2nd Weekly Assessment in OM

I am easy to set up but with very limited capital.

I have a separate legal status; I am taxed along with the personal income of my owners.

I am better than one, but with my co-owner, decision making can be complicated.

It is a process used by organizations to monitor their external and internal environments.

These are specific occurrences which take place in different environmental sectors of a business.

These are groups of similar or related events which tend to move in a specific direction.

It is characterized by increasing employment, economic growth, and upward pressure on prices.

It follows a peak when the economy typically enters into a correction and where growth slows, employment declines (unemployment increases), and pricing pressures subside.

It gives you a bird’s eye view of the current situation of an organization.

It is a tool which helps companies have a ten thousand foot view of the macro environment it is operating in.

Which factor of the PESTEL is this? 

Taxation policies                                                            

Which factor of the SWOT is this?  

Presence of skilled manpower

Which factor of the PESTEL is this?

Safe Waste Disposal

Which factor of the SWOT is this?  

Limited managerial expertise

Which factor of the SWOT is this?

Increasing disposable income