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    Module 3 - Lesson 2

    Uploaded by

    Daphne Yap

    Copyright:

    © All Rights Reserved
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    Module 3 - Lesson 2

    Uploaded by

    Daphne Yap
    11 views17 pages

    Original Title

    MODULE 3 - LESSON 2

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    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
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    Download as pptx, pdf, or txt
    11 views17 pages

    Module 3 - Lesson 2

    Uploaded by

    Daphne Yap

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 17

    Lesson 2:

    INDIRECT ENVIRONMENT
    FACTORS
    QUARTER 1 – MODULE 3
     This environment is primarily

    1. POLITICAL concerned with complex laws,


    LEGAL regulations and government
    ENVIRONMEN
    T agencies and their actions
    which affect all kinds of
    enterprises in varying degrees.
     Thegovernment,
     POLITICAL
    LEGAL
    in improving the
    ENVIRONME
    NT standard of living
    of the society.
     The general pattern of the
    economy can be viewed from
    2. ECONOMIC three dimensions:
    ENVIRONMEN 1. The economic system
    T
    2. The general business cycle
    3. The economic policies
     The main economic effect
     ECONOMIC is on business organizations
    ENVIRONMEN today are usually classified
    T as fiscal and monetary
    policies.
     Deal with the use of
     FISCAL government spending and
    POLICIES taxation to improve the
    position of the economy.
     Refer to the use of
    monetary instruments
     MONETARY
    through the Central Bank of
    POLICIES
    the Philippines, to influence
    the money in circulation.
     The way of life of the
    people.
    3. SOCIO-  They are made up of
    CULTURAL attitudes desires,
    ENVIRONMENT expectations, beliefs, degree
    of education and customs of
    the people.
     This comprises the
    innovations and
    4.
    TECHNOLOGICAL improvements in
    ENVIRONMENT methods, machines and
    materials.
     Technology has considerable
    impact on business by
    enhancing competitive
    4.
    TECHNOLOGICA provision of a variety of
    L products, efficiency of
    ENVIRONMENT
    products, mechanization and
    automation of the
    organizational system.
    PEST
    ANALYSIS
     P – OLITICAL
    PEST  E – CONOMIC
    ANALYSI  S – OCIAL
    S
     T - ECHNOLOGICAL
     Is a management method
    whereby an organization can
    PEST assess major external factors
    ANALYSIS that influence its operation in
    order to become more
    competitive in the market.
     S – TRENGTHS
    SWOT OR  W – EAKNESSES
    TOWS  O – PPORTUNITIES
    ANALYSIS
     T - HREATS
     These are factors found
    SWOT OR within the business
    TOWS
    ANALYSIS environment in which the
    organization operate.
     is a systematic
    identification of these
    SWOT OR factors and the strategy
    TOWS that reflects the best
    ANALYSIS
    combinations of these
    factors.
    SWOT OR
    TOWS
    ANALYSIS

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