PESTLE Factors Flashcards
1
Q
Name the Political Factors
A
- Tax Policies
- Conflicts/Wars
- Trade Policies (agreements to make things cheaper/expensive. Makes international business easier)
2
Q
Name the Economical Factors
A
- Exchange Rates
- Inflation Rates
- Unemployed Rates
3
Q
Name the Social Factors
A
- Demographic Trends (Age, Population etc helps target marketing, understand market more etc)
- Consumer Attitude & Behaviour
4
Q
Name the Technological Factors
A
- Artificial Intelligence
- Advancements in Technology
5
Q
Name the Environmental Factors
A
- Climate Change
- Environmental Regulations (Creates boundaries for businesses in order to protect environment, can lead to more expenses)
6
Q
Name the Legal Factors
A
- Employment Laws
- Health and Safety Laws
- Copyright
