1. Carry Out A Pest Analysis
... and 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 ... may result in firms having to cut staff and cease current development projects. If there is an increase in interest rates, then demand for computers is likely to fall due to consumers having less disposable income as many people have mortgages and loan. The inc...
- Word Count: 747
- Approx Pages: 3
- Grade Level: Undergraduate