External Environmental Factors Of Mission Television

External Environmental Analysis As with any organization, Mission Television has a multitude of environmental factors which they must carefully identify and analyze to ensure they are prepared and able to deal with them. Of these environmental factors are a multitude of external environmental factors which can greatly affect the operation, development, and the success of the company. Although these factors are uncontrollable they are able to be research and analyzed in order for an organization to include them into their strategic plan. Mission Television has selected identified several economic, political, and social factors which have an impact on the organization. Each year ore and more families and individuals believe that they must unplug from television. This means getting rid of their T.V. or television providers all together. This external social factor can greatly effect Mission Television and the success of the organization. The television industry is extremely regulated, either by the FCC or all the way up to the federal government and …show more content…
economy is an extremely important factor to consider. Inflation rate generally refers to the increased prices of goods and services within the market. Since Mission Television supply’s both products and services, the current and changing inflation rate drastically affects prices (Manual, 2014). The overall proportion of inflation rate and prices is direct. If the U.S. market is inflated, that will cause the prices of Mission Television to increase. The main goal of this organization is to offer affordable and personalized television to consumers, but when inflation increases, the organizations costs go up, and in return the customers prices go up. because of this all television organization must continually and effortlessly monitor the inflation rate within the U.S. economy so that they can effectively and efficiently alter costs and prices within the organization and for the