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PEST Analysis of Retail

PESTs analysis of retail

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Political factors include areas such as tax policy, employment laws, environmental regulations, trade restrictions and tariffs and political stability.

Economic factors are economic growth, interest rates, exchange rates and inflation rate.

Social factors often look at the cultural aspects and include health consciousness, population growth rate, age distribution, career attitudes and emphasis on safety.

Technological factors include ecological and environmental aspects and can determine barriers to entry, minimum efficient production level and influence outsourcing decisions. Technological factors look at elements such as ...

Solution Summary

Political factors include areas such as tax policy, employment laws, environmental regulations, trade restrictions and tariffs and political stability.

Economic factors are economic growth, interest rates, exchange rates and inflation rate.

Social factors often look at the cultural aspects and include health consciousness, population growth rate, age distribution, career attitudes and emphasis on safety.

Technological factors include ecological and environmental aspects and can determine barriers to entry, minimum efficient production level and influence outsourcing decisions.

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