Friday, October 18, 2019
Reflecting the films you have watched (The Social Network and Wall Essay
Reflecting the films you have watched (The Social Network and Wall Street 2), and citing a minimum of 3 journal articles, discus - Essay Example Each factor played a pivotal role in the development of the story line in each movie. While some factors were more important than others, it is important to go through all of the factors associated with the PESTLE analysis. In terms of the Political environment, Wall St. 2 starts with the release of Gordon Gekko from prison as a result of insider trading. This set the environment for his alienation from the finance industry. He leverages his relationship with his future son-in-law Jake, for access to his daughtersââ¬â¢ money. As a political outcast, Gordon was forced to make back door deals in order to start his offshore finance company. The situation was similar in the Social Network. Mark began the movie sitting at a table deliberating over his actions that led to the ensuing lawsuit. Intellectual property rights are a growing body of legal work that has yet to be developed into an exact science. Hence, the political environment for his actions was ripe, in so far as he may not be able to get away with the same actions years down the road. The Facebook is seemingly a compilation of the ideas of other individuals, while he did not draft the entire concept of others ideas, he took bits and pieces of their information. Fortunately, our nation was at a point where we wanted something new and were willing to stand behind it. The economic environment actually has a close link to the political environment. Both movies were based in the modern era which means that they both shared the same economic environment, yet there were two completely different outcomes. While Jake suffered massive losses as of the change in the economy, that very same transition offered opportunity to Mark. Specifically, in 2007 there was a massive financial failure within the stock market. The bottom fell out of the housing market and banking institutions were merely trading with fiat cash that wasnââ¬â¢t there to begin with. This forced financial executives to pass on the losses to the individuals within the market. As a natural consequence, there was a panic and everyone with money in stocks headed towards the quickest exits. Mark had a different experience with the creation of his internet giant. Just when people assumed that the internet had reached its maximum functionality, he was able to innovate and create a new method through which consumers could interact. In fact, he was able to generate an entirely new stream of revenue that relied on a non-traditional market. The social environment for both of the movies seemed to be equal. The main character in each movie seemed to either be accepted by those who are closest and misunderstood by those who watched from a distance. Specifically in Wall St.2, Jake was accepted by those who worked within his financial firm and even the alternative energy business. While at the same time, his competitor merely wanted to use him in order to protect their own business. Additionally, Mark was viewed as an investment by his à ¢â¬Å"best friendâ⬠. Mark felt as if he was under appreciated for doing all of the work within the company and since he was responsible for making the right business decisions, he felt as if he was entitled to greater representation in terms of shares. The changing technological environment played a pivotal role in the development of each story line. Specifically, the role of the alternative e
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