Political and legal change

Cards (8)

  • What do political factors in PESTEL analysis include?
    Government interventions and policies
  • What are legal factors in PESTEL analysis?
    Specific laws affecting business operations
  • How do legal factors affect international business operations?
    They vary by country and impact compliance
  • What is the role of government policies in PESTEL analysis?
    They influence business operations and market conditions
  • What is the significance of understanding the legal environment in PESTEL analysis?
    It ensures compliance and reduces legal risks
  • How does understanding the political environment aid in business decisions?
    It helps navigate regulations and government policies
  • What is the role of consumer protection laws in PESTEL analysis?
    They ensure fair treatment of consumers
  • What is the significance of understanding legal factors in PESTEL analysis?
    It ensures compliance with laws and regulations