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WhatsApp OrderEver wondered as a student how you can study the natural factors affecting the working of organizations. That’s where PESTLE analysis steps in. It allows organizations to study how various factors can affect their transactions and sales. PESTLE analysis is used by marketing and advertising branches of organizations to study their organization’s future transactions.
P- Political
E- Economical
S- Social
T- Technological
L- Legal
E- Environmental( now also ethical)
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PESTLE stands for the Political, Economical, Social, Technological, Legal and Environmental factors that affect the functioning of a particular association. such a system is used to conduct a survey or research on whether a particular process, idea or product would do well in its particular market. Topic-wise break down of PESTLE Analysis includes:
There are various sub-topics within the above-mentioned topics which are also covered under Pestle analysis assignments.
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