1. Carry Out A Pest Analysis
... discuss the main external factors that affect firms in the industry. The PEST analysis stands for Political, Economic, Social and Technological. These four factors have a great impact on all businesses. The reason for carrying out a PEST analysis is to discover what external factors' effect a business and to determine the success ... with all current legislation and that they are aware of future legislation. Firms in this industry may be faced with increased costs if for example, the packaging of computers contravenes the consumer safety act of 1978, whereby the packaging may be harmful ...
- Word Count: 747
- Approx Pages: 3
- Grade Level: Undergraduate