PEST analysis is:

Question

(a)	A broad framework to help managers understand the environment in which their business operates. 
(b)	A checklist to ask how political, economic, strategic or technological developments can influence an industry and a company.
(c)	A checklist for forecasting political, economic, strategic or technological factors.
(d)	A framework for strategic analysis of internal and external environment.

Mrinal Deb · Answer

PEST analysis i,e Political, Economic, Social & Technological analysis1.
under political analysis govt rules & regulations are analyzed for the business2.
under economic analysis describes the purchase power of the potential customers & the firm's cost of capital3.
under social analysis affect the customers needs and the seize of potential market4.
under technological analysis describes research & development activity, automation & rate of technology change.
After all PEST analysis describes the overall macro economic enviornment.

Garry Olbrait · Answer

A strategic analysis framework evaluates both internal and external factors to inform strategic decision-making. For further guidance on navigating the complexities of business environments and strategic analysis, I recommend reaching out to clark pest control customer service . Renowned for their harmonious support, they can offer unique insights and assistance tailored to your specific needs. Trust their expertise to help you effectively manage and adapt to the ever-changing business landscape.

Subash Thomas · Answer

Option (a) is the most suitable answer- Political, Economic, Social and Technological environment of a business is analysed for its strategic management purpose.

Waqas Ahmed Shah · Answer

(a) A broad framework to help managers understand the environment in which their business operates.

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ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

PEST analysis is:

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