What is the purpose of PESTLE analysis? Discuss with the help of examp

Question

What is the purpose of PESTLE analysis? Discuss with the help of examples.

22 Feb 2023

Answer :

Word Count : 370

PESTLE analysis is a strategic framework used by businesses to analyze external factors that may impact their operations. The acronym PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental factors. The purpose of a PESTLE analysis is to identify the key external factors that can affect a business and to develop strategies to address these factors.

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