PESTLE Factors
- Created by: izziewarrington
- Created on: 26-04-18 10:21
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- PESTLE Factors
- Political
- The extent to which a government may influence the economy or a certain industry.
- Tax Policies
- Fiscal / Monetary Policies.
- Trade Tariffs
- Political Instability e,g, war
- The extent to which a government may influence the economy or a certain industry.
- Economic
- The extent to which the economy's performance directly impacts on a company.
- Inflation
- Exchange Rates
- Interest Rates
- Economic Growth Patterns
- Disposable Income of consumers
- The extent to which the economy's performance directly impacts on a company.
- Social
- The social environment within the market.
- Cultural Trends
- Demographic Patterns
- Population Growth
- Ageing Population
- Health Conciousness
- The social environment within the market.
- Technological
- The extent to which new technology affects operations of the business.
- Automation
- Research and Development
- The extent to which new technology affects operations of the business.
- Legislation
- The laws that affect the internal business environment and also the market that the business operates within.
- Consumer Law
- Safety Standards
- Labour Laws
- The laws that affect the internal business environment and also the market that the business operates within.
- Environmental
- The extent to which a business is affected by the surrounding environment.
- Tourism
- Farming
- Agriculture
- The extent to which a business is affected by the surrounding environment.
- Political
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