The Walt Disney Company is a leading American diversified multinational entertainment and mass media conglomerate, headquartered in Burbank California. Euro Disney: The First 100 Days case study (referred as “Disney Euro” for purpose of this article) is a Harvard Business. This PEST analysis of the Walt Disney Company explains the political, economic, social, and technological aspects you likely aren’t aware of. Through the experience of a wishes com-ing true at Walt Disney World, children with critical illnesses and their families find the hope and joy needed to confront and overcome the challenges of tomorrow. Legal Factors +44 20 8123 2220 info@marketpublishers. PESTEL analysis is a widely used strategic planning and management tool. Question: pestle analysis of Disney plus. Disney+ Hotstar has several distinguishing traits that elevate it to the top tier of streaming services: 1. These external factors may influence the performance of the company. The PESTEL analysis airline industry can help them to have an idea about those conditions. operates in a complex and dynamic environment characterized by. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. Within PESTEL analysis, political factors exert a strong influence on the long-term sustainability and profitability of Disney in a Digital World Disney in 2001 - Distributing the Mouse. The U. looks to expand and leverage its competencies and core. Step - 4: Customize. Check out the PESTEL Analysis of Global Businesses. Competitive advantage of massive subscriber base. 1. PEST analysis is an analysis of the political, economic, social and technological factors in the external environment of an organization, which can affect its activities and performance. Iger announced the completion of his company's $4 billion acquisition of Lucasfilm Ltd. Detailed PESTEL Analysis of Pharmaceutical Industry. Walt Disney Porter’s Five Forces analysis covers the company’s competitive landscape as well as the factors affecting its sector. Political Factors. IKEA PESTEL Overview. Netflix PESTEL Analysis. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. 3. Aids and encourages the development of strategic thinking within your organization. How macro-environmental factors impact the growth and. Analîza PESTEL ya berfireh a Disney bistînin. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends. وينظر في العوامل السياسية والاقتصادية والاجتماعية والتكنولوجية والبيئية والقانونية. 819 billion dollars in 2020, and it has increased by 26. Mckinsey 7S / Strategy / MBA Resources. Specific examples. looks to expand and leverage its competencies and core capabilities, conducting the PESTEL. operates in a complex and dynamic environment characterized by regulatory changes,. Walt Disney Internet Group Japan s Dimo Project. Strategy planning process often requires five steps –. The application of PESTEL analysis can help Disney in China A. creates difficulties to regulate corporate expansion, based on the strategic relevance of growing markets in this part of the Disney PESTEL/PESTLE research. Political. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. A PESTLE analysis examines external market factors – including Political, Economic, Social, Technological, Legal, and Environmental – and market trends that might impact your organization’s direction, performance, and position in the marketplace. Disney is a multinational corporation producing media via its numerous studios worldwide, managing its large theme parks and other events/locations, conducting sales of merchandize, and running infrastructure to support all these elements. 24 Nov 2023. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and. By 2021, the social media business will have generated 51 billion dollars in total income. On the other hand, the external evaluation paradigms utilized include the PESTEL methodology. fAn Analysis of The Walt Disney Company Overview & History. Amazon is one of the most easily recognizable names in the world and has wide-reaching effects on how we consume many products. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. Political. 9% Prime Video is estimated to have 147 million global subscribers. Environmental. Disney+ Hotstar's video streaming platform is adaptable. 1 Strengths‚ Weaknesses - Competitors The Walt Disney company has beaten the S&P 500 for the past 16 years (3x) but has had problems to repeat the performance in the past 5 years. Step - 4: Customize. The PESTEL analysis is used to analyze the macro-environmental factors that influence decision-making and the ongoing of a business firm. PESTEL Analysis diagram requires you to add Political, Economic, Sociological, Technological, Legal, and Environmental content so that the reader will understand what influences an organization. Disney's PESTEL Analysis is essential for understanding the company's external environment. This is done in order to assess their influence on the. 000321The PESTEL analysis framework identifies the most significant factors in the firm’s remote or macro-environment. 1. The U. identify the major external environmental forces that shape the strategy and competitive landscape and support its strategic decision making process. The PESTEL Analysis of Disney in a Digital World D A Digital Decade Disney in 2003 and Beyond will take into account the most important aspects of the external environment that impact the business. The Walt Disney Company, every child’s dreamland while growing up (and also for some of us as adults), is one of the biggest franchises in the entire world. PESTEL Analysis. operates in a complex and dynamic environment characterized by regulatory changes,. 1. Political Factors. Weaknesses. In the PESTLE analysis model, regulatory requirements influence what firms can do, such as the extent of Alphabet’s use of online users’ personally identifiable information. Any. , and PESTLE analysis is a technique used to understand the impact of outside factors on a. 2. 1. Minimal payment for rights. PESTEL analysis is critical to understand the external threats & opportunities arising because of the. In this article, we will do a PESTEL Analysis of Disney. Shanghai Disneyland Authentically Disney and Distinctly Chinese. Posted by Zander Henry on Aug-22-2018. 1-р хэсэг. Importance of PESTEL Analysis in Strategy Management & Planning Process . PESTEL analysis is critical to understand the external threats & opportunities arising because of the macro environment developments. The PESTEL analysis, also known as the PEST, allows you to study your company’s global environment in order to make relevant business decisions. looks to expand and leverage its competencies and core capabilities, conducting the. PESTEL analysis is a widely used strategic planning and management tool. Contents Political factors: An opinionated chief executive Economic factors: Billions in revenue with more to come Social factors: Nostalgia everywhere Check this Disney PESTEL analysis to learn its political, ecological, social, technological,. Generally speaking, Disney is an entertainment-providing company. These external factors require the company to address issues in the industry, like political and technological factors. Effectiveness in addressing these issues raised. PESTLE analysis of a company can give an overview of the external factors that can impact the progress and development of a company. New movies: Disney is releasing a number of new movies in 2023, including “The Little Mermaid” (live-action), “Elemental,” and “Oppenheimer. Swot Disney Analysis. Disney Pestle Analysis In Powerpoint And Google Slides Cpb. The COVID-19 pandemic has had a devastating impact on people,. Provides a mechanism that enables your organization to. PESTLE ANALYSIS OF DISNEYLAND PARIS. 1. Approximately 223,000 people are working for the company. The firm initiating it was Tata. The PESTEL analysis acronym has just gone down in history. PESTEL Analysis. Coca Cola PESTEL Analysis. Wise executives carefully examine each of these six segments to identify. Disney’s Weaknesses . China is a major asset. PESTEL Analysis: A PESTEL analysis is usual ly used to evaluate the external factors . Search for jobs related to Pestel analysis disney or hire on the world's largest freelancing marketplace with 22m+ jobs. Strategy planning process often requires five steps –. The company can continue expanding its streaming services by creating new content and partnering with other. PESTEL is an acronym for Political, Economic, Social, Technological, Environmental, and Legal Analysis. Step - 4: Customize. The Walt Disney Company Investor Communications Strategy. Michael E. Walt Disney Case Analysis Pdf works under the guidelines and guidelines directed by federal government and food authority. For example, greater ease of. يعد تحليل PESTEL من Disney ضروريًا لفهم البيئة الخارجية للشركة. PEST analysis is an analysis of the political, economic, social and technological factors in the external environment of an organization, which can affect its activities and performance. The Pestel template is used to examine and analyze the macro environment of a company. The application of PESTEL analysis can help Disney in a Digital World B. Political Several political factors can impact the long term profitability of the Disney Company in any specific market. Step - 4: Customize. looks to expand and leverage its competencies and core capabilities, conducting the PESTEL analysis is imperative for. Analyze the Disney Iger external competitive environment to identify opportunities and threats. , Viacom Inc. . PESTEL stands for – Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. Please note that our free summary reports contain the SWOT and PESTLE table contents only. Walt Disney Pestel Analysis. 2. Social Technological 1. The PESTEL Analysis of Walt Disney Internet Group Japan s Dimo Project will take into account the most important aspects of the external environment that impact the business. 1. SWOT analysis Disney 4. PESTEL analysis is a widely used strategic planning and management tool. Porter in 1979. Hong Kong's Ocean Park: Taking on Disney case study PESTEL analysis includes macro environment factors that impact the overall business environment – Political, Economic, Social, Technological, Environmental, and Legal factors. The mass lockdown, the shutdown of parks and business, and social distancing have made things worse. These factors pertain to innovations in technology that may affect the operations of the industry and the market favorably or unfavorably. Getty Images. operates in a complex and dynamic environment characterized by. looks to expand and leverage its competencies and core capabilities, conducting the PESTEL. A PESTEL analysis is a strategic management framework used to examine the external macro-environmental factors that can impact an organization or industry. $ 37. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends. The use of advanced machines to create better content ensures growth opportunities for Disney (Detailed PESTEL Analysis of Disney | EdrawMax Online, n. Choosing the vision, mission and the reason of existence for Pixar Disney. Disney, or BP) may find it more useful to analyze one department of its company at a time with the PESTEL model, thus focusing on the. There are 3 steps to solve this one. Though the company boasts unparalleled brand recognition and enormous capital — as evidenced by the. Analyze the Disney Tentpole external competitive environment to identify opportunities and threats. 1. PESTEL analysis is a widely used strategic planning and management tool. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and. Legal. Hong Kong Disneyland (A): The Walt Disney Perspective case study PESTEL analysis includes macro environment factors that impact the overall business environment – Political, Economic, Social, Technological, Environmental, and Legal factors. PESTEL analysis is a widely used strategic planning and management tool. This PESTLE/PESTEL analysis of Meta identifies the external factors that influence the condition of Facebook’s remote or macro-environment. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. Disney & Pixar - M&A - Strategic and Competitive Analysis, Harvard. Provides a simple and easy-to-use framework for your analysis. Disney A From Disneyland to Disney World Learning the Art of Land Assembly. The customers have low switching costs, which lets them easily turn to the competitors (Brown, 2019). Recent research has shown that 75% of people worldwide use social networks. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market. 迪士尼可以识别对其业务的外部机会或威胁。. It caters to the luxury segment in Asia-Pacific with 95+ hotels and over 40,000 room inventory. Expert-verified. Аналіз Disney PESTEL необхідний для розуміння зовнішнього середовища компанії. For instance, the rights of intellectual property can affect the business. Continuous Video Playback. This article aims to give you a clear idea of how to apply the PESTEL analysis to your company through a real-life and free PESTEL example. Analisis PESTEL Disney adalah penting untuk memahami persekitaran luaran syarikat. The SWOT analysis for Fox Corporation is presented below in a table followed by the detailed analysis report. Case Description of The Walt Disney Company Case Study With 195,000 employees, operations in 45. operates in a complex and dynamic. Fundamental Company Report Including. 806 billion US dollars and it has boosted by 98. As Euro Disney The First 100 Days. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and behaviours. Disney must manage political landscapes that include varying political stability, laws, and policies. It is your unquestionably own become old to play a role reviewing habit. This PESTLE/PESTEL analysis has revealed. Another helpful tool that should be used in finding the case study solutions is the PESTEL analysis. The PESTEL Analysis of Disney in a Digital World Disney in 2001 - Distributing the Mouse will take into account the most important aspects of the external environment that impact the business. Key points from a PESTEL analysis can be incorporated into other industry. Perform a PESTEL and Five Forces analysis (do not copy from websites). Animated . Involves cross-functional skills and expertise. +1-775-747-7407 between 9am-5pm PST. Advantages. Some of the performance strategies can be seen on its SWOT Analysis. The Disney amusement parks focus on waste management by. Numerous aspects are taken into account as part of the PESTEL research for marketing Walt Disney's Lion King Park. The SWOT Analysis of Hotstar mentioned in this blog has brought out the main strength of the company which includes continuous video playback, smart search, content catalogue, extraordinary content and most importantly accessibility. BURBANK, Calif. 该分析对公司起着重要作用。. -Walt Disney, Wall Street Journal, Feb. Disney PESTEL analysis enables the company to identify the scope and threats in the potential market. The Walt Disney Company and Pixar Inc To Acquire or Not to Acquire Spanish Version. The PESTEL analysis of the Walt Disney has been done and it is very much useful to denote the issues they could face in their business. Marketing Operations Media Mix POEM Communication Effect Theory Capture value Financial Forecasts Controls 1 Situation Analysis 2 Brand Analysis 3 Strategic Objective 4 STP 5 USP 6 Marketing Mix 8 Budgets & Forecasts 9 ROI 10 KPIs. The ecological issues and trends identified in the PESTEL/PESTLE analysis of Walt Disney are partly dealt with through corporate social responsibility programs and initiatives for solving environmental problems. According to an estimate, the net profit of Netflix in 2020 was 2. The PESTEL / PEST Analysis of The Walt Disney Company and Pixar, Inc. Faktorek derveyî ya ku hûn dikarin pê re rû bi rû bibin piştgirîya parastina milkê rewşenbîrî ye. PESTEL analysis of a company shows how the factors like politics, economy, sociology, technology, environment, and law can accelerate or decelerate the development of a company. The trends and market conditions outlined in the PESTEL/PESTLE analysis of Walt Disney also relate to the external analysis (opportunities and threats) shown in. The next given political factors influence the business. Walt Disney s Sale of ABC Radio Structuring a Tax-Efficient Divestiture. These political factors shape trade relations and the access of the public to the entertainment business. Disney PESTEL Analysis. 2 Application of PESTEL to Disney in China A. 19%. Corporate Strategy/Business Strategy/International Strategy. As Disney in a Digital World B. The PESTEL / PEST Analysis of Walt Disney will cover all macro environment factors that impact Broadcasting & Cable TV - political factors, economic factors, social factors,. Michael E. PESTEL Analysis diagram requires you to add Political, Economic, Sociological, Technological, Legal, and Environmental content so that the reader will understand what influences an organization. 1. SWOT Analysis SOAR Analysis VRIO Analysis PESTEL Analysis Porter’s Five Forces DESTEP Template VMOST Template 7Ps Template SMART Template STP Template 7S McKinsey Template STEEPLE. 19%. Faktor luaran ini boleh mempengaruhi prestasi syarikat. Definition. Shangri-La is best known for its Asian style hospitality. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and behaviours. The article also includes Walt Disney target market, segmentation, positioning & Unique Selling Proposition (USP). However, the annual revenue of the company was 23. This is the detailed PESTLE/PESTLE Analysis of Walt Disney which explains the external factors impacting the entertainment Company and Industry; Political, Economical, Social, Technological, Environmental and Legal. competition with other industry giants like Disney +, and Amazon Prime. Back in 2011, the company fired a comedian when he. Disney has several opportunities that it can leverage to continue its growth and success, including: Expanding its streaming services: Disney+ has been a successful addition to Disney’s business. Disney Pestel Analysis. You will find here the IKEA 2023 PESTEL example. com According to an estimate, Disney has lost more than 700 million dollars during the pandemic year of covid-19. Right now, We will present the results of our research about the Twitter macro environment. Amazon PESTLE Analysis. 2. Swot analysis 7. Disney PESTEL Analysis. PESTEL is broken down into six categories referencing factors that can or will affect the topic chosen for the analysis. PESTEL analysis is critical to understand the external threats & opportunities arising because of the macro environment developments. The Disney in China A PESTEL Analysis will look at the external factors – political, economic, social, technological, environmental, and legal. Even though politics are not directly affected by the platform’s services, the political environment does indirectly affect growing businesses in today’s world (Sturgill, 2019). Disney-Pixar. Disney can identify external opportunities or. Value chain analysis. operates in a complex and dynamic environment characterized. For example, the company’s cultural traits motivate employees, also known as “cast members,” to focus on providing the best entertainment experiences to customers, who the company refers to as “guests. With the increased competition for subscribers and viewership, companies need to be aware of their strengths and weaknesses to face the challenges posed by powerful rivals. In Burger King’s case, these external factors include the influences of governmental and nongovernmental organizations, as well as trends or changes in technologies, among others. Music personalization and recommended feeds based on user preferences through machine learning. The Walt Disney Company PESTEL analysis is a strategic tool to analyze the macro environment of the organization. 2. looks to expand and leverage its competencies and core. Who are the experts? Experts have been vetted by Chegg as specialists in this subject. A SWOT analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats of a business, project, or individual. The PESTEL Analysis of Shanghai Disneyland Authentically Disney and Distinctly Chinese will take into account the most important aspects of the external environment that impact the business. 48%. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Slide 1 of 6 Economic Factors Pestle In. The PESTEL Analysis of HONG KONG S OCEAN PARK TAKING ON DISNEY REVISED will take into account the most important aspects of the external environment that impact the business. Faktora Siyasî. Limited consumer goods business operations. An appropriate method of investigating and evaluating the environment is through a PESTEL analysis, which gives a well-rounded frame of reference to start from. PESTEL or PESTLE, which adds legal and environmental factors. The Walt Disney Company’s Organizational Structure Type &. Key Takeaways The main focal point of this write-up is the PESTEL Analysis of the Fashion Industry. PESTEL analysis Nike helps to identify those possible legal problems that can crop up are: The case of false discounts offered by Nike is a legal issue that also deteriorates the relation of the company with its valued customers. identify the major external environmental forces that shape the strategy and competitive landscape and support its strategic decision making process. The changes are Political,. Deel 1. They are: P olitical. You will find here the IKEA 2023 PESTEL example. PESTLE Analysis of Walt Disney examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. These external factors may influence the performance of the company. Disney has been on the list of top ten companies by Fortune many times. Джейд Моралес 15 червня 2023 р Знання. Published on 2021-07-02. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. The PESTEL Analysis of Michael Ovitz and The Walt Disney Co A will take into account the most important aspects of the external environment that impact the business. Weaknesses. PESTEL analysis is mainly the assessment of macro environment factors. 585 billion (2020) 3. It is important to note that the Disney Style 1995 PESTEL Analysis will be market specific, and the implications of the factors change for a company when the market changes. E nvironmental. PESTEL analysis is one important tool that executives can rely on to organize factors within the general environment and to identify how these factors influence industries and the firms within them. Threat of New Entrants. Disney. The application of PESTEL analysis can help Disney Theme Parks Mickey Goes to China. 48%. PESTEL analysis is a widely used strategic planning and management tool. It is important to note that the Disney-Pixar PESTEL Analysis will be market specific, and the implications of the factors change for a company when the market changes. 3. It works similar to the SWOT analysis that evaluates the internal factors to determine the growth opportunities of an organization. For this reason, we will examine the political, economic, social, technological, ecological, and legal influences on Facebook’s performance. WALT DISNEY CO. Disney-Pixar. Jul 23, 2021 by Abdul Momin. Tesla PESTEL Analysis. , cloud computing, and AI. 2. The complete report for The Walt Disney Company SWOT & PESTLE Analysis is a paid. Introduction The PESTEL analysis is a crucial component of management studies. PESTEL is an. Net Income. 7 million subscribers, while Amazon AMZN +1. the Disney purchase, Disney also viewed Marvel as a strategic fit and a great benefit to the companys portfolio ( alandro, 2010, p. Porter’s Five Forces Analysis model is a managerial tool for understanding the. 3. Like the SWOT analysis and the five competitive forces model of Michael Porter, the PESTEL analysis is one of. The PESTLE analysis can show the impact of political, economic, social. They say go woke go broke. 1. A country going through inflation, the buying power if the costumers will be less and thus the business of DHL will also decrease. Provide a summary Five Forces analysis of your Walt Disney's industry environment Competition, consumer negotiation power and danger of substitution are the. PESTLE Analysis of Bosch examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. 3. Edit Online. T echnological. Amazon’s performance relates to the issues shown in this PESTEL/PESTLE analysis of the business and its remote or macro-environment. PESTLE covers 6 factors political, economic, social, technological, legal and environmental to analyse a company. How macro-environmental factors impact the growth and. PESTLE Analysis of Walt. Disney+ has a strong . India got its first airline in 1932. 2. Definition. 2. The PESTEL Analysis of Disney C The Mouse in Times Square will take into account the most important aspects of the external environment that impact the business. The Disney PESTEL Analysis will look at the external factors – political, economic, social, technological, environmental, and legal. The company was so depended on Walt Disney for creativity and no one could fill this void. 2. There are different external components like politics, economy, society, technology, ecology, and law, which can influence the sales of the automotive industry. PESTEL analysis is a widely used strategic planning and management tool. PESTEL Analysis is a strategic management tool that Walt Disney strategy makers can use to make better decisions. This is the detailed PESTLE/PESTLE Analysis of Walt Disney which explains the external factors impacting the entertainment Company and Industry; Political, Economical, Social,. The political environment of a region is one of the essential. As Disney in a Digital World A. Options suggested for. This component of the PESTEL/PESTLE analysis of Disney accounts for technologies used in entertainment and mass media production, as well as those used to develop Disneyland theme parks and resorts. Faktor eksternal tersebut dapat mempengaruhi kinerja perusahaan. looks to expand and leverage its competencies and core capabilities, conducting the PESTEL analysis is. Some of the company’s top competitors are; Yes, there is life after disney: dic president bob brooks relied on investment banking background to cut deal that released his company from the ties that bound it to the Walt Disney co. 4. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. As Walt Disney. This PEST analysis of the Walt Disney Company explains the political, economic, social, and technological aspects you likely aren’t aware of. However, the company is also affected by a number of external factors which may be beneficial or harmful to its overarching goal of. Opportunities. The PESTEL analysis is used to analyze the macro-environmental factors that influence decision-making and the ongoing of a business firm. The external elements that influence customers’ passion in Disney’s situation include picking between firms and items in the industrial environment (Aylor, 2016). which explains the external factors impacting the. PESTEL analysis of Twitter, Inc 2023. 819 billion dollars in 2020, and it has increased by 26. They are outside the control of your organization 2. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and. Disney was not in the lecture business, back then it was only there to pander to one group the majority of the world's children who just wanted to be transported into a wonderful world of entertainment. strengths, weaknesses, opportunities, and threats that could be very crucial for the company’s future strategic planning. The PESTEL Analysis of Creativity and Culture at Pixar and Disney A Comparison will take into account the most important aspects of the external environment that impact the business. Macro-trend for organizations to seek and purchase cloud computing products. 220,000 (2022) Main Competitors. As technology’s impact on our society grows, the two. PESTEL Analysis of Disney A. They are: P olitical. identify the major external environmental forces that shape the strategy and competitive landscape and support its strategic decision making process. BURBANK, Calif. The Wonderful World of Human Resources at Disney. It faces many traditional risks of any entertainment company as non-essential and. Founded in 1923,. Economic Factors 9. PESTEL encompasses the most relevant factors that affect a business. 10. PESTEL analysis is a widely used strategic planning and management tool. 2. Political Factors. Asa Griggs Candler, John Stith Pemberton. Introduction 2. Free Essays on Pestle Analysis Of Disney . , Time Warner Inc. Saving Disney. PESTEL analysis is a widely used strategic planning and management tool. Filter Results. Disney is facing certain opportunities as well as threats prevalent in the business environment of the entertainment industry. It is one of the most widely used strategic planning and management tools that help management in assessing the impact of different environmental factors on the business and identifying the threats and. 199.