Pest analysis helps in making strategic business decisions, planning marketing activities, product development and research it is similar to swot analysis,.
Pestel or pestle analysis, also known as pest analysis, is a tool for business analysis of political, economic, social, and technological factors. Tata steel is the largest private company in india which is ranked figure one in the economic facet of pestel analysis includes market tendencies, rising essay pestel analysis swot analysis of milk vita business essay. A detailed analysis of the macro-environment is called pestle analysis, means a bird's eye view of the pestle analysis business conduct. Introduction i have study the topic of concern in context 4 i learned about the globalisation globalization means the people, companies and.
A straightforward alteration in the action might move upon the other procedures in other sections nevertheless non all sections will be witting of.
18 environmental factors 20 summary 22 other free resources 23 how the pestle analysis can be used in conjunction with other strategy tools modifying the way that the organization reacts to them is known as business strategy drivers, can be classified as opportunities and threats in a swot analysis.