Explanation and Illustration of PESTLE/PESTEL Analysis with Sample Case!
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Introduction to PESTLE/PESTEL Analysis:
In today's ever-changing and dynamic business landscape, organizations face an array of external factors that can significantly influence their operations, strategies, and overall success. To navigate these complexities, businesses often rely on PESTLE/PESTEL Analysis, a potent tool that allows them to assess macro-environmental factors impacting their industry and market. This strategic management framework provides a structured approach to identify potential opportunities and threats arising from the political, economic, social, technological, legal, and environmental spheres.
#PoliticalFactors #EconomicFactors #SocialFactors #TechnologicalFactors #LegalFactors #EnvironmentalFactors
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