The case deals with the development of Company A. Company A is founded by Person C and Person G, who were roommates and industrial designers. They initiated renting their room to fellow designers to make some money, which gives the idea to initiate a business. Person C and Person G started a website in 2008 along with Person B, who is a computer scientist. The website helps the host and guest to meet and transact. In 2017, the value of the firm is $31 billion. Company A became the fourth most valuable private company on the planet. Even though they are the fourth most valuable company, they are not in smooth sailing. There were issues with PESTEL factors. Especially the regulation of State N was the issue for Company A. To determine: The impact of PESTEL factors on the future of the business.

Question

Want to see the full answer?

Answer 1

Question

Chapter 3.5, Problem 3CC

Summary Introduction

Case summary:

The case deals with the development of Company A. Company A is founded by Person C and Person G, who were roommates and industrial designers. They initiated renting their room to fellow designers to make some money, which gives the idea to initiate a business. Person C and Person G started a website in 2008 along with Person B, who is a computer scientist. The website helps the host and guest to meet and transact.

In 2017, the value of the firm is $31 billion. Company A became the fourth most valuable private company on the planet. Even though they are the fourth most valuable company, they are not in smooth sailing. There were issues with PESTEL factors. Especially the regulation of State N was the issue for Company A.

To determine: The impact of PESTEL factors on the future of the business.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Discuss 2 factors which influence an individual’s personality, describing how the concept of personality can be useful in understanding one’s self and others. Using this understanding and the evolution of management thought, identify the likely impact of job typology on organisational performance.

Corporate Culture plays a significant role in determining how organizations manage their human resources. As an HR professional, you are required to evaluate the relationship between corporate culture and HR Opportunities and challenges.In an essay, utilizing scholarly sources and examples, discuss the following:1. How does a strong corporate culture present opportunity for Human Resource? 2. Analyze the challenges HR may face in managing corporate culture3. Offer recommendations for HR professionals to foster a positive corporate culture while addressing potential obstacles.

1. The inauguration of Donald Trump as the 47th President of the United States in January 2025 highlighted how ICT has reshaped electoral processes. Identify one pivotal technology or platform that shaped this election. Analyze its contribution by focusing on two of the following areas: Voter engagement Campaign strategies Election administrationSupport your response with examples and references from academic or journalistic sources. 2.Smart home appliances, such as smart refrigerators and smart thermostats, are increasingly popular. Despite their advanced functionalities, some argue that these devices are NOT examples of computer systems. True or False? Justify your response using one example, highlighting the components and functionalities of these devices. 3. The use of Artificial Intelligence (AI) tools like ChatGPT by students for assessments is becoming commonplace. While beneficial, these tools present certain drawbacks. Discuss one significant disadvantage of students using…