Pestle Flashcards
1
Q
What is PESTLE
A
Is a framework for assessing the key feature of the external environment in which a business operates.
2
Q
Political
A
Competition policy
Industry regulation
Government spending and tax policies
Business policy and incentives
3
Q
Economic
A
Interest rates
Exchange rates
Consumer spending and income
Economic growth
4
Q
Social
A
Demographic change
Impact of pressure groups
Consumer tastes and fashions
Changing lifestyles
5
Q
Technological
A
Disruptive technologies
Adoption of mobile technologies
New production processes
Big data and dynamic pricing
6
Q
Legal
A
Employment law
Minimum wage
Health and safety laws
Environment legislation
7
Q
Environmental / Ethical
A
Sustainability
Tax practices
Ethical sourcing (supply chain)
Pollution and carbon emissions
