Stategic Management

Q1. Select a company of your choice. Explain how politico-legal factors have created an opportunity as well as constraint for that particular industry or a business organization.

The organisation I am referring to, was facing a problem of declining sales/ market share for 2 consecutive year.

-a large manufacturer/ marketer of safety products

-the products are used as [personal protection safety] [ industrial safety]

-the products are distributed through the distributors as well as sold directly

-the products are sold to various industries like mining/fireservices/defence/

as well as to various manufacturing companies.

-the company employs about 235 people.

-the company has the following functional departments: *marketing, *manufacturing, *sales, *finance/ administration, *human resource,

*customer service, *distribution, *warehousing/ transportation, *TQM

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THE COMPANY ANALYSES THE FOLLOWING DATABASE AND APPLYS THE PROBLEM SOLVING/ DECISION MAKING APPROACH/FINALIZES THE PLAN.

-apply the pestel analysis with respect TO ITS BUSINESS

1.Political (incl. Legal)

-Environmental regulations and protection

ENFORCEMENT OF SAFETY /PROTECTION LAWS

-Tax policies

TAX INCENTIVES FOR THE USE OF PERSONAL SAFETY

PRODUCTS.

-International trade regulations and restrictions

REDUCTION IN TARIFFS ON IMPORTS OF

PERSONAL SAFETY PRODUCTS.

-Contract enforcement law/Consumer protection

The government enforcement on consumer protection

-Competition regulation

NO LIMITS ON COMPETITION

-Safety regulations

the government adopted some of the

modern safety regulations

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2.Economic

-Economic growth

SOUND ECONOMIC GROWTH

-Interest rates & monetary policies

interest rates under control / a sound monetary policies]...