8/17/2019 Example Pestel

1/1

PESTLE Analysis: An extension of PEST

Analysis

What is PESTLE Analysis? PESTEL analysis is an extension of PEST that is used to assess twoadditional macroeconomic factors. These factors arethe Legal and Environment conditions that can have an impact on thecompany. Examples of PESTLE analysis are similar to those of a PEST analysis !ut theywould include the followin":

Environment: #han"es in weather and climate

Laws re"ardin" pollution and recyclin"

Waste mana"ement

$se of "reen or eco%friendly products and practices

Le"al:

&iscrimination laws

'ealth and safety laws

#onsumer protection laws

#opyri"ht and patent laws

So if you want to assess a !usiness situation in a comprehensive way a PEST analysis isa defnite mustthat can help you understand the macroeconomic !usiness environment.

Political Economic Social Technical

(ew state

tax policies foraccountin"

(ew

employmentlaws foremployeehand!oo)maintenance

Political

insta!ility in aforei"npartnercountry

*nternationa

l economic"rowth

#han"es in

interest rates

Shift in

educationalre+uirementsand chan"in"careerattitudes

Population

"rowth rate

Automated

processes inthe industry

,ate of

innovation #han"es in

technolo"yincentives

http://pestleanalysis.com/http://pestleanalysis.com/examples-of-pestle-analysis/http://pestleanalysis.com/examples-of-pestle-analysis/http://pestleanalysis.com/