abhishreshthaa

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Pest Analysis On Bechtel Corporation : Bechtel Corporation (Bechtel Group) is the largest engineering company in the United States, ranking as the 5th-largest privately owned company in the U.S. With headquarters in the Financial District of San Francisco,[2] Bechtel had 44,000 employees as of 2009 working on projects in nearly 50 countries with $31.4 billion in revenue.

Bechtel participated in the building of Hoover Dam in the 1930s. It has also had involvement in several other high profile construction engineering projects, including the Channel Tunnel, numerous power projects, refineries, and nuclear power plants, BART, Jubail Industrial City, the largest Airport in the world by land area King Fahd International Airport in Dammam, and Kingdom Centre and Tower in Saudi Arabia, Hong Kong International Airport, the Big Dig, the rebuilding of the civil infrastructure of Iraq funded by the United States Agency for International Development (USAID), and the hauling and installing of more than 35,000 trailers and mobile homes for Hurricane Katrina victims in Mississippi.

The Bechtel family has owned Bechtel since incorporating the company in 1945. Bechtel's size, its political clout, and its penchant for privacy have made it a constant subject of scrutiny for journalists and politicians since the 1930s. Bechtel owns and operates power plants, oil refineries, water systems, and airports in several countries including the United States, Turkey, and the United Kingdom


o Political

Firstly, the political environment concerns the role of the government concerns the political and government role and its influence in a business. It also includes the extent to which the government intervenes in the economy. The North American government has been very supportive with the rechargeable battery industry.

Since the government of the North America believes that these industries will be beneficial for the region, the government of North America is also open for other possibilities of considering the products of Rayovac that will meet the needs of both the household and commercial clients.

o Economical

Secondly, the amount of economic activity in the economic environment is extremely an important aspect. Whilst assessing the economic environment in which battery industry operates. The government tries to terminate the level of economic activity to provide positive and friendly environment for the battery industry like Rayovac. It can be said that North American economic situation is strong and stable. With this, North America is able to sustain good relation with battery industry. The economic stability of the region has helped the battery industry to have a good economic performance.

o Socio-Cultural

Social environment is of great importance when being applied to different organisations, in case the battery industry. North America has been considered as one of the regions in US which is considered to have a strong market for rechargeable batteries, it can be said that the battery industry have a greater opportunity to grow even more in North America. The demographic changes and the psychographics of North American society have open more chances for the battery industry like Rayovac to achieve its goal and mission.

o Technological

Technological factor has helped in reducing the barriers of entry for other battery industry. It has also supplemented in the cost of capital in other areas, to enhance the products provided by battery industries. Through the use of more advanced and efficient technology, battery industries have been able to provide innovative products like rechargeable batteries to meet the needs of their target market.
 
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