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Discuss how PESTEL System can be Applied in an Organization

THE PESTEL SYSTEM AND ITS RELEVANCE TO ORGANIZATION The PESTEL or PESTLE Analysis is an important model theory in United Kingdom, it stand for Political, Economic, Social, Technological, Legal and Environmental component that is use to develop a strategic management system in an organization. It is highly recommended as important factors in an organization to consider the following external component to serve as a determinant in their position they can give a highlighted overview in understanding the growth or decline of business industry in present past and future operation. All organization can simply use the system. The Macro and Micro analysis pertaining to business may show the strength and weaknesses through simple and complex analysis using all or any other parts of the system for these is highly influential and highly identified components of the industry and of society. Technically the organization can adjust to advance, resume or def...

Sample Essay on Performance Appraisal

Performance Appraisal In every industry, performance appraisal is very important to determine or evaluate every employee’s performance based on company’s standards and policies. The main objectives of performance appraisal is to improve employee’s productivity and performance, in order to set goals for the employees, to help the managers to evaluate employees’ effectiveness, before taking actions related to hiring, promotions, demotions, trainings, increase of salaries and terminations . Many companies have used performance appraisal as an effective tool in maximizing the effectiveness of all areas of the organization such as staffing , development, production and customer service. Generally, employee appraisal systems are being recognized as important factor of achieving company’s goals . For instance, a traditional appraisal method is discreet; the employees are not authorized to see or to know what the evaluation of their managers on them is. ...

Sample Essay on Motivation

Motivation In general, motivation is the driving force that helps humans to achieve their goals and dreams in life. Similarly, it is also a basic need to help minimizing physical pain and maximize pleasure among humans. It may include regular needs such as eating, resting, desire, goal state of being and ideals. It is said that there are two types of motivation, one is intrinsic; and the second one is extrinsic. When you say intrinsic motivation, it refers to the driven interest or enjoyment in the task itself. Meaning, it is already exists within the individual. And, it can be acquired through high educational achievement and enjoyment by the students or professionals. Normally, students are most likely intrinsically motivated if they have favorable educational results after all the exerted efforts they put in their studies. In the same manner, they believe that they are the effective agents for reaching their dreams and ambitions in life. And, they are m...