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In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
One group will normally specialize in one aspect like operations or government regulations. Managing the interrelation of PESTLE factors requires teamwork in the enterprise planning process. A sample framework for general analysis is the SWOT analysis. Another is the Balanced Scorecard for performance measurement analysis. [6]
An analysis on the climate is also known as PEST analysis. The types of climate/environment firms have to analyse are: Political and regulatory environment: An analysis of how actively the government regulates the market with their policies and how it would affect the production, distribution and sale of the goods and services.
PEST analysis, which covers the remote external environment elements such as political, economic, social and technological (PESTLE adds legal/regulatory and ecological/environmental); Scenario planning, which was originally used in the military and recently used by large corporations to analyze future scenarios.
SWOT analysis evaluates the strategic position of organizations and is often used in the preliminary stages of decision-making processes [2] to identify internal and external factors that are favorable and unfavorable to achieving goals. Users of a SWOT analysis ask questions to generate answers for each category and identify competitive ...
Detailed live election results for desktop and mobile, U.S. and international editions 11/12 Marijuana On The Ballot Live results of the 2012 marijuana legalization ballot measures
Florida logs reports of serious incidents that occur inside its juvenile prisons, but the state does not maintain a database that allows for the analysis of trends across the system. HuffPost obtained the documents through Florida’s public records law and compiled incident reports logged between 2008 and 2012.
Young adults in Reno, Nev. are buying fewer homes compared to the rest of the nation, according to an analysis of home purchase loans. Residents younger than 25 in the Reno metro area accounted ...