Question
PESTLE Analysis
Answer :
Word Count : 234
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PESTLE Analysis is a strategic tool used by entrepreneurs to understand the external environment in which a business operates. It examines six key factors: Political, Economic, Social, Technological, Legal, and Environmental, which can influence business decisions and growth. The political factor considers government policies, stability, taxation, trade regulations, and political support for entrepreneurship. Entrepreneurs must analyze these to anticipate potential risks or opportunities, such as subsidies or regulatory changes. Economic factors include inflation, interest rates, economic growth, unemployment, and consumer purchasing power. Understanding these helps entrepreneurs make
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