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What is Understanding PESTEL Factors about?
This document outlines the PESTEL framework for analyzing external factors that influence organizations. It discusses the six factors: Political, Economic, Social, Technological, Environmental, and Legal. For each factor, it provides 1-2 examples of how that factor could impact businesses, such as changes in interest rates, demographics, climate change, new laws, or emerging technologies. The PESTEL analysis provides a framework to examine broad macroenvironmental influences on organizations.
- Author
- Archit Bajaj
- Language
- EN