Aside from the company’s internal resources and industry factors, there are several other macro-economic factors that can have a profound impact on the performance of a company. In particular situations such as new ventures or product launch ideas, these factors need to be carefully analyzed in order to determine how big their role in the organization’s success would be. … [Read more...] about PEST Analysis Ultimate Guide: Definition, Template, Examples
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PESTLE Analysis: Everything You Need to Know
PESTLE analysis is one of the most popular tools used in business analysis, and for good reason! It can tell you all about the circumstances that an individual, product, or organization finds itself in, which can help in making decisions and understanding its current (or future) position in the market. In this article, we’ll be thoroughly exploring the humble PESTLE analysis in … [Read more...] about PESTLE Analysis: Everything You Need to Know
PESTLE Analysis: Environmental Factors Affecting Business
PESTLE analysis is a tool used in business to gain information about a company’s circumstances (its “environment”), and what may come of them. This simple analysis, which revolves around the Political, Economic, Social, Technological, Legal, and Environmental factors that affect a business, is an extension to PEST analysis (which only looks at the first four of the … [Read more...] about PESTLE Analysis: Environmental Factors Affecting Business