PESTLE analysis example | nibusinessinfo.co.uk (2024)

Possible factorseg international trading tariffs, restrictions, visa requirements, price control, etceg current UK economic situation, currency inflation, interest rates, taxation level, etceg cultural norms, attitudes to product, consumer preferences, age and gender distribution, etceg emergence of innovative technologies affecting the production, marketing or sale of a product, automation of processes, etceg legislative issues, such as consumer protection laws, health and safety laws, licensing regulations, etceg sustainability, waste management rules and regulations, green practices etc

Business impacteg - possible trade barriers to protect domestic supplierseg - strength of overseas economies versus UK may affect price/profitabilityeg - will product be accepted overseas?eg - can intellectual property rights be protected overseas?eg - will the product comply or be allowed into the market?eg - pollution implications of transportation