In: Operations Management
Apply PESTEL analysis to identify the general environment trends impacting space launch. What are the most important to SpaceX’s strategy?
PESTEL:
Political :
>Governement support
>Change of Government after every 4 years
>International agreements
>Support of Governent agencies and organization
>Global uncertainty followed by covid
Economical :
>Emerging global econmic recession due to covid-19 and globalization
>Economic stability within the country
>Accessability to skilled and resourceful workforce
>Trade barriers
>Foreign economic trends
Social:
>Emergence of social defectors
>Peoples prefernce to work in Public agencies like NASA more than priavte owned ones
Technological:
>Emergence of new entrants with new technology
>continued funding for research and development
>advancement of current technology
Environmental:
>Not binding to laws related to environmental pollution
>Global shutdown amid covid- 19 has affected supply chain
Legal
>space laws
>vague legal frame wrok
>patents and licensing