The Importance of Business Environmental Analysis: A Case Study of Zambian Breweries
Abstract:
This study’s main purpose was to assess how well Zambian Breweries analysed
business performance using SWOT (Strengths, Weaknesses, Opportunities, and Threats)
and PESTLE (Political, Economic, Social, Technological, Legal, and Environmental)
analytical approaches. The methodology involved the distribution of a survey through
the Google Forms platform, to which 17 respondents answered, and the collection
of data utilising that survey. The results of the study were generated by the Google
platforms based on the respondents’ responses. According to the study’s findings,
Zambian Breweries occasionally performed SWOT and PESTLE analyses to assess the
internal and external environments of the business and to assist in decision-making.
The study further shows that managers at Zambian Breweries use SWOT and PESTLE analyses
to weigh the advantages and disadvantages of significant choices. SWOT and PESTLE
assessments can be employed for both large and small projects, to make decisions
on marketing campaigns, organisational changes, the adoption of new production methods,
and the introduction of new products. The analysis phase involves gathering employee
viewpoints, which enhances project understanding, acceptance, and execution. To
understand how a company is operating, it is essential to understand its SWOT and
PESTLE analyses. In order to build strategic strategies, businesses must perform
comprehensive study, which calls for the SWOT and PESTLE studies. An internal environment
study and competitive advantage identification are common goals of a SWOT analysis.
PESTLE analysis can be used to look at the external factors that affect the business
environment.
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