PESTLE Analysis Of Twycross Zoo
There are several external and internal influences that may impact a business. External influences can affect investments to accomplish its strategic goal and objectives. These external factors may include competition, ethical, legally and technical changes happening around the world which also includes economic and political environment.
PESTLE
PESTLE analysis (political, economic, socio-cultural, technological, legal and environmental) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a strategic tool for understanding market growth or decline, business position, potential and direction for operations.
Political: Twycross Zoo must look into how the government interferes in the economy. Precisely, political factors have areas including tax policy, labour law, environmental …show more content…
This will attract more consumers to have an educational experience as well as learning more about the wildlife.
Twycross zoo has many endangered animals so this is one of their threats where they must take care of their consumers as they would not want anyone being hurt or attacked by the animals. Therefore, they have enough space for the animals left in the cages and strong metal used where the animals cannot escape.
Social: This factor includes the cultural aspects and health consciousness, population growth rate, age distribution, career attitudes and emphasise on safety. Twycross Zoo has to look at what their target audience attitudes are towards these endangered animals, as children might not be scared but families have to look after what their children are up to.
Twycross Zoo’s foot fall is aimed at families, children’s and students mainly, but visiting the zoo once would be enough for them, as it’s not like an amusement park where you would go again for the thrilling
PESTLE
PESTLE analysis (political, economic, socio-cultural, technological, legal and environmental) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a strategic tool for understanding market growth or decline, business position, potential and direction for operations.
Political: Twycross Zoo must look into how the government interferes in the economy. Precisely, political factors have areas including tax policy, labour law, environmental …show more content…
This will attract more consumers to have an educational experience as well as learning more about the wildlife.
Twycross zoo has many endangered animals so this is one of their threats where they must take care of their consumers as they would not want anyone being hurt or attacked by the animals. Therefore, they have enough space for the animals left in the cages and strong metal used where the animals cannot escape.
Social: This factor includes the cultural aspects and health consciousness, population growth rate, age distribution, career attitudes and emphasise on safety. Twycross Zoo has to look at what their target audience attitudes are towards these endangered animals, as children might not be scared but families have to look after what their children are up to.
Twycross Zoo’s foot fall is aimed at families, children’s and students mainly, but visiting the zoo once would be enough for them, as it’s not like an amusement park where you would go again for the thrilling