Pestel analysis | Management homework help

Project 1- requires a PESTEL analysis.

Listed below are the six (6) parts of a PESTEL analysis. Ensure that you address all the areas listed under each category that may have a Medium to High impact on the company, based on your analysis of the information available. If your analysis is supported by facts, then it is credible and meets the course requirement!

Put your analysis in paragraph form. DO NOT USE AN ALREADY COMPLETED ANALYSIS!!:

Political

Policy changes

Need for advocacy

Changes in employment laws

Consumer protection laws

Environmental regulations

Trade restrictions

Tax regulations

Health and safety requirements

Economic

Market shifts

Change in the cost of goods

Increased or decreased buying power from suppliers

Potential changes to inflation, taxes, interest rate, exchange rate, and trading regulations

Social

Emerging trends and methods

Media connectivity

Press releases and interviews

Blog, article, book, and podcast content

Age distribution

Population growth rate

Employment levels

Income statistics

Education and career trends

Religious beliefs

Cultural and social conventions

Technological

Hardware

Software

Platforms

Automation

Improved quality of parts and end product

Incentives

Significant cost savings

Use of outsourcing to control costs and offer greater flexibility

Environmental

Safety and health concerns

Seasonal impact of buyer purchasing

Physical environment

Consumer protection

Employee welfare

Waste disposal

Industry restrictions

Legal

Regulations

Compliance

Liability

Current and impending legislation

Health and safety considerations

Anticipated legislation changes

Your country’s national laws

The laws of countries that are impacted by your work (customer locations, vendors, investors)