Business Strategy for British American Tobacco Free Essay Example, 2000 words

According to the research findings, it can, therefore, be said that the BAT strategy mentioned in the paper is suitable because it employs the PESTLE analysis tool to look into the political, economic, social and technological factors that affect its growth and productivity as an organization. Under political factors, BAT approach takes into consideration factors such as when one of their markets is to hold their next elections and how the lections may change some of the policies that regulate the operations of the BAT. In order to ensure that they avert any risks that may come their way, the BAT strategy looks into some of the most likely contenders and gets their views on various businesses policies notably those that affect the operations of the BAT. Before opening its doors in a potential market, the BAT strategy helps the management assess the development of property rights within the nation as well as how well the nation and its citizens have respect for the rule of law. The B AT strategy has mechanisms that assess pending legislations that are relevant to its operations and all matters that govern taxation. We will write a custom essay sample on Business Strategy for British American Tobacco or any topic specifically for you Only $17.96 $11.86/pageorder now Over and above, the BAT strategy has been credited for its cautious and well-timed approach, which enables the organization to arrive at wise verdicts that are in line with its objectives. At the same time, the strategy has been celebrated because it takes into respect various government insights with reference to corporate policies, corporate social responsibilities, environmental issues as well as matters that govern customer production. With reference to economic factors, the BAT strategy employs the PESTLE tool to evaluate the economic stability of any of its markets or any potential market. Understanding whether a market is usually stagnant, declining or increasing helps BAT put in place the right scheme to enable it to remain relevant for a considerable duration within that particular market. Apart from economic stability, the strategy considers the rate of unemployment notably whether the nation hires based on skill or experience.