Business Process: Intersections In Economics

Describe about the Term for Business Process of Intersections in Economics.

 

Introduction:

The report highlights comprehensive evaluation of based upon the PESTLE analysis favoring both the external environment. The organization is said to be leader in the telecommunication unless it understands the innovating technology. Therefore, preserving and maintaining the fairly demand elasticity of price leads to advantageous position of business cycle.  

The report intends to show the various types of the external factors in accordance with the requirement of the business.  The external analyses of the report are based on the PESTEL analysis which shows the positive political climate in the country. As stated by Cook et al.(2016) The several other positive external factor responsible for the business includes positive technological climate, environmental climate and the present legal climate of Australia which are observed to be favorable for the doing the business in Australia. The report highlights the various type of the positive aspects related to the present free trade policies by the Australian Government.

The project also takes into account the competitive analysis forces in the industry to that may limit the organization to generate profit. In addition to this the project also undertakes and identifies the relevance of external factors along with the implications of the external factors to comply with the digital market needs.

Reference List:

Cook, N., Davison, A. and Crabtree, L. eds., 2016. Housing and Home Unbound: Intersections in Economics, Environment and Politics in Australia. Routledge.