Business Environment Essay

This paper analyses the business environment in which the UK Commercial Property Trust Limited operates. In order to carry out a comprehensive analysis of the business environment, the rest of the paper is organized in two sections. The first will analyses the macro-environment of the organization with regard to the CARS & CARS Analysis (economic, education, and demographic factors). The second section will examine the micromanagement in which the organization operates with regard to the P. E. S. T.

L (political and legal factors,social factors,technological factors, and environmental actors ) Analysis. The micromanagement Is the Immediate environment of the organization’s Interaction with the external environment, and with the use of the P. E. S. T. L analysis provides a relationship of the external environment with the internal environment. Because of the limited availability of documented and accessible information on this company, this section will have relatively limited analysis. Then the paper will finish with a conclusion.

CARS & CARS Analysts Educational Factors Analysis of educational factors in an organization’s environment helps to ascertain he competence of the general population, which form the workforce, or potentially form the workforce. In UK Commercial Property Trust’s external environment, the school enrolment, as well as, enrolment in tertiary learning institutions. In fact, the country is the world leader in the quality of managing schools. Education is enhanced by the availability of research and training services. Furthermore, extensive training of school staff ensures continual improvement of the quality of the education system.

Last is that education immensely uses technology, which facilitates earning and understanding. Therefore, KEPT has easy access to competent staff in the local market (Schwab, 2012). Demographic Factors Demographic factors of the population in the organization’s environment have emerged as a vital aspect of the organization’s external environment. In Suspect’s external environment, the population constitutes of 65. 3 million people, and 80 percent of them live in urban areas. Sex ratio is 0. 99 males to female. Life expectancy is 80 years, and 99 percent of the population is literate.

Moreover, the industry prospects, as well as, the GAP growth projections indicate a consistent Roth of about 1. 1 percent during the next few years (TAB, 2012; USC, 2012). P. E. S. T. L Political/Legal Factors Concerning the political factors, UK Commercial Property Trust’s environment is a politically stable region. It has been stable politically for a long time, which has seen most of the businesses in the country prosper relative to other factors. The leader of the country is Queen Elizabeth II while the leader of government is the Prime Minister. The stability of the country is partly due to its heavy investment in security.

In addition, the country is the founding member of NATO, which has been responsible in trying to stabilize other regions in the world that are unstable through military action (TAB, 2012). Suspect’s legal environment is highly developed with respect to the business in the country and investment by people from all over the world. In the environment, director liability, as well as, shareholder suits is possible. In addition, legal remedies such as payment of damages, fines, profits repayments, imprisonment, and rescission of transactions, among others, are applicable legally. Ugly developed legal system ensures that investor protection index is high. Likewise, the legal system ensures protections of patents and intellectual property (TAB, 2012; USC, 2012). Social Factors Diversity transcends the social factors of the I-J Commercial Property Trust’s external business environment. In that regard, the social environment of the organization is a multicultural environment, although the Britons are the native people in the country. The environment is also characterized by high secularism in which many people did not conform to any particular religion.

In addition, the culture of consumerism or materialism is high in this country. Furthermore, the country national culture is highly individualistic in the sense that people measure success in terms of personal achievement rather than collective achievement of the societal members (Heathery, 2006). Technological Factors I-J Commercial Property Trust’s technologies are advanced and up-to-date with regard to technological factors. The country is at the forefront of developing innovative technologies, which aim at making business transactions simpler and easier than before.

Therefore, the organization is access to the latest technology. The proximity of the organization to institutions that develop technology enables its absorption of technology to be high. In addition, the country features in one of the highest percentage internet use by individuals. Furthermore, broadband connectivity and subscriptions are high. The organization does not Just use technology in the transactions, but also use modern technology in the development of its properties, as well as, in upgrading old properties to attain the modern status (Schwab, 2012). Environmental Factors