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  • PESTEL Template

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    Eco-Sprew Kenya Limited
    6 views2 pages
    The document outlines various external factors that could affect a business including political factors like government policy and regulations, economic factors such as exchange rates and inflation, social factors like consumer trends and demographics, technological innovations and disruptions, legal requirements around employment and health and safety, and environmental restrictions and sustainability concerns. It notes that understanding how these external factors could impact areas within a business is important for strategic planning.

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    The document outlines various external factors that could affect a business including political factors like government policy and regulations, economic factors such as exchange rates and inflation, social factors like consumer trends and demographics, technological innovations and disruptions, legal requirements around employment and health and safety, and environmental restrictions and sustainability concerns. It notes that understanding how these external factors could impact areas within a business is important for strategic planning.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    6 views2 pages

    PESTEL Template

    Uploaded by

    Eco-Sprew Kenya Limited
    The document outlines various external factors that could affect a business including political factors like government policy and regulations, economic factors such as exchange rates and inflation, social factors like consumer trends and demographics, technological innovations and disruptions, legal requirements around employment and health and safety, and environmental restrictions and sustainability concerns. It notes that understanding how these external factors could impact areas within a business is important for strategic planning.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    External Factors to Factors Affected within Importance to our

    Consider your business Business


    POLITICAL  Government policy
     Political stability
     Tax
     Industry
    regulations
     Regional trade
    agreements and or
    restrictions

    ECONOMIC  Exchange rates


    Globalization
     Economic growth/
    decline Inflation
    Interest rates
     Cost of living
     Labor costs
     Consumer
    spending & habits

    SOCIAL  Consumer trends/


    tastes,
     Consumer buying
    habits
     Lifestyle factors
     Career attitudes
     Work-life balance
    Population
    demographics

    TECHNOLOGY  Automation
     Innovation
     Disruptive
    technologies
     Social Networking

    LEGAL  Employment law


    Common law
     Local labor law
     Health and safety
    regulations

    ENVIRONMENTAL  Environmental
    restrictions
    imposed by in-
    county/country
    governments
     Sustainable
    resources
     CSR (Corporate
    social
    responsibility)
     Ethical sourcing
    Transportation
    Procurement
     Supply chain
    management
     Future pandemics

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