StudentShare solutions
Triangle menu

PESTLE Analisys - Essay Example

Nobody downloaded yet

Extract of sample
PESTLE Analisys

There is minimal political interference since the company deals with entertainment products. Though, the government once ordered the CDs produced by HMV to be investigated. This is simply because the company was making too much profit that led to a rise in suspicions of the eligibility of the CDs. Economically, several factors pose a great effect on the company. The crash on the company finances due to the acquisition of Waterston’s agency had a severe impact. The company’s shares performed poorly in the London stock exchange. The great impact made the company to have a partial closure. The unstable currency in the past recession years had a great impact on the company’s economy. This is because currency exchange from the signed deals produced futile results. Another factor that greatly affects the economy of HMV is the decline in the company’s performance in 2009.This affected the market as many customers felt that the company did not offer the best. The overall decline in the entertainment industry by 3.4% in 2008 had diverse effects on the company too. Firms in other countries working under the brand name of HMV contribute revenue to the company empowering it economically. The sales revenue of the company rose by 3.1% in 2010. This increased popularity of the brand and the cash inflow. On the sect of social factors, change in consumer demands or else lifestyle changes affects the company. This is whereby the customers drift their demand from one product completely to the other. If there were large stocks of the product, the company may experience a loss. It is mostly brought about by celebrities and other influential people. Advertising these items on a more apparent note helps to adhere to the lifestyle changes by reducing stock. The tapping of music and entertainment is another social factor. Most people can easily burn personal CDs posing a great challenge on the markets of HMV. They can also transfer music from one device to the other without necessarily purchasing it. On the technology trends, several factors are considered. These include; Online business. Most of the music and computer games can be sold online. This is in line with business protection. The use of DVD s may not be applicable anymore since the sale of music can be easily done through the internet. The company can direct its focus on dealing with such issues to keep up with the pace of the fast developing technology.HMV has created a website whereby it sells its products through an online market. Another one is filming technology. There is the use of high filming technology that provides a live coverage of events. It can be used to record live performances of celebrities. The performances can be sold online for example through YouTube. This easily copes the growing technology. The company also utilizes the social media sites, for example face book. These sites can be used as advertisement centres. This is because they can be accessed by a large number of people. The various products offered by the company are displayed to the customers giving updates on the trending issues (Adams, J. L, 2002, 44). There are ecological factors that can be depicted. The shift from plastic DVDs to using the internet in order to protect the environment is a considerate factor. The plastic CDs that are not re-used but instead disposed off, can affect the environment since they are non-biodegradable. The cost of purchasing CDs is higher than that of selling music ...Show more

Summary

PESTLE ANALYSIS By name: Course: Instructor: Institution: City and state of institution: Date: Pestle Analysis of His Master’s Voice Company “PESTLE Analysis” describes the political, economic, social, technological, legal and ecological factors within the company and how they affect it…
Author : legroswava
PESTLE Analisys essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"PESTLE Analisys"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

PESTLE and life Cycle analysis
This definition can be considered to be rigid but it can be said that this definition is a bit vague because it does not describe the exact power of the organization upon its stakeholder or vice versa. There are many other methods that can be used to analyze the power of any particular stakeholder or any particular stakeholder group, one of these methods was suggested by Mendelow, known as the Stakeholder mapping.
8 pages (2000 words) Essay
PESTLE and Marketing Strategies
Nestle is known for understanding its local environment and designing local marketing strategies that effectively target the market. Needham and Dransfield (2000) stress the role of external scanning in devising effective marketing strategies: “Examining the business environment helps an organisation develop appropriate marketing strategies, including the marketing mix” (p.305).
6 pages (1500 words) Essay
Tesco Company Pestle Analysis
Cohen inaugurated his first store in 1929 in Edgware’s Burnt Oak in Middlesex. Floated in 1947 for the first time in the London stock Exchange under the name Tesco Stores Limited, a store dealing in self service was opened in the year 1956 in St Albans.
8 pages (2000 words) Essay
Introduction to business, macro environmental factors (PESTLE)
The group was originally an amalgam of Borders bookstores and Walden reality segment which made it have its operations extended in music retail industry as well. The reality segment itself consisted of airport stores and other small stores opened at various locations in US, Europe, Australia and Singapore.
8 pages (2000 words) Essay
PESTLE analysis of Gazprom
It is one of the biggest gas companies with the share price of 135.82 RUB (Bloomberg, 2013; Victor, 2008). In terms of present estimates made, Gazprom is lacking behind from the Arab countries only in the deliverance of oil and gases. In order to gain decisive market share, it operates, produces and explores gas in the Russian Federation and European countries.
6 pages (1500 words) Essay
Pestle for contemporary issues
If the political environment amongst two neighbours encourages friendly policies there’s bound to be increase in people to people contact, political understanding, business deals etc. which directly or
2 pages (500 words) Essay
Banking sector ( PESTLE and SWOT analysis)
The bank has integrated its investment banking, wealth management and asset management services with the Swiss operations to provide high
13 pages (3250 words) Essay
PESTLE and life Cycle analysis
This definition can be considered to be rigid but it can be said that this definition is a bit vague because it does not describe the exact power of the organization upon its
8 pages (2000 words) Essay
Write a PESTLE analysis about HMV
HMV could perhaps be adapting to this new environment late. The political environment in the UK is known to be run under a constitutional monarchy (Parliamentary Office of Science and
2 pages (500 words) Essay
HR Analisys
This organization should fix most of its HR practices because some of them are either not in place, not defined, or not carried out effectively. As the HR manager, it is vital to understand that HR management aspects have numerous roles that influence the
3 pages (750 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment
Contact Us