Situational context - PESTEL-E

Question 1

Political

Answer 1

Government, party politics, public policy and administration, local government, pressure groups and public opinion, EU and international organisations

Question 2

Economic

Answer 2

Macroeconomic policy, global trends, size of firms, profits, public spending, wages and salaries, exchange rates, employment and unemployment, and labour markets

Question 3

Socio-cultural

Answer 3

Demography by age and size, working population, gender, ethnicity, education and training, social values and beliefs

Question 4

Technological

Answer 4

Information and communication technologies, robotics, technological change, medical advances, social media, email, intranet, video conferencing and flexibility

Question 5

Environmental

Answer 5

Sustainability, conserving natural resources, carbon footprint, protecting the environment; links to values

Question 6

Legal

Answer 6

Employment law, contract law, health and safety, codes of practice, regulatory bodies, European Court of Justice, EU employment regulations

Question 7

Ethical

Answer 7

Balancing stakeholder interests, ethical business relations, ethical production, ethical workplace, employee welfare, human rights and corporate social responsibility