Monday 25 December 2017

PESTEL FACTORS

What is PESTEL? It is an analysis is a framework or tool used by marketers to analyse and monitor the macro-environmental (external marketing environment) factors that have an impact on an organisation. The result of which is used to identify threats and weaknesses which is used in a SWOT analysis. It is a shortform of 


  • Political factors
  • Economic factors
  • Socio-cultural factors
  • Technological factors
  • Ecological factors
  • Legal factors

This is the elements of each factor: 

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