PESTLE Analysis
The PESTLE analysis is another
environmental scanning techniques that help provide insight into the external
situation of an organization from many different angles. It focuses on
political, economic, social, technological, legal, and environmental factors.
Political factors – The impact of government policies, trading policies or
elections.
Economic factors – The impact of economic trends, taxes, or
import/export ratios.
Social factors – The impact of demographics, lifestyles, or ethnic
issues.
Technological factors – The impact of advancing technology or technology
legislations.
Legal factors – The impact of employment laws or health and safety regulations.
Environmental factors – The impact of climate change or environmental regulations.
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