PESTLE analysis is a fundamental tool for business strategy and planning. These examples of PESTLE analysis can be utilized to get better marks in your university examination. The abbreviation stands for Political, Economic, Social, Technological, Legal, and PESTLE is an acronym which stands for six external factors affecting your business: political, economic, sociological, technological, legal and environmental. This may include tax policy, employment laws, The business model can effectively be used by professionals to analyze a product, organization, individual and what position it holds in the Examples to Know The PESTEL or PESTLE Analysis is a tool that is used to identify and analyze the key drivers of change in the strategic or business environment. Academia.edu is a platform for academics to share research papers. The PEST Analysis covers the following aspects: Political: The government policies, regulations, tax implications, and trade regulations all of these can significantly affect the business of a person. Political Factors may be altered by the government’s influence on a country’s infrastructure. An example for a mobile manufacturing company, any change in technology like the innovation in mobile features is a threat if a company does … If you have never even heard of the PESTEL analysis tool, after reading this book you will fully understand it. The PESTLE Analysis Example covers the political, economic, socio-cultural, technological, legal and environmental (natural). PESTLE Analysis Example or PEST Model for identifying and analyzing the factors in the general environment. PESTEL analysis helps companies to get prepare for possible threats, which arise time to time because of external factors. This book did a great job of describing each of the categories in depth and gives great examples for everyone to take back and used for each category. I highly recommend this pdf. This pdf was extremely useful. PESTLE Analysis is an analytical tool for strategic business planning. PESTLE or PESTEL analysis is among the most popular analytical tools available for strategic business planning, and this post will help you understand the concept better through a number of PESTEL analysis examples. It is often helpful to complete a PEST analysis prior to a SWOT analysis, although it may be more useful to complete a PEST analysis as part of, or after, a SWOT analysis. PEST analysis is a powerful and widely used tool for understanding strategic risk. Answer. A SWOT analysis measures a business unit; a PEST analysis measures trends and changes in the market. The PEST analysis is a tool to evaluate external factors. [For example… It is a method of assessing your business' environment and its possible impact on the performance of your company. PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Question. Economic: The economic factors like the rate of interest, inflation, and the unemployment can also have a vital impact on the growth or failure of a certain business. PESTLE analysis A PESTLE analysis may help when assessing the risk arising from the impact of external factors on a charity, particularly when working internationally. Provide pestle analysis example of 5 different multinational companies. Pestle Analysis Examples of 5 Multinational Companies. However, there is described the PESTLE Analysis Example or PEST Model Analysis. We are providing here some pestle analysis example conducted in 5 different multinational companies. PESTLE is a strategic framework for ... Economic: example, consumer laws, safety standards, lThese factors are determinants of an economy’s performance that directly impacts a company and have resonating long term effects. PEST is an acronym for four sources of change: political, economic, social, and technological. Tax changes, new laws, trade barriers, demographic change and government policy changes are all examples of macro change.