PEST TeleTex Assignment

Submit an environmental scan of the company within the chosen market domain using the PEST format. This analysis will be written viewing the company from the outside to the inside. This assessment will consider the knowledge gained from the SWOT analysis generated in Milestone Two and assess the company’s competitive readiness from external dimensions, extending to the global marketplace. The scan will include the external political, economic/financial, sociopolitical, and technological trends for a given market environment and a potential market. The information gathered from this scan will assist in the identification of the most lucrative market niche in which to formulate an actual business development strategy in Milestone Four.

SAMPLE SOLUTION

Tele-Tex is one of the most significant players in the telecommunications industry specializing in contract manufacturing of parts for other firms. The company continues to employ state-of-the-art technology to manufacture high-quality products suited to meet customer needs, and with its advanced research and development, it responds well to the changing market | PLACE YOUR ORDER NOW AT writtask.com | competition in the market, the company has to reevaluate its position and implement drastic measures to give it a competitive edge. This paper presents the company’s environmental scan using PEST analysis to establish its readiness to compete favorably in the market. PEST analysis (political, economic/financial, sociopolitical, and technological) assesses the…