Monday, September 23, 2019
External and Internal Environments Essay Example | Topics and Well Written Essays - 2000 words - 5
External and Internal Environments - Essay Example The business segment within the industry is increasing as the epitome is centered towards amazing guest experience (Target Corporation, 2012). This report aims at discussing a publicly traded corporation within the industry listed on the EDGAR database. This elaborates the filing of the companies on the Securities and Exchange Commission. The goals of Target Corporation are designing an infrastructure through which a diverse team can be formed. The sole goal of the team is maximizing the guest experience and retaining the clients within the industry. All these actions set a continuation which leads to success of the business. Strong actions and formation of the communities is the measure using which the competition within the industry is managed. The ethical actions implemented create a strong reputation for the business within the industry. The PESTLE analysis of Target Corporation determines the position of the business within the industry. Understanding of the Political, Economic, Social, Technological, Environmental and Legal aspects of the business determines the progress of the business. Operating in the American retail industry Target is ranked the second largest after Wal-Mart. The organization kept on progressing with the appropriate utilization of all the factors. The company stands amongst the top 30 in the listing characterized by the Fortune 500 (Target Corporation, 2012). The changes and transformation of the regulations within the industry impact on the share of the retail stores. The analysis of the bill regulated in the health care segment and analyzing the changes in the regulations within the sector determines the progress of the industry in the business segment (Weber, 2014; KPMG, 2012). The operations of the business in the international industry rely heavily on the cost of fuel and economic stability. Managing the cost within the
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