Answer to Question #146505 in Economics of Enterprise for sameer ali

Question

Using the PESTEL model and other macro environmental factors the recent trends that significantly affect the business schools located in Karachi. Give special reference to business school

Answer 1

$$Solution$$

The PESTEL Analysis will show the different environmental situations that will affect the business schools in Karachi. This has been discussed below.

Political

These are all about how and to what degree a government intervenes.

The political environment is fragile and sometimes stable and unstable, therefore, the political system isn't that good and supportive of the university.

Economic factors

The economic environment of the country is also unstable and fluctuating and therefore the environment isn't suitable for opening a business school.

Social factors

Socially, the environment of the area is stable thereby creating an environment conducive for the creation of a business school.

Technological factors

The technological environment of the country is also growing and therefore stable enough for starting a business school.

Legal factors

The country has no regulations on preventing the opening of new schools for business and therefore this factor also supports the business schools opening.