PESTLE ANALYSIS FOR JUMBO TAXI SERVICE PROVIDER
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Date
2019-07-04T08:09:41Z
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Abstract
A PESTLE analysis is a framework to analyse the key factors (Political, Economic,
Sociological, Technological, Legal and Environmental) influencing an organisation from the
outside. It offers HR practitioners insight into the external factors impacting their organisation.
The analysis is flexible, so organisations can use it in a range of different scenarios. HR
practitioners and senior managers can use the results to guide strategic decision-making.
Jumbo taxi is the fastest growing taxi sharing company which is also maintaining an
app for better service. But it has also seen various controvarsies regarding the taxi industry ,
minimal wages complications and banning in worldwide countries, however it still continues
to grow.For the betterment of business, PESTLE analysis is done.
PESTLE analysis is useful tool for decision makers when evaluating the pros and cons
of the strategies used in business. This analysis is used to evaluate all the outside factors such
as political, economical, social, technological, legal and environmental. This analysis process
brings together the views of customers and business providers as a results it gives a better
understanding , acceptance and successful implementation of business.
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1NH16MCA56