What future market changes, regulations or laws might affect the business? Are there competitors whose services or products have a significant impact? Do we offer relevant services or products to our target market? Related: SWOT Analysis Patterns (Plus Why They're Useful) Other types of business analysis Here are some other types of business analytics that companies can use to examine the impacts that could impact their.
A revenue and business operations Saint Lucia Email List PESTLE analysis PESTLE analysis, also called PEST or PESTEL analysis, is a business analysis technique used to identify, analyze, and understand the effects of external influences on a business. Companies may use this method when they want to thoroughly analyze their business environment before making a decision. This method evaluates large-scale economic events to determine how they relate to the performance of a business.
PESTLE" is an acronym that represents the six elements of this technique, which are: Political factors: Politics can play an important role in how businesses operate in many industries. Political factors that may affect a business include taxation, laws and international affairs. Economic factors: Companies may experience growth or challenges due to inflation rates, employment rates and other economic factors that may affect consumer.