PEST Analysis Quilting Industry

Previous SWOT Analysis will be provided for insight on knowledge that was gained that can be used to move forward in support of this paper along with the rubric. Also included will be a note containing this weeks insight on global impact factors and how leadership should should respond.

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_ For the purpose of this class, we will assume that your chosen company will be expanding its business globally, and it is your task to examine the chosen market domain in at least one foreign country with an eye to global expansion.

This section of the project results in a PEST analysis, or analysis of external political, environmental, social, and technological factors and their influence on your selected company. The viewpoint will be from the outside looking into the company.

The PEST analysis should be of sufficient detail to identify not only what the elements of concern are, but how and why they impact the company. As an example, under the political quadrant of a PEST analysis, you may identify “unstable regional government,” but what does that really mean to a company? Why does this factor matter, and what could happen to the company as a result of an unstable regional government?

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Your milestone assesses a projected set of actions the company should take in order to exploit opportunities or mitigate problems. This mitigation plan should be detailed enough to match the immediate need for the company’s expansion efforts, and could pose a favorable or unfavorable impact on the company. In the above example of the unstable regional government element identified in the political quadrant, it is possible, under certain circumstances, that this would be an exploitable opportunity in the near term for the company. In this case, perhaps a company may be able to take advantage of this instability to do something it was not able to do in the past. So, during the analysis, you should consider all possibilities to help you decide on which key elements to highlight in the assignment.

SAMPLE SOLUTION

There has been increased disruption in the textile sector. The sector has experienced significant transformation in past years, and still, it goes on | PLACE YOUR ORDER NOW AT writtask.com | current shopping era where customers’ pattern is dynamic, brands and retailers need to adapt to net fluctuations in demographics, customer preferences and attitudes. For instance, in 2019, the quilting and fashion market was defined by upcoming | PLACE YOUR ORDER NOW AT writtask.com | advancements are closing the gap between customers and brands. The evolutionary fight of e-commerce is altering client preferences and brand interactions. This discussion will examine the effect of macro-environmental aspects impacting Angie…