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

Why is the u.s. dollar considered a vehicle currency, Q. Explain what a "v...

Q. Explain what a "vehicle currency" is. Why is the U.S. dollar considered a vehicle currency? Answer: A vehicle currency is one specifically widely used to denominate inter

Values of private saving in closed and open economies, Q. Discuss the value...

Q. Discuss the values of private saving in closed and open economies. Answer: In the closed economy private saving Sp is equal to I + (G - T) and in an open economy private sav

Pestel framework, The PESTEL is a strategic development technique that prov...

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

Floating exchange-rate regime, Q. Why would you suggest to a govern...

Q. Why would you suggest to a government to use a floating exchange-rate regime? Answer: Floating Exchange Rate is an exchange rate in which central banks don't inter

Explain why a london eurobank has a competitive advantage, Q. Expla...

Q. Explain why a London Eurobank has a competitive advantage over a bank in New York in attracting dollar deposits. Answer: It is able to pay more because the London ba

Customs union under conditions of oligopoly, using diagrams, corden''s theo...

using diagrams, corden''s theory of customs union under conditions of oligopoly and within the existence of external economics of scale.

Survivor island, Identify and explain the three basic economic question tha...

Identify and explain the three basic economic question that the group of survivors will have to answer everyday

Flexible exchange rate regime, under fleible exchange rate regime what are ...

under fleible exchange rate regime what are the consenquences of current account deficit and surplus

Trade barriers, why do nations impose trade barriers

why do nations impose trade barriers

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