PESTEL and External Environment Analysis
Strategy cards on PESTEL factors and how external analysis feeds SWOT and strategy choice.
12 cards· by GuruOwl
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Try it- 01What does PESTEL stand for?Political, Economic, Social, Technological, Environmental, Legal.pestel
- 02Examples of political factors?Tax policy, trade tariffs, political stability, government spending priorities.pestel
- 03Examples of economic factors?Growth, inflation, interest rates, unemployment, exchange rates, consumer confidence.pestel
- 04Examples of social factors?Demographics, culture, lifestyle, education, health attitudes, urbanization.pestel
- 05Examples of technological factors?Automation, AI, R&D pace, digital platforms, infrastructure, tech adoption.pestel
- 06Examples of environmental factors?Climate risk, sustainability norms, resource scarcity, pollution regulation.pestel
- 07Examples of legal factors?Employment law, competition law, data privacy, licensing, product liability.pestel
- 08How does PESTEL relate to SWOT?PESTEL informs external Opportunities and Threats; SWOT also adds internal S/W.strategy
- 09Is PESTEL a full strategy?No — it is an environmental scan; strategy still requires choices about where to play and how to win.strategy
- 10Why update PESTEL regularly?External conditions change; outdated assumptions create blind spots in planning.practice
- 11Difference between PESTEL and Porter’s Five Forces?PESTEL: broad macro environment. Five Forces: industry competitive structure.comparison
- 12A carbon tax is primarily which PESTEL letter(s)?Political/Legal and Environmental overlap — often tagged under environmental policy & regulation.examples