PESTLE Analysis

Last updated about 1 year ago
4 questions
1
Draggable itemCorresponding Item
Demography
The attractiveness of the overall market in which a business operates
Economic growth
Measure of the value of output (activity) in the economy
External enviroment
Business focuses on what it is best at producing and selling​, this includes the production process and the product itself, it is developed to sell to the customers
Environmental issues
Business finds out what their customers wants and needs are prior to developing and producing products it continually reviews and analyses consumer needs to ensure it meets those needs
Market orientation
How much of a good or service a consumer wants and is able to pay for.
Real incomes
A measurement of the amount of disposable income available to consumers
Market conditions
The reward for saving and the cost of borrowing expressed as a percentage of the money saved or borrowed
Interest rate
Concerned with the size and composition of a population
Product orientation
Concern for the impact of business on the environment
Market demand
Features of the business environment that are outside of the control of a business
1
What does PESTLE stand for?
P: _______
E: _______
S: _______
T: _______
L: _______
E:_______
1

Give one example for each element of the PESTLE framework

1
If interest rates rise, possible effects include:

Cost of servicing loans/debt is __________
Consumer confidence should __________, leading to __________ spending
Effective disposable income __________