FC090 Business & Business Environment

Create an advisory report for a busin" rel="nofollow">iness of your choice in" rel="nofollow">in the min" rel="nofollow">inin" rel="nofollow">ing in" rel="nofollow">industry. Imagin" rel="nofollow">ine your busin" rel="nofollow">iness is considerin" rel="nofollow">ing in" rel="nofollow">investin" rel="nofollow">ing in" rel="nofollow">in South Africa. Conduct a PEST analysis usin" rel="nofollow">ing this template. Lin" rel="nofollow">ink each factor mentioned to your busin" rel="nofollow">iness and consider how your busin" rel="nofollow">iness could respond. Advise them as to whether in" rel="nofollow">investin" rel="nofollow">ing in" rel="nofollow">in South Africa is a good opportunity, or an unacceptable risk. Please research this topic and complete each section. Use appropriate academic sources and provide evidence of their use. Contribution to the fin" rel="nofollow">inal module mark: 100% of fin" rel="nofollow">inal module mark Submission: via TurnItIn Word limit: 1500 words + / - 10% Student ID number: Date: Word count: Section one Introduction: The Firm and the Industry 1.1 General in" rel="nofollow">information about your chosen firm (consider – its products & services, its location, the kin" rel="nofollow">ind of busin" rel="nofollow">iness strategy it pursues?): 1.2 Describe the in" rel="nofollow">industry in" rel="nofollow">in which the firm operates (consider – primary, secondary, tertiary production i.e. manufacturin" rel="nofollow">ing, processin" rel="nofollow">ing, retail? Competition?): 1.3 Describe the in" rel="nofollow">industry in" rel="nofollow">in the country (consider – market structure & competition, key competitors?): Section two South Africa: Political factors 2.1 Describe the political system (consider – democratic? Authoritarian? What kin" rel="nofollow">ind of party forms the current government? Is it a coalition? Attitude to busin" rel="nofollow">iness?): 2.2 Political risk (Consider – stability? Corruption?): 2.3 Government policy in" rel="nofollow">in relation to your sector (consider – are there legal requirements relatin" rel="nofollow">ing to quality? Environmental regulations? Price controls?): 2.4 Taxes (consider – direct, in" rel="nofollow">indirect, in" rel="nofollow">incidence of tax): Section Three South Africa: Economic factors 3.1 General status of South Africa (Consider – level of development – GDP, HDI?): 3.2 Current economic conditions in" rel="nofollow">in South Africa (Consider – growth? Recession?): 3.3 Government economic policy (Consider - monetary and/or fiscal policy in" rel="nofollow">in relation to the busin" rel="nofollow">iness cycle & in" rel="nofollow">inflation?): Section Four South Africa: Social factors 4.1 What are the most important current demographic trends? (Consider – birth/death rates? Wealth distribution?) 4.2 Where is demand strongest? (Consider – geographically, in" rel="nofollow">in terms of class or in" rel="nofollow">income, public or private sector?) 4.3 How do culture and lifestyle factors affect this in" rel="nofollow">industry? (Consider – social values, workin" rel="nofollow">ing practices, levels of in" rel="nofollow">income, ideology and aspiration?) Section Five South Africa: Technological factors 4.1 What kin" rel="nofollow">ind of technology is relevant to your busin" rel="nofollow">iness in" rel="nofollow">in this in" rel="nofollow">industry? (Consider – products & processes) 4.2 What level of development is South Africa at in" rel="nofollow">in relation to these technologies? (Consider – any specific difficulties or advantages you may face in" rel="nofollow">in South Africa? ICT in" rel="nofollow">infrastructure? Distribution?) Section Six Conclusion: Advice to your firm Section Seven Reference list – please provide lin" rel="nofollow">inks. END OF THE ASSIGNMENT