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MOD003353 - Business Environment - Organisational Structure - PESTEL Analysis - Corporate Governance - Business Assessment Answer
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MOD003353 - Business Environment - PESTEL Analysis - Business Assessment Answer
Assessment Task:
Task 1
A. History and brief discussions of the structure of the organisation.
B. Corporate governance including the responsibilities of the Board of Directors to the stakeholders. - The term corporate governance can be used in a broad sense to describe all the policies, procedures, relationships, and systems in place to oversee the successful and legal operation of the enterprise.
Task 2
Assess the importance of conducting PESTEL analysis for an organisation. Brief discussions of the frequent changes in the business world, therefore the need to keep abreast of the latest development in the business arena, otherwise the company may not be relevant in the market place.
Task 3
Make a list of the Political, Economic, Social, Technological, Environmental and Legal (PESTEL) factors that influence the environment of your chosen company, and discuss how these factors impact your chosen company.
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