A PESTEL analysis is an acronym for a tool used to identify the macro (external) forces facing an organisation. The letters stand for Political, Economic, Social, Technological, Environmental and Legal. In this blog, we will look at what a PESTEL analysis is used for as well as the advanta...
Technology can reinvigorate a declining industry (e.g., robotics in automotive manufacturing) or create entirely new ones (e.g., cell phone manufacture and services). Technology can also disrupt some businesses—for example, physical retailers, which are losing sales to online retailers; print medi...
PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or industry.
PESTLE Analysis of Porsche byadamkasi|Dec 4, 2023|Companies Porsche is a renowned brand name in the German automotive industry, known for manufacturing premium quality luxury automobiles. The company manages manufacturing of vehicles in the sporting, Sedan and SUV range, selling the cars on a glob...
PESTEL analysis examples The PESTELanalysisis a tool used by marketers to evaluate the macro-environmental factors that impact the business or its particular industry. PESTEL is an acronym for six such factors: political, economic, social, technological, environmental, and legal. ...
PESTEL Analysis Definition PESTLE or PESTEL Analysis is a tool which helps companies have a ten thousand foot view of the macro environment it is operating in. PESTEL is an acronym and the letters stand for Political, Economic, Social, Technological, Environmental and Legal. Also, this framework...
Technological factors examples in PESTEL analysis Advancements in AI: New artificial intelligence technologies can streamline operations and improve efficiency in industries like manufacturing and customer service. Cybersecurity: Rising threats in cyber security can compel businesses to invest significantly in ...
In summary, this PESTEL analysis’s case study of IKEA has allowed us to thoroughly analyze the macro-environment of the home furnishings industry on a global scale. As a result, we can identify the main opportunities and threats that IKEA’s management should consider when planning strategically...
Click here to read our example of the Apple Pestel analysis. Twitter Pestel Analysis Click here to read our example of the Twitter Pestel analysis. Facebook Pestel Analysis Click here to read our example of the Facebook Pestel analysis. Pestel analysis of the Social Media industry Click here ...
Finding alternatives other than China for manufacturing will increase the cost of Apple Products thus it will overall decrease the sales globally. Apple is the preeminent taxpayer in the world and any political issue will influence its overall commercial performance. With Brexit and a new government ...