Business Examples of How Changes in the Environment Affect Organizations Environment
Business Examples of how changes in the environment affect organizations Environment | | P.E.S.T.E.L Analysis | | 12/9/2011 | |
Contents
Introduction 3 Indian summer boosts sales at B&Q owner Kingfisher 4 Nokia's Windows tablet to take on Apple's iPad 5 Topps Tiles sales continue downward trend 6 GlaxoSmithKline to settle drug disputes for $3bn 7 Conclusions 8 Reference 9 Bibliography 10 Appendices 11
Introduction
In this assignment I will cover how business environment influence companies, their revenues and profits and what they can do about it.
I will do that by using the P.E.S.T.E.L analysis which will show how companies will be affected by one of its external factors.
In the end I will draw a conclusions from all the information I gathered during the analysis
Indian summer boosts sales at B&Q owner Kingfisher
By Matthew Holehouse 01 Dec 2011
PESTEL factor Environmental
The weather seems to effect o lot of companies in different sectors. One of them is Europe's biggest DIY group, Kingfisher as their retail profits goes pass the expectations because of the warm weather, which saw an increase of their revenue in DIY sector.
Matthew Holenhouse reported that retail profits for DIY giant increased to 13.9 per cent to £273m, an astounding results as the analysts expected profits to be around £263m.
Screwfix, the builders merchant, also seems to be doing well, as they add four new shops and plan to another 35 in the near future.
According to Matthew Holehouse (2011),
“Kingfisher was the biggest riser on the FTSE 100 this morning, with shares up 3.3 per cent to 264p."
While it certain that DIY Giant enjoy favourable weather conditions and additional profits, however earlier this year it was reported By Harry Wallop (2011),
"In the UK, its B&Q chain has been hit by a triple blow of the poor summer weather, a closing down sale held by its rival Focus, and the continued reluctance of
Contents
Introduction 3 Indian summer boosts sales at B&Q owner Kingfisher 4 Nokia's Windows tablet to take on Apple's iPad 5 Topps Tiles sales continue downward trend 6 GlaxoSmithKline to settle drug disputes for $3bn 7 Conclusions 8 Reference 9 Bibliography 10 Appendices 11
Introduction
In this assignment I will cover how business environment influence companies, their revenues and profits and what they can do about it.
I will do that by using the P.E.S.T.E.L analysis which will show how companies will be affected by one of its external factors.
In the end I will draw a conclusions from all the information I gathered during the analysis
Indian summer boosts sales at B&Q owner Kingfisher
By Matthew Holehouse 01 Dec 2011
PESTEL factor Environmental
The weather seems to effect o lot of companies in different sectors. One of them is Europe's biggest DIY group, Kingfisher as their retail profits goes pass the expectations because of the warm weather, which saw an increase of their revenue in DIY sector.
Matthew Holenhouse reported that retail profits for DIY giant increased to 13.9 per cent to £273m, an astounding results as the analysts expected profits to be around £263m.
Screwfix, the builders merchant, also seems to be doing well, as they add four new shops and plan to another 35 in the near future.
According to Matthew Holehouse (2011),
“Kingfisher was the biggest riser on the FTSE 100 this morning, with shares up 3.3 per cent to 264p."
While it certain that DIY Giant enjoy favourable weather conditions and additional profits, however earlier this year it was reported By Harry Wallop (2011),
"In the UK, its B&Q chain has been hit by a triple blow of the poor summer weather, a closing down sale held by its rival Focus, and the continued reluctance of