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When company involve with the various activity as per their occupation so at that movement business owner do various things in which exchange of goods and ideas are included in this. In addition to that business may be profitable and non- profitable that is run by the public and private entity. Business indicate the whole market sector in which they encompasses various activity. In this business person use various activity that assist to manage their work in a effective manner. A business person must focus on the legal things, accounting and managing human resource in effective manner (Bryman and Bell, 2015).
Present report is based on the MicroMode Medical Limited and it is a hospitality industry that has to be a concerning with the business and its activity. In this management now evaluate micro and macro environment for the better understanding. In addition to that this will be assist to manage their business activity in a effective manner (Carroll and Buchholtz, 2014).
When business owner think to establish new things and use to develop new products at that movement individual has to use pestle analysis for systematic study. In addition to that company has to grow in the market and for the same a systematic study is needed and for the same external analysis is dome by the marketing manager of Micromode Medical Limited. For this management focus on the various critical review that might assist to manage the work in a effective manner. Here various factors are listed as follows that assist to manage the work in a effective manner (Myers, 2013).
Political Factor: In the Netherlander is a place where various opportunities are always accepted to develop and innovate them self with the safe environment. Netherlander is a country who having well establish system in which coordination is always create matter. Management of the country is strong because of its powerful authorities and transparency. If the country having well government executes at that time working will become more effective as well. Local people of the nether land is happy because of their rules and regulations are set in these manner which leads to the lots of freedom. These freedom assist to develop them in a effective manner (Davenport and Beck, 2013). As per the law entities that all are already establish in the country not having power to change or update this . So that level of corruption become less in this. In addition to that management of these companies are not deal with the Europe in which no export and import is allowed in this (Ferrell and Fraedrich, 2015).
Economic Factor: Economic system of the nether land is quite good as compare to the Europe and this is because management of the country use only 19 % VAT charges. In this Euro is one more important factor its about currency is also Euro. In this people can go easy in the abroad their no currency exchange problem is not facing by them. Economy is also good because of its good labour level. So that various international companies come and set with the work that leads to the effective manner (Bernstein, 2015). In addition to that infrastructure of the company is also good that comes to the various points that must be concerning with each other. So the moreover all work will be more effective as well as its effectiveness is also one more strong point that has to be concern with the each and every one (Pestle, Crowley and Weirauch, 2014).
Socio-Culture Factor: In this theory management of the country must focus on the religious one. In addition to that country having their own way of working in which they focus on the various languages as well as working perfection. In addition to that a safe and secure work will be assist to manage so that this will be assist to mane their business in a effective manner. In addition to that business person also focus on the Demography that means work will be effective and originates in effective manner (Team, 2013). It is also important that people of Dutch are very humble with the complex relation that assist to manage it in a effective manner. So entity also use this effectiveness with the working that assist to manage this is as effective as it is (Pestle and Colvard, 2012).
Technological: Business entity must use technological factor towards the development. In this management of the contrary has to focus on the each and every point that leads to work with the passion as well as its effectiveness is also seen in this. In this a systematic overview is done by the management of the medical sector in three different part. In the first revolution they develop steam related work that has to manage its effectiveness. In addition to that management of the company also focus on the best part of the work that has to manage it in a effective way. Country use second revolution on the electricity (Wei, Wang and Mei, 2014). At last revolution was done in the 1973 that based on the communication and information technology. Country always ready to adopt new things and ideas so that they are also impact with the positiveness. In addition to that new technological things are always with the demand and those who are focus on them that are also ready to deals with the competitions (Rachet, 2014).
Legal Factor: In the Netherlands every individual having right to respect with their privacy level in which they focus on the work and more concern with the same. Mostly local people of the country focus on their privacy level so that if a company come into the business concern so that it has to be protected the level of privacy issue. Legal framework of the country is good but it is quite good towards the personal issue (). In this safeguard issue, cross border application and many more things are included in this. In this worker will be more effective towards the organization and its effectiveness. Moreover legal framework is quite good that has to develop various things in this and develop and launch new things in the Netherlands (Pestel natherlands . 2016).
Environment Factor: In this management of the company also concern with the working environment in which they focus on the climate of the country. In addition to that management can evaluate it in effective manner because it is very crucial point that affects in a worst one. In addition to that management of the company also effects with the coast. In this weather and temperature of the country is also included in this. This is also concern with the fresh air and level of purity in the water. Working climate of the family is such in the family is staying in the work and spend their time (Bryman and Bell, 2015). Dutch people having opportunities in which they try to establish their business in which they ready to develop them self in their own business. They are also concern with the personal life and they are not ready to enhance them self. They are not ready to share with their personal or private with any one. In the Netherlands family having their own importance in which they concern with their way of living. In which their living standard is high so that many company can sell their products as their high demand (Myers, 2013).
MicroMode Medical Limited having its own working style that assist to manage the work in a effective manner. In addition to that if the management if the company use this analysis so that this will assist to manage the work in a effective manner. With the help of strength they could maintain it in a effective manner. On its contrary weakness shows the level of working that would now where the hard work is needed. In addition this management if the company also find out future opportunities that assist for the development and its contrary working will become more easy when forecasting of upcoming is knowing by marketing manager of the company. Furthermore all above study will assist for better management in the work place so that it could be assist to manage this in a effective manner.
Strength of MicroMode Medical Limited
This is one if the best traditional way in which individual become more effective with their work because it know very well the situation. In addition to that promotes the organization performance in a effective manner. In addition to that various points are listed below that shows the effectiveness of the work (Gokon and et.al., 2013).
The weakness of MicroMode Medical Limited
When the company having various weakness so that it impact on the organization factor in which company cost is affected with the same. In addition this here key point of problems and weakness are affected in this. In addition this work will be more effective that has to be concerning towards the growth (Uhrenfeldt and et.al., 2014).
Threats of MicroMode Medical Limited
In addition to that management could use to impact it positiveness with the working effectiveness that has to use for the better future as well as its way of working that may affects from the same.
Moreover all above observation is assist to manage it in more effective manner. In addition to this management use all above things as a guideline and use this in more effective manner (Carroll and Buchholtz, 2014).
Opportunities of MicroMode Medical Limited
If the marketing manager of the company use to having swot for better understanding level of overcoming opportunities at that time company having more chances to grow in the hospitality industry. In addition this various opportunities are listed follow that assist to manage the future in more effective manner. Here various points are listed as follows that assist for the effective development in the market tends (Ferrell and Fraedrich, 2015).
Review of Utilization of above study
After review all this study now management having appropriate idea in which they focus on the all its strength and use it in a effective manner. In addition to this they can reduce their effectiveness towards all that task that has to be not needed. This will also assist to manage its threats and deal with the effective manner. In which point when the company having overview that time they can use it in more effective manner.
The present report is based on the business that has to be establish in the Netherlands sand for the same management of the country has to focus on the micro and macro environment. In addition to that management concern with the micro factor that assist to observe the strength and weakness of the company. This will also assist to management with the opportunities and threats and all that solutions that would be assist to overcome with the all. In this macro factor is assist to find out the each and every thing that may faces by the management at the time of business operation. Moreover all pestle and swot is assist to manage it in a effective manner with their business operations.
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