Use the slept framework to analyse

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Use the slept framework to analyse

How to Write a Summary of an Article? To complete this assessment task, you must: Use the SLEPT framework to analyse the current external business environment for issues that may affect your company.

Attach this in the Appendix. No word limit for this section. Drawing on your analysis of the external business environment, explain and justify the three most important issues currently facing your company.

Word limit is words for this section. Work submitted that exceeds the word limit may be penalised on the basis of failure to demonstrate academic discipline. It should not be used to supplement your essay so that more words can be squeezed into your assignment!

In other words, a poorly written essay with a fantastic appendix is not going to achieve a good grade. Referencing To get a good grade, your discussion must be underpinned by a wide selection of secondary sources and academic materials e.

All work must be fully referenced preferably using the Harvard Referencing System to acknowledge sources used or consulted for the production of your report otherwise it would be considered as plagiarism. Correct referencing is a vital skill you will need to master for any academic writing.

This kind of practice does not encourage deep learning. Deep learning can only come about if you invest time and effort into in-depth reading in original sources. A Use the SLEPT framework to analyse the current external business environment for issues that may affect your company.

I will be using SLEPT in order to analyze the external business environment for key issues that may affect my hi-fi firm. The company does compete internationally, however its main trade mainly takes place within the UK.

The market is estimated to be worth? The growth of the market for portable music players and, more recently, for home docking stations has offset a decline in home hi-fi system sales. The arrival of the iPod marked a sea change in the audio equipment market. Sales of MP3 players have grown dramatically at the expense of other portable music players, especially CD players.

In the home, CDs remain the dominant format but are increasingly played on PCs and laptops — this change has adversely impacted the sale of conventional home audio equipment Mintel.

PESTEL stands for:

SLEPT framework is used to analyze the current external business environment for issues affecting a business such as Rich Sounds. The luxury hi-fi market has many external influences which can affect it. Development in technology has meant that smaller and sleeker devices such as iPods are selling instead of traditional hi-fi systems.

Advances in technology, for example advertising has hugely helped the growing sales in the hi-fi market. Many electronics companies tend to have huge celebrity endorsements which in return boost their sales as people nowadays tend to favour electronics which are advertised by celebrities and follow the trend.

It is said that companies such as Rich Sounds need to spend at least?

Mind Tools for Your Organization

Mintel Also more and more people tend to download their music nowadays and this means an increase in competition for Rich Sounds as more people would buy computers and laptops rather than hi-fis.

Ownership of PCs has now reached high levels and the majority of consumers are accessing the Internet at least once a week at home. The credit crunch has also reduced the amount of affluent people and this means it could reduce the market size and this means Rich Sounds could become more competitive.

It could be said that spending on repairs has fallen dramatically over the last five years, as lower product prices mean it is often more cost-efficient to replace than repair.Jun 27,  · SWOT and PESTLE analyses are useful tools for decision-makers when evaluating the pros and cons of a project or initiative.

The analysis can . In this post we will be looking at the PESTEL Analysis in a bit more detail. A PESTEL analysis is a framework or tool used by marketers to analyse and monitor the macro-environmental (external marketing environment) factors that have an impact on an organisation.

* Occupational categories are, in part, adapted from those used by the US Department of Labor, Bureau of Labor Statistics.

A segment of the health sector (unfortunately, often too small and under-resourced in most communities) is devoted to direct and indirect preventive services. Use the Slept Framework to Analyse the Current External Business A.

Use the slept framework to analyse

Written Report (25%) You are required to analyse the business environment of a UK based manufacturer of a . Erik Erikson (), famous German-American psychotherapist, was born in Frankfurt, his biological father was a Dane remained unnamed, his mother, Karla Abrahamsen, was a young Jewish woman, who married three years after Erik's birth Dr.

Theodor Homberger. SLEPT analysis is a framework to assess an organization’s external environmental influence on it. It considers five factors affecting the macro-environment - Social, Legal, Economic, Political and Technological (hence the mnemonic SLEPT).

Use the Slept Framework to Analyse the Current External Business | Free Essays -