Pestel framework, International Economics

Assignment Help:

The PESTEL is a strategic development technique that provides a helpful framework for analyzing the environmental pressures on an organization (Rogers, 1999).

496_PESTEL framework.png

PESTEL framework

This technique is helpful for any organization to consider its environment before beginning and it is significant to use it in future environmental factors, because maybe it will change. The International Medical Center is concerned with its relationship with the Saudi government; this is because the International Medical Center reflects government trends and prospects for future development in healthcare. The economics of Saudi Arabia depend on oil; it is produced at approximately 11 million bbl/day (Index Mundi, 2008). Over the last 10 years, Saudi Arabia has tried to develop it economy by focusing on health care. Also, the economic recovery in the Kingdom, which reflected positively on the International Medical Center, enabled them to provide health services at a high level of quality. The technology in the IMC is a significant issue which endeavors to ensure that the equipment used for patient care is safe, available, and accurate. This happens through a full spectrum of technology management program from notion through disposal. The International Medical Center has formed many partnerships with international clinics such as Cleveland Clinic (CC). The partnership with the Cleveland Clinic includes expertise, telemedicine referrals, procedures, second opinions, and policy. CC is one of top three hospitals in the US, and is a leader in cancer treatments, digestive disorders, orthopedics, neuroscience, pediatrics, and other specialties. IMC uses teleconferencing and telecommunications to provide prompt service and new and specialized treatment for patients. In addition, they use this technology to provide learning to the doctors. Because the religion of the Middle East is Islam, the hospital has been designed for and provides services to suit the Muslim community. The population in Saudi Arabia is more than 28 million (Sfakianakis, 2008) and statisticians expect it will reach more than 29 million after two years. This vast population growth creates a need for more advanced hospitals such as IMC to provide better health service. IMC needs to take into account the building and construction, because the weather in Saudi Arabia is too hot. Also, its geographical location is near to the holy cities Maddinah and Makkah.


Related Discussions:- Pestel framework

Member of the wto, Q. It has been claimed that the Chinese burst of modern...

Q. It has been claimed that the Chinese burst of modernization which has been propelling its manufactured exports throughout the world at an unprecedented rate, is made possible b

Development by stabilisation & reform-lower income countries, Development t...

Development through stabilisation and reform can be understood as follows     The reasoning here was that the trade and resource transfer could not, by themselves, lift L

Double factors terms of trade, Calculate the doublefactoral terms of trade ...

Calculate the doublefactoral terms of trade (TD), formulated by Jacob Viner based on following information: Suppose in the base year of 2015, Px= 100, Pm= 100, Zx= 100, Zm= 100and

Explain effects of change in u.s. expected inflation, To answer the followi...

To answer the following question, please refer to the figure below. Concentrating only at the lower right quadrant, discuss the effects of a change in U.S. expected inflation.

How much steel will the monopolist sell, Q . Now the monopolist discovers ...

Q . Now the monopolist discovers that it will export as much as it likes of its steel at the world price of $5/ton. It will thus expand for- export production up to the point whe

Consumers and businesses, if the US dollar depreciates dramatically relativ...

if the US dollar depreciates dramatically relative to the Chinese yuan, what effect would this have on consumers and businesses in each country? When is a falling dollar good or ba

Gross barter terms of trade, tion..What is the range of gross barter terms ...

tion..What is the range of gross barter terms of trade ?

One of the problems in the opportunity cost approach and int, essay should ...

essay should be based on one of the problems mentioned into Haberler (1950) with references to the main assumptions of the general equilibrium analysis

Trade and costs, how trade lowers the costs of making computer peripherals ...

how trade lowers the costs of making computer peripherals such as mice and keyboards

Opportunity cost theory of haberler, What is mean by opportunity cost model...

What is mean by opportunity cost model of haberler international treade

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd