As a sole proprietor of Kutlwano Bottle, you desire to expand its operations to include a Liquor Restaurant. You have instructed the manager to assess whether the external macro environment factors support this idea. Explain the different components, giving examples, of each of the Political, Economic, Social and Technological (PEST) factors that the manager should consider. b. The SWOT analysis method is used to assess an organisation's strategic situation to create effective strategies by matching a company's internal resources with its external environment. Tick appropriate boxes below. Strength weeakness opportunities Threats internal external helpful Harmful
As a sole proprietor of Kutlwano Bottle, you desire to expand its operations to include a Liquor Restaurant. You have instructed the manager to assess whether the external macro environment factors support this idea. Explain the different components, giving examples, of each of the Political, Economic, Social and Technological (PEST) factors that the manager should consider. b. The SWOT analysis method is used to assess an organisation's strategic situation to create effective strategies by matching a company's internal resources with its external environment. Tick appropriate boxes below. Strength weeakness opportunities Threats internal external helpful Harmful
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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QUESTION 3
a. As a sole proprietor of Kutlwano Bottle, you desire to expand its operations to include a Liquor
Restaurant. You have instructed the manager to assess whether the external macro environment
factors support this idea.
Explain the different components, giving examples, of each of the Political, Economic, Social
and Technological (PEST) factors that the manager should consider.
b. The SWOT analysis method is used to assess an organisation's strategic situation to create
effective strategies by matching a company's internal resources with its external environment.
Tick appropriate boxes below.
| Strength | weeakness | opportunities | Threats | |
| internal | ||||
| external | ||||
| helpful | ||||
| Harmful |
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