This analysis pertains to innovations in technology that may affect the operations of the industry and the market favourably or unfavourably. It would refer to research and development (R&D) that could lead to automation as well as the amount of technological awareness that a market possesses. This, unfortunately, is the way the entire world is turning to and an area that E M Properties seems not to be making full use of. It is an area that can never be overlooked and it is one that E M properties will have to heavily invest in for a good Return On Investment(ROI). At the same time, the establishment of a number of new, low-commission, purely online estate agencies raise the question whether there is an ongoing role and need for traditional agents.
4.2.5 Environmental Analysis
These factors dealt with here include all those that influence or are determined by the surrounding environment. These do not only deal with the physical factors of the Earth factors like climate, weather, geographical location, global changes in climate, environmental offsets etc. but would include the availability of resources for an example, energy or water. From our standpoint, E M Properties is operating from any an area with good potential as none of the mentioned factors seems to be thorny in any way.
4.2.6 Legal Analysis
Legal analysis has both external and internal sides. What do we mean by this? There are certain laws that affect the business environment in regard to the country as a whole, whereas there are certain policies that companies maintain for themselves. Factors that are mostly legal and stated under Political Analysis (4.2.1) will again take centre stage here.