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
technological
Why You Shouldn’t Neglect PEST Analysis When Starting a New Business
The number one goal for any startup is to prevent failure. With Google at our fingertips, we have the tools to learn as much as we can, as quickly as possible. From manufacturing to guerrilla marketing strategies, it’s possible to learn from the experts to see where they failed and skip that step. And while most available readings go into the internal details of starting, … [Read more...] about Why You Shouldn’t Neglect PEST Analysis When Starting a New Business
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
The Role of PEST Analysis in Bolstering International Business
Whether a business is deciding to enter the foreign market or launching a new product, business owners need to take into account several factors and understand the larger forces shaping their choices. One of the best ways to examine any decision is to conduct a PEST, Political, Economic, and Social and Technological analysis. Any successful business needs to understand that … [Read more...] about The Role of PEST Analysis in Bolstering International Business
PEST Analysis of China
China is among the most attractive locations in the world. It has also grown to become one of the strongest powers. This rise boosted international business. The legal system too has been improved. Foreign investors seek business in China mainly because of 3 things. They are: Size of the market The very low cost of labor China’s growth potential together I can … [Read more...] about PEST Analysis of China
PESTLE Analysis of India in five Steps
India, officially known as the Republic of India, is the seventh largest country by area, and the second most populous in the world with more than 1.2 billion people. Attaining independence in 1947, the South Asian country is known for its cultural diversity and is also among the world’s leading democratic countries. For the past decade or so, India has been experiencing a … [Read more...] about PESTLE Analysis of India in five Steps