Business Environment –Interim Assessment(Additional Guidance)Task

1. Describe the structure of the company, itsmanagement and how it is governed. –-An overview of your chosen companyincluding itshistory.(10marks)

-Describe the organisational structure of yourchosen company.-How many directors are on the Board? -How many of these areexecutive and non-executive directors?-Who is the Chairperson of the company, and who is the CEO.?

-When were they elected and appointed?(20 marks)Task 2.Evaluate the importance of PESTEL analysis for abusiness organisation.(Thistask is notaboutyour chosen company)

.-Why is it important fororganisations to carry out PESTEL analysis? (20 marks)Task3.Use the PESTEL framework to analyse the externalenvironment of your chosen company.(A)Make a list of the Political, Economic, Social, Technological,Environmental and Legal (PESTEL) factors that influence theenvironment of your chosen company (12 marks)Examples are:

-Political -Change of government-Economic –High rate of inflation-Social –Increased rate of immigration oremigration, changes in behaviours-Technological –Automation-Environmental –Climate-Legal –Changes in law.(B) Apply the PESTEL factors you have listed to yourchosencompany. Give relevant practical examples to illustrate yourpoints(