In today’s world, there is fierce competition in the business market. From small startups to large agencies, every organisation wants to stay ahead in this competitive world. As we live in a global village, numerous external factors play a significant role in deciding a company’s fate. The political situation, technological advancement, economic condition, and social factors impact the growth of businesses. So, most businesses leverage the PESTEL analysis tool to track their growth.
Because of the importance of the PESTEL analysis, teachers encourage students to learn more about this tool. They assign students PESTEL analysis assignments to better understand the PESTEL analysis. However, as a student, doing assignments on the PESTEL tool alone is a daunting task. So, the majority of students prefer to study in groups instead of doing assignments alone. Group study helps students to learn their coursework more concretely.
Do you want to know more about the benefits of group studying? Then you have landed at the right place. In this article, we’ll share some benefits of doing a PESTEL analysis assignment in a group. So, let’s read this blog to explore the benefits of group studying.
What is PESTEL Analysis?
PESTEL analysis is a helpful tool that is used to monitor marketing principles. Moreover, this tool analyses the macro-environmental factors that impact business performance. PESTEL is abbreviated as Political, Economic, Social, Technological, Environmental, and Legal.
It goes without saying that PESTEL tool assesses the impact of these factors on the business situation. This analysis is greatly helpful for organisations in decision-making and taking proactive actions. Moreover, this tool is used in collaboration with other business analytical tools like SWOT analysis and Porter’s Five Forces to provide insight into the business’s current growth situation.
Source: Business-to-you
So, it is needless to say that PESTEL analysis is a complex concept, and writing assignments on this topic requires extensive expertise. If you lack such skill, we suggest you buy assignment online from the experts of a legal company to earn good grades. These assignment-writing professionals know how to write on technical and complex topics and make the writing process easy for you.
10 Reasons to Work in a Group for Your PESTEL Analysis Assignment
Assigning work in a group is one of the strongest teaching approaches. Additionally, true collaboration skills are developed in this dynamic setting. When students work in groups, they not only complete their PESTEL analysis assignment on time, but they learn to work from diverse perspectives. Read on to learn reasons to work in a group.
1. Increased Individual Achievement
Students who work in groups have greater knowledge acquisition and reasoning abilities as compared to those who work alone. In a group setting, students interact and discuss their PESTEL analysis assignment ideas and eventually construct new knowledge. Furthermore, students assess what they know and what they don’t based on the existing knowledge framework.
This way, they gain useful additions to their comprehension spectrum. Additionally, group work settings help students handle complex problems and leverage their expertise in their field. Hence, this dynamic environment helps students polish their critical thinking abilities.
2. Foster Teamwork
Education is beyond academic learning. It involves promoting a broad range of skills in pupils. Individual learning helps develop students’ self-reliance abilities. On the other hand, group work is an ideal platform to foster teamwork and collaboration skills. Furthermore, when students work in groups, they attain ample experience working in a team in their professional careers.
It goes without saying that group work prepares students to handle future challenges more effectively. Students who work in a team-oriented environment not only sharpen interpersonal skills but also infuse mutual respect. All in all, group work fosters teamwork in students, which facilitates their professional careers.
3. Get Better Understanding
It is important for students to better understand the PESTEL analysis to earn good grades. Without any doubt, learning and understanding a subject takes time. The more you spend on learning, the better you understand this subject. A collaborative group work environment helps students to actively engage in the PESTEL analysis and genuinely understand the subjects.
To sum up, a dynamic group work setting not only helps students better understand this analytical tool but also motivates them to perform well in the classroom. Moreover, in the real world, where more than one solution is required for every problem, group work plays a key role in analytic thinking.
4. Develop Professional Skills
According to the studies, more than 80% of the employees work in group settings. So, students need to boost their ability to work in a collaborative environment so that when they enter their professional life, they will not face any difficulty. In short, it is necessary to create opportunities for group work in a class so the students enhance their skills to work effectively with other peers.
Moreover, group work facilitates students to polish their critical thinking skills, cognitive abilities, and decision-making skills. With this, a group work environment also enhances assessment skills that assist students in making the right decision at the right time.
5. Help to Assess Students’ Abilities
Traditional assessment tools help evaluate students’ abilities to work independently. By the same token, a group work assignment setting is a worthwhile tool to assess students’ abilities from a broader perspective. This group setting helps discover students’ hidden talents. For instance, some students excel in leadership roles while others excel in supportive roles.
Dynamic group work provides a holistic view of students’ social skills and leadership potential. Further, this helps teachers identify the students’ weak points where improvement is required. The teachers can then conduct a one-to-one feedback session that eventually helps the students improve overall.
6. Boost Confidence
Along with the intelligence, confidence plays a crucial role in academic success. A group work environment is the best tool to build confidence among students. This environment fosters self-assurance among students and encourages them to share their ideas with others. With this in mind, students get more comfortable in expressing their thoughts and receiving feedback from their peers.
In addition to this, when students engage with their peers in a collaborative environment this will create an assertive presence. Moreover, this will boost their self-esteem and empower students to take on new challenges. Eventually, this practice contributes greatly to improving academic performance.
7. Become More Responsible
Group study lets students share their thoughts and ideas about the PESTEL analysis assignment. This study setup also helps students to develop and maintain personal responsibilities that are ultimately beneficial in their personality grooming. For instance, the teacher is assigned to give a presentation on PESTEL analysis. The student who is going to present is less likely to skip reading because he can’t afford to forget anything in front of his peers.
Besides this, group work also helps students to discover their self-discovery. For example, some students will discover that they can work at night or in the morning. It would also help students discover which tasks they are good at. For example, some are good at presenting, while others may be good at summarising.
8. Enhance Learning
A survey showed that 97% of the students believe that group study setup polishes their collaborative skills and enhances their learning process. In the same vein, some students think that group study is itself a learning process. Moreover, group study setup leads toward better memory recall and boosts understanding capabilities.
Enhanced learning with the group study is only possible if:
- A clear understanding of leadership roles is provided
- Significant participation from all team members
- Each member is assigned a specific role
9. Sharpen Problem-Solving Skills
In a dynamic environment of group study, there may be disagreements, arguments, and distractions. Students learn how to tackle this type of situation in group work, which eventually sharpens their problem-solving skills. It is a matter of fact that when there are conflicting ideas and theories in the group study, students naturally identify which skill or practice is best suited to resolve the issue.
In a group work setting, students naturally adapt the study style of other students and sharpen their problem-solving skills. All in all, a healthy collaborative environment is good for students. They challenge themselves to defend their ideas and find the best possible way to figure out the solution.
10. Inspire and Motivate Others
No doubt, writing assignments on PESTEL analysis is a hard task. However, a bit of support and encouragement can significantly help students in the long run. In a group study setup, students not only motivate each other, but also this environment also fosters long-lasting relationships among them. Let others challenge you and help you to be the best version of yourself.
If, in a collaborative group work environment, you still find it difficult to write a PESTEL assignment by yourself, then you can acquire assignment writing help from UK-based writers. You just have to share your assignment requirements and get in touch with these professionals. These experts help you in achieving better academic performance.
PESTEL Analysis Assignment Examples
PESTEL analysis is an intricate process of evaluating the organisation’s current and future condition in the market. Likewise, writing assignments using this complex tool is not a piece of cake. As a student, you need expertise and vast knowledge to write on this topic. Here, we will share an example that would certainly help you in writing your PESTEL analysis assignments.
Title:
PESTEL Analysis of the Garment Industry of Bangladesh
Summary:
This document discussed the growth and decline of Bangladesh’s garment industry using the PESTEL tool. It also highlighted the positive impact of this industry on the country’s economy. In the end, this study discussed how the government contributed to strengthening this industry.
Source: Slideshare a Scribd Company
How do You Write a PESTEL Analysis?
Although there is no defined process for writing a PESTEL analysis, with a systematic approach, you can make a good draft of a PEST analysis. Here are some steps to write an effective PESTEL analysis right away:
- Conduct a thorough analysis
- Extract data from your PESTEL analysis
- Fill out your diagram
- Evaluate your results
- Make an action plan
- Review and monitor
Conclusion
PESTEL is a proven analysis tool for identifying the impacts of macro-environmental components on business performance. Furthermore, this assessment helps organisations make strategic decisions for business growth. Owing to the intricacies of this process, writing a good PESTEL analysis assignment is challenging for students. Group study makes this task easy and less stressful for students.
Other than this, you can also hire assignment writing services to assist you in the smooth execution of the writing process. They clarify all the confusion on technical terms and save you precious time.
Besides this, group work helps students in boosting their overall academic performance. With group study, students can assess their abilities, build confidence, and foster friendly relationships with other peers. Ultimately, when students complete their assignments in a cooperative environment, then, they become more engaged and productive in their learning journey.
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