[Solution]PEST Analysis

External Analysis, Need do the PEST analysis, I will send you the details Requirements: Answer all questions | .doc file Here is the information about…

External Analysis, Need do the PEST analysis, I will send you the details
Requirements: Answer all questions | .doc file
Here is the information about the assignment, and this is a group project, so for the PEST analysis, I only have to do the half, just do the “P and E” analysis is ok.
Assignment: External Analysis – Mount Saint Vincent University
Requirements:

PEST Analysis

PEST analysis stands for:
P – Political, Legal Analysis & Regulatory Factors
E – Economic Analysis
S – Social and Culture Analysis (Includes Demographics, and Environment)
T – Technology
What you will do is create a table. On one side of the table, you will list factors in the PEST, and on the other side of the table, you will note the impact on the Mount and other companies in the environment.
The table will resemble the following:

Political:
Impact:

Economic:
Impact:

Now, what we are looking for are facts. In a proper PEST, you state real facts on one side of the table and impacts on the other. For example:

Economic:

In July 2020, Canada’s unemployment rate was 10.7%, which is down from 13.4% in May 2020. The unemployment rate is relatively high compared to last year due to COVID as it was 5.67% in 2019.

Impact:

Since unemployment is relatively high, people will be inclined to go back to school to upgrade their skills if they have lost their jobs or cannot find work.

The example above would by no means be the only thing to consider under the economy but represents just one point.
Students who do poorly would submit a PEST which resembles the example below:

Economic:

Unemployment
GDP
Stock Market Returns

Impact:

If employment is good; people don’t need to go to school. If the economy is poor, people will return to school

Components of the Macro-Environment”
Some key questions to consider when completing a PEST include:
1. Are there any government policies, laws, and regulations that impact the company?
2. Are there expected to be any changes?
3. Is the government stable? Likely to change?
4. What is the current state of the economy (GDP, GNP, unemployment, inflation, interest rates, stock market returns, savings rates)? How does the state of the economy compare to historical norms?
5. Is the state of the economy forecasted to change? Why?
6. How does the economy’s performance impact the company?
7. What are society’s attitudes towards the company/industry? Are there any changes?
8. What cultural trends impact the company/industry? Are there any changes?
9. How do demographic trends impact the company/industry? Are there any changes?
10. How does the current technology impact the company/industry? Are there any changes forthcoming?
11. How have recent changes in technology impacted the company/industry?
No words limi
Just do P – Political, Legal Analysis & Regulatory Factors and E – Economic Analysis these two
Like the example which I send to you
Format Like this example
For example:

Economic:

In July 2020, Canada’s unemployment rate was 10.7%, which is down from 13.4% in May 2020. The unemployment rate is relatively high compared to last year due to COVID as it was 5.67% in 2019.

Impact:

Since unemployment is relatively high, people will be inclined to go back to school to upgrade their skills if they have lost their jobs or cannot find work.

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