Diploma Management Individual Assignment

2.0 Political Environment

2.1 Government Stability Ask the following questions for relevancy for every component you analyse.

a. Is the information relevant to Winegold?

b. If yes, then is it positive or negative?

c. If no, then redo your research i.e. your information is irrelevant Irrelevant information is usually descriptive .

2.2 Government Relations

2.3 Analysis

3.0 Legal Environment

3.1 Business Laws

3.2 Labour Laws

3.3 Analysis

4.0 Economic Environment

4.1 Currency Exchange Rate

4.2 Economic trends/forecast

4.3 Analysis

6.0 Technological Environment

6.1 Technological Infrastructure

6.2 Communication Networks

6.3 Analysis

5.0 Socio-cultural Environment

2.1, 3.1, 4.1, 6.1 Components of political, legal, economic, technological environments

2.2, 3.2, 4.2, 6.2 Components of political, legal, economic, technological environments

2.3, 3.3, 4.3, 6.3 Analysis Opportunity “O” or Threat “T”

Sweden political environment

Sweden legal environment

Etc.

Analysing the components of that environment

Research/search: key words

2.0 Political environment

Sweden government stability (2.1) +

Sweden government relations with Australia (2.2) +

Analysis (2.3) O

1,500 word 1,350 < x < 1,650 50% - 750 words

3.0 Legal Environment

Sweden Business Laws (3.1) +

Sweden Labour Laws Australia (3.2) +

Analysis (3.3) O

4.0 Economic Environment

Sweden currency exchange rate Australia (4.1) + Swedish krona

Sweden economic trends/forecasts (4.2) –

Find a third component to analyse

Sweden inflation rate -

Analysis (4.4) T

6.0 Technological Environment

Sweden technological infrastructure (6.1) +

Sweden communication networks (6.2) +

Analysis (6.3) O

2.3, 3.3, 4.3, 6.3 Opportunity (O) or Threat (T)

Socio-cultural environment O

4Os 1T - Yes or

3Os 2Ts – Yes or

2Os 3Ts – No or

4Ts 1O - No

SWOT – Strengths, Weaknesses, Opportunities, Threats

Conclusion

Yes – yes, invest

No – no, don’t invest

Wait – yes invest, but not now, maybe 2 years later when Covid situation is over & when economy becomes better

Relevant information

Any information that’ll lead you to a conclusion or recommendation (yes, no or wait)

Research: Capture INFORMATION & SOURCE (IS)