PEST(LE) Analysis Essay Example | Topics and Well Written Essays - 1000 words

PEST(LE) Analysis - Essay Example The above acquisition enabled the entity to have access to Safeway’s massive resources. This allowed Morrison to add its outlet and capture additional clientele. The acquisition was a strategic step that sought to kick-start its expansion across England (Morrison 2012). Safeway had stores in southern England and Scotland. This was a strategic acquisition since the Safeway gave Morrison a chance to challenge the supremacy of its competitor in the Southern region and Scotland subsequently kick-starting Morrison’s expansion strategy. The acquisition increased the quantity of Morrison’s stores. Consequently, the entity could avail its products to the southern regions. The entity also sought to increase its profitability by increasing its operational efficiencies. Morrison evaluated the profitability of it stores and disposed those that were reducing its profitability and overall efficiency. Operational efficiency is vital in retail businesses. Operational efficiency ensures that an entity capital is put into profitable activities. Therefore, the entity disposed off some of its stores. This allowed the entity’s management to focus on stores with potential to bring in additional clientele (Morrison 2011). Morrison further terminated its venture with British Petroleum (BP). Morrison had entered into a venture with BP. The venture allowed the entity to create open stores on BP’s petrol stations. ... The expansion of the entity did not only entail increasing its sales but also increasing the value the entity offers to the clients. Additionally, it sought to improve its procedures ensuring that they can handle its undertaking appropriately. Proper management and efficiency were catalysts to the expansion of the entity. The management ensured that the entity could attract additional clientele through marketing (branding) and maintaining an ideal corporate image (Morrison 2010). PEST Analysis This is a technique, which enables an analyst to evaluate the position of an entity in relation to certain factors, which determine the fortunes of an entity. The factors include political, economic, socio-cultural and technological factors. Political/legal Factors Morrison conforms to the company act, which contains provisions that elaborate the formation and operation of such an entity. If the entity infringes any of the clauses of this law, then the entity would face numerous legal consequen ces. The entity initiated its operations in the agricultural sector. Consequently, considerable portions of the entity’s products are from the agricultural sector. Such products face numerous laws as authorities endeavour to protect the citizenry. The entity has to ensure that its food products meet the required health standard. The health sector has instituted numerous laws, which seek to secure the safety of the citizens. Additionally, the entity faces countless laws pertaining to the sale of alcohol. The entity was labelled reluctant in the implementation of laws pertaining to sale of alcohol. As such, the entity was instructed to demand identification documents from individuals purchasing alcohol

Is globalization rendering nation-states weak and irrelevant Discuss, Essay

Is globalization rendering nation-states weak and irrelevant Discuss, with examples - Essay Example The economic strength of a nation defines its political powers. Globalization has given rise to strong nations both economically and politically. Globalization fosters economic interdependence. States become key producers of certain products and services, while they rely on other nations for other insufficient products (Hirst & Thompson, 2002, p.279). This capacitates nations to trade freely thereby leading to a significant increase in the GDP of such nations across the globe. The capability of a nation to avail such products and services globally renders such a nation to be significantly relevant in shaping world economy, thereby strengthening its political strength. For instance, various oil-producing nations have a significant economic relevance globally. However, they ought to rely on other nations that produce other products such as agricultural and technological products. The interdependence that globalization creates is significant in promoting political stability among nations, thus promoting peace globally. The economic interactions have fostered the development among nations, particularly the developing nations through the importation of human resource capabilities such as technological and business expertise (Hirst & Thompson, 2002, p.189). Additionally, developed nations have been able to bring in cost-effective human resource from the developing nations, and this has critical improvement in the improvement of productions of such nations. As such, various countries play a critical role in shaping the global economy. The transcendence of a global economy across borders has given rise to various bodies that include the Word Bank and IMF among others. These bodies play a critical role in the globalization, since they implement policies that aid in controlling word trade. Besides, these bodies significantly aid nations in propelling their economic capabilities through