FC090 Business & Business Environment

Create an advisory report for a business of your choice in the mining industry. Imagine your business is considering investing in South Africa. Conduct a PEST analysis using this template. Link each factor mentioned to your business and consider how your business could respond. Advise them as to whether investing in South Africa is a good opportunity, or an unacceptable risk. Please research this topic and complete each section. Use appropriate academic sources and provide evidence of their use. Contribution to the final module mark: 100% of final module mark Submission: via TurnItIn Word limit: 1500 words + / - 10% Student ID number: Date: Word count: Section one Introduction: The Firm and the Industry 1.1 General information about your chosen firm (consider – its products & services, its location, the kind of business strategy it pursues?): 1.2 Describe the industry in which the firm operates (consider – primary, secondary, tertiary production i.e. manufacturing, processing, retail? Competition?): 1.3 Describe the industry in the country (consider – market structure & competition, key competitors?): Section two South Africa: Political factors 2.1 Describe the political system (consider – democratic? Authoritarian? What kind of party forms the current government? Is it a coalition? Attitude to business?): 2.2 Political risk (Consider – stability? Corruption?): 2.3 Government policy in relation to your sector (consider – are there legal requirements relating to quality? Environmental regulations? Price controls?): 2.4 Taxes (consider – direct, indirect, incidence of tax): Section Three South Africa: Economic factors 3.1 General status of South Africa (Consider – level of development – GDP, HDI?): 3.2 Current economic conditions in South Africa (Consider – growth? Recession?): 3.3 Government economic policy (Consider - monetary and/or fiscal policy in relation to the business cycle & inflation?): Section Four South Africa: Social factors 4.1 What are the most important current demographic trends? (Consider – birth/death rates? Wealth distribution?) 4.2 Where is demand strongest? (Consider – geographically, in terms of class or income, public or private sector?) 4.3 How do culture and lifestyle factors affect this industry? (Consider – social values, working practices, levels of income, ideology and aspiration?) Section Five South Africa: Technological factors 4.1 What kind of technology is relevant to your business in this industry? (Consider – products & processes) 4.2 What level of development is South Africa at in relation to these technologies? (Consider – any specific difficulties or advantages you may face in South Africa? ICT infrastructure? Distribution?) Section Six Conclusion: Advice to your firm Section Seven Reference list – please provide links. END OF THE ASSIGNMENT