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PESTLE analysis is an effective tool that is utilized to get a detailed and comprehensive view of an industry environment. The full form of the acronym PESTLE is Political, Economic, Social, Technological, Legal and Environmental factors. A PESTLE analysis benefits by giving a strategic as well as a systematic evaluation of businesses prospects, opportunities as well as risks in a new environment.
A PESTLE Analysis can be used for both large scales as well as small scale projects. The main focus of a SWOT Analysis is on company internal processes while doing a PESTLE Analysis we get information on a large variety of external factors.
A detailed description of the PESTLE Factors is written below:-
To get more information about how a country's political environment can be affected you need to study the Company Information, Newspapers, Media Transcripts, as well as Pictures from a large variety of media sources.
The different legal factors are inclusive of both external as well as internal environments of a given company. A small list of the legal factors is written below:-
Environmental factors are of greater concern and importance to industries such as tourism, food production as well as agriculture. The Environmental factors include:
A few examples for which the PESTLE analysis has been carried out are listed right below. You will be able to view Pestle Analysis dissertation topics on the portal of any of the companies whose names have been given below:-
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