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PESTEL Analysis - Learn how to do it and key points of pestle analysis. What is PESTEL Analysis?
PESTEL stands for Political, Economic, Social, Technological, Economic, and Legal factors. It is a framework used by marketers to understand the macro-environmental factors that impact an organization active in a country. Pestle analysis and Pestel analysis refer to the same thing. Who created pestle analysis? Harvard professor Francis Aguilar created pestle analysis. What is pest analysis? Pest stands for Political, Economic, Social, and Technological factors. What is steeple analysis? Steeple analysis is a detailed framework for macroeconomic analysis. The purpose of all the above frameworks is the same, that is to analyze the macro-environment of a business. How to do a PESTEL Analysis? Doing pestel analysis is easy and tough. However, for any actual business, it needs thorough analysis as million dollars can be at stake.
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