Business Analysis
Complete a STEEPLE analysis, and use this as the basis to critically analyse how organisations are shaped and developed in response to the internal and external environmental and competitive market factors.
Guidance for Assessment 2
S T E E P L E
Social Technological Economic Environmental Political Legal Ethical
A STEEPLE analysis is a concept used to scrutinise the macro-environment factors of a business to help organisations make informed competitive and strategic decisions. By understanding these environments, organisations can maximise their business opportunities and minimize any perceived threats to their organisation.
All published sources used should be acknowledged and correctly referenced, using the Harvard referencing system.
Part 1:
You are required to complete a STEEPLE analysis for your chosen organisation. Note the STEEPLE analysis is not included in the assignment word count.
Part 2:
Using the findings from your STEEPLE analysis, identify 3 key factors that would have the most impact (either good or bad) on your organisation, and critically analyse how organisations are shaped and developed in response to these factors, to support the internal and external business environment.
