Have been operating the business for a while. off the SWOT that we have done and re-analyze it. because everything can change all the time Icon in cover photo made by Smashicons from .flaticonIn doing business, there are often many factors that affect both positively and negatively on our business. that we ne to consider before executing any business plan There are both internal factors as well as external factors. PESTEL Analysis is the analysis of external factors that affect our organization and business. which reflects both obstacles and opportunities for doing business, consisting of factors in different areas as follows Political (P) Political factors.
That includes Company
That affect and business opportunities such as government Partners Email List policies. political stability political corruption International Trade Policy various tax policies, labor laws, trade restrictions, etc. Economic (E) Economic factors that affect and business opportunities such as economic growth trends currency exchange rate interest rate inflation unemployment rate, etc. Social (S) Social factors that affect and business opportunities such as the rate of population growth. average age of the population work attitude health consciousness Attitudes towards life, culture, etc. Technology (T) Technology factors that affect and business opportunities such as innovations that occur various research and development technological change awareness in technology automation technology The arrival of digital and AI etc.
Adds on to Collaborator
Environment (E) Environmental factors B2C Database that affect and business opportunities such as climate. Seasonal changes, global conditions, environmental regulations and policies, NGO groups, etc. Legal (L) Legal factors that affect and business opportunities, such as consumer protection laws. copyright law Health and Safety Laws labor protection law, etc. Cover photo by Simeon from FreeImages C is one of the most popular and useful frameworks. in understanding the internal and external environment It is an extension of the C analysis.
