Check out our updated study resources on PESTLE (PEST) analysis here www.tutor2u.net/business/topics/pestle-analysis
@nurulmashitah48246 жыл бұрын
Social - Enalyzes demographic change and culture aspect of a company .. This aspect to help businesses fulfil the consumer needs and determine what pushes them to make purchases . People nowadays use the social media such as Facebook and make it become very popular among the youngest .
@nurulmashitah48246 жыл бұрын
Economy - Examine outside economic issues that can play a role in a company .. Such as unemployment policies . The Unemployment policies are used to help peoples to gain work so that the economic stability of the country can be maintain .
@nurulmashitah48246 жыл бұрын
Technology - about how technology can affect the introduction of goods and services into a marketplace .. For the example , is the role of the internet . businesses need to have at least one smartphone to promote their items in the social media
@angelicateodoro406411 ай бұрын
Explanation about technology nga Po plss
@tutor2u-official6 жыл бұрын
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@jasvirk68415 жыл бұрын
FANTASTIC VIDEO! He goes straight to the point, no time waffling about irrelevant crap! Very useful! Very well spoken and fantastic slide straight to the key information
@nurulmashitah48246 жыл бұрын
POLITICAL - gov. regulation and legal issues affect the company's ability to be successful . For an example , Employment Laws . The employment laws are the relationships between employee - employer .. This laws is to prevent discriminate
@MrGiantNob5 жыл бұрын
what's the difference between political and legal?
@maxitaxiwannalift5736 жыл бұрын
Man like Jim Riley killing it in the Business game, much love x
@SIW8086 жыл бұрын
Brilliant video and very well explained. Preparing for my CIPS Level 5 exams for week of the 13th and this will definitely be helpful.
@Scorpionwins234 жыл бұрын
Clear and concise explanation as always, I have started looking for the white text on blue background thumbnail when looking up analysis tools for my marketing studies on KZbin. Your videos always deliver, thank you!
@tutor2u-official2 жыл бұрын
Glad it was helpful!
@Ezinma883 жыл бұрын
So useful. Thanks. The best explanation I've found so far.
@tutor2u-official3 жыл бұрын
You're very welcome!
@densyo6772 жыл бұрын
New subscriber here...thanks for sharing...sending my full support and kindness
@tutor2u-official2 жыл бұрын
Thanks for subbing!
@jacklacorte44863 күн бұрын
I've watched this a few times now, and I'm very sure he doesn't give an example of how Apple was affected by demographic change. Am I missing something?
@narenikka79477 жыл бұрын
Excellent. Thank you so much.
@craigconnell89905 жыл бұрын
Great video - thank you!
@celimarmaia34872 ай бұрын
Pestle analysed business
@Tommy-su8gu8 жыл бұрын
Brilliant video
@richwhilecooper7 жыл бұрын
Well explained,. The best video on this I've found. A perfect learning tool for my GCSE Business STudies groups to compliment their lessons. Thasnks for this.I Use STEEPLE which seperates the Legal Ethical considerations, but its useful to show different versions of the same thing - plus linking it to SWOT. Once students grasp the idea they realise that one set of factors often influence the others.
@tutor2u-official Жыл бұрын
Many thanks for the positive feedback - always much appreciated!
@harry61365 жыл бұрын
thank you this video really helped
@KashaneTiger7 жыл бұрын
Very good!
@jamieharrison98108 жыл бұрын
Excellent pestle video by tutor2u
@tutor2u-official6 жыл бұрын
Many thanks Jamie - positive feedback always appreciated.
@wisdomasege68752 жыл бұрын
Where does Standardization and Corporate Social Responsibility (CSR) fall within the PESTLE ANALYSIS???
@lukasjacobsen-murphy33574 жыл бұрын
Think yu
@as_Learning_academy7 жыл бұрын
Thank You so much
@lardenodede55687 жыл бұрын
thank you that was excellent
@chaol95556 жыл бұрын
This video was very helpful thank you but could you please elaborate more on what the demographic change was for the example for Apple?
@fpltime99254 жыл бұрын
Hello, how would you do and what would should be included for a PESTAL analysis for a new start up medicine sharing app? Any help would be useful.
Morning ! I still don't understand the environmental Pestel !! can someone explain it for me ?! thank you
@1ms3827 жыл бұрын
It could be environmental/ethical, for example a business like Cadbury having fair trade for all of their products. It means they are looking out for the environment and people to improve what people think about them. Leading to better publicity, better brand etc etc.
@macgot6 жыл бұрын
for the pure environmental part (without the ethical which is relatively subjective), a couple of examples: investing in coastal areas vs sea level rising, investing in ski resorts vs global warming. hope it hepled a bit
@tutor2u-official6 жыл бұрын
The environment; sustainability.
@riaz.ahmed14835 жыл бұрын
Environmental: influencing business to use less energy/appreciated to use more green energy, reducing use of non-renewable resources, reduce waste and carbon footprints. In short encouraging businesses to be socially responsible if not pressure groups can damage the business performance (i.e. consumer boycotts) and influence on the government policies to pass laws to protect the environment.
@rexynator_ytb5 жыл бұрын
its pestel not pestle no ? xd
@keanu14134 жыл бұрын
Noo
@gerlenelanzaderas1847 жыл бұрын
i thought its only PEST
@AdrianCachia2567 жыл бұрын
or PESTI but this makes more sense actually.
@gerlenelanzaderas1847 жыл бұрын
Adrian Cachia ok thanks
@M3RC4RY6 жыл бұрын
This topic really is a pest.
@tutor2u-official6 жыл бұрын
Some textbooks only use PEST but it is now more widely extended to PESTLE to include the legal & environmental aspects.