE Analysis of Mexico

 

Mexico is a North American country. It is situated on the southern side of North America. Mexico touches the border with the USA, Gulf of Mexico, Pacific Ocean, Belize, Guatemala, and the Caribbean Sea. The total area of Mexico is 1.973 million km2, and its total population is 128.9 million (2020). In terms of area, it is the 13th largest country in the world. In terms of population, it is the 10th most populated country globally. The capital city of Mexico is Mexico City. Its capital Mexico City is one of the largest cities in the world. We will do a PESTLE Analysis of Mexico to provide a clear picture of the country.

It was the home of several ancient civilizations such as Mesoamericans, Aztecs, and Maya. In the 16th century, Spanish Empire colonized Mexico. They named the country “New Spain.” They want to exploit all the natural resources of the country. However, the country gained independence in 1821 through the war named Mexican War of Independence.

In this post, we will discuss the PESTLE analysis of Mexico. This tool will help to highlight the country’s political, economic, social, technological, legal, and environmental factors in detail. Keep scrolling!

 

Political Factors | PESTLE Analysis of Mexico

  • Government System:

The country follows the presidential form of government and administration. Mexico consists of 31 states, so President is the head of the government, commander in chief, and head of the state. The party that gets the majority vote elects the President for 6 years (once in a lifetime). The constitution does not allow the President to take to power again.

  • Alliances:

The country has alliances and membership with leading institutions of the world such as the UN, NAFTA, WTO, Pacific Alliance Trade Bloc, and G20. According to experts, Mexico has the potential to become a leading giant in different sectors.

  • Diplomatic Relations:

Mexico needs to manage its position as neutral in world affairs in order to develop as a leader. In both global affairs and the region, the country holds significant power and influence. The country is trying to become a global power by 2050. For this purpose, Mexico has established excellent diplomatic relations with several countries worldwide. It has some conflicts with various countries too.

  • Corruption:

Like other developing countries, Mexico is also facing some serious corruption issues. Everyone is corrupt, from the judiciary to police, political parties, government, and non-government organizations. They misuse the power and do not follow the law. According to some experts, corruption is one of the major hindrances to the growth of Mexico.

 

Economic Factors | PESTLE Analysis of Mexico

  • Gross Domestic Product (GDP):

The annual gross domestic product of the country was 1.322 trillion dollars in 2020. This is the 15th highest globally. Its per capita income was 10405.

  • Imports and Exports:

The country exports spare parts, computers, delivery trucks, and crude petroleum to the USA, Japan, Canada, China, and Germany. However, the country imports spare parts of vehicles, refined petroleum, petroleum gas, and computers from the USA, Germany, China, South Korea, and Japan.

  • Foreign Direct Investment (FDI):

The country is a member of the MINT group, containing other countries like Turkey, Indonesia, and Nigeria. This group aims to enhance economic development in the country through FDI. In 2020, the FDI of the country was 23.5 billion dollars. But, it has decreased due to the global pandemic of covid-19.

  • Unemployment and Taxes:

In 2020, the tax rate was 1.92 percent which changes later to 35 percent in the country. The country is facing various taxes issues and unemployment problems. These are some signs of worry that Mexico is experiencing right now.

 

Social Factors | PESTLE Analysis of Mexico

  • Demography:

The total population of the country in 2020 was 128.9 million. The country has a vast social system. There is plenty of natural beauty, richness, and history in the country. They speak Spanish more commonly but also speak English as well. Christianity is the religion that is in the majority of Mexico. When it comes to food and clothes, Mexico is one of the most affordable countries globally. These are some interesting facts about the country.

  • Social Challenges:

The gap between poor and rich, unemployment, inflation, and other social factors are some challenges the country is facing currently. More than 50 percent of people live under the poverty line in Mexico. Also, the political instability and social issues are putting the country into deep trouble. For the desire for a better life, many Mexican people try to cross the US border.

  • Values and Trends:

The socio-cultural system in Mexico is very rich and strong despite all the social challenges and problems. They love to play football and their team is the best in the world. They give value to family and family values. On the other hand, the country’s cuisine is one of the most important things.

 

Technological Factors | PESTLE Analysis of Mexico

  • Technological Innovation:

Mexico is growing in terms of technological advancement. Just because of its efforts in the tech industry, the country has attracted several tech players like Amazon, Facebook, Uber, and Google. Moreover, the government and non-governmental organizations are trying to adopt the latest technologies and innovations. In 2018, Mexico congress passed a bill to reduce barriers to digital currencies like cryptocurrency.

 

Legal Factors | PESTLE Analysis of Mexico

  • Regulations:

The judicial system in Mexico is totally free and independent, but corruption has destroyed it. The immense corruption level has just tarnished the reputation of the country all around the world. The hold of drug lords, smugglers, and gamblers has stained the name of the country. But, its labor laws protect the rights of laborers. Employees should check the contract while joining a firm or company. The constitution of the country prohibits discrimination of any religion, caste, sex, and race.

 

Environmental Factors | PESTLE Analysis of Mexico

  • Environmental Problems:

Scarcity of fresh water, toxic waste, air pollution, water pollution, and land pollution are major environmental challenges the country is facing. However, The government is trying to adopt green initiatives to reduce the impact of climate change.

  • Tourism:

Mexico falls under the set of most beautiful countries globally when it comes to tourism. Its desserts, national parks, landscapes, natural beauty, and historical sites are worth-exploring. Moreover, the country is promoting its tourism by improving infrastructure and providing facilities. Thus, Mexico can earn major revenue through the tourism industry.

 

Final Thoughts | PESTLE Analysis of Mexico

It is very clear from this PESTLE analysis of Mexico that it is a leading developing Latin American country in the world. However, the country has been facing several big issues like corruption, poverty, unemployment, and from the decades. Surely, It has the potential to attract foreigners and international companies. So, they need to improve their economic and political infrastructure. The country should utilize its resources in order to reduce the gap between the poor and rich classes.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

Human Resources | HR SWOT Analysis – Why They Should Practice?

A Study Predicting Future of Artificial Intelligence vs Human Beings

PESTLE Analysis of Unilever | Largest Consumer Goods Corporations in the World

May 5, 2022 0 comment
0 FacebookTwitterPinterestEmail
Brazil PESTLE Analysis
Better TipsBusinessManagementMarketingSWOT & PESTLE Writing

PESTLE Analysis of Brazil

by Shamsul May 3, 2022

PESTLE Analysis of Brazil

 

In this PESTLE Analysis of Brazil, you will realize that the PESTLE tool is very effective to run an entity including the country. Brazil is a South American country and one of the largest in Latin America. The Federative Republic of Brazil touches the border with every South American country except Ecuador and Chile. Brasilia is the capital city of Brazil. Sao Paulo is the largest city in the country. The total area of Brazil is 8.516 million km2 and its total population is 212.6 million (2020). In terms of area and size, it is the 5th largest country in the world. In terms of population, it is the 6th most populated country in the world.

Brazil is the home of various tribal nations. In 1500, Portuguese came and colonized the country. However, the country got independence in 1822. It became the Empire of Brazil. The country follows the presidential form of government and administration. From 1964 to 1985, a military dictator ruled the country. In 1988, the civilian government established the federal republic country.

In this article, we will conduct the PESTLE analysis of Brazil. This tool is really helpful in analyzing macro-environmental factors such as political, economic, social, technological, legal, and environmental. Hence, the impact of these factors is really huge on the country. Here’s the complete PESTLE analysis of Brazil,

 

Political Factors | PESTLE Analysis of Brazil

Government System:

The country follows the federal republic democratic system of government. Brazil comprises federal districts and 26 states. The country falls under the types of middle income countries of the world. So, the country holds significant importance in international affairs. Moreover, it is worth mentioning that the country has the largest democracy in the world. It shows that its consumer markets are really huge. According to some experts, these indicators show that this country has various growth chances and potential. There is a chance that they can make a prominent position in the top 10 economies of the world.

  • Alliances:

The country has very friendly relations with neighbors such as the US, Venezuela, and Argentina. Moreover, Brazil has strong alliances and membership in some leading institutions like the UN, G20, IMF, World Bank, BRICS, Mercosul, Organization of Ibero-American States, Organization of Portuguese language countries, World Trade Organization, and more.

  • Corruption:

Like other South American countries, Brazil’s main issue is corruption. They have been facing this problem for several decades. However, government institutions are taking appropriate initiatives to remove the roots of corruption. Such initiatives and steps could decrease the level of corruption.

 

Economic Factors | PESTLE Analysis of Brazil

  • Gross Domestic Product (GDP):

In 2020, the annual gross domestic product (GDP) of the country was 1.363 trillion dollars which is the 13th highest in the world. Its per capita income was 6450 dollars which is really low as compared to the other neighboring countries. In 2015, the country faced one of the most difficult economic recessions. It is still facing its perks in 2022. The recent pandemic of covid-19 has also affected the country’s economy very badly.

  • Productive Industries:

When it comes to coffee-producing countries, Brazil falls under the category of the world’s top countries. The country produced 32.99 million bags of coffee during the period of 2021 to 2022. During 2016-2017, the country produced a record-breaking 55 million bags of coffee. When it comes to the power industry, sugar is the most powerful one. Brazil exports sugar and coffee to more than 100 countries. These economic indicators are really bright for the country’s financial condition.

  • Imports and Exports:

Cars, crude petroleum, soybeans, iron ore, and raw sugar are some of the country’s top exports. So, the country exports these things to the USA, China, Argentina, Germany, and Netherland. Moreover, Medicines, medicine packaging, refined petroleum, cars, and integrated circuits are the main imports of the country. So, The country imports these products from China, the USA, Germany, South Korea, and Argentina.

  • Foreign Direct Investment (FDI):

Several international countries are investing in Brazil. Being a member of BRICS, it receives foreign direct investment from South Africa, China, Brazil, Russia, and India. The purpose of this alliance is to enhance the level of foreign direct investment in the country.

  • Unemployment and Taxes:

In 2020, the unemployment rate was above 13 percent of Brazil. It has climbed due to the perks of covid-19. The tax rate was over 28 percent in 2021 which is really low. These factors show that the country is going in the wrong direction.

 

Social Factors | PESTLE Analysis of Brazil

  • Demography:

The total population of Brazil in 2020 was 212.6 million. The main religion of the country is Christianity and more than 89 percent follow the religion. The remaining 11 percent are minorities. The official language of the country is Portuguese, but they also speak English and Spanish. In short, Brazil is one of the most beautiful countries in the world. They are football lovers and their team and players are highly famous in the world.

  • Crime and Poverty:

In the recent few years, the country has evolved economically. The government is trying to remove the poverty level. More than 10 percent of the population of the country is living under poverty. The gap between the poor and rich has enlarged in the past few years. Just because of this, the crime rate is going up in the country. Some of its cities are very bad-reputed due to the violent crime rate.

  • Social Problems:

Currently, the country is dealing with several social challenges such as poor education, poverty, crime, child labor, bad housing, and a poor healthcare system. The overall social condition of the country is pathetic. Drug dealing, prostitution, and other similar things are very common. Gender bias and race is a common things.

  • Trends:

When it comes to fashion, Brazilians are very fashion-loving and modern. Middle-class families are growing in the country. Moreover, they love branded and luxury clothes and lifestyle products. Football and baseball are very popular in the country.

 

Technological Factors | PESTLE Analysis of Brazil

  • Social Media:

Brazil is growing in the tech sector such as software, web development, and mobile. The Brazilian people love to use mobile phones and the internet. They are actively present on social media sites like Facebook, Instagram, YouTube, Twitter, and LinkedIn. The largest city in the country is Sao Paulo.

  • ICT Growth:

When it comes to information and communication technology (ICT), Brazil falls under the category of the world’s leading countries. They love to communicate with each other using the latest technologies and devices. Due to this reason, many tech multinational companies are investing in the country. On the other hand, some of its areas still don’t have access to the internet and technology.

 

Legal Factors | PESTLE Analysis of Brazil

  • Regulations:

The legal system of the country promotes foreign investment and businesses. However, the employment rate is a bit low in the country. However, multinational companies can target the country to give employment chances. On the other hand, the country does not allow nuclear energy companies, postal services, and security agencies to work in the country.

 

Environmental Factors | PESTLE Analysis of Brazil

  • Environmental Challenges:

The country is facing some of the worst environmental challenges like air pollution, deforestation, smuggling, illegal poaching, oil spills, water pollution, and land degradation. The government and individuals are taking aggressive steps to address these environmental challenges.

  • Tourism Industry:

Brazil is a beautiful country and it attracts millions of visitors every year across the globe. They are strengthening the country’s economy. The country has more than 2000 beaches, rainforests, landscapes, the Amazon River, Iguacu Falls, and 62 National Parks.

 

Final Thoughts | PESTLE Analysis of Brazil

After this careful study, we have realized Brazil is one of the developing countries in the world. However, the country is facing some serious problems like crime rate, poverty, unemployment, environmental challenges, and other issues. The country has the potential and resources to become a leader.

 
 

Need Help or Advice in Content Management:

Do you want more advice? Do you have good practices to share? Express yourself in the comments.

Moreover, if you want any help to write content to drive more traffic and boost conversions, get in touch through Contact our team?

Do you want any help writing quality content, driving more traffic to your website, and boosting conversions? You can contact me through my Freelancer.com profile also. I always prefer to work through Freelancer.com for smooth functioning. Here you pay safely and securely.

 

Read More:

SWOT Analysis of Peloton – The Largest Fitness Platform

Most Popular Theories of Motivation

PESTLE ANALYSIS OF UNILEVER | LARGEST CONSUMER GOODS CORPORATION IN THE WORLD

May 3, 2022 0 comment
0 FacebookTwitterPinterestEmail
  • 1
  • 2
  • 3
  • …
  • 5

About

About

About Wiselancer

Our resources are tailored according to the needs and demands of today. Wiselancer offers an extensive treasure of knowledge-based contents and articles that shed light on a variety of different subjects and topics.

Recent Posts

  • 40 Most Beautiful Asian Women

    August 17, 2022
  • 15 Most Scary Roads For Driving in the World

    August 16, 2022
  • 13 Reliable Techniques to Use Online World for Making Money

    August 9, 2022
  • Six Helpful Tips for a Successful Business Online

    August 8, 2022
  • 4Ps – Walmart Marketing Mix Greatest Impact

    August 8, 2022
  • PESTLE Analysis of Walmart and Know Effect of External Factors

    August 7, 2022
  • Better Tips
  • Biography
  • Business
  • Celebrities
  • Cooking & Foods
  • Coronavirus
  • Gig Economy
  • Health
  • Management
  • Marketing
  • Personal Growth
  • Romance
  • Scholarly
  • Skincare and Beauty
  • SWOT & PESTLE 
  • Top 10
  • Travel
  • Trending
  • World's Climate
  • Writing

Archives

  • August 2022 (19)
  • July 2022 (24)
  • June 2022 (24)
  • May 2022 (32)
  • April 2022 (47)
  • March 2022 (62)
  • February 2022 (68)
  • January 2022 (21)
  • December 2021 (41)
  • November 2021 (34)
  • October 2021 (21)
  • September 2021 (6)
  • August 2021 (5)
  • July 2021 (14)
  • June 2021 (11)
  • May 2021 (9)
  • April 2021 (14)
  • March 2021 (12)
  • February 2021 (18)
  • January 2021 (21)
  • December 2020 (7)
  • November 2020 (9)
  • October 2020 (5)
  • September 2020 (7)
  • August 2020 (1)
  • July 2020 (5)
  • June 2020 (10)
  • May 2020 (7)
  • April 2020 (12)
  • March 2020 (15)
  • February 2020 (5)
  • January 2020 (24)
  • December 2019 (13)
  • November 2019 (10)
  • October 2019 (22)
  • September 2019 (18)
  • January 2016 (9)

@2021 - All Right Reserved.


Back To Top
WiseLancer
  • Home
  • About
  • Marketing
  • Management
  • Business
  • SWOT & PESTLE 
  • Health
  • Travel
  • Romance
  • Cooking & Foods