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PEST analysis is:

(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.

Accounting Budgeting Financial and Management Reporting
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Question ajoutée par Mohammad Ashfaq , Financial Controller , Union COOP
Date de publication: 2013/05/08
Apprécier (3) Vues (19) Suiveurs (4) Réponses (4) Report Question
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Mrinal Deb
par Mrinal Deb , Manager - Finance and Accounts , Comfort Diagnostic & Nursing Home

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
par Garry Olbrait , Valet De Chambre , Samba Financial Group

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
par Subash Thomas , Manager- Internal Audit. , Confidential Company

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
par Waqas Ahmed Shah , Accounting Officer , Pakarab Fertilizers Limited

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

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