Business and decisions making
Instructions
Please see the attachment. I will need you to follow the instructions and use the answers to create the report.
Answer
Business and Decision MakingPEST AnalysisPEST analysis is a method that is used to decide the suitability of an environment for a particular purpose. In most case, PEST analysis is made use of in strategic business decision making when a company is looking forward to expanding its business prospects to an external and foreign market. In this perspective, there are many aspects of the target environment that are under scrutiny to illustrate the suitability or lack thereof of the target environment (Sammu Bonnici and Galea, 2015). PEST analysis looks at the political, economic, social and technological. These are the factors that control the external macro-environment, which are out of the control of the firm or of the business entity.The undertaking of the PEST analysis is important and cru...
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