Your business strategy in the Global Environment This week’s materials focus on

Question

Your business strategy in the Global Environment

This week’s materials focus on your innovations and creativity in a global environment. Congratulations! You have just started a new business! Your assignment this week is to:

1. First tell me what your new business is. Do you provide a service, or a product? Define this business you’ve spent so much time dreaming of starting.

2. Next develop a PEST Analysis using the template below.

3. Finally, describe how you’re going to grow this business in the global environment.

Parts 1 and 2 will be a Word Doc. APA formatting is NOT required. You are to use, and cite, no less than 2 outside sources. Minimum of 2 pages. That is, the BODY of your paper is to be a minimum of 2 pages. Title pages, Abstract and resource pages do not count to the total.

Explanation / Answer

Since childhoos I was wondering that many people are frequently going to visit doctrs for many reason. As I am grown up now, I understood the importance of food habits. It will affect our body in many ways. I have decided to give catering services to prople to live their life more healthy & happily. EgBest Quality food, Breverages, Healthy snacks etc…

PERT analysis :

Political : In this business, political scenario doesn’t matters. Because In any situation people can not skip eating. There is no matter or inflation or other.

Economic conditions have the highest influence on a business, regardless of what trade it is in. Increased sales of beverages mainly as people were being laid off from jobs, they were spending time with friends and family or at home.

Social :

We can provide good quality food to the actor/ actresess over the world. Which gives us global recognition. We can leave a social message to common people about eating habits are very important in life. Social implications are seen in marketing campaigns for example certain countries have religious festivals where we can provide healthy desserts to people.

Technological:

With the advent of the new age in technology, companies have completely integrated themselves with all the recent changes that have taken place. To mention a recent trend that has greatly picked up and something that almost every business is turning toward is Social Media. The social media explosion has allowed for increasingly interactive engagement with the consumers with real time results . It also helps to keep on increasing brand recall and brand engagement.

Software programs such as Caterease are available to assist you with catering planning, sales, booking and marketing. Many programs can generate letters, quotes and invoices as well. If you’ll offer off-site catering, you might consider partnerships with full-time caterers.

Now a days social media is playing important role to expand our business globally.We can offer our services to film stars / TV actors of the other country.

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