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 actors, and environmental factors ) Analysis. The micromanagement is the immediate nevi ornament 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 Analysis Educational Factors Analysis Of educational factors in an organization’s environment helps to ascertain the competence of the general population, which form the workforce, or potentially form the workforce. In I-J Commercial Property Trust’s external environment, the standards of education are high, evident by the high primary and secondary level 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 yester. Last is that education immensely uses technology, which facilitates learning 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 Locket’s external environment, the population constitutes of 65. 3 million people, and 80 percent of them live in urban areas. Sex ratio is 0. 9 males to female. Life expectancy is 80 years, and 99 percent of the population is literate. The population grows at a rate of 0. 553 percent. Moreover, the population is an ageing population, which has a median age of 40 years (Schwab, 2012). Economic Factors In the area of economic factors, the region has achieved substantial milestones. The country is an COED high-income country with a IN per capita of 37,780 US dollars. This means that KEPT has to offer employees a considerably attractive salary to get a hold of the best workforce in the country. Additionally, the country’s Gross Domestic Product (GAP) is 2,417. Billion dollars, which shows that businesses in the environment, such as KEPT, realize considerable revenues. The business environment is the seventh largest world economy, as well as, the second largest European economy, which means the ELICIT has a relatively large market to serve. The organization’s advantage is compounded by the fact that it is in a business environment, which is a leading international trading power, which is highly developed, and market-based economy. The economic activities of the organization are facilitated by a developed financial and commercial property market.
Moreover, the industry prospects, as well as, the GAP growth rejections indicate a consistent growth of about 1. 1 percent during the next few years (MBA, 2012; USC, 2012). P. E. S. T. Political/Legal Factors Concerning the political factors, I-J Commercial Property Trusts 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 (TUB, 2012). Cockpit’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. Furthermore, accessing legal documents during trial is permitted.
The country’s highly developed legal system ensures that investor protection index is high. Likewise, the legal system ensures protections of patents and intellectual property (NIB, 201 2; USC, 2012). Social Factors Diversity transcends the social factors of the UK 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’s 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 ILK 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 ramifications 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 Environmental factors regard the effects of political and social factors on the business environment.
With that said, the environmental factors include the following. First is that the organization encourages the adoption and use of energy efficient, as well as, environment friendly materials in the development of commercial properties. Secondly, many multinational firms is a politically stable region. Has seen most to the busier factors. The leader of the c government is the Prime Mi its heavy investment in sec member of NATO, which ha sessions in the world that aft Suspect’s legal environment the country and investment environment, director liability addition, legal remedies such repayments, imprisonment, applicable legally.
Furthers per:united. The country’s hit protection Index is high. Ilk patents and intellectual pro Diversity transcends the Soc external business environs organization is a multicultural native people in the country secularism in which many p In addition, the culture to Furthermore, the country’s sense that people measure than collective achievement UK Commercial Property Try with regard to technological evolving innovative tech transactions simpler and EAI access to the latest techno( institutions (hat develop etc be high.
In addition, the COOL internet use by individuals. Subscriptions are high. The transactions, but also use n- properties. As well as, in pulp (Schwab, 2012). Environment environmental factors regard business environment. With following* First is that the 01 energy efficient, as well as, development of commercial exist in the organization’s external business nevi location. Additionally, the production Of high quo conforming to legal aspects and customer ape NIB, 2012). Conclusion UK Commercial Property Trust has been in the for only 6 years beginning the year 2006.
However. Share through acquisition, as well as, organic gar organization’s external business environment (IT & CARS and P. E. S. T. L Analysis ,reveals that KEPT market with relatively low growth prospects. Hoi, through acquisition, which serves to increase its tremendously. UK Commercial Property Trust’s the presence of strengths and weaknesses in the environment, and opportunities and threats in it However, the information is limited because of lie information about the company online. References Brown M. (2012).