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Business research plan requirements (PESTEL Analysis (Political:…
Business research plan
requirements
Sections
Introduction
Research Questions
Literature Review
Methodology
Acknowledgements
Literature review -
"find ones that exist but may have paucity of studies"
Cost-Benefit Analysis + Payback Period
Costs of installation, operation and potential maintenance
Costs associated with different materials
Determinants of Demand
Environmental Effects
Cost
Reliability
Porter's five forces
Competitive rivalry
Threat of new entrants
Power of Buyers
Buyer orders
Buyer Information
Buyer Backwards integration
Industry Products
Buyer switching costs
Overall buyer costs
Buyer profitability
Buyer product/ Service
Threat of substitute product
Price/indirect costs
Buyer price sensitivity
Performance
Buyer switching costs
Buyer profile
Power of Suppliers
Supplier volume/profit
Supplier concentration
Supplier forward integration
Supplier products
Industry switching costs
Supplier substitutes
PESTEL Analysis
Political:
Potential Policies
Effect on the coal industry; For: Environmental effect;
Economical:
Consumer cost; ROI/duration until payback
Social:
Sustainability vs economical feasibility; limited knowledge surrounding the technology (leans to uncertainty and distrust)
Technological:
Developing and improving technology but limited part availability in Australia makes it hard to source better quality systems; Competing with other renewable energies (solar)
Environmental:
Reduction of coal powered energy and carbon footprint; Effect on soil temperature and contamination
Legal:
Regulations about drilling limitations; Carbon tax potential could push the market forward; Government incentives to assist the consumer (such as with solar panels); Importing and quality of parts is currently difficult
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Cost Benefit Analysis