Last Updated 12 May 2020

Pestle Anaysis Essay

Essay type Research
Words 306 (1 pages)
Views 153

Political, Economic, Social and Technological - plus Ecological or Environmental, Ethical, Demographic and Legal. It's a matter of personal choice, but for most situations the original PEST analysis model arguably covers all of the 'additional' factors within the original four main sections.

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. Demographics usually are an aspect of the larger Social issue. Industry Analysis is effectively covered under the Economic heading. Ethical considerations would typically be included in the Social and/or Political areas, depending on the perspective and the effect. Thus we can often see these 'additional' factors as 'sub-items' or perspectives within the four main sections. Keeping to four fundamental perspectives also imposes a discipline of considering tragic context and effect.

Many potential 'additional' factors (ethical, legislative, environmental for example) will commonly be contributory causes which act on one or some of the main four headings, rather than be big strategic factors in their own right. By gathering the relevant information on the UK automobile industry external environment, PESTLE analysis provides us a dynamic tool to grasp the situation at macro level

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Pestle Anaysis Essay. (2018, Jul 17). Retrieved from https://phdessay.com/pestle-anaysis/

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