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Which political decisions at the national and European - Sijabhasan - 01-09-2023 Its name is an acronym denoting the 6 external factors analyzed within the framework of this method: political, economic, social, technological, ecological (or environmental) and legal. Therefore, PESTEL analysis aims to identify opportunities and threats (which can be used in SWOT analysis), as well as to gain a prehensive understanding of the workings of the market in which the pany operates. This analysis makes it possible to develop scenarios, predict market developments and maintain organizations in the long run.  Therefore, the PESTEL approach is plementary to the SWOT analysis which focuses on strengths, weaknesses, opportunities and threats. It is quite possible to conduct both types of analysis as part of a business plan. The 6 ponents of PESTEL Analysis The 6 external factors Egypt Phone Number List that PESTEL analysis targets and their implications are found: 1. Policy This factor refers to the impact related to government or institutional decision-making. This may involve tax policy, political instability or decisions made by international organisations, such as laws at the European level. Examples of questions to ask. Level affect my pany's activities? Will state subsidies change? Is there any risk of political instability that could harm my business? Are there any planned changes to the laws related to my sector of activity? 2 Economy These are the financial elements that govern the market, influencing purchasing power and consumer habits. The interest rates charged by banks, the evolution of prices, inflation, and even the stability (or stability) of currencies can affect a pany's activities. Example questions to ask: How is the economy growing in the country where I work? What is the unemployment rate. RE: Which political decisions at the national and European - sylviascofield219 - 05-12-2025 I am a politician and I just loved this study. Lol!!!